49 ■ 2003 ANNUAL REPORT
Total revenue was $93.0 million in 2002, an increase of $24.3 million or 35.3%.  Total revenues included $57.9 million
of wireless revenues, an increase of $21.7 million or 60.2%; wireline revenues of $28.7 million, an increase of $1.3
million or 4.6%; and other revenues of $6.4 million, an increase of $1.2 million or 24.5%.
Within wireless revenues, the PCS operation contributed $55.5 million, an increase of $21.4 million, or 63.0%.  PCS
service revenues were $37.4 million, an increase of $18.3 million or 95.7%.  The increase in the subscriber base, which
totaled 67,842 at December 31, 2002, was an increase of 20,524 or 43% from the prior year end.
PCS travel revenue, which is compensation between Sprint and its PCS Affiliates for use of the other party’s network,
was $16.5 million, an increase of $2.9 million or 21.3%.  Travel revenue is impacted by the geographic size of the
Company’s network service area, the overall number of Sprint wireless customers, and the travel exchange rate.  The
rate received on travel was $0.10 per minute in 2002.  The rates in 2001 were $0.20 per minute from January 1, 2001
through April 30, 2001; $0.15 per minute from May 1, 2001 through September 30, 2001; and $0.12 per minute from
October 1, 2001 through December 31, 2001.
PCS equipment sales were $1.6 million, an increase of $0.3 million or 19.6%.  The equipment sales are net of $0.3
million of rebates and discounts given at the time of sale, which became more pronounced during the year to meet
industry competition for subscriber additions and subscriber retention.
In accordance with Sprint’s requirements, the Company launched third generation (3G 1X) service in August 2002.
The impact of 3G 1X-network enhancements on revenues was not significant in 2002.
Tower leases added $2.1 million to wireless revenues, an increase of $0.4 million or 24.5%.  The increase was the
result of other wireless carriers executing additional leases to use space on the Company’s portfolio of towers.  Of the
82 towers and poles owned by the Company as of December 31, 2002, 46 have tower space leased to other carriers.
Wireless revenues from the Company’s paging operation were $0.3 million, a decrease of $0.1 million as the local
customer base increasingly chose alternative digital wireless services.  Paging service subscribers declined by 7.8% in
2002 from 3,190 subscribers to 2,940 subscribers.
Within wireline revenues, the Telephone operation contributed $22.5 million, an increase of $0.9 million, or 4.0%.
Telephone access revenues were $10.9 million, an increase of $1.4 million or 14.8%.  The growth in access revenues
was driven by a 38.4% increase in access minutes of use on the Company’s network and an increased percentage of
minutes in the intrastate jurisdiction, where rates are higher than the interstate jurisdiction.  On January 1, 2002 the
Federal subscriber line charge (SLC) for residential customers increased from $3.50 to $5.00 per month.  The SLC
2002 compared to 2001
CONTINUING OPERATIONS
The Company invested $2.0 million in the Virginia 10 RSA limited partnership in the early 1990’s.  The partnership’s
local customer base peaked in early 2000 with nearly 12,000 subscribers, then steadily declined to 6,700 by December
31, 2002.  The decline was the result of competition with digital technologies and increased competition from national
carriers in the area.  As a result of the decline in the subscriber base, and the need for extensive capital expenditures to
transform the analog network into a digital cellular network, the Company elected to sell its 66% interest in the
partnership to one of the minority partners.  The agreement was signed in November 2002, and closing was February
28, 2003.  The Company’s portion of the net income from its operations for 2003, 2002 and 2001 was $1.2 million,
$7.4 million and $6.7 million, respectively.
DISCONTINUED OPERATIONS