Verizon Wireless 2008 Annual Report Download - page 37

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CAUTIONARY STATEMENT CONCERNING
FORWARDLOOKING STATEMENTS
In this annual report on Form 10-K we have made forward-looking state-
ments. These statements are based on our estimates and assumptions
and are subject to risks and uncertainties. Forward-looking statements
include the information concerning our possible or assumed future
results of operations. Forward-looking statements also include those pre-
cededorfollowedbythewords“anticipates,”“believes,”“estimates,”“hopes”
or similar expressions. For those statements, we claim the protection of
the safe harbor for forward-looking statements contained in the Private
SecuritiesLitigationReformActof1995.
The following important factors, along with those discussed elsewhere
in this annual report, could affect future results and could cause those
results to differ materially from those expressed in the forward-looking
statements:
• the effects of adverse conditions in the U.S. and international
economies;
• the effects of competition in our markets;
• materially adverse changes in labor matters, including workforce levels
and labor negotiations, and any resulting financial and/or operational
impact, in the markets served by us or by companies in which we have
substantial investments;
• the effects of material changes in available technology;
• any disruption of our suppliers’ provisioning of critical products or
services;
• significant increases in benefit plan costs or lower investment returns
on plan assets;
• the impact of natural or man-made disasters or existing or future litiga-
tion and any resulting financial impact not covered by insurance;
• technology substitution;
• an adverse change in the ratings afforded our debt securities by
nationally accredited ratings organizations or adverse conditions in
the credit markets impacting the cost, including interest rates, and/or
availability of financing;
• any changes in the regulatory environments in which we operate,
including any loss of or inability to renew wireless licenses, and the final
results of federal and state regulatory proceedings and judicial review
of those results;
• the timing, scope and financial impact of our deployment of fiber-to-
the-premises broadband technology;
• changes in our accounting assumptions that regulatory agencies,
including the SEC, may require or that result from changes in the
accounting rules or their application, which could result in an impact
on earnings;
• our ability to successfully integrate Alltel Corporation into Verizon
Wireless’s business and achieve anticipated benefits of the acquisition;
and
• the inability to implement our business strategies.
Management’s Discussion and Analysis
ofFinancialConditionandResultsofOperations continued