Powertel Sells Cellular Division
PCS provider Powertel Inc. (West Point, GA) has completed the sale of its InterCel cellular division to Public Service Cellular, a unit of Public Service Telephone Co. (Reynolds, GA) for $89 million.
InterCel provides cellular telephone service in contiguous portions of four rural service areas in western Georgia and eastern Alabama, encompassing 2,900 sq miles and a population of more than 300,000 people. The InterCel network covers approximately 100 miles of Interstate Highway 85 and 40 miles of Interstate Highway 185 and the metropolitan areas of Newnan (south suburban Atlanta), LaGarange, and West Point, GA; and Auburn and Opelika, AL.
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