AirGate PCS, Inc. Announces Network Open for Sprint PCS Coverage Between Atlanta and Augusta, Georgia.Business Editors ATLANTA--(BUSINESS WIRE)--March 30, 2000 AirGate PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. , Inc., (Nasdaq/NM:PCSA PCSA Primary Care Service Area PCSA Personal Computing Systems Architecture PCSA Power Crane and Shovel Association PCSA Peel Committee on Sexual Assault (Canada) PCSA Presbyterian Church of Southern Africa ), a Sprint PCS (NYSE NYSE See: New York Stock Exchange : PCS) Network Partner, announced today that the Sprint PCS nationwide, all-digital wireless, network along portions of the Interstate 20 corridor between the cities of Atlanta and Augusta, Georgia, as well as the metropolitan Augusta area, is now open for Sprint PCS coverage. AirGate will receive revenue from Sprint PCS on behalf of their customers who use that portion of the Sprint PCS nationwide network managed by AirGate, while traveling along this busy stretch of interstate highway. In addition, the Company will receive roaming revenue from other wireless carriers with whom Sprint PCS has roaming agreements. AirGate and Sprint PCS settle the exchange of revenue under their management agreement. There are no additional charges for Sprint PCS customers who have selected one of the national Sprint PCS Free & Clear Plans that features free long distance calling from a Sprint PCS Phone and no roaming charges anywhere on the Sprint PCS nationwide, wireless network. "As promised, we are very pleased to announce that the I-20 corridor and the city of Augusta are now open for Sprint PCS coverage prior to the start of the popular Masters Golf Tournament," commented Thomas M. Dougherty, president and chief executive officer of AirGate PCS. "With hundreds of thousands of professional golf fans traveling to and from Augusta during the first week of April, AirGate PCS will immediately have an opportunity to capture a significant amount of revenue from wireless customers traveling onto the Sprint PCS network by providing clear wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. on this busy interstate highway. While visitors will enjoy Sprint PCS coverage during the Masters, we expect to discontinue the availability of coverage in the week following the tournament as we continue to prepare our network for the scheduled commercial launch of PCS service in Augusta." "In addition, as we continue to rapidly expand our market coverage, we have a significant opportunity to capture a higher percentage of revenue with our close proximity to other operational Sprint PCS markets and the large number of vacation destinations in our territory. Over 36 million vehicle miles are traveled daily on the 1,320 interstate miles in our territory. Furthermore, as we enter the busy summer tourist season Tourist Season is a novel written in 1986 by Carl Hiaasen. It is set in and around Miami, Florida. Bookjacket tagline The only trace of the first victim was his Shriner's fez washed up on the Miami beach. for the popular beach areas included in AirGate's market area, we see even greater opportunity to benefit from attractive traffic patterns for wireless usage." AirGate PCS, Inc. is the exclusive manager and operator of Sprint PCS Products and Services throughout most of the state of South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , including Charleston, Columbia and Greenville-Spartanburg, parts of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , including Asheville, Wilmington and Hickory, and the eastern Georgia cities of Augusta and Savannah Savannah, city, United States Savannah, city (1990 pop. 137,560), seat of Chatham co., SE Ga., a port of entry on the Savannah River near its mouth; inc. 1789. . With a territory that includes more than 6.8 million POPs covering 62,000 contiguous square miles, AirGate PCS is one of the largest Sprint PCS Network Partners based on the size of the population in its territory. As a Sprint PCS Network Partner, AirGate PCS is building its own PCS network to exclusively provide 100 percent digital, 100 percent PCS products and services under the Sprint PCS brand names in its territory. Sprint PCS operates the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , 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 Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the U.S. Virgin Islands. For more information, visit the Sprint PCS web site at http://www.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 Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. at the forefront of integrating long-distance, local and wireless communications services, and one of the largest carriers of Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. . Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and is a leader in advanced data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. services. Sprint has $20 billion in annual revenues and serves more than 20 million business and residential customers. Statements contained in this news release regarding expected financial results and other planned events are forward-looking statements that involve risk and uncertainties. Actual future events or results may differ materially from these statements. Readers are referred to the documents filed by AirGate PCS, Inc. with the Securities and Exchange Commission, specifically the most recent filings which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, risks related to future growth and rapid expansion, volatility of stock prices, and risks related to the year 2000. These and other applicable risks are summarized under the caption "risk factors" in the Company's Registration Statement on Form S-1 (Registration No. 333-79189-01), as declared effective by the Securities and Exchange Commission on September 27, 1999. |
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