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Dobson acquires Highland Cellular for $95M

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Oct. 7, 2006

Dobson Communications Corp. said it acquired Highland Cellular L.L.C. through its American Cellular Corp. subsidiary.

The deal is valued at $95 million.

Highland provides wireless service to about 50,000 subscribers in southern West Virginia and two counties in Virginia.

American Cellular provides service nearby in West Virginia, Ohio, Pennsylvania and Kentucky.

The acquisition includes 25 megahertz of 850 MHz spectrum as well as 1900 MHz spectrum holdings in parts of West Virginia and Virginia itself.


Source: RCR News


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