Exhibit 99.1

             AT&T Wireless Completes Purchase of
            Dobson Communications Preferred Stock


     Oklahoma City, OK and Redmond, WA  --  Dobson
Communications Corporation (Nasdaq: DCEL) today announced
that it has completed the previously announced sale of
preferred stock to AT&T Wireless (NYSE: AWE).

     Under terms of the agreement announced November 17,
2000, Dobson sold $200 million of Dobson's Series AA
preferred stock to AT&T Wireless.

     The Series AA preferred stock issued today is
exchangeable for Series A convertible preferred stock.  If
the Series AA preferred stock is exchanged into Series A
preferred stock, AT&T Wireless will increase its ownership
in Dobson, on a fully diluted basis, from the current 4.6
percent to approximately 11.8 percent.

     The Series AA convertible preferred stock has a
liquidation preference of $1,000 per share.  Dividends on
the preferred stock will accrue at 5.96%.

     Prior to the completion of the preferred stock sale,
AT&T Wireless owned 4.5 million shares of Dobson's common
stock.  The two companies are also equal owners in a joint
venture that acquired American Cellular Corporation in the
first quarter last year.  As of September 30, 2000, American
Cellular served 514,500 subscribers and covered markets with
a total population of 4.9 million.

About Dobson Communications

     Dobson Communications is a leading provider of cellular
phone services to rural markets in the United States.
Headquartered in Oklahoma City, the Company owns or manages
wireless operations in 19 states. For additional information
on the Company and its operations, please visit its web site
at www.dobson.net.

About AT&T Wireless

     AT&T Wireless (NYSE: AWE) operates one of the largest
digital wireless networks in North America.  With more than
15 million subscribers, including partnerships and
affiliates, and revenue exceeding $10 billion, AT&T Wireless
is committed being among the first to deliver the next
generation of wireless products and services.  Today, AT&T
Wireless offers customers high-quality wireless
communications services, whether mobile or fixed, voice or
data, to businesses or consumers, in the U.S. and
internationally.  For more information, please visit us at
www.attwireless.com.


This press release contains ``forward-looking statements''
within the meaning of the Private Securities Litigation
Reform Act of 1995. These include, but are not limited to,
statements regarding the Company's plans, intentions and
expectations. Such statements are inherently subject to a
variety of risks and uncertainties that could cause actual
results to differ materially from those projected. These
risks include increased levels of competition, shortages of
cellular handsets and other key equipment, restrictions on
the Company's ability to finance its growth and other
factors. A more extensive discussion of the risk factors
that could impact these areas and the Company's overall
business and financial performance can be found in the
Company's reports filed with the Securities and Exchange
Commission. Given these concerns, investors and analysts
should not place undue reliance on forward-looking
statements.

Contact:  J. Warren Henry                    David Caouette
          Dobson Communications Corporation  AT&T
          (405) 529-8821                     (908) 221-6382

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