FairPoint Communications 2011 Annual Report Download - page 4

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Table of Contents

Some statements in this Annual Report on Form 10-K for our fiscal year ended December 31, 2011 (this “Annual Report”) are known as “forward-
looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements may relate to, among other things:
future performance generally and our share price as a result thereof;
restrictions imposed by the agreements governing our indebtedness;
our ability to satisfy certain financial covenants included in the agreements governing our indebtedness;
financing sources and availability, and future interest expense;
our ability to refinance our indebtedness on commercially reasonable terms, if at all;
anticipated business development activities and future capital expenditures;
the effects of regulation, including restrictions and obligations imposed by federal and state regulators as a condition to the approval of the
Merger (as defined herein) and the Plan (as defined herein);
adverse changes in economic and industry conditions, and any resulting financial or operational impact, in the markets we serve;
labor matters, including workforce levels, our recently announced workforce reduction and labor negotiations, and any resulting financial
or operational impact;
material technological developments and changes in the communications industry, including disruption of our third party suppliers’
provisioning of critical products or services;
change in preference and use by customers of alternative technologies;
the effects of competition on our business and market share;
risks related to our reported financial information and operating results including with respect to our adoption of fresh start accounting;
changes in federal and state regulatory policies, procedures and mechanisms including but not limited to the availability and levels of
regulatory support payments;
availability of net operating loss (“NOL”) carryforwards to offset anticipated tax liabilities;
the impact of changes in assumptions on our ability to meet obligations to our Company-sponsored pension plans and post-retirement
healthcare plans; and
changes in accounting assumptions that regulatory agencies, including the Securities and Exchange Commission (the “SEC”), may
require or that result from changes in the accounting rules or their application, which could result in an impact on earnings.
These forward-looking statements include, but are not limited to, statements about our plans, objectives, expectations and intentions and other
statements contained in this Annual Report that are not historical facts. When used in this Annual Report, the words “expects,” “anticipates,” “intends,”
“plans,” “believes,” “seeks,” “estimates” and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking
statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ
materially from those expressed or implied by these forward-looking statements, including our plans, objectives, expectations and intentions and other factors
discussed under “Item 1A.
3