Alamosa Releases Third Quarter Customer Results

Reaches Another Network Milestone with Completion of 3,000th Cell Site

   Alamosa Holdings, Inc. (Nasdaq/NM: APCS) today released third
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. The
Company also announced that during the quarter it completed its
3,000th cell site in its territory adding additional coverage along
the I-10 corridor near Ozona, TX. The company ended the quarter with a
total of 3,028 total cell sites. Alamosa operates 1,074 additional
carriers for a total of 4,102 CDMA carriers.
   Quarterly customer results for each company and on a combined
basis are as follows:
-0-
*T
                                   2Q 2005 Actual       3Q 2005 Actual
 Net Customer Additions:
   Alamosa (stand alone)                 45,000               28,000
   AirGate                                7,000                5,000
                             -----------------------------------------
 Combined                                52,000               33,000
                             =========================================
Total Direct Subscribers
   Alamosa (stand alone)              1,015,000            1,043,000
   Airgate                              432,000              437,000
   Combined                           1,447,000            1,480,000
                             =========================================
Average Monthly Customer
 Churn:
   Alamosa (stand alone)                    2.0%                 2.3%
   AirGate                                  2.4%                 2.9%
                             -----------------------------------------
   Combined                                 2.1%                 2.5%
----------------------------------------------------------------------
*T

   "We are pleased with the subscriber results for the third quarter,
especially considering the effects of external factors on our
business," stated David E. Sharbutt, Chairman & Chief Executive
Officer of Alamosa Holdings, Inc. "The quarter was challenging due to
lower consumer confidence due to higher energy prices and the local
and national impacts of Hurricane season along with competitive
positioning in the wireless sector in advance of the merger and launch
of the new brand by Sprint Nextel during August and September." Mr.
Sharbutt concluded, "As evidenced by our completion of our 3,000th
cell site, we remain focused on the execution of our business plan and
our goal to create a best in class network for our customers, both of
which we believe will deliver increased value for all of Alamosa's
stakeholders."

   ABOUT ALAMOSA

   Alamosa Holdings, Inc. is the largest Sprint PCS Affiliate of
Sprint Nextel (NYSE: S), 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 Nextel brand name
throughout its designated territory located in Texas, New Mexico,
Oklahoma, Arizona, Colorado, Utah, Wisconsin, Minnesota, Missouri,
Washington, Oregon, Arkansas, Kansas, Illinois, California, and
subsequent to year end in Georgia, South Carolina, North Carolina and
Tennessee which includes licensed population of 23.2 million
residents.

   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. 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 Nextel;
shifts in populations or network focus; changes or advances in
technology; changes in Sprint Nextel'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.