Company Profile For iPCS, Inc.

iPCS, Inc. is a holding company that operates as a PCS Affiliate of Sprint (Sprint) through three wholly owned subsidiaries, iPCS Wireless, Inc., Horizon Personal Communications, Inc. and Bright Personal Communications Services, LLC, each having its own affiliation agreements with Sprint PCS. Pursuant to these affiliation agreements with Sprint PCS, the Company offers wireless personal communications services (PCS) services using Sprint’s spectrum under the Sprint brand name on a wireless network built and operated to Sprint's specifications at iPCS’s own expense. iPCS owns and is responsible for operating, managing and maintaining its wireless network and has the exclusive right to provide digital PCS services under the Sprint brand name in its territory.

BRIEF: For the nine months ended 30 September 2009, iPCS, Inc.'s revenues increased 8% to $417.7M. Net income totaled $15.8M vs. a loss of $9.7M. Revenues reflect an increase in income from service and higher revenue from equipment & other. Net income reflects decreased selling & marketing expense, the presence of gain on sprint settlement, lower depreciation expense, a decrease in interest expense and higher other income, net.