CONSHOHOCKEN, Pa.-UbiquiTel Inc. subsidiary UbiquiTel Operating Co. said it has waived certain eligibility requirements in regards to its pending offer to exchange up to $56.25 million aggregate principal amount of its 14 percent Senior Discount Notes due May 15, 2010 for up to $225 million principal amount of its outstanding 14 percent Senior Subordinated Discount Notes due April 15, 2010.
The change extends the participation date from Feb. 5 to Feb. 21 for eligible holders to tender their existing in order to be eligible to receive $50 in cash for each $1,000 principal amount of existing notes tendered and accepted.
