NTELOS Holdings Corp. is a leading regional wireless operator with over 425,000 retail subscribers in Virginia and West Virginia and an attractive, long-term wholesale agreement with Sprint. In October 2011, NTELOS completed the spin-off of its wireline operations to a new public entity, Lumos Networks. QCP first invested in NTELOS in 2005. NTELOS completed an initial public offering of common shares in February 2006. QCP continues to own approximately 27% of NTELOS.
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