Windstream completes sale of North Carolina wireless properties

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Nov 21, 2008

Windstream completes sale of North Carolina wireless properties

LITTLE ROCK, Ark. – Windstream today completed the sale of its wireless properties in North Carolina to AT&T for approximately $60 million in cash.  


The transaction includes approximately 52,000 wireless customers; spectrum licenses and cell sites covering a four-county area of North Carolina with a population of approximately 450,000; and six retail locations. The properties operate under the Windstream Wireless brand name.


Windstream acquired the wireless properties in the acquisition of CT Communications, which offered co-branded wireless products and services through a joint operating agreement with AT&T.


About Windstream


Windstream Corporation is an S&P 500 company that provides digital phone, high-speed Internet and high-definition video and entertainment services to residential and business customers in 16 states. The company has approximately 3.1 million access lines and about $3.2 billion in annual revenues. For more information, visit www.windstream.com.


-end-


Media Relations Contacts:


David Avery, 501-748-5876
david.avery@windstream.com


Larry White, 501-748-6250
larry.d.white@windstream.com


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