The application has access to the following:
Network communication
full Internet access
Allows an application to create network sockets.
view network state
Allows an application to view the state of all networks.
Phone calls
read phone state and identity
Allows the application to access the phone features of the device. An application with this permission can determine the phone number and serial number of this phone, whether a call is active, the number that call is connected to, ect.
Your personal information
read contact data
Allows an application to read all of the contact (address) data stored on your phone. Malicious applications can use this to send your data to other people.
Storage
modify/delete SD card contents
Allows an application to write to the SD card.
System tools
Hardware controls
record audio
Allows application to access the audio record path.
Your location
coarse (network-based) location
Access coarse location sources such as the cellular network database to determine an approximate phone location, where available. Malicious applications can use this to determine approximately where you are.
fine (GPS) location
Access fine location sources such as the Global Positioning System on the phone, where available. Malicious applications can use this to determine where you are, and may consume additional battery power.
app is restricted to USA only, it won't allow installation in the UK.