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Press Release -- June 26th, 2012
Source: Net Insight AB

NTELOS Holdings Corp. Updates and Extends Existing Shelf Registration Statement

WAYNESBORO, Virginia – June 26, 2012 – NTELOS Holdings Corp. (“the Company,” NASDAQ: NTLS) announced that it has filed a shelf registration statement to replace its existing shelf registration statement filed with the Securities and Exchange Commission (“SEC”) in November 2010.

Upon the SEC declaring the registration statement effective, the Company will continue to be able to sell up to $300 million of its securities in primary offerings, which may consist of common stock, preferred stock, warrants or units. The new registration statement extends the period during which the Company may make such offerings until three years following the effective date.

The Company is also registering the shares owned by Quadrangle Capital Partners L.P. and affiliated entities (“Quadrangle Funds”) pursuant to registration rights agreed to in the shareholders agreement among the Company and the Quadrangle Funds. The Quadrangle Funds have informed the Company that they have no current intention to sell the shares that are being registered. The Quadrangle Funds will be able to sell up to 5.7 million shares of Company common stock they own in secondary offerings while the registration statement remains effective. The Company will not receive any proceeds from sales of shares of Company common stock by the Quadrangle Funds.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. The registration statement is available without charge on the SEC’s website at and may also be obtained from the Company, Attn: Investor Relations, 1154 Shenandoah Village Drive, Waynesboro, VA 22980. You are encouraged to carefully read the entire registration statement and documents incorporated therein by reference.


NTELOS Holdings Corp. (NASDAQ:NTLS, news, filings), operating through its subsidiaries as “nTelos Wireless,” is headquartered in Waynesboro, VA, and provides high-speed, dependable nationwide voice and data coverage for over 420,000 retail subscribers based in Virginia, West Virginia and portions of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. nTelos’s licensed territories have a total population of approximately 8 million residents, of which its wireless network covers approximately 5.9 million residents. nTelos is also the exclusive wholesale provider of network services to Sprint Nextel in the western Virginia and West Virginia portions of its territories for all Sprint CDMA wireless customers.

Additional information about NTELOS is available at or and

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