71557--3/28/2007--NEW_ULM_TELECOM_INC

related topics
{product, market, service}
{debt, indebtedness, cash}
{cost, contract, operation}
{system, service, information}
{personnel, key, retain}
{control, financial, internal}
{interest, director, officer}
{acquisition, growth, future}
{competitive, industry, competition}
{stock, price, operating}
{regulation, government, change}
The Company is subject to increased competition in core business segments that may adversely impact it. The Company s businesses may be adversely affected if it is unable to hire and retain qualified employees. The Company may not be able to successfully introduce new products and services. Shifts in the Company s product mix may result in declines in operating income. Technological advances in the telecommunications industry create increased operating costs. Future regulation may result in lower revenues. The Company may not generate sufficient funds from operations to fund future liquidity needs. A failure in operational systems or infrastructure could impair liquidity, disrupt business, damage the Company s reputation and cause loss. Unanticipated increases in capital spending, operating or administrative costs, or the impact of new business opportunities requiring significant up-front investments. Customer payment defaults could have an adverse effect on the Company s financial condition and results of operations. The Company s stock price is volatile. Ability to collect escrow proceeds in their entirety. If the Company seeks to secure additional financing, it may not be able to obtain it. Ability to profitably manage Hector Communications Corporation New Ulm must comply with the Section 404 in connection with its 2006 year end financial statements

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