The software requires too much Rights

This app has the following permissions:
Your accounts
Search accounts on your device
Add or remove accounts
Location
Exact location (GPS and network-based)
Your messages
Receive SMS
Receive MMS
Read SMS or MMS
Edit SMS or MMS
Send SMS
Network Communications
Retrieving Network Connections
Access to all networks
Retrieve WLAN connections
Connecting and disconnecting wireless connections
Your personal data
Read contact cards
Change your contact cards
Read calendar events plus confidential information
Add without owners' knowledge or modify calendar events and send emails to guests
Phone calls
Reroute outgoing calls
Read phone state and identity retrieve
Directly call phone numbers
Memory
Modify or delete USB storage contents
System tools
Delete all application cache data the app
Test access to protected storage
Information about your apps
Run at Startup
Retrieve running apps
Bookmarks and History
Read bookmarks for web pages and web history
Set bookmarks for web pages and record web history
User interface of other apps
Show other apps
Screen lock
Disable lock screen
Your social information
Read contacts
Modify contacts
Read call log
Edit call list
Developer Tools
Read sensitive log data
Impact on the battery
Disable hibernation

If I so read on my phone through I wonder if one completes me a subscription to the NSA. What does this software do with my social data? What's worse - a virus on the phone, the information taps or a software that not only collects information but total access to everything?