14.04.2005 18:44:00
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Alamosa PCS Hits Milestone With Opening of 100th Sprint Branded Exclus
Business Editors
LUBBOCK, Texas--(BUSINESS WIRE)--April 14, 2005--Alamosa Holdings, Inc. (Nasdaq/NM: APCS) today announced another major milestone with the opening of its 100th Sprint branded exclusive dealer location. The century mark was reached with the launch of the newest location in Coos Bay, Oregon on March 29, 2005. Coupled with the recent acquisition of another Sprint affiliate, AirGate PCS on February 15, 2005, Alamosa PCS now has 106 company managed retail stores and 100 exclusive branded dealer locations, totaling over 206 exclusive doors across the country.
"We are excited that our reputation and size is helping us grow partnerships in all of our territories," said David E. Sharbutt, Chairman & Chief Executive Officer of Alamosa Holdings, Inc. "The recent rate of growth in our exclusive Sprint branded distribution channels is an affirmation that we have the capabilities, infrastructure and stability to best serve our business partners and local consumers."
ABOUT ALAMOSA
Alamosa Holdings, Inc. is the largest PCS Affiliate (based on number of subscribers) of Sprint (NYSE: FON), which operates the largest all-digital, all-CDMA Third-Generation (3G) wireless network in the United States. Alamosa has the exclusive right to provide digital wireless mobile communications network services under the Sprint brand name throughout its designated territory located in Texas, New Mexico, Oklahoma, Arizona, Colorado, Utah, Wisconsin, Minnesota, Missouri, Washington, Oregon, Arkansas, Kansas, Illinois, California, Georgia, South Carolina, North Carolina and Tennessee. Alamosa's territory includes licensed population of 23.2 million residents, including 15.8 million residents in Alamosa's territories and 7.4 million residents in the recently acquired AirGate territories.
FORWARD LOOKING STATEMENTS
Statements contained in this news release that are forward-looking statements, such as statements containing terms such as can, may, will, expect, plan, and similar terms, are subject to various risks and uncertainties, including such statements that include, but are not limited to statements about the benefits of the merger between Alamosa and AirGate PCS, Inc. Such forward-looking statements are made pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Alamosa's forward-looking statements, including the following factors: Alamosa's dependence on its affiliation with Sprint; shifts in populations or network focus; changes or advances in technology; changes in Sprint's national service plans or fee structure with us; change in population; difficulties in network construction; increased competition in our markets and adverse changes in financial position, condition or results of operations. For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from Alamosa's forward-looking statements, please refer to Alamosa's filings with the Securities and Exchange Commission, especially in the "risk factors" sections of Alamosa's Annual Report on Form 10-K for the year ended December 31, 2004 and in subsequent filings with the Securities and Exchange Commission. Investors and analysts should not place undue reliance on forward-looking statements.
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CONTACT: Alamosa Holdings, Inc. Investor Relations: Jon D. Drake, 806-722-1455 jdrake@alamosapcs.com or Marketing/Media Relations: Kurt Kiser, 806-722-1135 kkiser@alamosapcs.com
KEYWORD: TEXAS OREGON INDUSTRY KEYWORD: HARDWARE RETAIL TELECOMMUNICATIONS INTERNET E-COMMERCE PRODUCT SOURCE: Alamosa Holdings, Inc.
Copyright Business Wire 2005
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