Waller Capital Advises Mobi PCS on Divestitures to Verizon Wireless and GTA Teleguam

Mobi PCS has entered into a definitive agreement to sell its wireless spectrum in Hawaii to Verizon Wireless.  Mobi PCS is the leading independent wireless provider in the Hawaiian Islands providing service to approximately 47,000 subscribers.

The Company has also entered into a definitive agreement to sell its wireless spectrum in Guam and CNMI to GTA Teleguam.

Mobi PCS is majority owned by M/C Partners and Columbia Capital.

Waller Capital served as exclusive financial advisor to Mobi PCS in both transactions.