Dobson Communications Again Increases Subscribers and EBITDA in the Third Quarter of 2006


OKLAHOMA CITY, Nov. 6, 2006 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) continued to increase subscribers and EBITDA in the third quarter of 2006, compared with the same period of 2005. Strong performance in the third quarter set the stage for the Company to achieve its 2006 operating goals and to maintain strong growth momentum as it enters 2007, Dobson said.

Dobson reported net income applicable to common shareholders of $25.9 million, or $0.14 per share on a fully diluted basis, for the third quarter ended September 30, 2006. Net income for the quarter included a $7.9 million income tax benefit. (See Table 1.) For the third quarter of 2005, Dobson reported a net loss applicable to common shareholders of $65.9 million, or $0.45 per share, which included a $66.4 million loss on redemption and repurchases of mandatorily redeemable preferred stock.

Third quarter 2006 gross subscriber additions continued to trend favorably. The Company reported 139,500 total gross additions for the third quarter of 2006, an increase of 6.2 percent over the third quarter of 2005. The increase in postpaid customers was even stronger, with Dobson reporting 92,100 postpaid gross additions in the third quarter of 2006, an 8.6 percent increase over postpaid gross additions in the third quarter of 2005. (See Table 3.)

The Company also substantially improved its customer retention results. Postpaid customer churn was 1.95 percent in the third quarter of 2006, compared with 2.82 percent in the third quarter of 2005.

As a result, Dobson increased its subscriber base for the third consecutive quarter. The Company reported 23,500 net subscriber additions for the third quarter of 2006, which included 11,300 postpaid customers, 14,500 prepaid customers, and a reduction of 2,300 reseller customers. Dobson added another 1,400 subscribers through acquisitions in Alaska during the third quarter.

In the third quarter of 2005, Dobson reported a reduction of 24,100 net subscribers, which included a reduction of 34,500 postpaid customers and the addition of 3,300 prepaid and 7,100 reseller subscribers.

The Company reported EBITDA of $124.7 million for the third quarter of 2006, an increase of 4.4 percent over EBITDA of $119.5 million for the third quarter of 2005. Please see Table 3 for the reconciliation of EBITDA to GAAP measures.

"With a third consecutive quarter of positive results this year, Dobson is poised to complete a strong 2006 and to continue growing EBITDA, operating margins and free cash flow in 2007," said Steve Dussek, president and chief executive officer. "Our goal is to continue improving the overall customer experience companywide. We remain focused on growing our subscriber base, revenue, EBITDA and operating margins."

Service Revenue and ARPU Continued to Increase

Third quarter service revenue continued to increase, driven by Dobson's growing subscriber base and continued increases in average revenue per unit (ARPU). Service revenue was $232.3 million for the third quarter of 2006, reflecting ARPU of $49.16. This compared with $221.3 million in service revenue and ARPU of $46.77 for the third quarter of 2005.

Growth in data revenue helped generate higher ARPU and service revenue. Data contributed $4.34 in third quarter ARPU, compared with $2.56 in the third quarter of 2005 and $3.79 in second quarter 2006.

Roaming revenue for the third quarter 2006 was $87.4 million, based on 846 million roaming minutes of use (MOUs) and an average yield of 10.3 cents. This compared with roaming revenue of $80.4 million for the third quarter of 2005, which reflected 669 million roaming MOUs and an average yield of 12.0 cents.

Third quarter 2006 operating expenses were generally in line with the Company's expectations, with increased marketing and selling expense reflecting growth in gross additions and higher retail operating costs, and increased cost of service reflecting the deployment of additional cell sites, the costs of operating acquired properties, and higher incollect roaming costs.

Cost of service for the third quarter of 2006 was $88.8 million, an increase of $10.9 million over cost of service for the third quarter of 2005. Approximately $4.4 million of this increase related primarily to the operating costs of 264 cell sites that the Company has added since October 1, 2005, and the cost of operating another 109 cell sites that were acquired in Texas and Alaska in June and August 2006.

Another $3.7 million in additional cost of service reflected the year-over-year increase in incollect roaming -- the cost incurred when Dobson customers roam off-network. However, the Company noted that the growth rate of incollect MOUs per subscriber is slowing as it completes the transition of its subscriber base from TDMA to GSM calling plans. Incollect MOUs per subscriber were 84 per month in the third quarter of 2006, an increase of 7.7 percent from the second quarter of 2006. From the second to the third quarter of 2005, incollect MOUs per subscriber increased 15.7 percent.

Incollect cost per MOU declined by 1.1 cents, to 5.6 cents in the third quarter of 2006, compared with 6.7 cents in the third quarter last year.

Marketing and selling expense increased on a year-over-year basis primarily in line with higher gross additions and increases in agent commissions, retail rent and other retail operating costs. Cost per gross addition was $434 in the third quarter of 2006, compared with $421 in the same period of 2005.

Dobson reduced general and administrative expense by $3.2 million to $47.5 million for the third quarter of 2006, compared with $50.7 million in the third quarter of 2005. This improvement occurred despite the recognition of $1.8 million related to the expensing of stock options associated with SFAS 123R, which became effective January 1, 2006. Of this total amount, $1.4 million was in general and administrative expense for the third quarter of 2006.

The Company's subscriber base was 1,588,600 subscribers as of September 30, 2006. At September 30, 2006, 86 percent of subscribers and 90 percent of postpaid subscribers were on GSM calling plans.

At the end of the third quarter of 2005, Dobson had 1,565,900 subscribers, with 58 percent of total subscribers and 62 percent of postpaid customers on GSM calling plans.

Capital expenditures were $35.1 million in the third quarter of 2006, of which $24.6 million was reported by Dobson Cellular Systems and $10.5 million by American Cellular Corporation. In total, the Company built 73 cell sites and acquired an additional 6 in new markets during the third quarter of 2006. Consequently, Dobson operated a total of 2,850 cell sites at September 30, 2006.

At September 30, 2006, Dobson's balance sheet included $222.5 million in cash, short-term investments and restricted investments; $2.6 billion in long-term debt; and $135.7 million in preferred stock. (See Table 2.)

Settlement of Shareholder Suit

Dobson also announced that it has reached an agreement in principle to settle the previously disclosed consolidated securities class action pending in the United States District Court for the Western District of Oklahoma. The settlement agreement, which is subject to court approval, would resolve all pending claims against the Company and all named individual defendants and includes all persons who purchased the Company's publicly traded securities between May 6, 2003 and August 9, 2004. The settlement provides for $3.4 million to be paid to settle claims submitted by class members and the plaintiffs' attorneys' fees. A substantial portion of the settlement amount is covered by insurance.

Third Quarter 2006 Conference Call

On Tuesday, November 7, 2006, Dobson plans to conduct its third quarter earnings conference call beginning at 9:00 a.m. CT (10:00 a.m. ET). Along with third quarter results, Dobson may comment on recent operating trends and its outlook. Investors may listen by phone or via web-cast on Dobson's web site at www.dobson.net. Those interested may access the call by dialing:



 Conference call (800) 946-0783
 International   (719) 457-2658
 Pass code       7604378

A replay of the call will be available later in the day via Dobson's web site or by phone.



 Replay          (888) 203-1112 or (719) 457-0820
 Pass code       7604378

The replay will be available by phone for two weeks. For further analysis of quarterly results, please see the Company's quarterly report on Form 10-Q, which Dobson plans to file on or before Nov. 9, 2006.

Dobson Communications is a leading provider of wireless phone services to rural and suburban markets in the United States. Headquartered in Oklahoma City, the Company owns wireless operations in 17 states. For additional information, please visit its web site at www.dobson.net.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements regarding the Company's plans, intentions and expectations. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. These risks include, but are not limited to, increased levels of competition or other factors that might inhibit the growth of its subscriber base; shortages of key network equipment and/or handsets; substantial leverage and debt service requirements; restrictions on the Company's ability to finance its growth; increased operating costs; changes in the Company's roaming agreements that could affect revenue and/or earnings expectations; technology changes; regulatory changes; changes in end-user requirements and preferences; and other factors. A more extensive discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings filed with the Securities and Exchange Commission. Given these concerns, investors and analysts should not place undue reliance on forward-looking statements.



 Table 1

 Dobson Communications Corporation
 Statements of Operations

                       Three Months Ended       Nine Months Ended
                          September 30,             September 30,
                    ------------------------  ------------------------
                        2006         2005         2006         2005
                    -----------  -----------  -----------  -----------
                              ($ in thousands except per share data)
                                          (unaudited)

 Operating Revenue

   Service revenue    $ 232,324    $ 221,311    $ 671,679    $ 643,377
   Roaming revenue       87,365       80,430      213,188      195,009
   Equipment &
    other revenue        16,681       14,078       51,161       46,857
                    -----------  -----------  -----------  -----------
      Total             336,370      315,819      936,028      885,243
                    -----------  -----------  -----------  -----------
 Operating
  Expenses
  (excluding
  depreciation &
  amortization)
   Cost of service
    (exclusive of
    depreciation &
    amortization
    shown
    separately
    below)               88,809       77,950      246,385      219,214
   Cost of
    equipment            33,152       32,156      102,267       96,777
   Marketing &
    selling              42,155       35,535      121,274      105,484
   General &
    administrative       47,527       50,725      141,596      144,844
                    -----------  -----------  -----------  -----------
      Total             211,643      196,366      611,522      566,319
                    -----------  -----------  -----------  -----------
 EBITDA(a)              124,727      119,453      324,506      318,924

   Gain on
    disposition
    of operating
    assets                1,566        1,432        4,823        2,371
   Depreciation &
    amortization        (47,776)     (49,102)    (146,206)    (151,012)
                    -----------  -----------  -----------  -----------
 Operating income        78,517       71,783      183,123      170,283

   Interest
    expense             (57,840)     (62,457)    (172,661)    (184,457)
   Loss from
    extinguishment
    of debt                 --           --       (12,717)         --
   Loss on
    redemption of
    mandatorily
    redeemable
    preferred
    stock                   --       (66,383)      (1,482)     (66,383)
   Dividends on
    mandatorily
    redeemable
    preferred
    stock                   --        (5,464)        (709)     (21,391)
   Other income,
    net                   1,810        2,633        5,345        2,611
   Minority
    interests in
    income of
    subsidiaries         (2,447)      (2,347)      (6,980)      (6,823)
                    -----------  -----------  -----------  -----------
 Income (loss)
  before income
  taxes                 20,040       (62,235)      (6,081)    (106,160)
   Income tax
    benefit
    (expense)            7,939        (1,196)      17,120        9,443
                    -----------  -----------  -----------  -----------
 Net income (loss)       27,979      (63,431)      11,039      (96,717)
   Dividends on
    preferred
    stock                (2,036)      (2,419)      (6,785)      (6,708)
                    -----------  -----------  -----------  -----------
 Net income (loss)
  applicable to
  common
  stockholders      $    25,943  $   (65,850) $     4,254  $  (103,425)
                    ===========  ===========  ===========  ===========
 Basic net income
  (loss)
  applicable to
  common
  stockholders per
  common share      $      0.15  $     (0.45) $      0.03  $     (0.75)
                    ===========  ===========  ===========  ===========
 Basic weighted
  average common
  shares
  outstanding       170,482,730  146,485,519  169,996,467  138,173,375
                    ===========  ===========  ===========  ===========
 Diluted net
  income (loss)
  applicable to
  common
  stockholders per
  common share      $      0.14  $     (0.45) $      0.02  $     (0.75)
                    ===========  ===========  ===========  ===========
 Diluted weighted
  average common
  shares
  outstanding(b)    203,456,163  146,485,519  173,393,296  138,173,375
                    ===========  ===========  ===========  ===========

 (a) EBITDA is defined as income (loss) from continuing operations
     before depreciation and amortization, gain on disposition of
     operating assets, interest expense, loss from extinguishment of 
     debt, loss on redemption of mandatorily redeemable preferred stock, 
     dividends on mandatorily redeemable preferred stock, other income, 
     net, minority interest in income of subsidiaries and income tax 
     benefit (expense). We believe that EBITDA provides meaningful 
     additional information concerning a company's operating results and 
     its ability to service its long-term debt and other fixed obligations 
     and to fund its continued growth. Many financial analysts consider
     EBITDA to be a meaningful indicator of an entity's ability to
     meet its future financial obligations, and they consider growth
     in EBITDA to be an indicator of future profitability, especially
     in a capital intensive industry such as wireless communications.
     You should not construe EBITDA as an alternative to net loss as
     determined in accordance with GAAP, as an alternative to cash
     flows from operating activities as determined in accordance with
     GAAP or a measure of liquidity. Because EBITDA is not calculated
     in the same manner by all companies, it may not be comparable to
     other similarly titled measures of other companies.

 (b) For the three months ended September 30, 2006, dilutive shares
     include potentially dilutive shares from option grants, our
     Series F convertible preferred stock and our convertible debt.
     For the nine months ended September 30, 2006, dilutive shares
     include potentially dilutive shares from option grants. Both our
     series F convertible preferred stock and our convertible debt
     were anti-dilutive for the nine month period ending September 30,
     2006.


 Table 2

 Dobson Communications Corporation
 Selected Balance Sheet and Statistical Data

 Balance Sheet Data:                      September 30,    December 31,
                                              2006             2005
                                          -------------    -----------
                                        ($ in millions) ($ in millions)
                                           (unaudited)
 Cash and cash equivalents
  (unrestricted)(a)(b)                       $   212.8       $   196.5
 Restricted investments                      $     4.4       $     4.5
 Short-term investments                      $     5.3       $     --

 Debt:
   DCC Senior Floating Rate Notes            $   150.0       $   150.0
   DCC Senior Convertible Debentures             160.0           160.0
   DCS 8.375% Senior Notes                       511.7           250.0
   DCS 9.875% Senior Notes                       325.0           325.0
   DCS Floating Rate Senior Notes                 15.6           250.0
   DCC 8.875% Senior Notes                       419.7           419.7
   ACC Credit Facility                           100.0             --
   ACC 9.5% Senior Notes, net                     15.5            14.8
   ACC 10.0% Senior Notes                        900.0           900.0
                                             ---------       ---------
       Total debt                            $ 2,597.5       $ 2,469.5
                                             =========       =========

  Preferred Stock:
   Senior Exchangeable Preferred Stock,
    12.25%, net (c)                                --              5.1
   Senior Exchangeable Preferred Stock,
    13.00%, net (d)                                --             27.7
   Series F Preferred Stock                      135.7           135.7
                                             ---------       ---------
       Total preferred stock                   $ 135.7         $ 168.5
                                             =========       =========


                                               Nine Months Ended
                                                  September 30,
                                        ------------------------------
                                             2006             2005
                                        --------------  --------------
                                        ($ in millions) ($ in millions)
 Capital Expenditures:                         $ 116.5         $ 113.2
                                        ==============  ==============

 (a) Includes $114.1 million and $76.6 million of cash and cash
     equivalents from American Cellular at September 30, 2006 and
     December 31, 2005, respectively.
 (b) At September 30, 2006, this balance included $95 million that was
     used to purchase Highland Cellular on October 5, 2006.
 (c) Net of discount of $(0.1) million at December 31, 2005.
 (d) Net of deferred financing costs of $(0.1) million at December 31,
     2005.


 Table 3

 Dobson Communications Corporation

                                 For the Quarter Ended
                 9/30/2006  6/30/2006  3/31/2006  12/31/2005  9/30/2005
                 ---------  ---------  ---------  ---------  ---------
                      ($ in thousands except per subscriber data)
                                      (unaudited)
 Operating
  Revenue
 Service revenue $ 232,324  $ 223,260  $ 216,095  $ 215,008  $ 221,311
 Roaming revenue    87,365     71,043     54,780     63,398     80,430
 Equipment and
  other revenue     16,681     17,756     16,724     15,813     14,078
                 ---------  ---------  ---------  ---------  ---------
    Total          336,370    312,059    287,599    294,219    315,819
                 ---------  ---------  ---------  ---------  ---------

 Operating Expenses
  (excluding depre-
   ciation and
   amortization)
 Cost of service    88,809     81,503     76,073     77,380     77,950
 Cost of equipment  33,152     36,545     32,570     33,334     32,156
 Marketing and
  selling           42,155     39,996     39,123     35,769     35,535
 General and
  administrative    47,527     46,744     47,325     52,052     50,725
                  --------  ---------  ---------  ---------  ---------
        Total      211,643    204,788    195,091    198,535    196,366
                  --------  ---------  ---------  ---------  ---------

 EBITDA(a)(b)     $124,727  $ 107,271  $  92,508  $  95,684  $ 119,453
                  ========  =========  =========  =========  =========

 Pops           12,052,700 12,039,200 11,854,000 11,854,000 11,854,000

 Post-paid
  Gross Adds        92,100     89,600     84,800     80,400     84,800
  Net Adds          11,300     13,800         --    (28,000)   (34,500)
  Subscribers    1,390,800  1,378,900  1,364,700  1,364,700  1,392,700
  Churn               1.95%      1.84%      2.08%      2.62%      2.82%

 Pre-paid
  Gross Adds        33,300     23,900     22,000     19,000     21,600
  Net Adds          14,500      7,700      6,300        300      3,300
  Subscribers       88,500     73,200     65,400     59,100     58,800

 Reseller
  Gross Adds        14,100     14,400     18,500     23,200     25,000
  Net Adds          (2,300)    (4,200)    (3,800)     5,200      7,100
  Subscribers      109,300    111,600    115,800    119,600    114,400

 Total
  Gross Adds       139,500    127,900    125,300    122,600    131,400
  Net Adds          23,500     17,300      2,500    (22,500)   (24,100)
  Subscribers    1,588,600  1,563,700  1,545,900  1,543,400  1,565,900
  ARPU           $   49.16  $   47.89  $   46.76  $   46.10  $   46.77
  Penetration         13.2%      13.0%      13.0%      13.0%      13.2%

 (a) Includes $2.7 million, $2.5 million, $2.6 million, $3.3 million
     and $2.7 million of EBITDA for the quarters ended September 30,
     2006, June 30, 2006, March 31, 2006, December 31, 2005 and
     September 30, 2005, respectively, related to minority interests.

 (b) A reconciliation of EBITDA to net income (loss) as determined in
     accordance with generally accepted accounting principles is as
     follows:

 Net income
  (loss)         $  27,979  $  (6,043) $ (10,897) $ (24,893) $ (63,431)
 Add back non-
  EBITDA items
  included in net
  income (loss):
 Depreciation and
  amortization     (47,776)   (48,155)   (50,275)   (51,383)   (49,102)
 Gain on disposi-
  tion of operating
  assets             1,566      1,593      1,664      1,483      1,432
 Interest expense  (57,840)   (57,414)   (57,407)   (58,545)   (62,457)
 Loss on redemp-
  tion of
  mandatorily re-
  deemable pre-
  ferred stock          --        (37)    (1,445)    (4,457)   (66,383)
 Dividends on
  mandatorily
  redeemable
  preferred stock       --         --       (709)    (1,161)    (5,464)
 Other income, net   1,810      1,636      1,842      1,966      2,633
 Loss from ex-
  tinguishment of
  debt                  --    (12,660)        --    (21,698)        --
 Minority interests
  in income of
  subsidiaries      (2,447)    (2,169)    (2,364)    (2,932)    (2,347)
 Income tax
  benefit
  (expense)          7,939      3,892      5,289     16,150     (1,196)
                 ---------  ---------  ---------  ---------  ---------
   EBITDA        $ 124,727  $ 107,271  $  92,508  $  95,684  $ 119,453
                 =========  =========  =========  =========  =========

 Table 4

 Dobson Cellular Systems

                               For the Quarter Ended
                 9/30/2006  6/30/2006  3/31/2006  12/31/2005 9/30/2005
                 ---------  ---------  ---------  ---------  ---------
                      ($ in thousands except per subscriber data)
 Operating Revenue                    (unaudited)
  Service
   revenue       $ 140,711  $ 133,739  $ 128,622  $ 125,069  $ 128,599
  Roaming revenue   47,869     41,548     31,797     38,532     45,771
  Equipment and
   other revenue    14,701     15,277     14,478     13,271     12,295
                 ---------  ---------  ---------  ---------  ---------
    Total          203,281    190,564    174,897    176,872    186,665
                 ---------  ---------  ---------  ---------  ---------
 Operating Expenses
 (excluding de-
  preciation and
  amortization)
   Cost of service  55,018     52,478     48,206     48,312     48,376
   Cost of
    equipment       20,676     22,613     20,356     20,102     18,708
   Marketing and
    selling         25,007     24,311     23,083     20,770     20,531
   General and
    administrative  27,919     27,319     27,739     30,684     30,137
                 ---------  ---------  ---------  ---------  ---------
     Total         128,620    126,721    119,384    119,868    117,752
                 ---------  ---------  ---------  ---------  ---------
 EBITDA(a)(b)    $  74,661  $  63,843  $  55,513  $  57,004  $  68,913
                 =========  =========  =========  =========  =========

 Pops            6,724,700  6,711,200  6,687,500  6,687,500  6,687,500

 Post-paid
  Gross Adds        58,200     56,100     51,900     48,400     50,800
  Net Adds          11,700     11,500      3,300    (13,000)   (15,700)
  Subscribers      797,600    785,300    773,800    770,500    783,500
  Churn               1.96%      1.91%      2.10%      2.63%      2.80%

 Pre-paid
  Gross Adds        21,100     16,100     13,900     13,000     14,600
  Net Adds           9,200      5,100      3,000         --      1,700
  Subscribers       58,000     48,000     42,900     39,900     39,900

 Reseller
  Gross Adds         9,400      9,300     11,200     11,100     11,400
  Net Adds           1,300        600        700      3,000      3,800
  Subscribers       65,900     64,600     64,000     63,300     60,300

 Total
  Gross Adds        88,700     81,500     77,000     72,500     76,800
  Net Adds          22,200     17,200      7,000    (10,000)   (10,200)
  Subscribers      921,500    897,900    880,700    873,700    883,700
  ARPU           $   51.59  $   50.15  $   49.01  $   47.44  $   48.23
  Penetration         13.7%      13.4%      13.2%      13.1%      13.2%

 (a) Includes $2.7 million, $2.5 million, $2.6 million, $3.3 million
     and $2.7 million of EBITDA for the quarters ended September 30,
     2006, June 30, 2006, March 31,2006, December 31, 2005 and
     September 30,2005, respectively, related to minority interests.

 (b) A reconciliation of EBITDA to net income (loss) as determined in
     accordance with generally accepted accounting principles is as
     follows:

 Net income
  (loss)         $  10,851  $  (9,303) $  (7,035) $  (7,625) $   3,900
 Add back non-
  EBITDA items
  included in net
  income (loss):
 Depreciation and
  amortization     (28,389)   (28,164)   (28,778)   (28,874)   (28,744)
 Gain on disposi-
  tion of operating
  assets               850        857        915        802        783
 Interest expense  (38,232)   (38,562)   (38,434)   (38,559)   (38,198)
 Loss from ex-
  tinguishment of
  debt                  --    (12,549)        --         --         --
 Other income, net   2,030      1,761      1,840      1,408      2,132
 Minority interests
  in income of
  subsidiaries      (2,447)    (2,169)    (2,364)    (2,932)    (2,347)
 Income tax
  benefit            2,378      5,680      4,273      3,526      1,361
                 ---------  ---------  ---------  ---------  ---------
  EBITDA         $  74,661  $  63,843  $  55,513  $  57,004  $  68,913
                 =========  =========  =========  =========  =========

 Table 5

 American Cellular Corporation

                                For the Quarter Ended
                 9/30/2006  6/30/2006  3/31/2006  12/31/2005 9/30/2005
                 ---------  ---------  ---------  ---------  ---------
                     ($ in thousands except per subscriber data)
                                      (unaudited)
 Operating Revenue
  Service
   revenue       $  91,613  $  89,521  $  87,473  $  89,939  $  92,712
  Roaming revenue   39,496     29,495     22,983     24,866     34,659
  Equipment and
   other revenue     5,583      6,080      5,848      5,554      4,794
                 ---------  ---------  ---------  ---------  ---------
    Total          136,692    125,096    116,304    120,359    132,165
                 ---------  ---------  ---------  ---------  ---------
 Operating Expenses
 (excluding de-
  preciation and
  amortization)
   Cost of service  35,648     30,881     29,723     30,366     30,872
   Cost of
    equipment       12,476     13,932     12,214     13,232     13,448
   Marketing and
    selling         17,198     15,786     16,276     14,999     15,004
   General and
    administrative  21,344     21,165     21,327     23,077     22,296
                 ---------  ---------  ---------  ---------  ---------
     Total          86,666     81,764     79,540     81,674     81,620
                 ---------  ---------  ---------  ---------  ---------
 EBITDA(a)       $  50,026  $  43,332  $  36,764  $  38,685  $  50,545
                 =========  =========  =========  =========  =========

 Pops            5,328,000  5,328,000  5,166,500  5,166,500  5,166,500

 Post-paid
  Gross Adds        33,900     33,500     32,900     32,000     34,000
  Net Adds            (400)     2,300     (3,300)   (15,000)   (18,800)
  Subscribers      593,200    593,600    590,900    594,200    609,200
  Churn               1.93%      1.76%      2.04%      2.60%      2.85%

 Pre-paid
  Gross Adds        12,200      7,800      8,100      6,000      7,000
  Net Adds           5,300      2,600      3,300        300      1,600
  Subscribers       30,500     25,200     22,500     19,200     18,900

 Reseller
  Gross Adds         4,700      5,100      7,300     12,100     13,600
  Net Adds          (3,600)    (4,800)    (4,500)     2,200      3,300
  Subscribers       43,400     47,000     51,800     56,300     54,100

 Total
  Gross Adds        50,800     46,400     48,300     50,100     54,600
  Net Adds           1,300        100     (4,500)   (12,500)   (13,900)
  Subscribers      667,100    665,800    665,200    669,700    682,200
  ARPU           $   45.85  $   44.88  $   43.80  $   44.35  $   44.88
  Penetration         12.5%      12.5%      12.9%      13.0%      13.2%

 (a) A reconciliation of EBITDA to net income (loss) as determined in
     accordance with generally accepted accounting principles is as
     follows:

 Net income
  (loss)         $   4,483  $    (100) $  (4,969) $  (4,434) $   4,555
 Add back non-
  EBITDA items
  included in net
  income (loss):
 Depreciation and
  amortization     (19,343)   (19,948)   (21,454)   (22,509)   (20,358)
 Gain on disposi-
  tion of operating
  assets               716        736        749        681        649
 Interest expense  (24,540)   (23,779)   (23,785)   (23,782)   (23,782)
 Other expense,
  net                 (592)      (483)      (258)      (227)      (400)
 Income tax
  (expense)
  benefit           (1,784)        42      3,015      2,718     (2,099)
                 ---------  ---------  ---------  ---------  ---------
  EBITDA         $  50,026  $  43,332  $  36,764  $  38,685  $  50,545
                 =========  =========  =========  =========  =========


            

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