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  September 5, 2001
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Home > Company Index > Telecommunications > Wireless Communications Services > iPCS, Inc.

iPCS, Inc.
 PROFILE
A good name can be golden. iPCS, formerly known as Illinois PCS, has exclusive rights to provide mobile phone services as a regional affiliate of Sprint PCS. The company is developing wireless networks in 37 markets consisting of mid-sized cities and rural areas in Illinois, Iowa, Michigan, and eastern Nebraska. iPCS has launched service in 24 markets and serves about 84,000 customers. The carrier uses digital CDMA (code division multiple access) technology. iPCS was founded in 1999 by a group of investment firms, including Geneseo Communications (which owns 23% of the company) and Cambridge Telcom (which owns 20%). Private investment firm The Blackstone Group owns a 27% stake in iPCS.

 COMPETITION
AT&T Wireless (AWE)
Cingular Wireless (dossier)
Verizon Wireless Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 24.00
1-Yr. Sales Growth: 11,052.6%
Employees: 167
Revenue per employee: $143,712.57

 KEY PEOPLE
• Timothy M. Yager
    CEO
• Stebbins B. Chandor
    CFO

 CONTACT INFO
1900 E. Golf Rd, Ste. 900
Schaumburg, IL 60173
US
Phone: 847-994-2900
Fax: 847-517-1429

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