Verizon Wireless 2014 Annual Report Download - page 37

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35
CAUTIONARY STATEMENT CONCERNING
FORWARDLOOKING STATEMENTS
In this report we have made forward-looking statements. These state-
ments are based on our estimates and assumptions and are subject to
risksanduncertainties.Forward-lookingstatementsincludetheinfor-
mation concerning our possible or assumed future results of operations.
Forward-lookingstatementsalsoincludethoseprecededorfollowedby
thewords“anticipates,”“believes,”“estimates,”“hopes”orsimilarexpres-
sions.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 report and in other filings with the Securities and Exchange
Commission (SEC), could affect future results and could cause
those results to dier materially from those expressed in the forward-
looking statements:
• adverse conditions in the U.S. and international economies;
• the eects of competition in the markets in which we operate;
• material changes in technology or technology substitution;
• disruptionofourkeysuppliers’provisioningofproductsorservices;
• changes in the regulatory environment in which we operate, including
any increase in restrictions on our ability to operate our networks;
• breaches of network or information technology security, natural disas-
ters, terrorist attacks or acts of war or signicant litigation and any
resulting nancial impact not covered by insurance;
• our high level of indebtedness;
• an adverse change in the ratings aorded our debt securities by
nationally accredited ratings organizations or adverse conditions in
thecreditmarkets aectingthe cost, including interestrates,and/or
availability of further nancing;
• material adverse changes in labor matters, including labor negotia-
tions,andanyresultingnancialand/oroperationalimpact;
• signicant increases in benet plan costs or lower investment returns
on plan assets;
• changes in tax laws or treaties, or in their interpretation;
• changes in 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;
and
• the inability to implement our business strategies.
MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS continued