1175215--3/12/2010--CELLCO_PARTNERSHIP

related topics
{product, market, service}
{capital, credit, financial}
{system, service, information}
{cost, operation, labor}
{regulation, government, change}
{financial, litigation, operation}
{acquisition, growth, future}
{competitive, industry, competition}
{investment, property, distribution}
{operation, international, foreign}
{condition, economic, financial}
{provision, law, control}
Risks Related to Our Business We face intense competition, which may make it difficult for us to maintain or grow our operating income. Failure to offer new wireless services and devices may limit our ability to compete effectively and grow our business. Adverse changes in the credit markets could increase our borrowing costs and the availability of financing. We depend upon a number of key suppliers and, if any of them fails to fulfill their obligations to us, we may not be able to provide services or maintain and upgrade our network. Failure to successfully deploy Long Term Evolution as our next-generation technology in a timely manner or failure of Long Term Evolution to become the principal next-generation global standard could adversely affect our ability to attract and retain customers. Use of our 700 MHz C block licenses will be subject to as yet undetermined open access regulatory obligations, which may increase the cost of using this spectrum. Labor unions are attempting to organize our employees, and we cannot predict the impact of unionization efforts on our costs. If we are not able to successfully integrate Alltel into our business, we may not achieve all of the anticipated benefits of this acquisition. Risks Related to Our Industry Concerns about alleged health risks relating to radiofrequency emissions may reduce demand for our services and may result in undetermined financial costs to our business. Our operations are subject to significant regulation by the FCC and other federal and state agencies, and changes in regulations could affect our business prospects or results of operations. Adverse economic conditions in the United States could impact our results of operations. Major network failures could have an adverse effect on our business. Risks Related to Our Ownership Structure Our Partners may cause us to take actions that limit our business activities, increase our costs or otherwise adversely affect our business.

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