<Page>
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                            ------------------------

                                   FORM 10-Q

<Table>
<C>        <S>
   /X/     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
           SECURITIES EXCHANGE ACT OF 1934
</Table>

                  FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2001

<Table>
<C>        <S>
   / /     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
           SECURITIES EXCHANGE ACT OF 1934
</Table>

        FOR THE TRANSITION PERIOD FROM ______________ TO ______________

                         COMMISSION FILE NO. 000-29225

                            ------------------------

                       DOBSON COMMUNICATIONS CORPORATION
             (Exact name of registrant as specified in its charter)

<Table>
<S>                                            <C>
                  OKLAHOMA                                      73-1513309
       (State or other jurisdiction of                       (I.R.S. Employer
       incorporation or organization)                       Identification No.)

             14201 WIRELESS WAY
           OKLAHOMA CITY, OKLAHOMA                                 73134
  (Address of principal executive offices)                      (Zip Code)
</Table>

                                 (405) 529-8500
              (Registrant's telephone number, including area code)

                            ------------------------

    Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes /X/  No / /

    As of August 3, 2001, there were 28,916,719 shares of the registrant's $.001
par value Class A Common Stock outstanding, 65,311,716 shares of the
registrant's $.001 par value Class B Common Stock outstanding and 241 shares of
the registrant's $.001 par value Class C Common Stock outstanding.

--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
<Page>
               DOBSON COMMUNICATIONS CORPORATION AND SUBSIDIARIES

                               INDEX TO FORM 10-Q

<Table>
<Caption>
        ITEM
       NUMBER                                                                           PAGE
       ------                                                                         --------
<C>                     <S>                                                           <C>
                                PART I. FINANCIAL INFORMATION

          1             Condensed Consolidated Financial Statements (Unaudited):
                        Condensed Consolidated Balance Sheets as of June 30, 2001
                          and December 31, 2000.....................................      3
                        Condensed Consolidated Statements of Operations for the
                          Three and Six Months Ended June 30, 2001 and 2000.........      4
                        Condensed Consolidated Statement of Comprehensive Loss and
                          Stockholders' Equity (Deficit) for the Six Months Ended
                          June 30, 2001.............................................      5
                        Condensed Consolidated Statements of Cash Flows for the Six
                          Months Ended June 30, 2001 and 2000.......................      6
                        Notes to Condensed Consolidated Financial Statements........      7
          2             Management's Discussion and Analysis of Financial Condition
                          and Results of Operations.................................     12
          3             Quantitative and Qualitative Disclosure about Market Risk...     22

                                  PART II. OTHER INFORMATION

          1             Legal Proceedings...........................................     23
          2             Changes in Securities and Use of Proceeds...................     23
          3             Defaults Upon Senior Securities.............................     23
          4             Submission of Matters to a Vote of Security Holders.........     23
          5             Other Information...........................................     23
          6             Exhibits and Reports on Form 8-K............................     23
</Table>

                                       2
<Page>
                         PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

               DOBSON COMMUNICATIONS CORPORATION AND SUBSIDIARIES

                     CONDENSED CONSOLIDATED BALANCE SHEETS

                                  (UNAUDITED)

<Table>
<Caption>
                                                                 JUNE 30,       DECEMBER 31,
                                                                   2001             2000
                                                              --------------   --------------
<S>                                                           <C>              <C>
                                           ASSETS
CURRENT ASSETS:
  Cash and cash equivalents.................................  $  200,770,892   $  149,036,507
  Restricted cash and investments...........................      14,565,375       26,153,677
  Accounts receivable, net..................................      94,845,667       82,554,626
  Accounts receivable-affiliate.............................      17,019,508       11,805,894
  Inventory.................................................      11,320,637       12,787,211
  Other current assets......................................       8,128,351        5,977,594
                                                              --------------   --------------
    Total current assets....................................     346,650,430      288,315,509
                                                              --------------   --------------
PROPERTY, PLANT AND EQUIPMENT, net..........................     354,262,668      329,296,883
                                                              --------------   --------------
OTHER ASSETS:
  Receivables-affiliates....................................       7,205,601       14,833,607
  Wireless license acquisition costs, net...................   1,420,387,482    1,472,067,523
  Deferred costs, net.......................................      74,711,367       79,666,930
  Other intangibles, net....................................      44,196,967       52,074,622
  Investment in joint venture...............................     336,268,469      332,878,306
  Deposits..................................................     109,214,800       50,000,000
  Other.....................................................       9,616,572       12,074,330
                                                              --------------   --------------
    Total other assets......................................   2,001,601,258    2,013,595,318
                                                              --------------   --------------
      Total assets..........................................  $2,702,514,356   $2,631,207,710
                                                              ==============   ==============

                       LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY
CURRENT LIABILITIES:
  Accounts payable..........................................  $   78,736,009   $   85,364,968
  Accrued expenses..........................................      34,796,933       36,082,423
  Deferred revenue and customer deposits....................      14,412,756       12,943,192
  Current portion of long-term debt.........................      39,505,674       32,443,391
  Accrued dividends payable.................................      18,418,199       12,956,332
                                                              --------------   --------------
    Total current liabilities...............................     185,869,571      179,790,306
                                                              --------------   --------------
OTHER LIABILITES:
  Long-term debt, net of current portion....................   1,637,774,960    1,657,632,386
  Deferred tax liabilities..................................     125,828,058      150,714,779
  Minority interest.........................................      22,835,125       21,341,974
  Other non-current liabilities.............................      12,785,118        1,811,406
  Preferred stock, net......................................     754,597,853      519,809,442
  Commitments (Note 9)
STOCKHOLDERS' (DEFICIT) EQUITY:
  Class A Common Stock, $.001 par value, 175,000,000
    authorized and 28,916,719 and 27,970,647 shares issued
    at June 30, 2001 and December 31, 2000, respectively....          28,917           27,971
  Class B Common Stock, $.001 par value, 70,000,000 shares
    authorized and 65,311,716 shares issued at June 30, 2001
    and December 31, 2000...................................          65,312           65,312
  Class C Common Stock, $.001 par value, 4,226 shares
    authorized and 241 and 0 shares issued at June 30, 2001
    and December 31, 2000, respectively.....................              --               --
  Class D Common Stock, $.001 par value, 33,000 shares
    authorized and 0 and 4,832 shares issued at June 30,
    2001 and December 31, 2000, respectively................              --                5
  Paid-in capital...........................................     614,960,894      614,333,820
  Retained deficit..........................................    (631,287,133)    (514,319,691)
  Accumulated comprehensive loss............................     (20,944,319)              --
                                                              --------------   --------------
    Total stockholders' (deficit) equity....................     (37,176,329)     100,107,417
                                                              --------------   --------------
      Total liabilities and stockholders' (deficit)
       equity...............................................  $2,702,514,356   $2,631,207,710
                                                              ==============   ==============
</Table>

  The accompanying notes are an integral part of these condensed consolidated
                             financial statements.

                                       3
<Page>
               DOBSON COMMUNICATIONS CORPORATION AND SUBSIDIARIES

                CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

                                  (UNAUDITED)

<Table>
<Caption>
                                                               THREE MONTHS ENDED              SIX MONTHS ENDED
                                                                    JUNE 30,                       JUNE 30,
                                                           ---------------------------   -----------------------------
                                                               2001           2000           2001            2000
                                                           ------------   ------------   -------------   -------------
<S>                                                        <C>            <C>            <C>             <C>
OPERATING REVENUES:
  Service revenue........................................  $ 88,642,219   $ 66,845,616   $ 169,522,083   $ 123,172,188
  Roaming revenue........................................    75,713,515     55,527,372     138,437,106      99,324,652
  Equipment and other revenue............................     6,964,204      6,296,599      13,236,162      11,525,376
                                                           ------------   ------------   -------------   -------------
    Total operating revenues.............................   171,319,938    128,669,587     321,195,351     234,022,216
                                                           ------------   ------------   -------------   -------------
OPERATING EXPENSES:
  Cost of service........................................    46,503,641     29,205,927      87,608,130      52,229,099
  Cost of equipment......................................    13,972,599     11,231,786      29,070,229      22,554,964
  Marketing and selling..................................    21,068,561     16,988,248      41,657,488      33,621,818
  General and administrative.............................    22,076,646     17,884,736      43,375,359      33,911,821
  Depreciation and amortization..........................    51,678,869     42,881,137     102,229,539      78,095,563
                                                           ------------   ------------   -------------   -------------
    Total operating expenses.............................   155,300,316    118,191,834     303,940,745     220,413,265
                                                           ------------   ------------   -------------   -------------
OPERATING INCOME.........................................    16,019,622     10,477,753      17,254,606      13,608,951
OTHER INCOME (EXPENSE):
  Interest expense.......................................   (42,231,629)   (34,948,776)    (85,320,189)    (66,139,573)
  Other income, net......................................     2,894,690      2,114,028       6,720,230       4,981,561
                                                           ------------   ------------   -------------   -------------
LOSS BEFORE MINORITY INTERESTS IN INCOME OF SUBSIDIARIES,
  INCOME TAXES AND EXTRAORDINARY ITEMS...................   (23,317,317)   (22,356,995)    (61,345,353)    (47,549,061)
MINORITY INTERESTS IN INCOME OF SUBSIDIARIES.............    (1,646,131)    (1,236,398)     (3,463,693)     (2,297,051)
LOSS FROM INVESTMENT IN JOINT VENTURE, net of income tax
  benefit of $5,822,751, $2,948,985, $13,599,067, and
  $4,744,615 for the three months ended June 30, 2001 and
  2000, and the six months ended June 30, 2001 and 2000,
  respectively...........................................   (16,415,284)   (12,118,677)    (35,760,914)    (17,959,607)
                                                           ------------   ------------   -------------   -------------
LOSS BEFORE INCOME TAXES AND EXTRAORDINARY ITEMS.........   (41,378,732)   (35,712,070)   (100,569,960)    (67,805,719)
INCOME TAX BENEFIT.......................................     9,486,108      8,965,491      24,608,441      18,941,525
                                                           ------------   ------------   -------------   -------------
LOSS BEFORE EXTRAORDINARY ITEMS..........................   (31,892,624)   (26,746,579)    (75,961,519)    (48,864,194)
EXTRAORDINARY EXPENSE, net of income tax benefit of
  $12,495,341 for the six months ended June 30, 2000.....            --             --              --     (20,387,134)
                                                           ------------   ------------   -------------   -------------
NET LOSS.................................................   (31,892,624)   (26,746,579)    (75,961,519)    (69,251,328)
DIVIDENDS ON PREFERRED STOCK.............................   (21,515,777)   (16,563,607)    (41,005,923)    (91,971,129)
                                                           ------------   ------------   -------------   -------------
NET LOSS APPLICABLE TO COMMON STOCKHOLDERS...............  $(53,408,401)  $(43,310,186)  $(116,967,442)  $(161,222,457)
                                                           ============   ============   =============   =============

BASIC NET LOSS APPLICABLE TO COMMON STOCKHOLDERS PER
  COMMON SHARE:
  Before extraordinary expense...........................  $      (0.56)  $      (0.46)  $       (1.24)  $       (1.66)
  Extraordinary expense..................................            --             --              --           (0.24)
                                                           ------------   ------------   -------------   -------------
BASIC NET LOSS APPLICABLE TO COMMON STOCKHOLDERS PER
  COMMON SHARE...........................................  $      (0.56)  $      (0.46)  $       (1.24)  $       (1.90)
                                                           ============   ============   =============   =============
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING.........    94,234,678     93,532,473      94,151,058      84,985,029
                                                           ============   ============   =============   =============
</Table>

  The accompanying notes are an integral part of these condensed consolidated
                             financial statements.

                                       4
<Page>
               DOBSON COMMUNICATIONS CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE LOSS AND STOCKHOLDERS' EQUITY
                                   (DEFICIT)

                     FOR THE SIX MONTHS ENDED JUNE 30, 2001

                                  (UNAUDITED)
<Table>
<Caption>
                         COMPREHENSIVE
                              LOSS                           STOCKHOLDERS' EQUITY (DEFICIT)
                         --------------   --------------------------------------------------------------------
                                                 CLASS A                 CLASS B                CLASS D
                                              COMMON STOCK            COMMON STOCK            COMMON STOCK
                                          ---------------------   ---------------------   --------------------
                                            SHARES      AMOUNT      SHARES      AMOUNT     SHARES     AMOUNT
                                          ----------   --------   ----------   --------   --------   ---------
<S>                      <C>              <C>          <C>        <C>          <C>        <C>        <C>
December 31, 2000......                   27,970,647   $27,971    65,311,716   $65,312      4,832    $      5
  Net loss.............   $(75,961,519)           --        --            --        --         --          --
  Issuance of common
    stock..............             --       946,072       946            --        --     (4,832)         (5)
  Preferred stock
    dividends..........             --            --        --            --        --         --          --
  Transition adjustment
    for implementation
    of SFAS 133........    (11,906,254)           --        --            --        --         --          --
  Loss on hedge
    transactions.......     (9,038,065)           --        --            --        --         --          --
                          ------------    ----------   -------    ----------   -------     ------    ---------
June 30, 2001..........   $(96,905,838)   28,916,719   $28,917    65,311,716   $65,312         --    $     --
                          ============    ==========   =======    ==========   =======     ======    =========

<Caption>

                                                    STOCKHOLDERS' EQUITY (DEFICIT)
                         -------------------------------------------------------------------------------------
                                CLASS C                                                              TOTAL
                             COMMON STOCK                                        ACCUMULATED     STOCKHOLDERS'
                         ---------------------     PAID-IN        RETAINED      COMPREHENSIVE       EQUITY
                          SHARES      AMOUNT       CAPITAL         DEFICIT           LOSS          (DEFICIT)
                         --------   ----------   ------------   -------------   --------------   -------------
<S>                      <C>        <C>          <C>            <C>             <C>              <C>
December 31, 2000......     --      $      --    $614,333,820   $(514,319,691)   $         --    $100,107,417
  Net loss.............     --             --              --     (75,961,519)             --     (75,961,519)
  Issuance of common
    stock..............    241             --         627,074              --              --         628,015
  Preferred stock
    dividends..........     --             --              --     (41,005,923)             --     (41,005,923)
  Transition adjustment
    for implementation
    of SFAS 133........     --             --              --              --     (11,906,254)    (11,906,254)
  Loss on hedge
    transactions.......     --             --              --              --      (9,038,065)     (9,038,065)
                           ---      ----------   ------------   -------------    ------------    ------------
June 30, 2001..........    241      $      --    $614,960,894   $(631,287,133)   $(20,944,319)   $(37,176,329)
                           ===      ==========   ============   =============    ============    ============
</Table>

  The accompanying notes are an integral part of these condensed consolidated
                             financial statements.

                                       5
<Page>
               DOBSON COMMUNICATIONS CORPORATION AND SUBSIDIARIES

                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

                                  (UNAUDITED)

<Table>
<Caption>
                                                                SIX MONTHS ENDED JUNE 30,
                                                              ------------------------------
                                                                  2001             2000
                                                              -------------   --------------
<S>                                                           <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss before extraordinary items.......................  $ (75,961,519)  $  (48,864,194)
  Adjustments to reconcile net loss to net cash provided by
    operating activities--
    Depreciation and amortization...........................    102,229,539       78,095,563
    Amortization of bond (discount) premium and financing
     cost...................................................      5,460,786        5,068,494
    Deferred income taxes and investment tax credits, net...    (24,886,721)     (18,935,927)
    Minority interests in income of subsidiaries............      3,463,693        2,297,051
    Loss from investment in joint venture...................     35,760,914       17,959,607
    Other...................................................        553,960          (13,055)
  Changes in current assets and liabilities--
    Accounts receivable.....................................    (17,504,655)     (23,948,929)
    Other current assets....................................     (1,345,881)      (3,962,758)
    Accounts payable........................................     (4,741,247)       9,720,970
    Accrued expenses........................................     (1,285,490)       5,154,490
    Deferred revenue and customer deposits..................      1,469,564        3,752,998
                                                              -------------   --------------
      Net cash provided by operating activities.............     23,212,943       26,324,310
                                                              -------------   --------------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Capital expenditures......................................    (69,315,750)     (61,918,498)
  Acquisitions..............................................             --     (293,040,150)
  Investment in joint venture...............................    (51,413,783)    (382,500,000)
  Deposits..................................................    (59,214,800)              --
  Decrease (increase) in receivables--affiliate.............      7,615,534       (1,140,802)
  Proceeds from sale of assets..............................         26,133        2,268,042
  Other investing activities................................      3,961,645       (2,191,574)
                                                              -------------   --------------
      Net cash used in investing activities.................   (168,341,021)    (738,522,982)
                                                              -------------   --------------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from long-term debt..............................    359,000,000    1,177,735,000
  Repayments of long-term debt..............................   (371,900,629)    (751,727,636)
  Distribution to partners..................................     (1,970,542)              --
  Proceeds from equity offering.............................             --      545,365,158
  Proceeds from common stock................................        640,487               --
  Issuance of preferred stock...............................    200,000,000               --
  Redemption of preferred stock.............................             --      (53,295,725)
  Deferred financing costs..................................       (401,207)     (26,921,258)
  Premium on redemption of Senior Notes.....................             --      (23,869,310)
  Maturities of restricted investments, net of interest.....     12,250,000       10,870,000
  Other financing activities................................       (755,646)          89,459
                                                              -------------   --------------
      Net cash provided by financing activities.............    196,862,463      878,245,688
                                                              -------------   --------------
NET INCREASE IN CASH AND CASH EQUIVALENTS...................     51,734,385      166,047,016
CASH AND CASH EQUIVALENTS, beginning of period..............    149,036,507        4,251,104
                                                              -------------   --------------
CASH AND CASH EQUIVALENTS, end of period....................  $ 200,770,892   $  170,298,120
                                                              =============   ==============
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
  Cash paid for--
    Interest, net of amounts capitalized....................  $  83,155,315   $   58,216,133
SUPPLEMENTAL DISCLOSURES OF NON CASH INVESTING AND FINANCING
  ACTIVITIES:
  Conversion of Class D Preferred Stock to old Class A
    Common Stock............................................             --   $   58,200,000
  Conversion of Class D Preferred Stock to Class E Preferred
    Stock and old Class A Common Stock......................             --   $   46,610,325
  Stock dividend paid through the issuance of preferred
    stock...................................................  $  41,005,923   $   91,971,129
</Table>

  The accompanying notes are an integral part of these condensed consolidated
                             financial statements.

                                       6
<Page>
               DOBSON COMMUNICATIONS CORPORATION AND SUBSIDIARIES

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

                                  (UNAUDITED)

    The condensed consolidated balance sheets of Dobson Communications
Corporation ("DCC") and subsidiaries (collectively with DCC, the "Company") as
of June 30, 2001 and December 31, 2000, the condensed consolidated statements of
operations for the three and six months ended June 30, 2001 and 2000, the
condensed consolidated statement of comprehensive loss and stockholders' equity
(deficit) for the six months ended June 30, 2001 and the condensed consolidated
statements of cash flows for the six months ended June 30, 2001 and 2000, are
unaudited. In the opinion of management, such financial statements include all
adjustments, consisting only of normal recurring adjustments necessary for a
fair presentation of financial position, results of operations, and cash flows
for the periods presented.

    The condensed consolidated balance sheet data at December 31, 2000 was
derived from audited financial statements, but does not include all disclosures
required by generally accepted accounting principles. The financial statements
presented herein should be read in connection with the Company's December 31,
2000 consolidated financial statements included in the Company's Annual Report
on Form 10-K/A for the fiscal year ended December 31, 2000.

1.  ORGANIZATION

    The Company, through its predecessors, was organized in 1936 as Dobson
Telephone Company and adopted its current organizational structure in 2000. The
Company is a provider of rural and suburban wireless telephone services.

2.  ACQUISITIONS

    On January 31, 2000, the Company completed the purchase of Alaska 3 RSA for
approximately $12.0 million. Alaska 3 is located in the southeast portion of
Alaska and has a total population of approximately 74,000.

    On February 11, 2000, the Company completed the purchase of Michigan 3 RSA
for approximately $97.0 million. Michigan 3 is located in northwest Michigan and
has a total population of approximately 166,000.

    On February 17, 2000, the Company completed the purchase of Alaska 1 RSA for
approximately $16.0 million. Alaska 1 is located in east central Alaska,
covering the Fairbanks area, with a population of approximately 113,000.

    On February 25, 2000, the Company and AT&T Wireless, through our
equally-owned joint venture, acquired American Cellular Corporation for
approximately $2.5 billion, including fees and expenses. American Cellular's
systems cover a population of approximately 5.1 million. American Cellular
serves markets in portions of Illinois, Kansas, Kentucky, Michigan, Minnesota,
New York, Ohio, Oklahoma, Pennsylvania, Tennessee, West Virginia and Wisconsin.

    On March 3, 2000, the Company completed the purchase of Michigan 10 RSA for
approximately $34.0 million. Michigan 10 is located in the eastern portion of
the lower-peninsula of Michigan. The Michigan 10 market area, which is mostly
surrounded by Saginaw Bay and Lake Huron, has an estimated total population of
approximately 138,000.

    On May 1, 2000, the Company completed the purchase of Texas 9 RSA for
approximately $125.0 million. Texas 9 is located between Dallas/Fort Worth and
Abilene and adjoins the Company's Texas 10 property. It has a population base of
approximately 191,000 and encompasses the towns of Brownwood, Stephenville,
Hamilton and Hillsboro.

    On July 17, 2000 the Company completed the purchase of Missouri 2 RSA for
$7.0 million, consisting of Harrison, Grundy, Sullivan, Mercer and Putnam
Counties (or portions thereof) in

                                       7
<Page>
Missouri. On October 2, 2000, the Company sold Putnam and Sullivan Counties in
Missouri 2 RSA to USCOC of Missouri RSA #5, Inc. for approximately
$2.0 million.

    On September 21, 2000, the Company completed the purchase of Oklahoma 6 RSA
for approximately $72.0 million. The total population base for the Oklahoma 6
RSA is approximately 221,000. The Oklahoma 6 RSA covers seven counties in
central and eastern Oklahoma, including the cities of Henryetta, McAlester,
Muskogee, Okmulgee and Seminole.

    On November 1, 2000, the Company completed the purchase of Georgia 1 RSA for
approximately $70.0 million. Georgia 1 covers eight counties in north and
central Georgia, and covers an estimated population base of approximately
237,000.

    The acquisition transactions were accounted for as purchases, and
accordingly, their results of operations have been included in the accompanying
condensed consolidated statements of operations from the respective dates of
acquisition. The unaudited pro forma information set forth below includes all
acquisitions that occurred during 2000, as if the purchases occurred at the
beginning of the period presented. The unaudited pro forma information is
presented for informational purposes only and is not necessarily indicative of
the results of operations that actually would have been achieved had the
acquisitions been consummated at that time:

<Table>
<Caption>
                                             THREE MONTHS ENDED    SIX MONTHS ENDED
                                                JUNE 30, 2000        JUNE 30, 2000
                                             -------------------   -----------------
                                             ($ IN THOUSANDS, EXCEPT PER SHARE DATA)
<S>                                          <C>                   <C>
Operating revenue..........................       $137,551              $ 257,217
Net loss...................................        (32,385)               (86,752)
Net loss applicable to common
  stockholders.............................        (48,948)              (178,723)
Basic net loss applicable to common
  stockholders per common share............       $  (0.52)             $   (2.10)
</Table>

3.  INVESTMENT IN UNCONSOLIDATED PARTNERSHIP

    The Company owns a 50% interest in American Cellular Corporation. This
investment is accounted for on the equity method. The following is a summary of
the significant financial information for American Cellular as of June 30, 2001:

<Table>
<Caption>
                                                               JUNE 30, 2001
                                                              ----------------
                                                              ($ IN THOUSANDS)
<S>                                                           <C>
Current assets..............................................     $  152,909
Property, plant and equipment, net..........................        213,641
Intangible assets, net......................................      2,385,824
Other assets................................................         63,551
Current liabilities.........................................        114,057
Long-term debt, net of current portion......................      1,809,205
Other liabilities...........................................        290,126
Shareholders' equity........................................        602,537
</Table>

<Table>
<Caption>
                                             THREE MONTHS ENDED   SIX MONTHS ENDED
                                               JUNE 30, 2001       JUNE 30, 2001
                                             ------------------   ----------------
                                                       ($ IN THOUSANDS)
<S>                                          <C>                  <C>
Operating revenue..........................       $114,276            $211,678
Operating loss.............................         (1,529)            (14,871)
Net loss...................................        (32,831)            (71,522)
</Table>

    On June 29, 2001, the Company made a $35.0 million equity investment in
American Cellular. The terms of this investment have not been finalized, but the
parties have agreed in principle that the investment will take the form of
non-voting preferred stock.

                                       8
<Page>
4.  LONG-TERM DEBT

    The Company's long-term debt consists of the following:

<Table>
<Caption>
                                               JUNE 30, 2001    DECEMBER 31, 2000
                                               --------------   ------------------
<S>                                            <C>              <C>
Revolving credit facilities..................  $1,178,949,254     $1,188,449,254
Dobson/Sygnet Senior Notes...................     200,000,000        200,000,000
DCC 10.875% Senior Notes, net of discount....     297,951,404        297,845,918
DCC 11.75% Senior Notes......................         340,000            340,000
Other notes payable..........................          39,976          3,440,605
                                               --------------     --------------
  Total debt.................................   1,677,280,634      1,690,075,777
Less--Current maturities.....................      39,505,674         32,443,391
                                               --------------     --------------
  Total long term debt.......................  $1,637,774,960     $1,657,632,386
                                               ==============     ==============
</Table>

OTHER NOTES PAYABLE

    Other notes payable as of December 31, 2000, represents the amount financed
with the United States Government for nine PCS licenses. On January 3, 2001, the
Company completed the sale of seven PCS licenses for approximately $1.1 million
plus the reimbursement of $0.7 million for all interest and principal actually
paid by the Company from the date of the agreement through the closing date of
the sale. The Company's outstanding debt balance for these licenses totaled
$3.4 million at December 31, 2000 and was assumed by the buyers at the
completion of this sale.

INTEREST RATE HEDGES

    The Company pays interest on its bank credit facilities based on a variable
factor, such as LIBOR or prime rate. The Company will from time to time enter
into derivative contracts to reduce exposure against rising interest rates.

    The Company has entered into a $135 million derivative contract on the
Dobson Operating Co., L.L.C. ("DOC LLC") Credit Facility whereby the interest
rate ranges from a cap of 8.5% to a floor of 7.0% plus a factor based on
DOC LLC's leverage. The agreement expires in March 2002. Additionally, the
Company has entered into a $165 million derivative contract on the DOC LLC
Credit Facility whereby the interest rate has a cap of 8.5% plus a factor based
on DOC LLC's leverage. The agreement expires in March 2002. DOC LLC also had an
interest rate cap agreement of $160 million on its DOC LLC Credit Facility that
expired on June 14, 2001. Under that agreement the maximum rate the Company paid
on the $160 million of its DOC LLC Credit Facility was 7.5% plus a factor based
on the Company's leverage.

    On January 1, 2001, in accordance with SFAS 133, the Company recorded a
liability and a net loss to comprehensive income totaling $4.0 million relating
to our interest rate hedges. In addition, the Company recognized a net loss to
comprehensive income totaling $7.9 million relating to its interest rate hedges
for its 50% owned unconsolidated subsidiary, American Cellular. As of June 30,
2001, the Company's liability and cumulative net loss to comprehensive income
grew to $8.7 million as a result of the decline in interest rates. Also,
cumulative net loss to comprehensive income recorded for the Company's interest
in its unconsolidated subsidiary, American Cellular, grew to $12.2 million.

5.  RESTRICTED CASH AND INVESTMENTS:

    Restricted cash and investments consist of interest pledge deposits for the
Dobson/Sygnet Senior Notes. The Dobson/Sygnet Senior Notes interest pledge
deposit includes the initial deposit of $67.7 million, net of interest earned
and payments issued to bondholders. Amortization expense of $152,985 and
$288,310 was recorded for the six months ended June 30, 2001 and 2000,
respectively, for bond premiums recorded with the purchase of the restricted
investments.

                                       9
<Page>
6.  DEPOSITS:

    On January 26, 2001, the FCC completed an auction of 10MHz and 15MHz
licenses in the C and F Blocks in a number of markets. Through one of its
wholly-owned subsidiaries, the Company was a winning bidder on 14 of the
auctioned licenses representing an estimated total population of 19.3 million.
The FCC is currently considering that subsidiary's post-auction application for
grant of those licenses, as well as legal challenges to this application. If the
Company's subsidiary is granted all 14 licenses, the total cost will be
$546.1 million. However, the United States Court of Appeals for the District of
Columbia Circuit recently ruled that the FCC did not have the authority to
auction certain of those licenses, including 11 of the 14 licenses for which the
Company's subsidiary was the successful bidder. These 11 licenses represent
$536.5 million of the total amount that the Company's subsidiary bid. If the
decision of the Court of Appeals becomes final or is upheld on appeal, it is
unlikely that the Company's subsidiary will be granted any of those 11 licenses.
Included on the Company's balance sheet are deposits totaling $109.2 million and
$50.0 million at June 30, 2001 and December 31, 2000, respectively, related to
these licenses.

7.  STOCKHOLDERS' EQUITY:

    On January 1, 2001, in accordance with SFAS 133 (as described in Note 4),
the Company recorded a liability and a net loss to comprehensive income
representing the Company's total liability for its interest rate hedges.

    On February 8, 2001 the Company issued 200,000 shares of its Series AA
Preferred Stock, par value $1.00 per share ("Series AA Preferred Stock") to AT&T
Wireless for aggregate cash proceeds of $200.0 million. Each share of Series AA
Preferred Stock is entitled to cumulative annual dividends of 5.96% on the
liquidation preference of $1,000 per share, subject to certain adjustments.
Dividends will accrue but will not be payable until the fifth anniversary of the
issuance of the Series AA Preferred Stock. Each share of Series AA Preferred
Stock is mandatorily exchangeable for one share of the Company's Series A
Convertible Preferred Stock, par value $1.00 per share. Each share of the
Company's Series A Convertible Preferred Stock is convertible into the Company's
Class A Common Stock at a conversion rate of $25.35 per share.

    The Company recorded preferred stock dividends of $41.0 million for the six
months ended June 30, 2001 consisting of approximately $36.3 million of
dividends on its 12.25% and 13% Senior Exchangeable Preferred Stock through the
issuance of additional shares of such Preferred Stock and $4.7 million of
dividends on its Series AA Preferred Stock.

    As of June 30, 2001, the Company's authorized and outstanding capital stock
is as follows:
<Table>
<Caption>

                                                         NO. OF        PAR
                                           NO. OF        SHARES       VALUE                         LIQUIDATION
                                           SHARES      ISSUED AND      PER                          PREFERENCE       REDEMPTION
CLASS                       TYPE         AUTHORIZED    OUTSTANDING    SHARE         DIVIDENDS        PER SHARE          DATE
-----                  ---------------   -----------   -----------   --------   -----------------   -----------   ----------------
<S>                    <C>               <C>           <C>           <C>        <C>                 <C>           <C>
Class A..............  Common Stock      175,000,000   28,916,719     $.001           As declared           --                  --
Class B..............  Common Stock       70,000,000   65,311,716     $.001           As declared           --                  --
Class C..............  Common Stock            4,226          241     $.001           As declared           --                  --
Class D..............  Common Stock           33,000           --     $.001           As declared           --                  --
                                         -----------   ----------
                                         245,037,226   94,228,676
                                         -----------   ----------
Series AA............  Preferred Stock       200,000      200,000     $1.00      5.96% Cumulative    $   1,000        Feb. 8, 2011
Senior Exchangeable..  Preferred Stock       734,000      345,572     $1.00     12.25% Cumulative    $   1,000       Jan. 15, 2008
Senior Exchangeable..  Preferred Stock       500,000      220,106     $1.00        13% Cumulative    $   1,000         May 1, 2009
Class E..............  Preferred Stock        40,000           --     $1.00        15% Cumulative    $1,131.92       Dec. 23, 2010
Other................  Preferred Stock     4,526,000           --     $1.00                    --           --                  --
                                         -----------   ----------
                                           6,000,000      765,678
                                         ===========   ==========

<Caption>
                          OTHER
                        FEATURES,
                         RIGHTS,
                       PREFERENCES
CLASS                  AND POWERS
-----                  -----------
<S>                    <C>
Class A..............      Voting
Class B..............      Voting
Class C..............  Non-voting
Class D..............  Non-voting
Series AA............  Non-voting
Senior Exchangeable..  Non-voting
Senior Exchangeable..  Non-voting
Class E..............  Non-voting
Other................          --
</Table>

                                       10
<Page>
8.  NET LOSS PER COMMON SHARE

    Basic loss per share is computed by dividing income available to
shareholders (the numerator) by the weighted-average number shares (the
denominator) for the period. The computation of diluted loss per share is
similar to basic loss per share, except that the denominator is increased to
include the number of additional shares that would have been outstanding if the
potentially dilutive shares, such as options, had been issued. Diluted net loss
per common share has been omitted because the impact of stock options and
convertible preferred stock on the Company's net loss per common share is
anti-dilutive.

9.  COMMITMENTS

    Effective December 6, 1995 (as amended through June 30, 2000), the Company
entered into an equipment supply agreement in which the Company agreed to
purchase approximately $169.8 million of cell site and switching equipment
between June 24, 1997 and June 30, 2003 to update the wireless systems for newly
acquired and existing MSAs and RSAs. Of this commitment, approximately
$29.9 million remained at June 30, 2001.

    The Company entered into an additional equipment supply agreement with a
second vendor on January 13, 1998 (as amended through April 13, 2000). The
Company agreed to purchase approximately $131.0 million of cell site and
switching equipment between January 13, 1998 and January 13, 2002 to update the
wireless systems for newly acquired and existing MSAs and RSAs. Of this
commitment, approximately $20.8 million remained at June 30, 2001.

10. RECLASSIFICATIONS

    Certain items have been reclassified in the 2000 condensed consolidated
financial statements to conform to the current presentation.

11. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

    In July 2001, the Financial Accounting Standards Board issued Statements of
Financial Accounting Standards No. 141, "Business Combinations" and No. 142,
"Goodwill and Other Intangible Assets." These standards prohibit the application
of the pooling-of-interests method of accounting for business combinations
effective June 30, 2001 and require companies to stop amortizing existing
goodwill and intangible assets with indefinite lives effective January 1, 2002.
In addition, any goodwill or indefinite life intangible assets acquired between
July 1, 2001 and December 31, 2001 would not be amortized. Under the new rules,
companies would test for impairment of goodwill or indefinite life intangibles
at least annually and would only adjust the carrying amount of these intangible
assets upon an impairment of the goodwill or indefinite life intangible assets.
The Company has not yet determined the effect these new accounting standards may
have on its results of operations, financial position and cash flow. The Company
will be required to implement these standards effective January 1, 2002.

                                       11
<Page>
ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

    THE FOLLOWING DISCUSSION AND ANALYSIS PRESENTS FACTORS, WHICH WE BELIEVE ARE
RELEVANT TO AN ASSESSMENT AND UNDERSTANDING OF OUR CONSOLIDATED FINANCIAL
POSITION AND RESULTS OF OPERATIONS. THIS FINANCIAL AND BUSINESS ANALYSIS SHOULD
BE READ IN CONJUNCTION WITH OUR CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND
THE RELATED NOTES.

OVERVIEW

    We are one of the largest providers of rural and suburban wireless
communications systems in the United States. As of June 30, 2001, our systems
covered a total population of 7.1 million and we had approximately 705,500
subscribers, giving us an aggregate market penetration of approximately 10.0%.
We serve markets in portions of Alaska, Arizona, California, Georgia, Kansas,
Maryland, Michigan, Missouri, New York, Ohio, Oklahoma, Pennsylvania, Texas and
West Virginia.

    On February 25, 2000, we and AT&T Wireless Services, Inc., through our
equally-owned joint venture, acquired American Cellular for approximately
$2.5 billion, including fees and expenses. As of June 30, 2001, American
Cellular's systems covered a total population of approximately 5.1 million and
had approximately 608,800 subscribers, giving American Cellular an aggregate
market penetration of approximately 11.8%. American Cellular is managed by us
and serves markets with demographic characteristics similar to ours in portions
of Illinois, Kansas, Kentucky, Michigan, Minnesota, New York, Ohio, Oklahoma,
Pennsylvania, Tennessee, West Virginia and Wisconsin.

    We account for our interest in the American Cellular joint venture using the
equity method of accounting. As a result, we have reflected our 50% share of the
joint venture's equity in a single line item entitled "Investment in joint
venture" in our balance sheet and we have reflected our 50% share of the joint
venture's net income or losses in a single line item entitled "Loss from
investment in joint venture" in our statement of operations. To the extent that
the joint venture incurs losses in the future, our "Investment in joint venture"
will be reduced.

    Since 1996, we have completed 23 acquisitions of wireless licenses and
systems and related assets for an aggregate purchase price of $2.5 billion,
which includes our 50% share of the purchase price of American Cellular,
increasing the total population served by our systems and expanding the
geographical scope of our operations. Our recent acquisitions affect the
comparability of our historical results of operations for the periods discussed.

    The Federal Communications Commission recently concluded an auction of 10MHz
and 15 MHz licenses in the C and F blocks in a number of markets. Through one of
our wholly-owned subsidiaries we were the winning bidder for 14 of the auctioned
licenses representing an estimated total population of 19.3 million. The FCC is
currently considering our post-auction application for a grant of those
licenses, as well as legal challenges to this application. If our subsidiary is
granted all 14 licenses, our total cost will be $546.1 million. However, the
United States Court of Appeals for the District of Columbia Circuit recently
ruled that the FCC did not have the authority to auction certain of those
licenses, including 11 of the 14 licenses, which constitutes $536.5 million of
the total amount that we bid. If the decision of the Court of Appeals becomes
final or is upheld on appeal, it is unlikely that we will be granted any of
those 11 licenses.

REVENUE

    Our operating revenue consists of service revenue, roaming revenue,
equipment and other revenue.

    We primarily derive service revenue by providing wireless services to our
subscribers. The industry has experienced declining average revenue per minute
as competition among wireless service providers has led to reductions in rates
for airtime. These declines have been generally offset by significant increases
in average minutes of use per subscriber. We believe that the industry trend
toward increasing

                                       12
<Page>
minutes of use per subscriber will continue to offset declining revenues per
minute of use due to the continued popularity of single rate calling plans and
the enhanced service capacity of recently developed digital networks.

    We derive roaming revenue by providing service to subscribers of other
wireless providers when those subscribers "roam" into our markets and use our
systems to carry their calls. Roaming accounted for 44.2%, 43.2%, 43.1% and
42.5% of our operating revenue for the three months ended June 30, 2001 and
2000, and for the six months ended June 30, 2001 and 2000, respectively. Roaming
revenue typically yields higher average per minute rates and higher margins than
revenue from our subscribers. We achieve these higher margins because we incur
relatively lower incremental costs related to network operations, customer
service and collections in servicing roaming customers as compared to our home
subscribers. Our roaming yield (roaming revenue, which includes airtime, toll
charges and surcharges, divided by roaming minutes of use) was $.36, $.43, $.38,
and $.43 per minute for the three months ended June 30, 2001 and 2000, and for
the six months ended June 30, 2001 and 2000, respectively. Roaming revenue tends
to be impacted by seasonality. We typically have higher roaming revenue during
the second and third quarters of each year, as users tend to travel more and
therefore use their wireless phones more during the spring and summer months.
Despite the decline in our roaming yield, our overall roaming revenue increased
due to increases in roaming minutes of use.

    We include long-distance revenue in service revenue and roaming revenue.
Equipment revenue is revenue from selling wireless equipment to our subscribers.

COSTS AND EXPENSES

    Our primary operating expense categories include cost of service, cost of
equipment, marketing and selling costs, general and administrative costs and
depreciation and amortization.

    Our cost of service consists primarily of costs to operate and maintain our
facilities utilized in providing service to customers and amounts paid to
third-party wireless providers for providing service to our subscribers when our
subscribers roam into their markets.

    Our cost of equipment represents the cost associated with telephone
equipment and accessories sold to customers. In recent years, we and other
wireless providers have increased the use of discounts on phone equipment and
free phone promotions, as competition between service providers has intensified.
As a result, we have incurred, and expect to continue to incur, losses on
equipment sales, which have resulted in increased marketing and selling costs
per gross additional subscriber. While we expect to continue these discounts and
promotions, we believe that these promotions will result in increased revenue
from increases in the number of wireless subscribers.

    Our marketing and selling costs include advertising, compensation paid to
sales personnel and independent agents and all other costs to market and sell
wireless products and services. We pay commissions to direct sales personnel and
independent sales agents for new business generated.

    Our general and administrative costs include all infrastructure costs,
including costs for customer support, billing, collections, and corporate
administration.

    Our depreciation and amortization expense represents the costs associated
with the depreciation of our fixed assets and the amortization of our intangible
assets; primarily wireless license acquisition costs and customer lists.

RESULTS OF OPERATIONS

    In the text below, financial statement numbers have been rounded; however,
the percentage changes are based on the actual financial statement numbers.

                                       13
<Page>
    THREE MONTHS ENDED JUNE 30, 2001 COMPARED TO THREE MONTHS ENDED JUNE 30,
     2000

    OPERATING REVENUE.  For the three months ended June 30, 2001, total
operating revenue increased $42.6 million, or 33.1%, to $171.3 million from
$128.7 million for the comparable period in 2000. Total service, roaming and
equipment and other revenue represented 51.7%, 44.2% and 4.1%, respectively, of
total operating revenue during the three months ended June 30, 2001 and 51.9%,
43.2% and 4.9%, respectively, of total operating revenue during the three months
ended June 30, 2000.

    The following table sets forth the components of our operating revenue for
the periods indicated:

<Table>
<Caption>
                                                          THREE MONTHS ENDED
                                                               JUNE 30,
                                                          -------------------
                                                            2001       2000
                                                          --------   --------
                                                           ($ IN THOUSANDS)
<S>                                                       <C>        <C>
Operating Revenue:
  Service revenue.......................................  $ 88,642   $ 66,846
  Roaming revenue.......................................    75,714     55,527
  Equipment and other revenue...........................     6,964      6,297
                                                          --------   --------
    Total...............................................  $171,320   $128,670
                                                          ========   ========
</Table>

    Service revenue increased $21.8 million, or 32.6%, to $88.6 million in the
three months ended June 30, 2001 from $66.8 million in the same period of 2000.
In the second quarter of 2001, service revenue of $5.1 million was attributable
to markets acquired since June 30, 2000. The remaining increase of
$16.7 million was primarily attributable to increased penetration and usage in
the existing company markets. Our subscriber base increased 26.7% to
approximately 705,500 at June 30, 2001 from approximately 556,700 at June 30,
2000. At June 30, 2001, the subscriber base for markets we acquired since
June 30, 2000 totaled approximately 38,800. Our average monthly service revenue
per subscriber increased 4.9% to $43 for the three months ended June 30, 2001
from $41 for the comparable period in 2000. Our average monthly service revenue
per subscriber has been positively impacted by changes in the mix between
digital and analog subscribers in our subscriber base. On June 30, 2001, 60.7%
of our subscriber base was on digital rate plans compared to 18.5% at June 30,
2000. Our digital rate plans typically produce higher service revenue per
subscriber and allow subscribers to use more minutes in a larger home area than
our analog rate plans.

    Roaming revenue increased $20.2 million, or 36.4%, to $75.7 million in the
three months ended June 30, 2001 from $55.5 million for the comparable period of
2000. In the second quarter of 2001, roaming revenue of $7.5 million was
attributable to markets acquired since June 30, 2000. The remaining
$12.7 million was attributable to a 61% increase in roaming minutes in our
existing markets due to expanded coverage areas and increased usage in these
markets, offset by a 16% decline in our roaming revenue per minute-of-use.

    Equipment and other revenue of $7.0 million in the three months ended
June 30, 2001 represented an increase of $0.7 million, or 10.6%, from
$6.3 million in the same period of 2000, as we sold more equipment during the
three months ended June 30, 2001 as a result of growth in subscriber additions.

    COST OF SERVICE.  For the three months ended June 30, 2001, the total cost
of service increased $17.3 million, or 59.2% to $46.5 million from
$29.2 million for the comparable period in 2000. In the second quarter of 2001,
cost of service of $3.4 million was attributed to markets acquired since
June 30, 2000. As described with our service revenue above, on average, our
digital subscribers use more minutes than our analog subscribers. This increased
usage also increases the minutes used by our subscribers outside of our markets,
thus increasing the expenses we are charged by third-party wireless providers.
Our cost of service increased approximately $9.1 million due to increased
charges by third party wireless providers. The remaining increase of
$4.8 million was primarily the result of increased

                                       14
<Page>
networking costs associated with our increased build-out of cell sites and
continual upgrades to our digital network.

    COST OF EQUIPMENT.  For the three months ended June 30, 2001, cost of
equipment increased $2.8 million, or 24.4% to $14.0 million from $11.2 million
in the same period of 2000, primarily from increases in the volume of equipment
sold due to the growth in subscriber additions.

    MARKETING AND SELLING COSTS.  Marketing and selling costs increased
$4.1 million, or 24.0%, to $21.1 million for the three month period ended
June 30, 2001 from $17.0 million in the comparable period of 2000. This was a
result of an increase in gross subscriber additions. The number of gross
subscribers added in the second quarter of 2001 increased approximately 35.5% to
69,800, compared to approximately 51,500 added in the second quarter of 2000.

    GENERAL AND ADMINISTRATIVE COSTS.  General and administrative costs
increased $4.2 million, or 23.4%, to $22.1 million for the three month period
ended June 30, 2001 from $17.9 million for the same period in 2000. In the
second quarter of 2001 general and administrative costs of $1.3 million were
attributable to markets acquired since June 30, 2000. The remaining increase of
$2.9 million is a result of increased infrastructure costs such as customer
service, billing, collections and administrative costs as a result of our
overall growth. Our average monthly general and administrative costs per
subscriber remained constant at $11 for the three months ended June 30, 2001 and
2000.

    DEPRECIATION AND AMORTIZATION EXPENSE.  For the three months ended June 30,
2001, depreciation and amortization expense increased $8.8 million, or 20.5% to
$51.7 million from $42.9 million in the same period of 2000. The increase is a
result of additional depreciation on fixed assets and amortization on intangible
assets acquired in 2000 and 2001.

    INTEREST EXPENSE.  For the three months ended June 30, 2001, interest
expense increased $7.3 million, or 20.8%, to $42.2 million from $34.9 million in
the same period of 2000. The increase was primarily a result of increased
borrowings.

    OTHER INCOME, NET.  For the three months ended June 30, 2001, our other
income increased $0.8 million, or 36.9%, to $2.9 million from $2.1 million for
the comparable 2000 period. The increase was primarily the result of an increase
in interest income.

    MINORITY INTERESTS IN INCOME OF SUBSIDIARIES.  For the three months ended
June 30, 2001, our minority interests in income of subsidiaries increased
$0.4 million or 33.1% to $1.6 million from $1.2 million in the same period of
2000. This was a result of the increased income earned from consolidated
subsidiaries in which we own less than a 100% interest.

    LOSS FROM INVESTMENT IN JOINT VENTURE.  For the three months ended June 30,
2001, we incurred a loss, net of income tax benefits, from our American Cellular
joint venture totaling $16.4 million, an increase of $4.3 million or 35.5%
compared to $12.1 million for the same period in 2000. This loss represents our
50% equity in the net loss of American Cellular.

    NET LOSS.  For the three months ended June 30, 2001, our net loss was
$31.9 million. Our net loss increased $5.2 million, or 19.2%, from
$26.7 million in the three months ended June 30, 2000. The increase in our net
loss is primarily attributable to our increased loss from investment in our
joint venture and interest expense, offset by an increase in operating income.

    COMPREHENSIVE LOSS.  We implemented SFAS 133 in January 2001. As a result,
we recorded a liability and a net loss to comprehensive income totaling
$20.9 million as of June 30, 2001.

    DIVIDENDS ON PREFERRED STOCK.  For the three months ended June 30, 2001, our
dividends on preferred stock increased $4.9 million, or 29.9%, to $21.5 million
from $16.6 million for the comparable

                                       15
<Page>
2000 period. This increase was primarily the result of the issuance of 200,000
shares of our Series AA Preferred Stock on February 8, 2001.

SIX MONTHS ENDED JUNE 30, 2001 COMPARED TO SIX MONTHS ENDED JUNE 30, 2000

    OPERATING REVENUE.  For the six months ended June 30, 2001, total operating
revenue increased $87.2 million, or 37.2%, to $321.2 million from
$234.0 million for the comparable period in 2000. Total service, roaming and
equipment and other revenue represented 52.8%, 43.1% and 4.1%, respectively, of
total operating revenue during the six months ended June 30, 2001 and 52.6%,
42.5% and 4.9%, respectively, of total operating revenue during the six months
ended June 30, 2000.

    The following table sets forth the components of our operating revenue for
the periods indicated:

<Table>
<Caption>
                                                           SIX MONTHS ENDED
                                                               JUNE 30,
                                                          -------------------
                                                            2001       2000
                                                          --------   --------
                                                           ($ IN THOUSANDS)
<S>                                                       <C>        <C>
Operating Revenue:
  Service revenue.......................................  $169,522   $123,172
  Roaming revenue.......................................   138,437     99,325
  Equipment and other revenue...........................    13,236     11,525
                                                          --------   --------
    Total...............................................  $321,195   $234,022
                                                          ========   ========
</Table>

    Service revenue increased $46.3 million, or 37.6%, to $169.5 million in the
six months ended June 30, 2001 from $123.2 million in the same period of 2000.
In the six months ended June 30, 2001, service revenue of $11.6 million was
attributable to markets acquired since June 30, 2000. The remaining increase of
$34.7 million was primarily attributable to increased penetration and usage in
the existing company markets. Our subscriber base increased 26.7% to
approximately 705,500 at June 30, 2001 from approximately 556,700 at June 30,
2000. At June 30, 2001, the subscriber base for markets we acquired since
June 30, 2000 totaled approximately 38,800. Our average monthly service revenue
per subscriber increased 5.0% to $42 for the six months ended June 30, 2001 from
$40 for the comparable period in 2000. Our average monthly service revenue per
subscriber has been positively impacted by changes in the mix between digital
and analog subscribers in our subscriber base. On June 30, 2001, 60.7% of our
subscriber base was on digital rate plans compared to 18.5% at June 30, 2000.
Our digital rate plans typically produce higher service revenue per subscriber
and allow subscribers to use more minutes in a larger home area than our analog
rate plans.

    Roaming revenue increased $39.1 million, or 39.4%, to $138.4 million in the
six months ended June 30, 2001 from $99.3 million for the comparable period of
2000. In the six months ended June 30, 2001, roaming revenue of $15.7 million
was attributable to markets acquired since June 30, 2000. The remaining increase
of $23.4 million was attributable to a 59% increase in roaming minutes in our
existing markets due to expanded coverage areas and increased usage in these
markets, offset by a 12% decline in our roaming revenue per minute-of-use.

    Equipment and other revenue of $13.2 million in the six months ended
June 30, 2001 represented an increase of $1.7 million, or 14.8%, from
$11.5 million in the same period of 2000, as we sold more equipment during the
six months ended June 30, 2001 as a result of growth in subscriber additions.

    COST OF SERVICE.  For the six months ended June 30, 2001, the total cost of
service increased $35.4 million, or 67.7% to $87.6 million from $52.2 million
for the comparable period in 2000. In the six months ended June 30, 2001, cost
of service of $7.7 million was attributed to markets acquired since June 30,
2000. As described with our service revenue above, on average, our digital
subscribers use more minutes than our analog subscribers. This increased usage
also increases the minutes used by our

                                       16
<Page>
subscribers outside of our markets, thus increasing the expenses we are charged
by third-party wireless providers. Our cost of service increased approximately
$19.2 million due to increased charges by third party wireless providers. The
remaining increase of $8.5 million was primarily the result of increased
networking costs associated with our increased build-out of cell sites and
continual upgrades to our digital network.

    COST OF EQUIPMENT.  For the six months ended June 30, 2001, cost of
equipment increased $6.5 million, or 28.9% to $29.1 million from $22.6 million
in the same period of 2000, primarily from increases in the volume of equipment
sold due to the growth in subscriber additions.

    MARKETING AND SELLING COSTS.  Marketing and selling costs increased
$8.1 million, or 23.9%, to $41.7 million for the six month period ended
June 30, 2001 from $33.6 million in the comparable period of 2000. This was a
result of an increase in gross subscriber additions. The number of gross
subscribers added in the six months ended June 30, 2001 increased approximately
28.2% to 140,400 compared to approximately 109,500 added in the six months ended
June 30, 2000.

    GENERAL AND ADMINISTRATIVE COSTS.  General and administrative costs
increased $9.5 million, or 27.9%, to $43.4 million for the six month period
ended June 30, 2001 from $33.9 million for the same period in 2000. In the six
months ended June 30, 2001, general and administrative costs of $3.6 million
were attributable to markets acquired since June 30, 2000. The remaining
increase of $5.9 million is a result of increased infrastructure costs such as
customer service, billing, collections and administrative costs as a result of
our overall growth. Our average monthly general and administrative costs per
subscriber remained constant at $11 for the six months ended June 30, 2001 and
2000.

    DEPRECIATION AND AMORTIZATION EXPENSE.  For the six months ended June 30,
2001, depreciation and amortization expense increased $24.1 million, or 30.9% to
$102.2 million from $78.1 million in the same period of 2000. The increase is a
result of additional depreciation on fixed assets and amortization on intangible
assets acquired in 2000 and 2001.

    INTEREST EXPENSE.  For the six months ended June 30, 2001, interest expense
increased $19.2 million, or 29.0%, to $85.3 million from $66.1 million in the
same period of 2000. The increase was primarily a result of increased
borrowings.

    OTHER INCOME, NET.  For the six months ended June 30, 2001, our other income
increased $1.7 million, or 34.9%, to $6.7 million from $5.0 million for the
comparable 2000 period. The increase was primarily the result of an increase in
interest income.

    MINORITY INTERESTS IN INCOME OF SUBSIDIARIES.  For the six months ended
June 30, 2001, our minority interests in income of subsidiaries increased
$1.2 million or 50.8% to $3.5 million from $2.3 million in the same period of
2000. This was a result of the increased income earned from consolidated
subsidiaries in which we own less than a 100% interest.

    LOSS FROM INVESTMENT IN JOINT VENTURE.  For the six months ended June 30,
2001, we incurred a loss, net of income tax benefits, from our American Cellular
joint venture totaling $35.8 million, an increase of $17.8 million or 99.1%
compared to $18.0 million for the period from acquisition (February 25, 2000)
through June 30, 2000. This loss represents our fifty percent ownership in
American Cellular and has increased primarily as a result of having a full six
months included in 2001.

    EXTRAORDINARY ITEM.  For the six months ended June 30, 2000, we incurred an
extraordinary loss of $20.4 million, net of income tax benefits. This loss was a
result of a tender premium paid on the early redemption of our 11.75% Senior
Notes and the writing off of previously capitalized financing costs associated
with the 11.75% Senior Notes and our previous credit facilities which were
refinanced in January 2000.

                                       17
<Page>
    NET LOSS.  For the six months ended June 30, 2001, our net loss was
$76.0 million. Our net loss increased $6.7 million, or 9.7%, from $69.3 million
in the six months ended June 30, 2000. The increase in our net loss is primarily
attributable to our increased loss from investment in our joint venture and
interest expense, offset by the extraordinary item incurred during January of
2000 and an increase in operating income.

    COMPREHENSIVE LOSS.  We implemented SFAS 133 in January 2001. As a result,
we recorded a liability and a net loss to comprehensive income totaling
$20.9 million as of June 30, 2001, thus making our total comprehensive loss
$96.9 million for the six months ended June 30, 2001.

    DIVIDENDS ON PREFERRED STOCK.  For the six months ended June 30, 2001, our
dividends on preferred stock decreased $51.0 million, or 55.4%, to
$41.0 million from $92.0 million for the comparable 2000 period. This decrease
was primarily the result of a $60.4 million dividend recognized upon the
conversion of our Class D Preferred Stock into Class E Preferred Stock and old
Class A Common Stock, which occurred in the first quarter of 2000, offset by our
issuance of 200,000 shares of our Series AA Preferred Stock on February 8, 2001.

LIQUIDITY AND CAPITAL RESOURCES

    We have required, and will likely continue to require, substantial capital
to further develop, expand and upgrade our wireless systems and those we may
acquire. We have financed our operations through cash flows from operating
activities, bank debt and the sale of debt and equity securities.

NET CASH FLOW

    At June 30, 2001, we had working capital of $160.8 million (a ratio of
current assets to current liabilities of 1.9:1) and an unrestricted cash balance
of $200.8 million, which compares to working capital of $108.5 million, (a ratio
of current assets to current liabilities of 1.6:1) and an unrestricted cash
balance of $149.0 million at December 31, 2000.

    Our net cash provided by operating activities totaled $23.2 million for the
six month period ended June 30, 2001, while the net cash provided by operating
activities totaled $26.3 million for the same period of 2000. The decrease of
$3.1 million was primarily due to our increase in our net loss offset by our
increase in depreciation and amortization.

    Net cash used in investing activities totaled $168.3 million and
$738.5 million for the six months ended June 30, 2001 and 2000, respectively.
The decrease of $570.2 million was primarily due to acquisitions during the six
months ended June 30, 2000, including our investment in joint venture, offset by
an increase in deposits during the six months ended June 30, 2001.

    Net cash provided by financing activities was $196.9 million for the six
month period ended June 30, 2001 compared to $878.2 million for the same period
of 2000. Financing activity sources for the six months ended June 30, 2001
consisted primarily of net proceeds from the issuance of preferred stock and our
bank facilities offset by repayments to our bank facilities.

    The minority partners in our partnerships that own certain of our wireless
operations receive distributions equal to their share of the profit multiplied
by estimated income tax rates. Under our bank credit agreements, our minority
partners are not entitled to receive any cash distributions in excess of amounts
required to meet income tax obligations until all indebtedness of their
respective partnerships to us is paid or extinguished.

CAPITAL RESOURCES

    We, our operating subsidiaries and American Cellular, have incurred the
following indebtedness and have the following capital resources available.

                                       18
<Page>
DOBSON OPERATING CO., L.L.C.

    Our wholly-owned subsidiary, Dobson Operating Co., L.L.C. ("DOC LLC"), is a
party to a secured credit facility for an aggregate of $916.2 million,
consisting of a $300.0 million revolving credit facility and $616.2 million of
term loan facilities. These loans begin to mature in 2007. Advances bear
interest, at our option, on a prime rate or LIBOR formula. The weighted average
interest rate was 8.9% for the year ended December 31, 2000 and 7.9% for the six
months ended June 30, 2001. We have guaranteed this credit facility. As of
June 30, 2001, we had $852.2 million outstanding under this credit facility and
we had $64.0 million of availability.

DOBSON/SYGNET

    Our wholly-owned subsidiary, Dobson/Sygnet Communications Company, has
outstanding $200.0 million aggregate principal amount of Senior Notes that
mature in 2008. The Dobson/Sygnet notes bear interest at an annual rate of
12.25%, payable semi-annually on each June 15 and December 15, which began
June 15, 1999.

SYGNET WIRELESS

    Our wholly-owned subsidiary, Sygnet Wireless Inc., is a party to a secured
credit agreement for an aggregate of $343.1 million, consisting of a
$40.3 million revolving credit facility and $302.8 million of term loan
facilities. Interest on the revolving credit facility and the term loan
facilities is based on a prime rate or a LIBOR formula, and has ranged between
6.5% and 10.5% since inception. As of June 30, 2001, we had $326.8 million
outstanding under the Sygnet Wireless credit facility and we had $3.6 million of
availability.

AMERICAN CELLULAR

    The American Cellular joint venture is a party to a bank credit facility of
$1.34 billion with Bank of America N.A., as Administrative Agent and a group of
participating lenders and Senior Subordinated Notes totaling $700.0 million, as
of June 30, 2001, as described below. As of June 30, 2001, there was
approximately $12.8 million of credit availability.

    On March 14, 2001, American Cellular completed the sale of $450.0 million
Senior Subordinated Notes due 2009. These notes were sold at a discount of
$3.3 million and carry an interest rate of 9.5%. The discount will be amortized
over the life of the notes.

    On June 4, 2001, American Cellular completed the sale of $250.0 million
Senior Subordinated Notes due 2009. These notes were sold at a discount of
$3.6 million and carry an interest rate of 9.5%. The discount will be amortized
over the life of the notes.

DOBSON COMMUNICATIONS

    On January 14, 2000, we repurchased $159.7 million principal amount of our
outstanding $160.0 million aggregate principal amount of Senior Notes which
mature in April 2007 and accrued interest at an annual rate of 11.75%, payable
semi-annually each April 15 and October 15. We repurchased our outstanding
Senior Notes with funds available under our DOC LLC credit facility described
above.

    On June 15, 2000, we completed the private placement for the $300.0 million
principal amount of 10.875% Senior Notes due 2010. The offering resulted in net
proceeds totaling $290.2 million. We used $207.0 million of the proceeds to
repay indebtedness under the revolving credit facility of DOC LLC and have used
the remaining balance for working capital and other general corporate purposes.

                                       19
<Page>
    On February 8, 2001, we issued 200,000 shares of our Series AA Preferred
Stock to AT&T Wireless for aggregate cash proceeds of $200.0 million. Each share
of Series AA Preferred Stock is entitled to cumulative annual dividends of 5.96%
on the liquidation preference of $1,000 per share, subject to certain
adjustments. Dividends accrue but are not payable until after February 2006.
Each share of Series AA Preferred Stock is mandatorily exchangeable for one
share of our Series A Convertible Preferred Stock, par value $1.00 per share.
Each share of our Series A Convertible Preferred Stock will be convertible into
our Class A Common Stock at a conversion price of $25.35 per share. As of
June 30, 2001, we had 200,000 shares of Series AA Preferred Stock issued and
outstanding.

    As of June 30, 2001, we had issued and outstanding 345,572 shares of 12.25%
Senior Preferred Stock and 220,106 shares of 13% Senior Preferred Stock with
aggregate liquidation values of $354.6 million and $225.0 million, respectively,
including accrued stock dividends.

    At June 30, 2001, we were in compliance with all required financial ratios
and expect to be in compliance throughout 2001.

CAPITAL COMMITMENTS

    Our capital expenditures were $69.3 million for the six months ended
June 30, 2001. We have budgeted approximately $115.0 to $120.0 million for
capital expenditures in 2001. American Cellular, our 50% owned joint venture
with AT&T Wireless, had capital expenditures of $46.6 million for the six months
ended June 30, 2001. American Cellular has budgeted approximately $90.0 to
$95.0 million for capital expenditures in 2001. We have not budgeted any amounts
to be expended in 2001 with respect to systems or licenses, which may be
acquired in acquisitions or auctions. We may also require additional financing
for future acquisitions, to refinance our debt at its final maturities and to
meet our mandatory redemption provisions on our senior preferred stock. The
amount and timing of capital expenditures may vary depending on the rate at
which we expand and develop our wireless systems and whether we consummate
additional acquisitions.

    We have agreed to purchase approximately $169.8 million of cell site and
switching equipment from Nortel Networks Corp. prior to November 2001. Of this
commitment, approximately $29.9 million remained outstanding at June 30, 2001.
Under another equipment supply agreement, we agreed to purchase approximately
$131.0 million of cell site and switching equipment from Lucent
Technologies Inc. by January 13, 2002. Of this commitment, $20.8 million
remained outstanding at June 30, 2001. Purchases made under these commitments
will be financed using funds available under our credit facilities. We expect to
substantially fulfill our purchase commitments under both of these agreements
prior to their completion dates.

    On January 26, 2001, the FCC completed an auction of PCS licenses. Most of
the spectrum being auctioned had been reclaimed by the FCC from NextWave, which
is currently engaged in bankruptcy reorganization proceedings under Chapter 11
of the United States Bankruptcy Code, and from other licensees that had not paid
amounts due to the FCC for their licenses. Through one of our subsidiaries, we
were the winning bidder for 14 PCS licenses, covering an estimated aggregate
population of 19.3 million in seven states, for which we bid a total of
$546.1 million. As part of the bidding procedures, we made a down payment in
cash totaling $109.2 million to the FCC for these licenses. Certain licenses
would be used to build out a wireless PCS network with AT&T Wireless.

    Eleven of the 14 licenses that we won in the FCC auction, which constitute
$536.5 million of the total amount we bid, involve spectrum that was previously
licensed to NextWave. After NextWave defaulted on its purchase price to the FCC
for these licenses, the FCC canceled the licenses. NextWave challenged the FCC's
authority to revoke or cancel its licenses while it was operating as a
debtor-in-possession under the protection of the Bankruptcy Code. On June 22,
2001, the United States Court of Appeals for the District of Columbia Circuit
ruled that the FCC violated the Bankruptcy

                                       20
<Page>
Code when it canceled NextWave's licenses. The appellate court reversed and
remanded the FCC's automatic cancellation for further proceeding, but its
decision is not yet final. Nevertheless, the FCC's right to re-auction the
NextWave licenses, and thus our ability to acquire the licenses for which we
were the winning bidder in the FCC auction, has been placed in serious doubt.
The FCC has announced its intent to appeal the appellate court's decision to the
United States Supreme Court. We are unable to predict whether the Supreme Court
would agree to hear the appeal, and whether it would uphold the appellate
court's decision on appeal. Moreover, we cannot predict the time it may take for
any appeal, subsequent proceedings or for a negotiated settlement to be reached.

    If the decision of the court of appeals becomes final or is upheld on appeal
it is unlikely that we will be granted the eleven licenses for spectrum
previously licensed to NextWave. In that event, we would receive a refund of
that portion of our deposit attributable to the eleven licenses, without
interest. However, if we do not acquire those licenses, we do not anticipate
being able to execute our current plan to build a jointly-owned PCS network with
AT&T Wireless. Consequently, we will be forced to reevaluate the PCS component
of our previously announced strategy. We cannot predict the effect on our
competitive position due to any change to our business plan.

    Although we cannot provide any assurance, assuming successful implementation
of our strategy, including the further development of our wireless systems and
significant and sustained growth in our cash flows, we believe that borrowings
under our DOC LLC credit facility, proceeds from the sale of $200.0 million of
AA Preferred Stock on February 8, 2001 to AT&T Wireless and cash flows from
operations should be sufficient to satisfy our currently expected capital
expenditures, working capital and debt service obligations over the next year,
exclusive of any payments that might be made related to the purchase and build
out of the 14 licenses discussed above. The actual amount and timing of our
future capital requirements may differ materially from our estimates as a result
of, among other things, the demand for our services and regulatory,
technological and competitive developments. We currently expect that we may have
to refinance our indebtedness at their respective maturities commencing in 2006.
We will also need to refinance our mandatory redemption obligations under our
Senior Preferred Stock. Sources of additional financing may include commercial
bank borrowings, vendor financing and the sale of equity or debt securities. We
cannot assure you that any such financing will be available on acceptable terms
or at all.

EFFECT OF NEW ACCOUNTING STANDARDS

    In July 2001, the Financial Accounting Standards Board issued Statements of
Financial Accounting Standards No. 141, "Business Combinations" and No. 142,
"Goodwill and Other Intangible Assets." These standards prohibit the application
of the pooling-of-interests method of accounting for business combinations
effective June 30, 2001 and require companies to stop amortizing existing
goodwill and intangible assets with indefinite lives effective January 1, 2002.
In addition, any goodwill or indefinite life intangible assets acquired between
July 1, 2001 and December 31, 2001 would not be amortized. Under the new rules,
companies would test for impairment of goodwill or indefinite life intangibles
at least annually and would only adjust the carrying amount of these intangible
assets upon an impairment of the goodwill or indefinite life intangible assets.
We have not yet determined the effect these new accounting standards may have on
our results of operations, financial position and cash flow. We will be required
to implement these standards effective January 1, 2002.

FORWARD-LOOKING STATEMENTS

    The description of our plans set forth herein, including planned capital
expenditures and acquisitions, are forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These plans involve a number of risks and uncertainties. Important factors
that could cause actual capital expenditures, acquisition activity or our
performance to differ materially from the plans include, without limitation, our
ability to satisfy the financial

                                       21
<Page>
covenants of our outstanding debt and preferred stock instruments and to raise
additional capital; our ability to manage our rapid growth successfully and to
compete effectively in our wireless business against competitors with greater
financial, technical, marketing and other resources; changes in end-user
requirements and preferences; the development of other technologies and products
that may gain more commercial acceptance than ours; and adverse regulatory
changes. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. We undertake
no obligation to update or revise these forward-looking statements to reflect
events or circumstances after the date hereof including, without limitation,
changes in our business strategy or planned capital expenditures, or to reflect
the occurrence of unanticipated events.

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

    Our primary market risk relates to changes in interest rates. Market risk is
the potential loss arising from adverse changes in market prices and rates,
including interest rates. We do not enter into derivatives or other financial
instruments for trading or speculative purposes. The objective of our financial
risk management is to minimize the negative impact of interest rate fluctuations
on our earnings and equity. The counterparty is a major financial institution.
As of June 30, 2001 we had interest rate hedges under various derivative
contracts totaling $300.0 million on our $852.2 million DOC LLC credit facility.
The terms of these agreements expire in March 2002. Increases in interest
expense related to the interest rate hedge for the six months ended June 30,
2001 and 2000 were reflected in income and were immaterial.

    The fair market value of long-term fixed interest rate debt is subject to
interest rate risk. Generally, the fair market value of fixed interest rate debt
will increase as interest rates fall and decrease as interest rates rise. Based
on our market risk sensitive instruments outstanding at June 30, 2001, we have
determined that there was no material market risk exposure to our consolidated
financial position, results of operations or cash flows as of such date.

                                       22
<Page>
                           PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

    Not applicable

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

    Not applicable

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

    Not applicable

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

    Our 2001 Annual Meeting of Stockholders was held on May 24, 2001. At the
meeting, the following items were submitted to a vote of stockholders.

    (a) The following nominees were elected to serve on the Board of Directors:

<Table>
<Caption>
NAME OF NOMINEE                                     VOTES CAST FOR   VOTES WITHHELD
---------------                                     --------------   --------------
<S>                                                 <C>              <C>
Dana L. Schmaltz..................................   671,112,343       1,665,859
Fred J. Hall......................................   670,531,097       2,247,105
</Table>

       On July 25, 2001, Dana L. Schmaltz resigned from our Board of Directors
       and the J.W. Childs investors elected not to exercise their right to
       designate a replacement director at that time.

       The following will continue to serve on the Board of Directors:

       Everett R. Dobson, Chairman
       Stephen T. Dobson
       Russell L. Dobson
       Justin L. Jaschke
       Albert H. Pharis, Jr.

    (b) The appointment of Arthur Andersen LLP as independent accountant for
       2001 was ratified with 672,778,209 votes for, 116,243 votes against, and
       5,598 abstentions.

ITEM 5.  OTHER INFORMATION

    Not applicable

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

    (a) Exhibits

    The following exhibits are filed as a part of this report:

<Table>
<Caption>
       EXHIBIT                                                                               METHOD
       NUMBER                                   DESCRIPTION                                 OF FILING
---------------------   ------------------------------------------------------------  ---------------------
<C>                     <S>                                                           <C>
        2.1             Agreement to furnish unfiled schedules.                             (3)[2.12]

        2.2             Agreement and Plan of Merger dated October 5, 1999 among ACC        (7)[2.11]
                        Acquisition LLC, ACC Acquisition Co. and American Cellular
                        Corporation.
</Table>

                                       23
<Page>

<Table>
<Caption>
       EXHIBIT                                                                               METHOD
       NUMBER                                   DESCRIPTION                                 OF FILING
---------------------   ------------------------------------------------------------  ---------------------
<C>                     <S>                                                           <C>
        2.3             Agreement and Plan of Recapitalization among Dobson                 (7)[2.15]
                        Communications Corporation, Dobson Operating Company, Dobson
                        CC Limited Partnership, Russell L. Dobson, J.W. Childs
                        Equity Partners II, L.P., AT&T Wireless, Inc. and the other
                        stockholders of Dobson Communications Corporation's Class A
                        Common Stock and Class D Preferred Stock.

        3.1             Registrant's Amended and Restated Certificate of                    (7)[3.1]
                        Incorporation.

        3.2             Registrant's Amended and Restated By-laws.                         (12)[3(ii)]

        4.1             Amended, Restated, and Consolidated Revolving Credit and            (7)[4.6]
                        term Loan Agreement dated as of January 18, 2000 among
                        Dobson Operating Co., L.L.C., Banc of America
                        Securities, LLC, Bank of America, N.A., Lehman Commercial
                        Paper Inc. and TD Securities (USA) Inc., and First Union
                        National Bank and PNC Bank, National Association, and the
                        Lenders.

        4.1.1           Amendment, Waiver and Consent to the Dobson                         (8)[10.2]
                        Operating Co., L.L.C., credit agreement dated as of
                        June 19, 2000 among Dobson Operating Co., L.L.C., as
                        Borrower, Bank of America, N.A., as Administrative agent,
                        Required Lenders and Guarantors

        4.1.2           Amendment and Consent dated November 24, 2000 to Amended,          (13)[4.3.2]
                        Restated and Consolidated Revolving Credit and Term Loan
                        Agreement of Dobson Operating Co., L.L.C.

        4.2             Indenture dated December 23, 1998 between Dobson/Sygnet             (2)[4.1]
                        Communications Company, as Issuer, and United States Trust
                        Company of New York, as Trustee.

        4.3             Collateral Pledge and Security Agreement dated December 23,         (3)[4.18]
                        1998 between Dobson/Sygnet Communications Company, as
                        Pledgor, and NationsBanc Montgomery Securities LLC, Lehman
                        Brothers Inc., First Union capital Markets, a division of
                        Wheat First Securities, Inc. and TD Securities (USA) Inc.,
                        as Initial Purchasers, and United States Trust Company of
                        New York, as Trustee.

        4.4             Form of Common Stock Certificate.                                   (7)[4.16]

        4.5             Indenture dated June 22, 2000 by the Registrant and United           (8)[4]
                        States Trust Company of New York, as Trustee

       10.1.1*          Registrant's 1996 Stock Option Plan, as amended.                   (3)[10.1.1]

       10.1.2*          Form of 2000-1 Amendment to the DCC 1996 Stock Option Plan.        (7)[10.1.3]

       10.1.3*          Form of Dobson Communications Corporation 2000 Stock               (7)[10.1.4]
                        Incentive Plan.

       10.2             Promissory Note dated February 10, 1997 of G. Edward Evans         (4)[10.2.1]
                        in the amount of $300,000 in favor of Western Financial
                        Services Corp.

       10.3             Asset Purchase Agreement dated July 6, 1999 by and among          (7)[10.2.6.1]
                        American Tower Corporation, American Tower, LLP, Dobson
                        Tower Company and the Registrant as Sole Shareholder of
                        Dobson Tower, as amended.

       10.4.1*          Letter dated June 3, 1996 from Registrant to Bruce R.              (4)[10.3.2]
                        Knooihuizen describing employment arrangement.

       10.4.2*          Letter dated October 15, 1996 from Fleet Equity Partners to        (4)[10.3.3]
                        Justin L. Jaschke regarding director compensation.
</Table>

                                       24
<Page>

<Table>
<Caption>
       EXHIBIT                                                                               METHOD
       NUMBER                                   DESCRIPTION                                 OF FILING
---------------------   ------------------------------------------------------------  ---------------------
<C>                     <S>                                                           <C>
       10.4.3*          Letter dated December 26, 1996 from Registrant to G. Edward        (4)[10.3.1]
                        Evans describing employment arrangement

       10.4.4*          Letter dated October 28, 1997 from Registrant to R. Thomas         (1)[10.3.5]
                        Morgan describing employment arrangement

       10.4.5*          Letter dated August 25, 1998 from Registrant to Richard D.         (3)[10.3.6]
                        Sewell, Jr. describing employment arrangement

       10.4.6*          Consulting agreement dated December 21, 1998 between               (3)[10.3.7]
                        Registrant and Albert H. Pharis, Jr.

       10.4.7*          Consulting Agreement dated August 15, 1998 between the             (7)[10.3.8]
                        registrant and Russell L. Dobson and Addendum thereto dated
                        October 1, 1998.

       10.5             General Purchase Agreement dated January 13, 1998 between          (1)[10.4.7]
                        Lucent Technologies, Inc. and Dobson Cellular Systems, Inc.

       10.5.1           Amendment No. 1 to General Purchase Agreement between the          (9)[10.4.3]
                        Registrant and Lucent Technologies, Inc.

       10.6             Operating Agreement dated January 16, 1998 between AT&T            (7)[10.4.4]
                        Wireless Services, Inc. and Dobson Cellular Systems, Inc.,
                        as amended.

       10.7.1           Fifth Amended General Purchase Agreement between Northern          (9)[10.4.6]
                        Telecom Inc. and Registrant

       10.7.2           Sixth Amended General Purchase Agreement between Nortel            (9)[10.4.7]
                        Networks, Inc. (formerly Northern Telecom) and Registrant

       10.8             Second Amended and Restated Partnership Agreement of Gila           (6)[10.8]
                        River Cellular General Partnership dated September 30, 1997

       10.9             Stockholder and Investor rights Agreement dated January 31,       (9)[10.7.2.3]
                        2000 among the Registrant and the Shareholders listed
                        therein (without exhibits).

       10.10            License Agreement dated February 15, 1999 between Registrant       (5)[10. 9]
                        and H.O. Systems, Inc.

       10.11*           Form of Dobson Communications Corporation Director                  (7)[10.9]
                        Indemnification Agreement.

       10.12            Agreement and Plan of Reorganization and Corporation               (7)[10.10]
                        Separation between Dobson Communications Corporation and
                        Logix Communications Enterprises dated January 24, 2000.

       10.13            Agreement by and among Dobson Communications corporation and       (7)[10.11]
                        Dobson's shareholders regarding the distribution of Logix
                        Communications Enterprises, Inc. stock.

       10.14            Second Amended and Restated Limited Liability Company              (10)[10.1]
                        Agreement of ACC Acquisition LLC between AT&T Wireless
                        JV Co. and Dobson JV Company dated as of February 25, 2000.

       10.15            Amended and Restated Supplemental Agreement among AT&T            (10)[10.1.1]
                        Wireless, Dobson Communications Corporation, Dobson CC
                        Limited Partnership, and other signatories thereto, dated
                        February 25, 2000.

       10.16            Amended and Restated Management Agreement between Dobson           (10)[10.2]
                        Cellular Systems, Inc. and ACC Acquisition LLC dated as of
                        February 25, 2000
</Table>

                                       25
<Page>

<Table>
<Caption>
       EXHIBIT                                                                               METHOD
       NUMBER                                   DESCRIPTION                                 OF FILING
---------------------   ------------------------------------------------------------  ---------------------
<C>                     <S>                                                           <C>
       10.17            Amended and Restated Operating Agreement dated February 25,        (10)[10.3]
                        2000 by and between AT&T Wireless Services, Inc., on behalf
                        of itself and its Affiliate (as defined therein) and ACC
                        Acquisition L.L.C., on behalf of itself and its Affiliates
                        (as defined therein).
       10.18            Amended and Restated Operating Agreement dated February 25,        (10)[10.4]
                        2000 by and between Dobson Cellular Systems, Inc., on behalf
                        of itself and its Affiliates (as defined therein) and ACC
                        Acquisition L.L.C., on behalf of itself and its Affiliates
                        (as defined therein).
       10.19            Stock Purchase Agreement Between AT&T Wireless                     (11)[10.14]
                        Services, Inc. and Dobson Communications Corporation dated
                        as of November 6, 2000.
</Table>

------------------------

   * Management contract or compensatory plan or arrangement.

 (1) Filed as an exhibit to the Registrant's Annual Report on form 10-K for the
     year ended December 31, 1997 as the exhibit number indicated in brackets
     and incorporated by reference herein.

 (2) Filed as an exhibit to the Registrant's Current Report on Form 8-K filed on
     January 7, 1999, as the exhibit number indicated in brackets and
     incorporated by reference herein.

 (3) Filed as an exhibit to the Registrant's Statement on Form S-4 (Registration
     No. 333-71633), as the exhibit number indicated in brackets and
     incorporated by reference herein.

 (4) Filed as an exhibit to the Registrant's Registration Statement of Form S-4
     (Registration No. 333-23769), as the exhibit number indicated in brackets
     and incorporated by reference herein.

 (5) Filed as an exhibit to the Registrant's Annual Report on Form 10K for the
     year ended December 31, 1998 as the exhibit number indicated in brackets
     and incorporated by reference herein.

 (6) Filed as an exhibit to the Registrant's Current Report on Form 8-K filed
     October 15, 1997 and amended on November 6, 1997, as the exhibit number
     indicated in brackets and incorporated by reference herein.

 (7) Filed as an exhibit to the Registrant's Registration Statement on Form S-1
     (Registration No. 333-90759), as the exhibit number indicated in brackets
     and incorporated by reference herein.

 (8) Filed as an exhibit to the Registrant's Current Report on Form 8-K filed on
     July 6, 2000, as the exhibit number indicated in brackets and incorporated
     by reference herein.

 (9) Filed as an exhibit to the Registrant's Registration Statement on
     Form S-4/A (Registration No. 333-41512), as the exhibit number indicated in
     brackets and incorporated by reference herein.

 (10) Filed as an exhibit to the Registrant's Current Report on Form 8-K filed
      on March 9, 2000, as the exhibit number indicated in brackets and
      incorporated by reference herein.

 (11) Filed as an exhibit to the Registrant's Quarterly Report on Form 10-Q for
      the quarter ended September 30, 2000, as the exhibit number indicated in
      brackets and incorporated by reference herein.

 (12) Filed as an exhibit to the Registrant's Current Report on Form 8-K/A on
      February 22, 2001, as the exhibit number indicated in brackets and
      incorporated by reference herein.

 (13) Filed as an exhibit to the Registrant's Annual Report on Form 10-K for the
      year ended December 31, 2000, as the exhibit number indicated in brackets
      and incorporated by reference herein.

    (b) Reports on Form 8-K

    Not applicable

                                       26
<Page>
                                   SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

<Table>
<S>                                                    <C>  <C>
                                                       DOBSON COMMUNICATIONS CORPORATION
                                                       (registrant)

Date: August 13, 2001                                  By:            /s/ EVERETT R. DOBSON
                                                            -----------------------------------------
                                                                        Everett R. Dobson
                                                                    CHAIRMAN OF THE BOARD AND
                                                                     CHIEF EXECUTIVE OFFICER

Date: August 13, 2001                                  By:           /s/ BRUCE R. KNOOIHUIZEN
                                                            -----------------------------------------
                                                                       Bruce R. Knooihuizen
                                                            VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
                                                                  (PRINCIPAL FINANCIAL OFFICER)
</Table>

                                       27