text: Income from discontinued operations was $22.4 million after taxes, an increase of $15.0 million or 202%. The income 
  from discontinued operations in 2003 includes the sale of the partnership interest in February 2003 and results from the 
  two months of its operations in 2003. 
  
  The Company adopted FAS 143 “Accounting for Asset Retirement Obligations.” effective January 1, 2003, and as a 
  result recorded a charge to earnings for the cumulative effect of this change in accounting of $76 thousand after taxes. 
  
  Net income was $32.1 million, an increase of $27.6 million or 610%. The increase is a result of improved operating 
  results in the PCS operations, the 2002 VeriSign stock loss and the sale of the cellular operations. 
  
  **DISCONTINUED 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. 