| Business Summary | | AirGate
PCS,
Inc.
markets
and
provides
digital
personal
communication
services
(PCS).
The
Company
is
a
network
affiliate
of
Sprint
PCS,
the
personal
communications
services
group
of
Sprint
Corporation.
Sprint
PCS,
directly
and
indirectly
through
affiliates
such
as
the
Company,
provides
wireless
services
in
more
than
4,000
cities
and
communities
across
the
country.
Through
its
management
agreement
with
Sprint
PCS,
the
Company
has
the
right
to
provide
Sprint
PCS
products
and
services
under
the
Sprint
and
Sprint
PCS
brand
names
in
a
territory
that
covers
almost
the
entire
state
of
South
Carolina,
parts
of
North
Carolina
and
the
eastern
Georgia
cities
of
Augusta
and
Savannah.
Its
Sprint
PCS
territory
encompasses
21
contiguous
markets
and
approximately
7.1
million
residents.
As
of
September
30,
2000,
the
Company
was
providing
PCS
service
to
56,689
subscribers
within
its
Sprint
PCS
territory. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AirGate
PCS,
Inc.
is
a
provider
of
wireless
Personal
Communications
Services
exclusively
licensed
to
use
the
Sprint
PCS
brand
name
in
21
markets
located
in
the
southeastern
U.S.
For
the
nine
months
ended
6/30/01,
revenues
totalled
$104.8
million,
up
from
$8.3
million.
Net
loss
rose
65%
to
$86
million.
Revenues
reflect
the
launch
of
operations
in
21
markets
during
fiscal
2000.
Net
loss
reflects
increased
personnel,
marketing
and
depreciation
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Barry Schiffman, 55 Chairman | -- | -- | Alan Catherall, 47 CFO | $267K | -- | Thomas Dougherty, 56 Director,
Pres and CEO | 1.7M | $492K | Thomas Body, III, 62 Director
and VP of Strategic Planning | 232K | 373K | W. Chris Blane, 47 Director
and VP of New Bus. Devel. | 232K | 373K | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|