AirGate PCS, Inc. Announces Public Offering of Common Stock.Business Editors ATLANTA--(BUSINESS WIRE)--Dec. 4, 2001 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 Network Partner serving parts of the Southeast and Midwest, announced today it has commenced a public offering of four million shares of its common stock by certain former stockholders of iPCS, Inc., which became a wholly-owned subsidiary of AirGate PCS in a merger effective November 30, 2001. In addition, AirGate has granted the underwriters an option to purchase from AirGate up to an additional 600,000 shares of common stock to cover over-allotments, if any. The offering is being made under an effective shelf registration statement. Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. and Lehman Brothers are the joint book-running managers for the offering. UBS Warburg LLC is the co-lead manager, with William Blair & Company, Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. LLC and TD Securities serving as co-managers. When available, copies of the preliminary prospectus relating to the offering may be obtained from the offices of Credit Suisse First Boston, Eleven Madison Avenue, New York, New York 10010 or from the offices of Lehman Brothers, Prospectus Fulfillment c/o ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Financial Services, 55 Mercedes Way, Edgewood, New Jersey 11717. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state. About AirGate PCS AirGate PCS, Inc. and its subsidiaries are the Sprint PCS Network Partners with the exclusive right to sell Sprint PCS products and services in territories within seven states located in the southeastern and midwestern United States. The territories include over 14.5 million residents in key markets such as Grand Rapids, Michigan “Grand Rapids” redirects here. For other uses, see Grand Rapids (disambiguation). Grand Rapids is a city in the U.S. state of Michigan. As of the 2000 census, the city population was 197,800. ; Greenville-Spartanburg, Charleston, and Columbia, South Carolina Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819[1]. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County. ; Savannah and Augusta, Georgia; Champaign-Urbana and Springfield, Illinois; and the Quad Cities. AirGate PCS is the largest Sprint PCS Network Partner based on the covered population in its territories. As a Sprint PCS Network Partner, AirGate PCS operates its own local PCS networks to exclusively provide 100% digital, 100% PCS products and services under the Sprint and Sprint PCS brand names in its territories. |
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