text: **Significant Transactions**
  
  The Company had several significant transactions during 2003. The largest was the sale of its 66% interest in the 
  Virginia 10 RSA cellular operation, as described above. The Company originally entered into the agreement with 
  Verizon Wireless in November 2002. The Company was the general partner of the limited partnership which operated 
  an analog cellular network in the six-county area of Northwestern Virginia, including Clarke, Frederick, Page, 
  Rappahannock, Shenandoah, and Warren counties, and the city of Winchester. The sales price was $37.0 million plus 
  the Company’s 66% share of the partnership’s working capital, which was approximately $1.7 million. The Company 
  was required to do a working capital true up following the closing, from which the Company recorded a charge for $23 
  thousand after taxes. In the fourth quarter the Company recorded an additional charge for taxes of $0.2 million to 
  reflect the consolidated effective tax rate based on the final operating results for the year. 
  
  The sale of this business is reflected in the discontinued operations section of the income statement along with the 
  results of operations for the two months of 2003 that the operation remained a part of the Company. 