Thursday, April 07, 2005

KIRKLAND, Wash., and CARY, N.C. – April 7, 2005 – Nextel Partners, Inc. (NASDAQ: NXTP), which has the exclusive right to offer Nextel wireless services in the mid-sized and rural markets it serves, and TowerCo, Inc. today announced an agreement for the purchase, construction, and ownership of 300 cell towers.

The agreement covers TowerCo’s purchase of up to 92 existing Nextel Partners’ towers, predominantly in the company’s North, Southeast and Midwest operating areas. Nextel Partners has also granted TowerCo exclusive rights to build or buy future towers to reach a combined total of 300 towers by the end of 2008. Terms of the agreement were not disclosed.

“Nextel Partners has a strong track record of success. Part of our growth is a direct result of continued efforts to enhance our network and maintain the quality service our customers expect,” said John Chapple, Chairman, CEO and President of Nextel Partners. “Nextel Partners remains committed to striving for 100 percent customer satisfaction in all aspects of our business; this agreement will help us achieve those goals.”

“Our management team’s industry experience and commitment to reliable customer service enabled this agreement to come to fruition,” said Richard J. Byrne, CEO of TowerCo. “We look forward to helping Nextel Partners continue its impressive growth.”

About Nextel Partners

Nextel Partners, Inc. (NASDAQ:NXTP), based in Kirkland, Wash., has exclusive rights to offer the same fully integrated, digital wireless communications services offered by Nextel Communications, Inc. (Nextel) in mid-sized and rural markets in 31 states where approximately 54 million people reside. Nextel Partners and Nextel together offer the largest guaranteed all-digital wireless network in the country serving 297 of the top 300 U.S. markets. To learn more about Nextel Partners, visit

About TowerCo, Inc.

Based in Cary, NC, TowerCo focuses on the development, leasing and management of communication towers. TowerCo was launched on September 2004 on the strength of a commitment for up to $50 million in equity financing from Tailwind Capital Partners. Formed by industry veterans Richard Byrne, Chief Executive Officer, and Scot Lloyd, Chief Operating Officer, TowerCo seeks to meet the infrastructure needs of wireless services providers and others by developing new tower sites in the U.S. TowerCo's headquarters are located at 100 Towerview Court, Cary, N.C. 27513. Telephone: 919-469-5559. To learn more about TowerCo, visit