The application has access to the following:
Network communication
full Internet access
Allows an application to create network sockets.
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.
Storage
modify/delete SD card contents
Allows an application to write to the SD card.
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.
Other
android.permission.READ_EXTERNAL_STORAGE
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