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NTLS > SEC Filings for NTLS > Form 8-K on 24-Sep-2013All Recent SEC Filings

Show all filings for NTELOS HOLDINGS CORP



Entry into a Material Definitive Agreement, Regulation FD Disclosure

Item 1.01 Entry into a Material Definitive Agreement.

Amendment of Resale Agreement

On September 23, 2013, West Virginia PCS Alliance, L.C., Virginia PCS Alliance, L.C., and NTELOS Inc. (collectively, "NTELOS"), subsidiaries of NTELOS Holdings Corp. (the "Company"), entered into the First Amendment to Resale Agreement (the "Amendment"), dated as of September 20, 2013, with Sprint Spectrum L.P. ("Sprint Spectrum") and Sprint Spectrum on behalf of and as an agent for SprintCom, Inc. ("SprintCom"), subsidiaries of Sprint Corporation (collectively, "Sprint").

The Amendment principally revised certain confidential and proprietary pricing terms and methodology set forth in that certain Resale Agreement among the parties dated as of July 31, 2007 (the "Resale Agreement"). In addition to modifying the pricing terms and methodology, the Amendment replaced the $9,000,000 monthly minimum charges that Sprint is required to pay NTELOS with an initial effective minimum monthly charge of $9,250,000, subject to capped annual upward or downward adjustments thereto.

Item 7.01 Regulation FD Disclosure.

On September 24, 2013, the Company issued a press release announcing the Amendment and the settlement of disputes under the Resale Agreement and discussing related matters. The press release is attached as Exhibit 99.1 and is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section and will not be deemed an admission as to the materiality of any such information that is required to be disclosed solely by Regulation FD.

Item 9.01 Exhibits.

(d) Exhibits:

99.1 Press release, dated September 24, 2013, issued by NTELOS Holdings Corp.

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