16 Mar It’s About You ANNUAL REPORT Reduction Notes to the Financial Statements . Special. Dividend. Capital. Reduction. I am pleased to report that Singtel. 1 Jun GrowinG. ToGETHEr. SingTel. &. 1. ANNUAL REPORT . sHarEHolDEr payouT. (s$b).
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Full compliance with regulations that allow the state to monitor voice and data rdport may be overly burdensome, expensive and lead to a drop in quality of service. Pakistan Mobile Communications Limited. Although we are not aware of any current investigations of our company in connection with our relationship with Takilant, there can be no assurance that we will not become subject to investigations, face liability or singtwl reputational harm due to our relationship with Takilant.
Carrier and Operator Services, which provide consolidated management of our relationship with other carriers and operators. If we are found to be involved in practices that do not comply with local laws or regulations, we may be exposed, among sihgtel things, to significant fines, the risk of prosecution or the suspension or loss of our licenses, frequency allocations, authorizations or various permissions, any of which could have a material adverse effect on our business, financial condition and results of operations.
The occurrence of any of these events could materially adversely affect our ability to build out our networks in accordance with qnnual plans and could harm our reputation. Such developments with our third party retailers and dealers could materially adversely affect our business, financial condition, results of operation and prospects.
Risks Related to Our Industry. We experience new customer demand for more sophisticated telecommunications and Internet services in the markets in which we operate.
Selling, general and administrative expenses. Description of Our Business. In addition, ethnic, repport, historical and other divisions have, on occasion, given rise to tensions and, in certain cases, military conflict.
If this were to occur, we may choose to adopt lower tariffs, offer handset subsidies or increase dealer commissions, any or all of which could materially annuao affect our business, financial condition, results of operations and prospects. Certain amounts and percentages that appear in this Annual Report on Form F have been subject to rounding adjustments.
We currently purchase our equipment from a small number of suppliers, principally Alcatel-Lucent, Cisco Systems, Comverse, Ericsson, Huawei and Nokia-Siemens Networks, although some of the equipment that we use is available from other suppliers. Inflationary pressure in the countries where we have operations could materially adversely affect our business, financial condition, results of operations and prospects.
If we are unable to obtain adequate funds on acceptable terms, we may be unable to develop or enhance our products, re;ort advantage of future opportunities or respond to competitive pressures, which could adversely affect our business, financial condition, results of operations and prospects.
These markets are highly penetrated, but have strong potential for broadband growth both in fixed-line and in mobile. The adverse resolution of these or other tax matters that may arise could have a material adverse effect on our business, financial condition and results of operations. These events and similar events in other jurisdictions where we operate could adversely affect our business, prospects, financial condition and results of operations. In addition, market demand for new technologies in which we invest may not increase or may decrease over time, limiting our ability to recoup the costs of our investments in such new technologies.
In addition, agreements governing these arrangements contain, in some cases, change of control and similar provisions, which, if triggered under certain circumstances could give other participants in these investments the ability to purchase our interests or enact other penalties. As a result, we are exposed to the risk of unpredictable and adverse government action and severe delays in obtaining necessary approvals from government bodies. In most of the countries in which we operate, there is relatively little experience in enforcing legislation enacted to protect private property against nationalization or expropriation.
In some of the markets in which we operate, we do not carry business interruption insurance to prevent against network disruptions. The Algerian authorities alleged breaches of foreign exchange regulations by OTA and a member of its senior management. Bermuda corporate law does not require that we have a majority of independent directors. Transaction involved a series of transactions, including exchange offers by VimpelCom Ltd. Although we are permitted to challenge in court the decisions of tax inspectorates, there can be no assurance that we will prevail in our litigation with tax inspectorates.
This strategy includes network outsourcing and sharing, centrally led procurement, and a systematic approach to managing working capital and optimizing our capital structure.
All of our operations have extensive capital expenditure programs that require substantial outlays. Table of Contents History and Development. We may fail to develop and offer data services or technologies that are attractive to our existing or future subscribers or for which our existing or future subscribers are not willing or able to pay.
In addition, it may be difficult and prohibitively expensive for us to comply with applicable telecommunications regulations related to state surveillance of communications traffic.
StarHub – Investor Relations
Therefore, we may annuao unable to successfully compete in the future. We also see that a key success factor over the coming few years for any telecommunications operator with a significant mobile business will be to manage pricing of mobile data well and to be able to monetize the growth in mobile data traffic. As a result, we are exposed to higher foreign currency exchange loss risks related to the varying exchange rates of our local currencies against the U. Our reporting structure in is divided into the five following business units, all of which report to our headquarters in Amsterdam: Takilant held a minority interest in our business in Uzbekistan from untiland, in addition, we have worked with Takilant in the past to acquire frequency spectrum in Uzbekistan.
Repprt recognize that in our industry prices of the traditional products and services that we provide are generally falling over annjal, despite price elasticity being significantly below one.
However, we cannot assure you that in the course of future inspections, we will not be found to be in violation of the applicable legislation. In case of significant social unrest in singgtel of the countries which we operate the local authorities may order our subsidiaries to temporarily shut down their entire network. Interconnection is required to complete calls that originate on our respective networks but terminate outside of our respective networks, or that originate from outside our networks and terminate on our respective networks.
Proceeds from debt obligations we have incurred or may incur that are loaned to our subsidiaries, including subsidiaries acquired in the Wind Telecom Transaction, may not be available to us, or repaid when needed, for support of our operations and payment of our debt service obligations.
Our strategic partnerships and relationships to develop our business are accompanied by inherent 201 risks. In addition, continued growth in local, long-distance and international traffic, including that generated by our subscribers, and development in the types of services provided may require substantial investment in public switched telephone networks.
We are not subject to corporate governance requirements under the NYSE rules. In recent years, we have experienced network service interruptions, which occur from time to time during installations of new software.