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Exhibit 10.2
PrimeCo PCS, L.P.
c/o Bell Atlantic Corporation
1717 Arch Street, 29th Floor
Philadelphia, Pennsylvania 19103
June 16, 2000
Via Facsimile No. 540-956-3595;
Hard Copy to follow via FedEx Overnight Delivery
Mr. Warren Catlett
Virginia RSA 6 Cellular Limited Partnership
c/o CFW Communications Company
401 Spring Lane, Suite 300
Waynesboro, Virginia 22980
Re: Asset Exchange Agreement between PrimeCo PCS, L.P. ("PrimeCo
PCS") and Virginia RSA 6 Cellular Limited Partnership
("Va-6LP"), dated May 17, 2000 (the "Agreement")
Dear Mr. Catlett:
In light of the recent approval of the Bell/GTE Merger (as that term is
defined in the Agreement) by the Federal Communications Commission, and in
consideration of Va-6LP's undertaking to attempt to expedite the High Yield
Issuance, PrimeCo PCS hereby waives the condition precedent to closing set forth
in Section 5.2.5 of the Agreement.
Sincerely,
PRIMECO PCS, L.P.
s/ Michael J. Polosky
Title: President/CEO
cc: David Carter (via facsimile no. 404-888-4190)
Susan Asch (via facsimile no. 215-963-9195)
Steve Smith (via facsimile no. 215-557-7249)