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Dobson Communications
built 622 days ago
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). Contact: J. Warren Henry, Vice President, Investor Relations – (405) 529-8820
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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, with markets covering a population of 11.9 million. The Company serves approximately 1.5 million customers. For additional information on the Company and its operations, please visit its Web site at http://www.dobson.net
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By the end of 1997, the expansion of Dobson Communications' wireless business had fueled an impressive rise in the company's financial growth. The company generated $22.7 million in sales in 1993, a total that increased incrementally to $43.2 million by 1996 before nearly doubling to $85.1 million in 1997. From 1997 forward, Dobson Communications recorded vigorous growth, leveraging its expansion in the wireless sector to greatly increase its financial might.
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"Dobson Communications has a proud history of delivering quality telecommunication services to a growing customer base," said Bob Marino, President of Convergys Information Management Group. "With Atlys, Dobson will have a highly scalable, flexible and robust product that will support the latest wireless services and help the company drive revenue growth while building strong customer relationships."
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As Dobson Communications entered the 21st century, the company continued to record robust growth. Against the backdrop of the company's impressive financial gains, the wireless industry began to consolidate, prompting Dobson and his fellow executives to respond to the changing industry dynamics. In a November 1, 2001 interview with Mergers & Acquisitions Journal, Dobson Communications' vice-president of investor relations explained management's mindset. "We believe the industry is getting ready to go through another round of consolidations," remarked Warren Henry. "So basically, we want to be ready to pursue any alternative that's in the best interests of our shareholders." The review of strategic options, which included a possible sale of the company, led to a significant announcement made not long after Henry's comments to Merger & Acquisitions Journal.
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Dobson Communications Corp. (DCEL) said Thursday after the markets closed that third quarter earnings fell from last year, hurt by higher income tax expenses. However, the company's quarterly earnings per share came above analysts' expectations. The Oklahoma City-based company reported net income for the third quarter of $26.2 million, compared to $28.0 million for the year-ago quarter. Net income available to common shareholders for the third quarter was $24.9 million or $0.13 per share, compared to $25.9 million or $0.14 per share in the prior year quarter. On average, 4 analysts polled by First Call / Thomson Financial expected the company to earn $0.11 per share for the third quarter. Net income for the third quarter of 2007 included an income tax expense of $29.1 million, compared with an income tax benefit of $7.9 million for the third quarter of 2006.
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Dobson Communications