nTelos Wireless to Offer iPhone 4S on April 20

WAYNESBORO, Va.--(BUSINESS WIRE)--Today, nTelos Wireless (NASDAQ: NTLS) announced that it will begin offering iPhone 4S and iPhone 4 to customers on April 20. iPhone 4S will be available starting at $149.99 for the 16GB model, $249.99 for the 32GB model and $349.99 for the 64GB model. iPhone 4 will be available for just $49.99. All models will be available in nTelos Wireless retail stores, online at www.ntelos.com, and through telesales at 1-888-427-8858. Customers can pre-register their interest starting today at www.ntelos.com/iphone.

“As a wireless service provider well-known for delivering the best value in wireless, we're pleased to offer the amazing new iPhone 4S to our customers”

iPhone 4S is the most amazing iPhone yet, packed with incredible features including Apple’s dual-core A5 chip for blazing fast performance and stunning graphics; an all-new camera with advanced optics; full 1080p HD resolution video recording; and Siri, an intelligent assistant that helps you get things done just by asking. iPhone 4S comes with iOS 5.1, the world’s most advanced mobile operating system; and iCloud, a breakthrough set of free cloud services that work with your iPhone, iPad, iPod touch, Mac or PC to automatically and wirelessly store your content in iCloud and push it to all your devices.

"As a wireless service provider well-known for delivering the best value in wireless, we're pleased to offer the amazing new iPhone 4S to our customers," said Jim Hyde, president and CEO for nTelos Wireless. "iPhone 4S offers an abundance of new features, and with our industry-leading, nationwide smartphone plans, customers can now enjoy the nation’s best networks for less."

nTelos Wireless retail stores will open early, at 7:00 AM on Friday, April 20, so customers can take advantage of the best value in wireless. Nationwide smartphone plans start at just $79.99 and include unlimited data and messaging. Plus, families can save with the industry’s best value unlimited everything smartphone rate plans, which start at just $139.99 a month for two lines.

iPhone 4S and iPhone 4 require activation on one of nTelos Wireless’ individual or family Nation’s plans and a new two year agreement:

	Plan 1	Plan 2
Monthly Fee	$79.99	$99.99
Voice Minutes*	600	Unlimited
SMS	Unlimited	Unlimited
Data (MB)**	Unlimited	Unlimited
iPhone 4S 16GB	$149.99	$149.99
iPhone 4S 32GB	$249.99	$249.99
iPhone 4S 64GB	$349.99	$349.99
iPhone 4 8GB	$49.99	$49.99
*Calling may be restricted from certain geographies. **Throttle after 5GB Note: 24-month contract required

For more information on iPhone 4S, please visit: www.apple.com/iphone.

About NTELOS

NTELOS Holdings Corp. (NASDAQ: NTLS), operating through its subsidiaries as “nTelos Wireless,” is headquartered in Waynesboro, VA, and provides high-speed, dependable nationwide voice and data coverage for over 400,000 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 www.ntelos.com or www.facebook.com/nteloswireless and www.twitter.com/#!/ntelos_wireless.

nTelos Wireless is the best value in wireless, offering smartphone plans on the nation’s best networks for less, a 100% money back guarantee, and personal service in more than 100 retail outlets and 3 regional call centers. Plus, the Company and it’s employees support a wide variety of local community programs such as The United Way, The National Kidney Foundation Walks, and initiatives such as nTelos nSpirit, which is used in partnership with local organizations to raise donations for worthy causes.

SPECIAL NOTE FROM THE COMPANY REGARDING FORWARD-LOOKING STATEMENTS

Any statements contained in this press release or made on the above-referenced conference call that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. The words “anticipates,” “believes,” “expects,” “intends,” “plans,” “estimates,” “targets,” “projects,” “should,” “may,” “will” and similar words and expressions are intended to identify forward-looking statements. Such forward-looking statements reflect, among other things, our current expectations, plans and strategies, and anticipated financial results, all of which are subject to known and unknown risks, uncertainties and factors that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements. Many of these risks are beyond our ability to control or predict. Because of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. We do not undertake any obligation to update or review any forward-looking information, whether as a result of new information, future events or otherwise. Important factors with respect to any such forward-looking statements, including certain risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, include, but are not limited to: our ability to attract and retain retail subscribers to our services; the dependence on our affiliation with Sprint Nextel (“Sprint”); a potential increase in roaming rates and wireless handset subsidy costs; rapid development and intense competition in the telecommunications industry; the potential to experience a high rate of customer turnover; the potential for Sprint and others to build networks in our markets; cash and capital requirements; operating and financial restrictions imposed by our senior credit facility; adverse economic conditions; federal and state regulatory fees, requirements and developments; loss of ability to use our current cell sites; our ability to realize the benefits anticipated following the spinoff of our Wireline business; our continued reliance on indirect channels of retail distribution; our reliance on certain suppliers and vendors; and other unforeseen difficulties that may occur. These risks and uncertainties are not intended to represent a complete list of all risks and uncertainties inherent in our business, and should be read in conjunction with the more detailed cautionary statements and risk factors included in our SEC filings, including our Annual Reports filed on Form 10-K.