OKLAHOMA CITY, Aug. 29, 2003 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) announced today its filing on August 28, 2003 of a registration statement on Form S-3 with the Securities and Exchange Commission covering possible re-sales from time to time by certain shareholders of an aggregate of 686,201 shares of Dobson's Series F convertible preferred stock and 44,166,583 shares of Dobson's Class A common stock that were issued in connection with the restructuring of American Cellular Corporation. None of the shares included in the registration statement will be offered by Dobson Communications. The Form S-3 registration statement has not yet become effective, and is subject to review and comment by the Securities and Exchange Commission.
This news release shall not constitute an offer to sell or the solicitation of an offer to purchase any shares of Series F preferred stock or Class A common stock, or any other securities of Dobson Communications Corporation, nor shall there be any sale of such securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Dobson Communications is a leading provider of wireless phone services to rural markets in the United States. Headquartered in Oklahoma City, the Company owns wireless operations in 16 states. For additional information on the Company and its operations, please visit its Web site at www.dobson.net.