Alamosa (NASDAQ:APCS)
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From May 2019 to May 2024
Alamosa Holdings, Inc. (Nasdaq/NM: APCS) today released
second quarter customer results including net subscriber additions,
total direct subscribers and average monthly customer churn separately
for Alamosa (stand alone) and for the former AirGate properties and on
a combined basis as follows:
-0-
*T
2Q 2004 Pro-forma 2Q 2005 Actual
Net Customer Additions:
Alamosa (stand alone) 40,000 42,000
AirGate 7,434 7,000
------------ ------------
Subtotal 47,434 49,000
Purchased Subscribers -- 3,000
------------ ------------
Combined 47,434 52,000
============ ============
Total Direct Subscribers:
Alamosa (stand alone) 813,000 1,015,000
AirGate 375,241 432,000
Combined 1,188,241 1,447,000
============ ============
Average Monthly Churn:
Alamosa (stand alone) 2.1% 2.0%
AirGate 2.6% 2.4%
------------ ------------
Combined 2.2% 2.1%
*T
During the quarter Alamosa (stand alone) migrated approximately
3,000 subscribers that were purchased from a rural wireless service
provider in Western Colorado. At June 30, 2005, Alamosa (stand alone)
had approximately 1,015,000 total direct subscribers (including the
purchased subscribers) while the former AirGate properties had
approximately 432,000 total direct subscribers, resulting in total
direct subscribers of approximately 1,447,000 for the Company as a
whole.
"We produced solid customer results during the second quarter,
including lower average monthly customer churn in both properties
while continuing the momentum we experienced in 2004 and the first
quarter of 2005," stated David E. Sharbutt, Chairman & Chief Executive
Officer of Alamosa Holdings, Inc. "Passing the one million customer
mark in the original Alamosa territories is another significant
milestone and a notable achievement given the short history of our
company. As we indicated, growth in the AirGate territories slowed
during the second quarter, due to seasonality and focus on
improvements in our network infrastructure and distribution systems to
support future growth and marketing efforts." Mr. Sharbutt concluded
by stating, "With the first half of 2005 complete, we remain on track
to deliver another year of solid performance and growth for all of
Alamosa's stakeholders."
ABOUT ALAMOSA
Alamosa Holdings, Inc. is the largest (based on number of
subscribers) PCS Affiliate of Sprint (NYSE: FON), which operates the
largest all-digital, all-CDMA Third-Generation (3G) wireless network
in the United States. Alamosa has the exclusive right to provide
digital wireless mobile communications network services under the
Sprint brand name throughout its designated territory located in
Texas, New Mexico, Oklahoma, Arizona, Colorado, Utah, Wisconsin,
Minnesota, Missouri, Washington, Oregon, Arkansas, Kansas, Illinois,
California, Georgia, South Carolina, North Carolina and Tennessee.
Alamosa's territory includes licensed population of 23.2 million
residents, including 15.8 million residents in Alamosa's territories
and 7.4 million residents in the recently acquired AirGate properties.
FORWARD LOOKING STATEMENTS
Statements contained in this news release that are forward-looking
statements, such as statements containing terms such as can, may,
will, expect, plan, and similar terms, are subject to various risks
and uncertainties, including such statements that include, but are not
limited to statements about the benefits of the merger between Alamosa
and AirGate PCS, Inc. 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; 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; difficulties in network construction; 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
Annual Report on Form 10-K for the year ended December 31, 2004 and in
subsequent filings with the Securities and Exchange Commission.
Investors and analysts should not place undue reliance on
forward-looking statements.