22.09.2005 12:32:00
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Nextel Partners Mails Definitive Proxy Materials; Special Meeting Of Stockholders Scheduled For October 24, 2005
If a majority of the Nextel Partners Class A common sharesrepresented at the special stockholders meeting are voted in favor ofexercising the put right, Nextel WIP Corp., a wholly owned subsidiaryof Nextel Communications, would be required to purchase alloutstanding shares of Nextel Partners' Class A common stock at a fairmarket value price determined under an appraisal proceeding that isdescribed in the proxy materials.
The special committee of Nextel Partners' Board unanimouslyrecommends that Nextel Partners shareholders vote in favor ofexercising the put right at the special meeting.
Nextel Partners Class A shareholders of record as of September 9,2005 will be entitled to vote at the special meeting, which has beenscheduled for 10:00 am PT on October 24, 2005. The meeting will beheld at the Hyatt Regency in Bellevue, Washington.
About Nextel Partners
Nextel Partners, Inc., (Nasdaq: NXTP), a FORTUNE 1000 companybased in Kirkland, Wash., has exclusive rights to offer the same fullyintegrated, digital wireless communications services offered by NextelCommunications (Nextel) in mid-sized and rural markets in 31 stateswhere approximately 54 million people reside. Nextel Partners andNextel together offer the largest guaranteed all-digital wirelessnetwork in the country serving 297 of the top 300 U.S. markets. Tolearn more about Nextel Partners, visit www.nextelpartners.com.
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