NTELOS HOLDINGS Corp NEW

(NASDAQ: NTLS)
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13.08Up+0.37+2.91%Today's Close  |  13.08 unch unch After hours
COMPANY ADDRESS
NTELOS HOLDINGS Corp NEW
1154 Shenandoah Village Drive
Waynesboro, VA 22980
USA - Map
Phone: +1 540 946-3500
Fax: +1 540 946-3595
Website
COMPANY INFORMATION
Exchange: NASDAQ national market
Stock: NTELOS Holdings Corp
Industry: Telecom Services
Employees: 970
DESCRIPTION
NTELOS Holdings Corp is a regional provider of digital wireless communications services to consumers and businesses mainly in Virginia and West Virginia, as well as parts of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. The Company offers wireless voice and digital data PCS products and services to retail and business customers under the ‘Ntelos Wireless’ and ‘FRAWG Wireless’ brand names. The Company conducts its business through NTELOS-branded retail operations, which sell its products and services via direct and indirect distribution channels, and provide network access to other telecommunications carriers, notably through an arrangement with Sprint Spectrum, and Sprint Spectrum on behalf of and as an agent for SprintCom (Sprint Spectrum and SprintCom collectively, ‘Sprint’), which arrangement is referred to herein as the ‘Strategic Network Alliance.’ The Company currently offers ten brands across 27 devices, including the Apple iPhone 4, 4S and 5, and offers its customers the main smartphone operating systems including Android, iOS and Blackberry. All devices are available for both postpay and prepay/no-contract services. Its value proposition typically offers savings to end users compared to national providers, and is coupled with local service and support. As of December 31, 2012, its wireless retail business had approximately 439,600 NTELOS retail subscribers, representing approximately 7.3% of its total covered POPs. Its customer service is supported by three regional call centers, 64 company-operated direct retail locations, approximately 430 indirect retail distribution locations, and an additional 200 third-party payment centers. It also offer an interactive web presence, which provides customers with access to their account, auto-pay billing service, account monitoring services such as overage text alerts and other customer care support. The Company provides wireless digital PCS services on a wholesale basis to other PCS providers, notably through the Strategic Network Alliance with Sprint in which it are the exclusive PCS service provider in its western Virginia and West Virginia service area for all Sprint CDMA wireless customers through July 31, 2015, subject to subsequent automatic three-year extensions unless the termination notice provisions are exercised. It compete directly with other facilities and non-facilities based wireless broadband mobile and fixed service providers, wireline, internet, cable, satellite and other communications service providers. The Company’s communications services are subject to varying degrees of federal, state and local regulation.
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Financial data in US dollars | Page generated 6:35 PM ET
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