OKLAHOMA CITY, Sept. 17, 2003 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) announced today that its registration statement on Form S-3 has been declared effective by the Securities and Exchange Commission. The registration statement covers the possible re-sales from time to time by certain shareholders of an aggregate of 686,201 shares of Dobson's Series F convertible preferred stock and 81,660,106 shares of Dobson's Class A common stock.
The registration statement was amended to include AT&T Wireless as a selling shareholder pursuant to its registration rights agreement with Dobson. None of the shares included in the amended registration statement will be offered by Dobson.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any shares of Series F convertible preferred stock or Class A common stock, or any other securities of Dobson Communications Corporation, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
A final written prospectus meeting the requirements of Section 10 of the Securities Act of 1933 relating to these securities may be obtained from Dobson Communications Corporation, Attn: Mr. J. Warren Henry, Investor Relations, 14201 Wireless Way, Oklahoma City, OK 73134.
Dobson Communications is a leading provider of wireless phone services to rural markets in the United States. Headquartered in Oklahoma City, the Company owns wireless operations in 16 states. For additional information on the Company and its operations, please visit its Web site at www.dobson.net.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements regarding the Company's plans, intentions and expectations. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. A more extensive discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports filed with the Securities and Exchange Commission. Given these concerns, investors and analysts should not place undue reliance on forward-looking statements.