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EXHIBIT 12.1

AIRGATE PCS, INC.
Financial Reporting
Schedule of Earnings to Fixed Charges

|                                                                            |                                                              |  |                        |  |               |  |                          |       |      |  |         |        |      |  |          |        |  |  |            |        |  |  |         |        | 
|--------------------------------------------------------------------------- | ------------------------------------------------------------ |  | ---------------------- |  | ------------- |  | ------------------------ | ----- | ---- |  | ------- | ------ | ---- |  | -------- | ------ |  |  | ---------- | ------ |  |  | ------- | ------ | 
|                                                                            |                                                              |  |                        |  |               |  | Nine Months              |       |      |  |         |        |      |  |          |        |  |  |            |        | 
|                                                                            |                                                              |  |                        |  | Ended         |  | Year Ended September 30,
|                                                                            |                                                              |  |                        |  | September 30, |  |                         
|                                                                            |                                                              |  |                        |  | 1999          |  | 2000                     |       | 2001 |  | 2002    |        | 2003
|                                                                            |                                                              |  |                        |  |               |  |                          |       |      |  |         |        |      |  |         
|                                                                            |                                                              |  | (Dollars in thousands)
|Income (loss) before income taxes,
minority interest and extraordinary
item |                                                              |  |                        |  |               |  | (15,599                  | )     |      |  | (81,323 | )      |      |  | (110,990 | )      |  |  | (1,025,378 | )      |  |  | (84,757 | )     
|Fixed charges                                                               |                                                              |  |                        |  |               |  | 9,708                    |       |      |  | 28,570  |        |      |  | 32,699   |        |  |  | 64,653     |        |  |  | 81,247  |       
|                                                                            |                                                              |  |                        |  |               |  |                          |       |      |  |         |        |      |  |          |        |  |  |            |        |  |  |         |       
|Earnings (loss) available for
combined fixed charges                        |                                                              |  |                        |  |               |  | (5,891                   | )     |      |  | (52,753 | )      |      |  | (78,291  | )      |  |  | (960,725   | )      |  |  | (3,510  | )     
|                                                                            |                                                              |  |                        |  |               |  |                          |       |      |  |         |        |      |  |          |        |  |  |            |        |  |  |         |       
|Combined fixed charges:                                                     |                                                              |  |                        |  |               |  |                          |       |      |  |         |        |      |  |          |        |  |  |            |        |  |  |         |       
|                                                                            | Interest expense                                             |  |                        |  |               |  |                          | 651   |      |  |         | 1,885  |      |  |          | 3,890  |  |  |            | 5,272  |  |  |         | 18,893 | 
|                                                                            | Amortization of original issue
discount on Subordinate Notes |  |                        |  |               |  |                          | 8,707 |      |  |         | 23,043 |      |  |          | 23,799 |  |  |            | 50,670 |  |  |         | 35,444 | 
|                                                                            | Amortization of deferred financing
costs                     |  |                        |  |               |  |                          |      |      |  |         | 1,192  |      |  |          | 1,210  |  |  |            | 1,211  |  |  |         | 1,210  | 
|                                                                            | Estimated interest expense within
rental expense (1)         |  |                        |  |               |  |                          | 350   |      |  |         | 2,450  |      |  |          | 3,800  |  |  |            | 7,500  |  |  |         | 25,700 | 
|                                                                            |                                                              |  |                        |  |               |  |                          |       |      |  |         |        |      |  |          |        |  |  |            |        |  |  |         |       
|Total combined fixed charges                                                |                                                              |  |                        |  |               |  | 9,708                    |       |      |  | 28,570  |        |      |  | 32,699   |        |  |  | 64,653     |        |  |  | 81,247  |       
|                                                                            |                                                              |  |                        |  |               |  |                          |       |      |  |         |        |      |  |          |        |  |  |            |        |  |  |         |       
|Ratio of earnings to fixed
charges (2)                                      |                                                              |  |                        |  |               |  |                         |       |      |  |        |        |      |  |         |        |  |  |           |        |  |  |        |       
|Additional earnings necessary
for 1:1 ratio                                 |                                                              |  |                        |  |               |  | 15,599                   |       |      |  | 81,323  |        |      |  | 110,990  |        |  |  | 1,025,378  |        |  |  | 84,757  |       



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|(1) |  | The interest component of rental expense was assumed to be 25% of operating
lease expense.                                                                                                                                  
|--- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |  |                                                                                                                                                                                                                             
|(2) |  | Earnings were inadequate to cover
fixed charges for the nine months
ended September 30, 1999, the years ended September 30, 2000, 2001,
2002, and 2003 by
$15,599, $81,323, $110,990, $1,025,378, and $84,757, respectively.