AT&T Wireless 2009 Annual Report Download - page 60
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Please find page 60 of the 2009 AT&T Wireless annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Management’s Discussion and Analysis of Financial Condition and Results of Operations (continued)
Dollars in millions except per share amounts
58 AT&T 09 AR
• Ourabilitytodevelopattractiveandprofitableproduct/
serviceofferingstooffsetincreasingcompetitioninour
wirelessandwirelinemarkets.
• Theabilityofourcompetitorstoofferproduct/service
offeringsatlowerpricesduetolowercoststructuresand
regulatoryandlegislativeactionsadversetous,including
stateregulatoryproceedingsrelatingtounbundled
networkelementsandnonregulationofcomparable
alternativetechnologies(e.g.,VoIP).
• Thetiming,extentandcostofdeploymentofourU-verse
services;thedevelopmentofattractiveandprofitable
serviceofferings;theextenttowhichregulatory,
franchisefeesandbuild-outrequirementsapplytothis
initiative;andtheavailability,costand/orreliabilityof
thevarioustechnologiesand/orcontentrequiredto
providesuchofferings.
• Ourcontinuedabilitytoattractandofferadiverse
portfolioofdevices,someonanexclusivebasis.
• Theavailabilityandcostofadditionalwirelessspectrum
andregulationsrelatingtolicensingandtechnical
standardsanddeploymentandusage,includingnetwork
managementrules.
• Ourabilitytomanagegrowthinwirelessdataservices,
includingnetworkquality.
• Theoutcomeofpendingorthreatenedlitigation,
includingpatentandproductsafetyclaimsbyoragainst
thirdparties.
• Theimpactonournetworksandbusinessofmajor
equipmentfailures,ourinabilitytoobtainequipment/
softwareorhaveequipment/softwareservicedina
timelyandcost-effectivemannerfromsuppliers,severe
weatherconditions,naturaldisasters,pandemicsor
terroristattacks.
• Ourabilitytosuccessfullynegotiatenewcollective
bargainingcontractsandthetermsofthosecontracts.
• TheissuancebytheFinancialAccountingStandards
Boardorotheraccountingoversightbodiesofnew
accountingstandardsorchangestoexistingstandards.
• TheissuancebytheInternalRevenueServiceand/or
statetaxauthoritiesofnewtaxregulationsorchangesto
existingstandardsandactionsbyfederal,stateorlocal
taxagenciesandjudicialauthoritieswithrespectto
applyingapplicabletaxlawsandregulationsandthe
resolutionofdisputeswithanytaxingjurisdictions.
• Ourabilitytoadequatelyfundourwirelessoperations,
includingpaymentforadditionalspectrum;network
upgradesandtechnologicaladvancements.
• Changesinourcorporatestrategies,suchaschanging
networkrequirementsoracquisitionsanddispositions,to
respondtocompetitionandregulatory,legislativeand
technologicaldevelopments.
Readersarecautionedthatotherfactorsdiscussedinthis
report,althoughnotenumeratedhere,alsocouldmaterially
affectourfutureearnings.
CAUTIO N AR Y L A NG UAGE CONCER NI NG
FO RWARD-LOOK I NG STAT EMENTS
Informationsetforthinthisreportcontainsforward-looking
statementsthataresubjecttorisksanduncertainties,and
actualresultscoulddiffermaterially.Manyofthesefactorsare
discussedinmoredetailinthe“RiskFactors”section.We
claimtheprotectionofthesafeharborforforward-looking
statementsprovidedbythePrivateSecuritiesLitigation
ReformActof1995.
Thefollowingfactorscouldcauseourfutureresultsto
differmateriallyfromthoseexpressedintheforward-looking
statements:
• Adverseeconomicand/orcapitalaccesschangesinthe
marketsservedbyusorincountriesinwhichwehave
significantinvestments,includingtheimpactoncustomer
demandandourabilityandoursuppliers’abilityto
accessfinancialmarkets.
• Changesinavailabletechnologyandtheeffectsofsuch
changes,includingproductsubstitutionsanddeployment
costs.
• Increasesinourbenefitplans’costs,includingincreases
duetoadversechangesintheU.S.andforeignsecurities
markets,resultinginworse-than-assumedinvestment
returnsanddiscountrates,andadversemedicalcost
trendsandunfavorablehealthcarelegislationand
regulations.
• ThefinaloutcomeofFederalCommunications
Commissionandotherfederalagencyproceedingsand
reopeningsofsuchproceedingsandjudicialreview,if
any,ofsuchproceedings,includingissuesrelatingto
accesscharges,broadbanddeployment,E911services,
competition,netneutrality,unbundledloopandtransport
elements,wirelesslicenseawardsandrenewalsand
wirelessservices.
• Thefinaloutcomeofregulatoryproceedingsinthestates
inwhichweoperateandreopeningsofsuchproceedings
andjudicialreview,ifany,ofsuchproceedings,including
proceedingsrelatingtoInterconnectionterms,access
charges,universalservice,unbundlednetworkelements
andresaleandwholesalerates,broadbanddeployment
includingourU-verseservices,netneutrality,
performancemeasurementplans,servicestandardsand
trafficcompensation.
• Enactmentofadditionalstate,federaland/orforeign
regulatoryandtaxlawsandregulationspertainingtoour
subsidiariesandforeigninvestments,includinglawsand
regulationsthatreduceourincentivetoinvestinour
networks,resultinginlowerrevenuegrowthand/or
higheroperatingcosts.
• Ourabilitytoabsorbrevenuelossescausedbyincreasing
competition,includingofferingsthatusealternative
technologies(e.g.,cable,wirelessandVoIP)andour
abilitytomaintaincapitalexpenditures.
• Theextentofcompetitionandtheresultingpressureon
accesslinetotalsandwirelineandwirelessoperating
margins.