SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: May 15, 1997
UIH Australia/Pacific, Inc.
(Exact Name of Registrant as Specified in Charter)
Colorado 333-05017 84-1341958
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification #)
incorporation)
4643 South Ulster Street, Suite 1300, Denver, CO 80237
(Address of Principal Executive Office)
(303) 770-4001
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
CAUTIONARY STATEMENT PURSUANT TO SAFE HARBOR PROVISIONS
OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
In periodic reports filed with the Securities and Exchange Commission,
press releases and other written and oral disseminations from time to time, UIH
Australia/Pacific, Inc. (the "Company") sometimes makes "forward-looking
statements" within the meaning of the federal securities laws. These
forward-looking statements include, among others, statements concerning the
Company's outlook for the future and information about its future plans, such as
plans with respect to acquisitions, dispositions and strategic alliances; the
Company's expectations as to subscriber and revenue growth, rates of subscriber
penetration, schedules of system acquisition and buildout and targeted goals for
return on investment capital; the Company's plans and expectations as to funding
of capital expenditures and operations; and other statements of expectations,
beliefs, future plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. Such
forward-looking statements are subject to risks and uncertainties that could
cause actual results to differ materially from those expressed in or implied by
such statements. Many of these risks and uncertainties have been discussed in
the Company's prior filings with the Securities and Exchange Commission.
The Company's strategy is to continue the development of its existing
multi-channel television operating systems and related operations, including
increasing subscriber penetration in currently served areas as well as building
out systems in certain currently unserved regions in the respective operating or
franchise areas. The most important factors that could prevent the Company from
achieving these goals, and cause actual results to differ materially from those
expressed in the forward-looking statements, include, but are not limited to,
the following:
* Changes in television viewing preferences and habits by
subscribers and potential subscribers as well as their
acceptance of new technology and programming alternatives.
* As the Company operates in a capital-intensive industry, the
inability to secure adequate capital to fund system growth and
development.
* The inability of the Company and its operating companies to
generate sufficient cash flow to support their respective debt
service obligations.
* Risks inherent in investment and operations in foreign
countries, including loss of revenue, property and equipment
from expropriation, nationalization, other political risks and
risks of increases in taxes and government fees.
* Risks inherent in construction, including delays and cost
overruns.
* The inability to secure experienced local and expatriate
employees to manage the Company's operations.
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* Availability of programming for distribution through the
Company's operating systems.
* Changes in government regulation.
These and other risks and uncertainties affecting the Company are
discussed in greater detail in other filings by the Company with the Securities
and Exchange Commission, including the Company's registration statement on Form
S-4 (File No. 333-05017) that became effective on August 12, 1996.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf of the
undersigned thereunto duly authorized.
UIH AUSTRALIA/PACIFIC, INC.
DATE: May 15, 1997 By: /s/ Valerie L. Cover
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Valerie L. Cover
Controller
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