Article: AMERICAN TELECASTING AND CS WIRELESS SYSTEMS TO EXCHANGE CERTAIN WIRELESS CABLE PROPERTIES

COLORADO SPRINGS, Colo., July 29 /PRNewswire/ -- American Telecasting, Inc. (Nasdaq: ATEL) and CS Wireless Systems, Inc. announced today the execution of a letter of intent to exchange certain wireless cable assets. American Telecasting will deliver to CS Wireless all of its wireless cable assets in Louisville, Kentucky; Little Rock, Arkansas; Oklahoma City, Oklahoma; and Wichita, Kansas. CS Wireless will deliver to American Telecasting all of its wireless cable assets in Minneapolis, Minnesota; Stockton, California; Modesto, California; and Bakersfield, California; plus cash totaling approximately $5.5 million.

American Telecasting currently serves approximately ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!