NEW YORK-PriCellular Corp. announced it has exercised an option to acquire 83 percent of the Dutchess County major service area from United States Cellular Corp.
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The MSA includes the city of Poughkeepsie and has about 263,000 pops. PriCellular said Dutchess County MSA abuts New York rural service area-6, which is also the subject of a pending acquisition by PriCellular. The MSA was acquired with cash and a note totaling about $178 per pop, with half paid in cash and the balance in a three-year prime note with a bullet maturity.