Alamosa Posts Strong First Quarter Net Subscriber Additions and Lower Churn

Apr 10, 2001, 01:00 ET from Alamosa Holdings, Inc.

    LUBBOCK, Texas, April 10 /PRNewswire/ --
 Alamosa Holdings, Inc. (Nasdaq: APCS), the largest Sprint PCS (NYSE:   PCS)
 Network Partner with 15.4 million POPs, today announced first quarter net
 subscriber additions of 55,353, including 10,337 net subscriber additions from
 recently acquired Southwest PCS.  Alamosa's subscribers at March 31, 2001
 totaled 261,345, including 50,202 from recently acquired Southwest PCS.  The
 combined first quarter churn rate was approximately 2.6 percent, which
 represents a decrease from the fourth quarter rate of 2.9 percent.
     "We are very pleased with our first quarter net subscriber additions and
 our declining churn," stated David E. Sharbutt, chief executive officer of
 Alamosa Holdings, Inc.  "We continue to experience excellent incremental
 penetration with combined subscribers of 261,345 as of March 31, 2001, a
 penetration of 2.8 percent.  We now have territories in twelve states and
 cover 9.4 million POPs."
 
     OUTLOOK
     For the full year of 2001, Alamosa expects net subscriber additions of
 220,000 to 260,000 with year-end covered POPs of approximately 10.9 million.
 Churn is expected in the range of 2.5 to 3 percent for the full year of 2001.
     Alamosa Holdings, Inc. is the largest Sprint PCS Network Partner providing
 Sprint PCS wireless personal communication services in twelve states in the
 United States.  Alamosa has the exclusive right to provide digital wireless
 mobile communications network services under the Sprint PCS brand throughout
 its designated territory located in Texas, New Mexico, Arizona, Colorado,
 Wisconsin, Missouri, Washington, Oregon, Arkansas, Kansas, Illinois and
 California.  Alamosa's territory includes licensed population of 15.4 million
 residents.  (www.alamosapcs.com)
     Sprint is a world-class global communications company -- at the forefront
 of integrating wireline and wireless communications services.  Sprint is a
 large carrier of Internet traffic and a leader in broadband communications.
 Sprint built and operates the United States' first nationwide all-digital,
 fiber-optic network and provides a portfolio of advanced data communications
 services.  Sprint operates the largest 100-percent digital, 100-percent PCS
 nationwide wireless network in the United States, already serving the majority
 of the nation's metropolitan areas including more than 4,000 cities and
 communities across the country.  Sprint has $23 billion in annual revenues and
 serves more than 23 million business and residential customers.  For more
 information, visit the Sprint PCS web site at http://www.sprintpcs.com.
     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 PCS; 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; failure to consummate anticipated acquisitions 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
 Prospectuses filed on February 4, 2000, its Form 10-K for the year ended
 December 31, 2000 and in subsequent filings with the Securities and Exchange
 Commission.
 
     CONTACT:  Kendall Cowan, CFO of Alamosa Holdings, Inc., 806-722-1100, or
 kcowan@alamosapcs.com; or Ken Dennard, kdennard@easterly.com, or Rick Black,
 rick@easterly.com, both of Easterly Investor Relations, 713-529-6600, for
 Alamosa Holdings, Inc.
 
 

SOURCE Alamosa Holdings, Inc.
    LUBBOCK, Texas, April 10 /PRNewswire/ --
 Alamosa Holdings, Inc. (Nasdaq: APCS), the largest Sprint PCS (NYSE:   PCS)
 Network Partner with 15.4 million POPs, today announced first quarter net
 subscriber additions of 55,353, including 10,337 net subscriber additions from
 recently acquired Southwest PCS.  Alamosa's subscribers at March 31, 2001
 totaled 261,345, including 50,202 from recently acquired Southwest PCS.  The
 combined first quarter churn rate was approximately 2.6 percent, which
 represents a decrease from the fourth quarter rate of 2.9 percent.
     "We are very pleased with our first quarter net subscriber additions and
 our declining churn," stated David E. Sharbutt, chief executive officer of
 Alamosa Holdings, Inc.  "We continue to experience excellent incremental
 penetration with combined subscribers of 261,345 as of March 31, 2001, a
 penetration of 2.8 percent.  We now have territories in twelve states and
 cover 9.4 million POPs."
 
     OUTLOOK
     For the full year of 2001, Alamosa expects net subscriber additions of
 220,000 to 260,000 with year-end covered POPs of approximately 10.9 million.
 Churn is expected in the range of 2.5 to 3 percent for the full year of 2001.
     Alamosa Holdings, Inc. is the largest Sprint PCS Network Partner providing
 Sprint PCS wireless personal communication services in twelve states in the
 United States.  Alamosa has the exclusive right to provide digital wireless
 mobile communications network services under the Sprint PCS brand throughout
 its designated territory located in Texas, New Mexico, Arizona, Colorado,
 Wisconsin, Missouri, Washington, Oregon, Arkansas, Kansas, Illinois and
 California.  Alamosa's territory includes licensed population of 15.4 million
 residents.  (www.alamosapcs.com)
     Sprint is a world-class global communications company -- at the forefront
 of integrating wireline and wireless communications services.  Sprint is a
 large carrier of Internet traffic and a leader in broadband communications.
 Sprint built and operates the United States' first nationwide all-digital,
 fiber-optic network and provides a portfolio of advanced data communications
 services.  Sprint operates the largest 100-percent digital, 100-percent PCS
 nationwide wireless network in the United States, already serving the majority
 of the nation's metropolitan areas including more than 4,000 cities and
 communities across the country.  Sprint has $23 billion in annual revenues and
 serves more than 23 million business and residential customers.  For more
 information, visit the Sprint PCS web site at http://www.sprintpcs.com.
     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 PCS; 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; failure to consummate anticipated acquisitions 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
 Prospectuses filed on February 4, 2000, its Form 10-K for the year ended
 December 31, 2000 and in subsequent filings with the Securities and Exchange
 Commission.
 
     CONTACT:  Kendall Cowan, CFO of Alamosa Holdings, Inc., 806-722-1100, or
 kcowan@alamosapcs.com; or Ken Dennard, kdennard@easterly.com, or Rick Black,
 rick@easterly.com, both of Easterly Investor Relations, 713-529-6600, for
 Alamosa Holdings, Inc.
 
 SOURCE  Alamosa Holdings, Inc.