Alamosa PCS, a Sprint PCS Network Partner, Launches Two New Texas Markets
LUBBOCK, Texas--(BUSINESS WIRE)--April 19, 2000--Alamosa PCS Holdings Inc. (Nasdaq:APCS), The 1999 Sprint PCS Affiliate of the Year, today announced the launch of advanced Sprint PCS (NYSE:PCS), or Personal Communications Services, in additional markets located in Eagle Pass and Del Rio, Texas. As a Sprint PCS Network Partner, Alamosa offers Sprint PCS all-digital, all-PCS nationwide wireless service and products to this area for the first time. No other carrier in the area offers digital technology on a nationwide network.
"We are excited to announce that Alamosa is now offering Sprint PCS Service in the Eagle Pass and Del Rio regions of Texas, part of our Border Region between Texas and Mexico that currently includes Laredo and El Paso," commented David E. Sharbutt, chairman and chief executive officer of Alamosa PCS. "Because the tourist traffic generated from neighboring Mexico in Eagle Pass and Del Rio is quite extensive, we believe network usage along the border should greatly exceed our initial expectations. Additionally, we will also receive additional revenue from Sprint PCS and from other wireless carriers with whom Sprint PCS has roaming agreements.
"As we continue to enter new markets, we immediately benefit from the brand identity, exceptional clarity and superior customer service that are synonymous with Sprint PCS, the nation's fastest growing wireless provider. With this competitive advantage and our proven ability to execute, we believe that Alamosa is well positioned to earn a significant share of the rapidly growing market for wireless communications service in our licensed territories," concluded Mr. Sharbutt.
Alamosa PCS Holdings Inc., The 1999 Sprint PCS Affiliate of the Year, is a Sprint PCS Network Partner providing Sprint PCS wireless personal communication services in the southwestern and midwestern United States. Alamosa PCS has the exclusive right to provide digital wireless personal communication services under the Sprint PCS Brand throughout its designated territory primarily located in Texas, New Mexico, Arizona, Colorado and Wisconsin. With a territory that includes a licensed population of approximately 8.4 million residents, Alamosa PCS is one of the nation's largest Sprint PCS Network Partners based on the size of the population in its territory.
Sprint PCS operates the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint PCS has licensed PCS coverage of nearly 270 million people in all 50 states, Puerto Rico and the U.S. Virgin Islands. For more information, visit the Sprint PCS Web site at sprintpcs.com. Sprint PCS is a wholly-owned tracking group of Sprint Corporation trading on the NYSE under the symbol "PCS."
Sprint is a global communications company at the forefront of integrating long-distance, local and wireless communications services, and one of the largest carriers of Internet traffic. Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and is a leader in advanced data communications services. Sprint has $20 billion in annual revenues and serves more than 20 million business and residential customers.
Statements contained in this news release that are forward-looking statements are subject to various risks and uncertainties. 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 PCS; 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; 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 Prospectuses filed on Feb. 4, 2000, its Form 10-K for the year ended Dec. 31, 1999 and in subsequent filings with the Securities and Exchange Commission. |
