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Dobson Communications: Companies
built 650 days ago
The agent of change in the Dobson enterprise's business scope was Everett R. Dobson, who represented the third generation of the Dobson family's leadership. Dobson joined his family's company in 1980 after earning an undergraduate degree in economics at Southwestern Oklahoma State University. When Dobson joined the company, it was dependent entirely on its wireline business for revenues. Dobson began changing the company's strategic orientation roughly a decade after he joined the firm. In 1989, he formed Dobson Cellular Systems, the entity through which the Dobson family enterprise would navigate its way in the nascent cellular industry. The company's foray into the wireless sector was executed by acquiring cellular systems in clusters, beginning with the original system in Oklahoma and the Texas Panhandle, purchased between August 1989 and September 1991.
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Dobson Communications is a leading provider of cellular phone services to rural markets in the United States. Headquartered in Oklahoma City, the rapidly growing Company owns or manages wireless operations in 18 states, covering a total population of 8.6 million. For the year ended December 31, 1999, Dobson reported total revenues of $319.9 million; EBITDA of $137.9 million (earnings before interest, tax, depreciation and amortization); and a net loss of $127.6 million, which included a loss from discontinued operations and extraordinary expense. For additional information on Dobson and its operations, please visit its web site at www.dobson.net
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When wireless service began, Dobson was appointed president and chief operating officer of the company and president of its cellular subsidiaries. Under Dobson's direction, the company executed an acquisition strategy that targeted rural and suburban areas; the underserved markets that provided fertile ground for Dobson Communications' financial and physical growth. The transition to wireless operations, which led to the discontinuation of the company's wireline business by the late 1990s, resulted in exponential financial growth, but the company did not begin to increase its revenue volume meaningfully until it began acquiring cellular systems in earnest. After acquiring the properties in Oklahoma and Texas, the company waited five years before completing its next cellular deal. In March 1996, the company paid $30 million to acquire cellular operations in Kansas and Missouri. The following month, Everett Dobson was named chief executive officer and chairman of the entire Dobson family enterprise, signaling the beginning of the company's rapid expansion in the cellular sector.
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Dobson Communications is a leading provider of wireless telephone services to rural markets in the United States. Headquartered in Oklahoma City, the Company owns or manages wireless operations in 17 states. For additional information on the Company and its operations, please visit its Web site at www.dobson.net.
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Dobson Communications and its subsidiary Dobson Cellular Systems is committed to providing its customers with the latest and most efficient cellular technology available. The company's managed network, which is monitored around the clock, is made up of 23 switching centers and over 1,700 cell sites throughout the United States.
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Dobson Communications is a provider of rural and suburban wireless communications services. The company primarily operates in rural and suburban areas in the US. It is headquartered in Oklahoma City, Oklahoma and employs about 2,500 people.
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