NTELOS Holdings Corp. to Be Added to the Russell Microcap Index

       NTELOS Holdings Corp. to Be Added to the Russell Microcap Index

PR Newswire

WAYNESBORO, Va., June 26, 2013

WAYNESBORO, Va., June 26, 2013 /PRNewswire/ --NTELOS Holdings Corp. (NASDAQ:
NTLS), a leading regional provider of nationwide wireless voice and data
communications and home to the "best value in wireless," today announced it
will be added to the Russell Microcap® Index, effective at the close of the
market on June 28, 2013.

"We are pleased to be added to the Russell Microcap Index, which is a
testament to the steps we have taken in both our retail and wholesale
businesses to drive growth and maximize value for all key stakeholders. The
Russell indexes are widely followed within the investment community, and we
believe our inclusion may bring greater visibility and potentially result in a
broader shareholder base," said Jim Hyde, President and Chief Executive
Officer for nTelos Wireless.

Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. Russell calculates more than 700,000 benchmarks daily
covering approximately 98 percent of the investable market globally, 80
countries and more than 10,000 securities. Approximately $4.1 trillion in
assets are benchmarked to the Russell Indexes.

The Russell Microcap Index measures the performance of the microcap segment of
the U.S. equity market. Microcap stocks consist of the smallest 1,000
securities in the small-cap Russell 2000® Index, plus the next 1,000 eligible
securities, based on a ranking of all U.S. equities by market capitalization.
Membership in the Russell Microcap Index, which remains in place for one year,
means automatic inclusion in the appropriate growth and value style indexes.

About NTELOS
NTELOS Holdings Corp. (NASDAQ: NTLS), operating through its subsidiaries as
"nTelos Wireless," is headquartered in Waynesboro, VA, and provides
high-speed, dependable nationwide voice and data coverage for approximately
451,000 retail subscribers based in Virginia, West Virginia and portions of
Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. The Company's
licensed territories have a total population of approximately 7.9 million
residents, of which its wireless network covers approximately 6.0 million
residents. The Company is also the exclusive wholesale provider of wireless
digital PCS services to Sprint Nextel in the Company's western Virginia and
West Virginia service area for all Sprint CDMA wireless customers.

Investor Relations Contacts:

Jeffrey Goldberger / Rob Fink
KCSA Strategic Communications
P: 212-896-1249 / 212-896-1206
Email: jgoldberger@kcsa.com / rfink@kcsa.com

SOURCE NTELOS Holdings Corp.
 
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