Windstream Completes Sale of North Carolina Wireless Properties
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[November 21, 2008]

Windstream Completes Sale of North Carolina Wireless Properties

LITTLE ROCK, Ark. --(Business Wire)--

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.

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