Charter 2006 Annual Report Download - page 14

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CHARTER COMMUNICATIONS, INC. 2006 FORM 10-K
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS (unforeseen difficulties we may encounter in our continued
introduction of our telephone services such as our ability to
This annual report includes forward-looking statements within meet heightened customer expectations for the reliability of
the meaning of Section 27A of the Securities Act of 1933, as voice services compared to other services we provide and
amended (the ‘‘Securities Act’’) and Section 21E of the Securities our ability to meet heightened demand for installations and
Exchange Act of 1934, as amended (the ‘‘Exchange Act’’), customer service;
regarding, among other things, our plans, strategies and pros-
(our ability to sustain and grow revenues and cash flows
pects, both business and financial, including, without limitation,
from operating activities by offering video, high-speed
the forward-looking statements set forth in Part I. Item 1. under
Internet, telephone and other services and to maintain and
the heading ‘‘Business — Focus for 2007,’’ and in Part II. Item 7.
grow a stable customer base, particularly in the face of
under the heading ‘‘Management’s Discussion and Analysis of
increasingly aggressive competition from other service
Financial Condition and Results of Operations’’ in this annual
providers;
report. Although we believe that our plans, intentions and
expectations reflected in or suggested by these forward-looking (our ability to obtain programming at reasonable prices or
statements are reasonable, we cannot assure you that we will to pass programming cost increases on to our customers;
achieve or realize these plans, intentions or expectations.
(general business conditions, economic uncertainty or slow-
Forward-looking statements are inherently subject to risks, down; and
uncertainties and assumptions, including, without limitation, the
factors described in Part I. Item 1A. under the heading ‘‘Risk (the effects of governmental regulation, including but not
Factors’’ and in Part II. Item 7. under the heading ‘‘Manage- limited to local franchise authorities, on our business.
ment’s Discussion and Analysis of Financial Condition and All forward-looking statements attributable to us or any
Results of Operations’’ in this annual report. Many of the person acting on our behalf are expressly qualified in their
forward-looking statements contained in this annual report may entirety by this cautionary statement. We are under no duty or
be identified by the use of forward-looking words such as obligation to update any of the forward-looking statements after
‘‘believe,’’ ‘‘expect,’’ ‘‘anticipate,’’ ‘‘should,’’ ‘‘planned,’’ ‘‘will,’’ the date of this annual report.
‘‘may,’’ ‘‘intend,’’ ‘‘estimated,’’ ‘‘aim,’’ ‘‘on track,’’ ‘‘target,’’ ‘‘oppor-
tunity’’ and ‘‘potential,’’ among others. Important factors that
could cause actual results to differ materially from the forward-
looking statements we make in this annual report are set forth
in this annual report and in other reports or documents that we
file from time to time with the SEC, and include, but are not
limited to:
(the availability, in general, of funds to meet interest
payment obligations under our debt and to fund our
operations and necessary capital expenditures, either
through cash flows from operating activities, further bor-
rowings or other sources and, in particular, our ability to be
able to provide under the applicable debt instruments such
funds (by dividend, investment or otherwise) to the
applicable obligor of such debt;
(our ability to comply with all covenants in our indentures
and credit facilities, any violation of which could trigger a
default of our other obligations under cross-default
provisions;
(our ability to pay or refinance debt prior to or when it
becomes due and/or to take advantage of market opportu-
nities and market windows to refinance that debt through
new issuances, exchange offers or otherwise, including
restructuring our balance sheet and leverage position;
(competition from other video programming distributors,
including incumbent telephone companies, direct broadcast
satellite operators, wireless broadband providers and DSL
providers;
ii