Document:

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                                                                    EXHIBIT 10.2

                    AMENDED AND RESTATED EMPLOYMENT AGREEMENT
                    -----------------------------------------

     This Amended and Restated Employment Agreement (this "Agreement") is
entered into this date by and between ALAMOSA PCS, LLC, a Texas Limited
Liability Company, having its principal executive office located at 4403
Brownfield Highway, Lubbock, Texas 79407 (the "Company"), and W. DON STULL, an
individual residing at Lubbock, Texas (the "Employee").

                                   WITNESSETH:

     WHEREAS, the parties entered into an employment agreement as of October 29,
1998 (the "Prior Employment Agreement"); and

     WHEREAS, the parties desire to amend and restate said employment agreement
to set forth and confirm their respective rights and obligations with respect to
the Employee's continued employment by the Company.

     NOW, THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereto mutually agree as follows:

     1. EMPLOYMENT; TERM; DUTIES. The Company hereby continues to employ the
Employee as Chief Technology Officer ("CTO"). The term of the Employee's
employment, pursuant to this Agreement, will commence on October 29, 1999, (the
"Commencement Date") and will continue until October 31, 2001, or the
termination of this Agreement as described in Section 5 hereof, whichever shall
occur first. The Employee hereby agrees to his continued employment, and agrees
to devote his full time and effort to the business and affairs of the Company
with such duties consistent with the Employee's position as may be assigned to
him from time to time by the Board of Managers of the Company and/or the Chief
Executive Officer ("CEO") or the Chief Operating Officer ("COO") of the Company.
Notwithstanding the foregoing, the Company acknowledges that the Employee has
other business interests and ownerships. Subject to the provisions of Sections 7
through 10 hereof, the Company acknowledges and consents to the continuation of
these ownerships and relationships, provided they do not interfere with the
Employee's duties under this Agreement. Notwithstanding anything to the contrary
in this Agreement, nothing in this Agreement shall be deemed to impose any
obligation on the Company or any of its subsidiaries to continue to employ the
Employee, or on the Employee to remain in the employ of the Company or any of
its subsidiaries.

     2. COMPENSATION. In consideration of all services rendered by the Employee
as CTO during the remaining term of his employment, pursuant to this Agreement,
the Company will provide the Employee with the following compensation:

         (a) BASE SALARY. The Company will pay the Employee a base salary at the
         annual rate of $90,000.00, payable periodically but no less often than
         semi-monthly, in substantially equal amounts, in accordance with the

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EMPLOYMENT AGREEMENT                                                PAGE 1 OF 19
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         Company's payroll practices from time to time in effect. The Company
         will review the Employee's base salary at least once each year and may,
         in its discretion, increase the Employee's base salary.

         (b) BONUS. In addition to the Employee's base salary, the Employee
         shall be eligible to receive a bonus (a "Quarterly Bonus") for each
         calendar quarter in an amount, if any, determined as follows: In each
         calendar quarter Employee's Quarterly Bonus shall be equal to the sum
         of (1) plus (2) as follows:

            (1) $7,500.00 multiplied by the percentage set forth opposite each
            Expected Milestone set forth in the attached EXHIBIT "A",
            incorporated herein by reference, which is achieved for that
            calender quarter.

            (2) $7,500.00 multiplied by the percentage set forth opposite each
            Exceptional Milestone set forth in EXHIBIT "A" which is achieved for
            that calendar quarter.

         If any particular Expected Milestone or Exceptional Milestone is not
         achieved for any calendar quarter, that percentage share of the dollar
         amount specified in (1) or (2) above, as the case may be, shall not be
         payable as part of the Quarterly Bonus. The Expected Milestones,
         Exceptional Milestones and percentages set forth on EXHIBIT "A" may be
         changed by the Company at any time and from time to time, but shall be
         reasonable by wireless industry standards. Any such change shall not
         apply earlier than the calendar quarter following the calendar quarter
         in which such change is made by the Company and communicated to the
         Employee.

         Any Quarterly Bonus owing to the Employee shall be paid within
         forty-five (45) days following the end of the applicable calendar
         quarter.

         (c) UNIT OPTIONS. The options granted to the Employee under his Prior
         Employment Agreement, none of which have been exercised, are modified
         as follows:

            (1) The "Series 8" options granted to Employee ("Series 8 Options")
            represent forty-eight thousand five hundred (48,500) membership
            units in the Company and have a per unit purchase price equal to
            $1.1296.

            (2) The "Series 15" options granted to Employee ("Series 15
            Options") represent forty-eight thousand five hundred (48,500)
            membership units in the Company and have a per unit purchase price
            equal to $1.2477.

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EMPLOYMENT AGREEMENT                                                PAGE 2 OF 19
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            (3) The "Series 25" options granted to Employee ("Series 25
            Options") represent forty-eight thousand five hundred (48,500)
            membership units in the Company and have a per unit purchase price
            equal to $1.4238. (The Series 8 Options, the Series 15 Options and
            the Series 25 Options are sometimes referred to herein individually
            as the "Series Option" or collectively as the "Series Options.")

            (4) One-third (1/3) of each Series Option (i.e., 16,166 membership
            units from each Series Option) is fully vested and immediately
            exercisable on October 29, 1999, and thereafter are exercisable at
            any time until December 31, 2006, in accordance with the provisions
            of Sections 2(c)(6) and (7) hereof.

            (5) Subject to Section 6 hereof, one-third (1/3) of each of the
            Series Options shall be vested and exercisable on each of October
            29, 2000 and October 29, 2001, respectively, and thereafter be
            exercisable at any time until December 31, 2006, in accordance with
            the provisions of Section 2(c)(6) and (7) hereof.

            (6) The Series Options may be exercised during the Employee's
            lifetime by the Employee or his guardian or legal representative. If
            the Employee dies or becomes disabled, the following persons may
            exercise the exercisable portion of the Series Options on behalf of
            the Employee at any time prior to December 29, 2006: (i) if the
            Employee is disabled, the guardian or legal representative of the
            Employee; or (ii) if the Employee dies, the personal representative
            of his estate, or the person who acquired the right to exercise the
            Series Options by bequest or inheritance or by reason of the death
            of the Employee; provided that the Series Options shall remain
            subject to the other terms of this Agreement, and applicable laws,
            rules, and regulations. The Series Options may be exercised only
            with respect to full units, and no fractional units shall be issued.

            (7) Subject to such administrative regulations as the Company may
            from time to time adopt, any Series Option may be exercised by the
            delivery of written notice to the Company setting forth the number
            of membership units with respect to which the Series Option is to be
            exercised and the date of exercise thereof (the "Option Exercise
            Date") which shall be at least three (3) days after giving such
            notice unless an earlier time shall have been mutually agreed upon.
            On the Option Exercise Date, the Employee shall deliver to the
            Company consideration with a value equal to the total price of the
            units to be purchased, payable as follows: (a) cash, certified
            check, bank draft, or money order payable to the order of the
            Company; and/or (b) any other form of payment which is acceptable to
            the Company.

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EMPLOYMENT AGREEMENT                                                PAGE 3 OF 19
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            Upon payment of all amounts due from the Employee, the Company shall
            cause certificates for the units then being purchased to be
            delivered to the Employee (or the person exercising the Employee's
            Series Option in the event of his death) at its principal business
            office within ten (10) business days after the Option Exercise Date.
            The obligation of the Company to deliver units shall, however, be
            subject to the condition that if at any time the Company shall
            determine in its discretion that the listing, registration, or
            qualification of the Series Option or the units upon any securities
            exchange or under any state or federal law, or the consent or
            approval of any governmental regulatory body, is necessary as a
            condition of, or in connection with, the Series Option or the
            issuance or purchase of membership units of the Company thereunder,
            then the Series Option may not be exercised in whole or in part
            unless such listing, registration, qualification, consent, or
            approval shall have been effected or obtained free of any conditions
            not reasonably acceptable to the Company.

            If the Employee fails to pay for any of the membership units
            specified in such notice or fails to accept delivery thereof, then
            the Employee's right to purchase such membership units may be
            terminated by the Company.

            (8) In the event the Company becomes a wholly-owned subsidiary of
            Alamosa PCS Holdings, Inc., a Delaware corporation ("Holdings"),
            then the Series Options shall be converted into options for shares
            of common stock of Holdings under the Alamosa PCS Holdings, Inc.
            1999 Long-Term Incentive Plan, on terms and conditions substantially
            identical to the terms and conditions of this Agreement and, where
            not otherwise inconsistent with this Agreement, the terms and
            conditions of the option agreements entered into pursuant to the
            Long-Term Incentive Plan by the other officers of the Company.

The Employee will receive no additional compensation for serving the Company in
any other capacity.

     3. EMPLOYEE BENEFITS. The Employee will be entitled to participate in all
incentive, retirement, profit-sharing, life, medical, disability and other
benefit plans and programs (collectively "Benefit Plans") as are from time to
time generally available to other executives of the Company with comparable
responsibilities, subject to the provisions of those programs. Without limiting
the generality of the foregoing, the Company will provide the Employee with
basic health and medical benefits on the terms that such benefits are provided
to other executives of the Company with comparable responsibilities. The
Employee will also be entitled to holidays, sick leave and vacation in
accordance with the

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EMPLOYMENT AGREEMENT                                                PAGE 4 OF 19
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Company's policies as they may change from time to time, but in no event shall
the Employee be entitled to less than four (4) weeks paid vacation per year.

     4. EXPENSES.

         (a) Reimbursement for Expenses. The Company will promptly reimburse the
         Employee, in accordance with the Company's policies and practices in
         effect from time to time, for all expenses reasonably incurred by the
         Employee in performance of the Employee's duties under this Agreement,
         including reimbursement for miles driven by the Employee in furtherance
         of the Company's business ("Business Mileage").

            (1) Reimbursement for Business Mileage shall be eighteen cents
            (18(cents)) per mile.

            (2) Business mileage does not include commuting from Employee's
            residence to the Company's headquarters.

            (3) Employee is responsible for proper substantiation and reporting
            of Business Mileage and/or actual expenses.

            (4) Employee acknowledges that the payment to him of a monthly
            vehicle allowance plus the standard mileage rate may result in
            taxable income if the business portion of actual automobile expenses
            is less than the total amount paid to employee under this
            subsection, or if employee does not maintain the records required by
            the Internal Revenue Code and the Regulations thereunder. Employee
            has been advised to consult a tax advisor to determine the
            taxability of payments under this subsection, and the record keeping
            requirements associated with the travel and expenses associated with
            such payments.

         (b) Expense Allowance. In addition to reimbursed expenses, Employee is
         entitled to $400.00 per month as a vehicle allowance.

     5. TERMINATION. The Employee's employment by the Company: (a) shall
terminate upon the Employee's death or disability (as defined below); (b) may be
time; (c) may be terminated by the Company for cause (as defined below) at any
time; (d) may be terminated by the Employee, without cause at any time upon
forty-five (45) days' prior written notice delivered by the Employee to the
Company; (e) may be terminated by the Employee for cause (as defined below) at
any time upon forty-five (45) days' prior written notice delivered by the
Employee to the Company; and (f) may be terminated by the Company for
non-performance by the Employee at any time.

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EMPLOYMENT AGREEMENT                                                PAGE 5 OF 19
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         (a) The term "disability" means the determination under the Company's
         Long-Term Disability Plan that the Employee is eligible to receive a
         disability benefit.

         (b) The term "cause" in the event of termination of the Employee's
         employment by the Company means (i) any breach of Sections 7 or 9 of
         this Agreement by Employee which has a material adverse effect on the
         Company and which is not or cannot be cured within thirty (30) days
         after notice from the Board of Managers of the Company thereof; (ii)
         commission of any act of fraud, embezzlement or dishonesty by the
         Employee that is materially and demonstrably injurious to the Company;
         (iii) any act or omission by Employee which constitutes a uncured
         default or breach of that certain Sprint PCS Management Agreement dated
         July 17, 1998 and as it may be amended from time to time or any other
         similar Sprint Management Agreement to which the Company or any of its
         affiliates or subsidiaries may be a party ("the Sprint Agreement"); or
         (iv) any other intentional misconduct by the Employee adversely
         affecting the business or affairs of the Company in a material manner.
         The term "intentional misconduct by the Employee adversely affecting
         the business or affairs of the Company" shall mean such misconduct that
         is detrimental to the business or the reputation of the Company as it
         is perceived both by the general public and the telecommunications
         industry.

         (c) The term "cause" in the event of termination of the Employee's
         employment by the Employee means the change in job responsibilities of
         the Employee resulting in the demotion, removal or failure to elect
         Employee to the position of CTO or the job responsibilities of that
         position, which demotion, removal or failure to elect is caused by
         something other than cause for termination of the Employee's employment
         by the Company under Section 5(b) hereof and other than the
         non-performance of the Employee as defined under Section 5(d) hereof.

         (d) The term "non-performance by the Employee" in the event of
         termination of the Employee's employment by the Company means the
         determination by a super-majority (greater than 75%) of the members of
         the Board of Managers of the Company, in their sole and absolute
         discretion, that the Employee is not performing his duties under this
         Agreement after the Board of Managers of the Company has delivered to
         the Employee written notice which specifically identifies the manner in
         which the Board believes he is not performing his duties and which is
         not or cannot be cured within 15 days after such written notice is
         delivered to the Employee.

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EMPLOYMENT AGREEMENT                                                PAGE 6 OF 19
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     6. CONSEQUENCES OF TERMINATION.

         (a) CONSEQUENCES OF TERMINATION ON EMPLOYEE'S DEATH OR DISABILITY. If
         the Employee's employment is terminated prior to October 31, 2001,
         because of the Employee's death or disability, (i) subject to Section
         6(g) hereof, this Agreement terminates immediately; (ii) Employee or
         his legal representative or estate, as the case may be, shall be
         eligible to exercise any options granted and vested pursuant to Section
         2(c) hereof at the time of such death or disability, plus, if such
         death or disability does not occur on October 29 of a given year, a
         fractional portion of those options which would have vested and become
         exercisable pursuant to Section 2(c) hereof on the October 29
         immediately following such death or disability based on a fraction
         whose numerator is the number of months (including the month in which
         the date of death or disability occurs) since the previous October 29
         and whose denominator is twelve (12), in accordance with the provisions
         of Section 2(c) hereof, and any other options granted to the Employee
         shall be forfeited; (iii) the Company will pay the Employee, or his
         legal representative or estate, as the case may be, in full
         satisfaction of all of its compensation (base salary and bonus)
         obligations under this Agreement, an amount equal to the sum of any
         base salary due to the Employee through the last day of employment,
         plus any accrued bonus to which the Employee may have been entitled on
         the last day of employment, but had not yet been received; and (iv) the
         Employee's benefits and rights under any Benefit Plan shall be paid,
         retained or forfeited in accordance with the terms of such plan;
         provided, however, that Employer shall have no obligation to make any
         payments toward these benefits for Employee from and after termination.

         (b) CONSEQUENCES OF TERMINATION BY THE COMPANY FOR ANY REASON OTHER
         THAN FOR CAUSE OR FOR NON-PERFORMANCE OF EMPLOYEE

            (1) If the Employee's employment is terminated by the Company prior
            to October 31, 2001, for any reason other than for cause or
            non-performance of Employee, (i) subject to Section 6(g) hereof,
            this Agreement terminates immediately; (ii) Employee or his legal
            representative or estate, as the case may be, shall be eligible to
            exercise any options granted but not exercised pursuant to Section
            2(c) hereof, all of which options shall be deemed vested as of the
            date of the Employee's termination of employment regardless of
            whether or not they are in fact otherwise vested pursuant to Section
            2(c) hereof on said date, in accordance with the provisions of
            Section 2(c) hereof; (iii) the Company will pay the Employee, in
            full satisfaction of all of its compensation (base salary and bonus)
            obligations under this Agreement, an amount equal to the sum of any
            base salary due to the Employee through the last day of employment,
            plus any accrued bonus to which the Employee may have been entitled
            on the last day

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EMPLOYMENT AGREEMENT                                                PAGE 7 OF 19
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            of employment, but had not yet been received; (iv) the Company will
            pay the Employee, within sixty (60) days of such termination, a lump
            sum severance payment equal to one (1) year's base salary as in
            effect at the date of employment termination; and (v) the Employee's
            benefits and rights under any Benefit Plan, other than any basic
            health and medical benefit plan, shall be paid, retained or
            forfeited in accordance with the terms of such plan; provided,
            however, that Employer shall have no obligation to make any payments
            toward these benefits for Employee from and after termination.

            (2) Any payment pursuant to clause (b)(1)(iv) above (the
            "Termination Payment"):

                a. will be subject to offset for any advances, amounts
                receivable, and loans, including accrued interest, outstanding
                on the date of the employment termination; and

                b. will not be subject to offset on account of any remuneration
                paid or payable to the Employee for any subsequent employment
                the Employee may obtain, whether during or after the period
                during which the Termination Payment is made, and the Employee
                shall have no obligation whatever to seek any subsequent
                employment.

         (c) CONSEQUENCES OF TERMINATION FOR CAUSE BY THE COMPANY. If the
         Employee's employment is terminated by the Company prior to October 31,
         2001, for cause, (i) subject to Section 6(g) hereof, this Agreement
         terminates immediately; (ii) Employee shall not be eligible to exercise
         and shall forfeit any options granted (whether or not vested) pursuant
         to Section 2(c) hereof at the time of such employment termination that
         have not already been exercised by the Employee at the time of such
         employment termination; (iii) the Company will pay the Employee, in
         full satisfaction of all of its compensation (base salary and bonus)
         obligations under this Agreement, an amount equal to the sum of any
         base salary due to the Employee through the last day of employment,
         plus any accrued bonus to which the Employee may have been entitled on
         the last day of employment, but had not yet been received; and(iv) the
         Employee's benefits and rights under any Benefit Plan shall be paid,
         retained or forfeited in accordance with the terms of such plan;
         provided, however, that Employer shall have no obligation to make any
         payments toward these benefits for Employee from and after termination.

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EMPLOYMENT AGREEMENT                                                PAGE 8 OF 19
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         (d) CONSEQUENCES OF TERMINATION BY THE EMPLOYEE FOR ANY REASON OTHER
         THAN FOR CAUSE OR EMPLOYEE'S DEATH OR DISABILITY. If, upon forty-five
         (45) days' prior written notice to the Company by the Employee, the
         Employee's employment is terminated by the Employee prior to October
         31, 2001, for any reason other than for cause or Employee's death or
         disability, (i) subject to Section 6(g) hereof, this Agreement
         terminates immediately; (ii) Employee or his legal representative or
         estate, as the case may be, shall be eligible to exercise any options
         granted and vested, but not exercised pursuant to Section 2(c) hereof
         at the time of such employment termination, in accordance with the
         provisions of Section 2(c) hereof, and any other options granted to the
         Employee shall be forfeited; (iii) the Company will pay the Employee,
         in full satisfaction of all of its compensation (base salary and bonus)
         obligations under this Agreement, an amount equal to the sum of any
         base salary due to the Employee through the last day of employment,
         plus any accrued bonus to which the Employee may have been entitled on
         the last day of employment, but had not yet been received; and (iv) the
         Employee's benefits and rights under any Benefit Plan, other than any
         basic health and medical benefit plan, shall be retained or forfeited
         in accordance with the terms of such plan; provided, however, that
         Employer shall have no obligation to make any payments toward these
         benefits for Employee from and after termination.

         (e) CONSEQUENCES OF TERMINATION BY THE EMPLOYEE FOR CAUSE.

            (1) If, upon forty-five (45) days' prior written notice to the
            Company by the Employee, the Employee's employment is terminated by
            the Employee prior to October 31, 2001, for cause (i) subject to
            Section 6(g) hereof, this Agreement terminates immediately; (ii)
            Employee or his legal representative or estate, as the case may be,
            shall be eligible to exercise any options granted and vested
            pursuant to Section 2(c) hereof at the time of such employment
            termination, plus, if such employment termination does not occur on
            October 29 of a given year, those options which would have vested
            and become exercisable pursuant to Section 2(c) hereof on the
            October 29 immediately following such employment termination, in
            accordance with the provisions of Section 2(c) hereof and the option
            agreement referred to therein, and any other options granted to the
            Employee shall be forfeited; (iii) the Company will pay the
            Employee, in full satisfaction of all of its compensation (base
            salary and bonus) obligations under this Agreement, an amount equal
            to the sum of any base salary due to the Employee through the last
            day of employment, plus any accrued bonus to which the Employee may
            have been entitled on the last day of employment, but had not yet
            been received; (iv) the Company will pay the Employee, within sixty
            (60) days of such termination, a lump sum severance payment equal to
            one (1) year's

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EMPLOYMENT AGREEMENT                                                PAGE 9 OF 19
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            base salary as in effect at the date of employment termination or
            the unpaid balance of the annual base salary which would have been
            payable to Employee through October 31, 2001, whichever amount shall
            be less; and (v) the Employee's benefits and rights under any
            Benefit Plan, other than any basic health and medical benefit plan,
            shall be paid, retained or forfeited in accordance with the terms of
            such plan; provided, however, that Employer shall have no obligation
            to make any payments toward these benefits for Employee from and
            after termination.

            (2) Any payment pursuant to clause (e)(1)(iv) above (the
            "Termination Payment"):

                a. will be subject to offset for any advances, amounts
                receivable, and loans, including accrued interest, outstanding
                on the date of the employment termination; and

                b. will not be subject to offset on account of any remuneration
                paid or payable to the Employee for any subsequent employment
                the Employee may obtain, whether during or after the period
                during which the Termination Payment is made, and the Employee
                shall have no obligation whatever to seek any subsequent
                employment.

         (f) CONSEQUENCES OF TERMINATION BY THE COMPANY FOR NON-PERFORMANCE BY
         THE EMPLOYEE. If the Employee's employment is terminated by the Company
         prior to October 31, 2001, for non-performance by the Employee (i)
         subject to Section 6(g) hereof, this Agreement terminates immediately;
         (ii) Employee or his legal representative or estate, as the case may
         be, shall be eligible to exercise any options granted and vested but
         not exercised pursuant to Section 2(c) hereof at the time of such
         employment termination, in accordance with the provisions of Section
         2(c) hereof, and any other options granted to the Employee shall be
         forfeited; (iii) the Company will pay the Employee, in full
         satisfaction of all of its compensation (base salary and bonus)
         obligations under this Agreement, an amount equal to the sum of any
         base salary due to the Employee through the last day of employment,
         plus any accrued bonus to which the Employee may have been entitled on
         the last day of employment, but had not yet been received; and (iv) the
         Employee's benefits and rights under any Benefit Plan, other than any
         basic health and medical benefit plan, shall be paid, retained or
         forfeited in accordance with the terms of such plan; provided, however,
         that Employer shall have no obligation to make any payments toward
         these benefits for Employee from and after termination.

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EMPLOYMENT AGREEMENT                                               PAGE 10 OF 19
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         (g) PRESERVATION OF CERTAIN PROVISIONS. Notwithstanding any provisions
         of this Agreement to the contrary, the provisions of Sections 7 through
         12 hereof shall survive the expiration or termination of this Agreement
         as necessary to give full effect to all of the provisions of this
         Agreement.

     7. NON-COMPETITION BY EMPLOYEE. During the term of this Agreement, the
Employee shall not, directly or indirectly, either as an Employee, Employer,
Consultant, Agent, Principal, Partner, Corporate Officer, Director, Shareholder,
Member, Investor or in any other individual or representative capacity, engage
or participate in any business that is in competition in any manner whatever
with the business of the Company. For these purposes, the business of the
Company is establishing and providing mobile wireless communications services
(the "Business"), including all aspects of the Business, within the Service Area
as that term is defined in the Schedule of Definitions referred to in and
incorporated by reference into the Sprint Agreement. Furthermore, upon the
expiration of this Agreement or the termination of this Agreement prior to
October 31, 2001, for any reason, the Employee expressly agrees not to engage or
participate, directly or indirectly, either as an Employee, Employer,
Consultant, Agent, Principal, Partner, Stockholder, Corporate Officer, Director,
Shareholder, Member, Investor or in any other individual or representative
capacity, for a period of two (2) years in any business that is in competition
with the Business and that is located within and/or doing business within the
Service Area as defined above as in existence during the term of the Employee's
employment with the Company. The parties agree that the Company has a legitimate
interest in protecting the Business and goodwill of the Company that has
developed in the areas of the Company's Business and in the geographical areas
of this Covenant Not To Compete as a result of the operations of the Company.
The parties agree that the Company is entitled to protection of its interests in
these areas. The parties further agree that the limitations as to time,
geographical area, and scope of activity to be restrained do not impose a
greater restraint upon Employee than is necessary to protect the goodwill or
other business interest of the Company. The parties further agree that in the
event of a violation of this Covenant Not To Compete, that the Company shall be
entitled to the recovery of damages from Employee and/or an injunction against
Employee for the breach or violation or continued breach or violation of this
Covenant. The Employee agrees that if a court of competent jurisdiction
determines that the length of time or any other restriction, or portion thereof,
set forth in this Section 7 is overly restrictive and unenforceable, the court
may reduce or modify such restrictions to those which it deems reasonable and
enforceable under the circumstances, and as so reduced or modified, the parties
hereto agree that the restrictions of this Section 7 shall remain in full force
and effect. The Employee further agrees that if a court of competent
jurisdiction determines that any provision of this Section 7 is invalid or
against public policy, the remaining provisions of this Section 7 and the
remainder of this Agreement shall not be affected thereby, and shall remain in
full force and effect.

     8. EXCEPTIONS TO NON-COMPETITION COVENANTS. Notwithstanding anything herein
to the contrary or apparently to the contrary, the following shall not be a
violation or breach of the non-competition covenants contained in this
Agreement. Employee may

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EMPLOYMENT AGREEMENT                                               PAGE 11 OF 19
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invest in the securities of any enterprise (but without otherwise participating
in the activities of such enterprise) if (a) such securities are listed on any
national or regional securities exchange or have been registered under Section
12(g) of the Securities Exchange Act of 1934 and (b) the Employee does not
beneficially own (as defined in Rule 13d-3 promulgated under the Securities
Exchange Act of 1934) in excess of 5% of the outstanding capital stock of such
enterprise. In addition, employee's investment in any company or entity in which
Employer is an owner or stockholder at the time of entering into this Amended
and Restated Employment Agreement shall also be an exception to the
non-competition covenants. The names of these companies or entities are shown on
the attached Exhibit B, which is incorporated herein by this reference as if
copied at length. Notwithstanding the foregoing, the Employee's relationship
with other entities or business interests of Employee shall in no way interfere
with or detract from the duties of the Employee to the Company as called for in
this Agreement.

     9. CONFIDENTIAL INFORMATION. The Employee recognizes and acknowledges that
he will have access to, and the Company agrees that it will provide certain
information of members of the Company Group (as defined below) and that such
information is confidential and constitutes valuable, special and unique
property of such members of the Company Group. The parties agree that the
Company has a legitimate interest in protecting the Confidential Information, as
defined below. The parties agree that the Company is entitled to protection of
its interests in the Confidential Information. The Employee shall not at any
time, either during or subsequent to the term of this Agreement, disclose to
others, use, copy or permit to be copied, except in pursuance of his duties for
and on behalf of the Company, it successors, assigns or nominees, any
Confidential Information of any member of the Company Group (regardless of
whether developed by the Employee) without the prior written consent of the
Company. Employee acknowledges that the use or disclosure of the Confidential
Information to anyone or any third party could cause monetary loss and damages
to the Company. The parties further agree that in the event of a violation of
this covenant against non-use and non-disclosure of Confidential Information,
that the Company shall be entitled to a recovery of damages from Employee and/or
an injunction against Employee for the breach or violation or continued breach
or violation of this covenant.

     As used herein, "Company Group" means the Company, and any entity that
directly or indirectly controls, is controlled by, or is under common control
with, the Company, and for purposes of this definition "control" means the
possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of such entity, whether through the
ownership of voting securities, by contract or otherwise.

     The term "Confidential Information" with respect to any person means any
secret or confidential information or know-how and shall include, but shall not
be limited to, the plans, financial and operating information, customers,
supplier arrangements, contracts, costs, prices, uses, and applications of
products and services, results of investigations, studies or experiments owned
or used by such person, and all apparatus, products, processes, compositions,
samples, formulas, computer programs, computer hardware

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 12 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   13

designs, computer firmware designs, and servicing, marketing or manufacturing
methods and techniques at any time used, developed, investigated, made or sold
by such person, before or during the term of this Agreement, that are not
readily available to the public or that are maintained as confidential by such
person. The Employee shall maintain in confidence any Confidential Information
of third parties received as a result of his employment with the Company in
accordance with the Company's obligations to such third parties and the policies
established by the Company.

     10. DELIVERY OF DOCUMENTS UPON TERMINATION. The Employee shall deliver to
the Company or its designee at the termination of his employment all
correspondence, memoranda, notes, records, drawings, sketches, plans, customer
lists, product compositions, and other documents and all copies thereof, made,
composed or received by the Employee, solely or jointly with others, that are in
the Employee's possession, custody, or control at termination and that are
related in any manner to the past, present, or anticipated business or any
member of the Company Group. In this regard, the Employee hereby grants and
conveys to the Company all right, title and interest in and to, including
without limitation, the right to possess, print, copy, and sell or otherwise
dispose of, any reports, records, papers, summaries, photographs, drawings or
other documents, and writings, and copies, abstracts or summaries thereof, that
may be prepared by the Employee or under his direction or that may come into his
possession in any way during the term of his employment with the Company that
relate in any manner to the past, present or anticipated business of any member
of the Company Group.

     11. DISPUTES. The Company and Employee agree to the following in regard to
any disputes between them arising under any of the provisions of this Agreement
other than the provisions of Sections 7 through 10 hereof. Nothing in this
Section 11 applies to or governs disputes arising under Sections 7 through 10 of
this Agreement.

         (a) MEDIATION. The Company and Employee agree to mediate any dispute
         arising under the applicable provisions of this Agreement. In the event
         of any such dispute, the parties, within thirty (30) days of a written
         request for mediation, shall attend, in good faith, a mediation in
         order to make a good faith reasonable effort to resolve such dispute
         arising under this Agreement. The parties shall attempt, in good faith,
         to agree to a mediator. If unable to so agree, the parties, in that
         event, will move to arbitration as provided in this Agreement and there
         will be no mediation. If this good faith mediation effort fails to
         resolve any dispute arising under this Agreement, the Company and
         Employee agree to arbitrate any dispute arising under this Agreement.
         This arbitration shall occur only after the mediation process described
         herein.

         (b) ARBITRATION. The Company and Employee agree, as concluded by the
         parties to this Agreement on the advice of their counsel, and as
         evidenced by the signatures of the parties and of their respective
         attorneys, that all questions as to rights and obligations arising
         under the terms of this

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 13 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   14

         Agreement are subject to arbitration and such arbitration shall be
         governed by the provisions of the Texas General Arbitration Act (Texas
         Civil Practice and Remedies Code ss. 171.001 et seq as it may be
         amended from time to time).

         (c) DEMAND FOR ARBITRATION. If a dispute should arise under this
         Agreement, either party may within thirty (30) days make a demand for
         arbitration by filing a demand in writing with the other.

         (d) APPOINTMENT OF ARBITRATORS. The parties to this Agreement may agree
         on one arbitrator, but in the event that they cannot so agree, there
         shall be three arbitrators, one named in writing by each of the parties
         within thirty (30) days after demand for arbitration is made, and a
         third to be chosen by the two so named. The arbitrators among
         themselves shall appoint a presiding arbitrator. Should either party
         fail to timely join in the appointment of the arbitrators, the
         arbitrators shall be appointed in accordance with the provisions of
         Texas Civil Practice and Remedies Code ss. 171.041.

         (e) HEARING. All arbitration hearings conducted under the terms of this
         Agreement, and all judicial proceedings to enforce any of the
         provisions of this Agreement, shall take place in Lubbock County,
         Texas. The hearing before the arbitrators of the matter to be
         arbitrated shall be at the time and place within that County selected
         by the arbitrators or if deemed by the arbitrators to be more
         convenient for the parties or more economically feasible, may be
         conducted in any city within the Service Area as referred to in Section
         7 hereof or within the State of Texas.

         (f) ARBITRATION AWARD. If there is only one arbitrator, his or her
         decision shall be binding and conclusive. The submission of a dispute
         to the arbitrators and the rendering of their decision shall be a
         condition precedent to any right of legal action on the dispute. A
         judgment confirming the award of the arbitrators may be rendered by any
         court having jurisdiction; or the court may vacate, modify, or correct
         the award in accordance with the provisions of the Texas General
         Arbitration Act (Texas Civil Practice and Remedies Code ss. 171.087 et
         seq as it may be amended from time to time).

         (g) COSTS OF ARBITRATION. The costs and expenses of arbitration,
         including the fees of the arbitrators but excluding any attorneys'
         fees, shall be advanced by the Company, but will ultimately be borne by
         the losing party or in such proportions as the arbitrators shall
         determine.

         (h) CONDUCT OF ARBITRATION. Any arbitration brought under the terms of
         this Agreement shall be conducted in the following manner:

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 14 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   15

         (1) Time Limitations. The parties agree that the following time
         limitations shall govern the arbitration proceedings conducted under
         the terms of this Agreement:

            (a) Any demand for arbitration must be filed within thirty (30) days
            of the date the mediation is deemed unsuccessful, or thirty (30)
            days after the date of the written request for mediation, whichever
            is later.

            (b) Each party must select an arbitrator within thirty (30) days of
            receipt of notice that an arbitration proceeding has commenced. In
            the event that no such selection is made, the arbitrator selected by
            the other party may conduct the arbitration proceeding without
            selecting any other arbitrator.

            (c) The hearing must be held within sixty (60) days of the date on
            which the third arbitrator is selected.

            (d) Hearing briefs must be submitted no later than ten (10) days
            after the hearing.

            (e) The arbitration award must be made within thirty (30) days of
            the receipt of hearing briefs.

         (2) Discovery in Arbitration Proceedings. The parties agree that
         discovery may be conducted in the course of the arbitration proceeding
         in accordance with the following provisions:

            (a) Each party may notice no more than three (3) depositions in
            total, including both witnesses adherent to the adverse party and
            third-party witnesses.

            (b) Each party may serve no more than twenty-five (25) requests for
            admission on the other party. No requests may be served within ten
            (10) days of the date of hearing, unless the parties otherwise
            stipulate. All requests for admission shall be responded to within
            ten (10) days of service of the requests, unless the parties
            otherwise stipulate.

            (c) Each party may serve no more than fifty (50) interrogatories on
            the other party. No interrogatory shall contain subparts, or concern
            more than one topic or subject of inquiry. Interrogatories may not
            be phrased so as to circumvent the effect of this clause. No
            interrogatories may be served within ten (10) days of the date of
            hearing, unless the

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 15 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   16

            parties otherwise stipulate. All interrogatories shall be responded
            to within ten (10) days of service of the interrogatories, unless
            the parties otherwise stipulate.

            (d) Each party may serve no more than ten (10) requests for
            production of documents on the other party. No request for
            production of documents shall contain subparts, or seek more than
            one type of document. Requests for production of documents may not
            be phrased so as to circumvent the effect of this clause. Unless the
            parties otherwise stipulate, requests for production of documents
            may not be served within ten (10) day of the date of hearing, and
            all requests for production of documents shall be responded to
            within ten (10) days of service of the requests.

            (e) If any party contends that the other party has served discovery
            requests in a manner not permitted by this Section, or that the
            other party's response to a discovery request is unsatisfactory, the
            party may request the presiding arbitrator to resolve such discovery
            disputes. The presiding arbitrator shall prescribe the procedure by
            which such disputes are resolved. Any discovery dispute may be
            handled by telephone conference among the parties and the presiding
            arbitrator.

     12. SUCCESSORS; BINDING AGREEMENT; ASSIGNMENT. The Company shall require
any successor (whether direct or indirect, by purchase, merger, consolidation or
otherwise) to all or substantially all of the business or assets of the Company
to expressly assume and agree in writing to perform this Agreement in the same
manner and to the same extent that the Company would be required to perform it
if no such succession had taken place, provided that the Employee must be given
the position as the Chief Technology Officer ("CTO") of such successor with the
same authority, powers and responsibilities set forth in Section 1 hereof with
respect to the subsidiary or subdivision which operates the business of the
Company as it exists on the date of such business combination. Upon the date on
which the Company becomes a wholly-owned subsidiary of Holdings, the Company
shall be required to assign all of its rights and obligations hereunder to
Holdings and Holdings shall expressly assume and agree to perform this Agreement
in the same manner and to the same extent that the Company would be required to
perform it, provided that the Employee must be given the position as Chief
Technology Officer of Holdings with the same authority, powers and
responsibilities set forth in Section 1 hereof. Failure of the Company to obtain
such express assumption and agreement at or prior to the effectiveness of any
such succession or event shall be a breach of this Agreement and shall entitle
the Employee to compensation and benefits from the Company in the same amount
and on the same terms to which the Employee would be entitled hereunder if the
Company terminated the Employee's employment without Cause, except that all
options will be immediately vested. For purposes of

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 16 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   17

implementing the foregoing, the date on which any such succession becomes
effective shall be deemed the date of termination. As used in this Agreement,
"Company" shall mean the Company as hereinbefore defined and any successor to
its business or assets as aforesaid which assumes and agrees to perform this
Agreement by operation of law, or otherwise. The Company may not assign this
Agreement, (i) except in connection with, and to the acquiror of, all or
substantially all of the business or assets of the Company, provided such
acquiror expressly assumes and agrees in writing to perform this Agreement as
provided in this Section, and (ii) except in connection with the Company
becoming a wholly-owned subsidiary of Holdings, in which event the Company may
assign this Agreement and all of the Company's rights and obligations hereunder
to Holdings. The Employee may not assign his rights or delegate his duties or
obligations under this Agreement.

     13. NOTICE. Any notices or other communications required or permitted to be
given hereunder shall be in writing and shall be deemed to have been duly made
or given when hand delivered, one (1) business day after being transmitted by
telecopier (confirmed by mail) or sent by overnight courier against receipt, or
five (5) days after being mailed by registered or certified mail, postage
prepaid, return receipt requested, to the party to whom such communication is
given at the address set forth below, which address may be changed by notice
given in accordance with this Section:

     If to the Company:             Alamosa PCS LLC
                                    4403 Brownfield Highway
                                    Lubbock, Texas  79407
                                    Attn:  David E. Sharbutt, Chairman

     With Copy to:                  Jack McCutchin, Jr.
                                    Crenshaw, Dupree & Milam, L.L.P.
                                    P. O. Box 1499
                                    Lubbock, Texas 79408-1499

     If to the Employee:            W. Don Stull
                                    4009 92nd Street
                                    Lubbock, Texas  79423

     With Copy to:
                                    -----------------------------------

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

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

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

     14. MISCELLANEOUS.

         (a) SEVERABILITY. If any provision of this Agreement shall be declared
         to be invalid or unenforceable, in whole or in part, such invalidity or

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 17 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   18

         unenforceability shall not affect the remaining provisions hereof which
         shall remain in full force and effect.

         (b) NO ORAL MODIFICATION, WAIVER OR DISCHARGE. No provisions of this
         Agreement may be modified, waived or discharged orally, but only by a
         waiver, modification or discharge in writing signed by the Employee and
         such officer as may be designated by the Board of Managers of the
         Company to execute such a waiver, modification or discharge. No waiver
         by either party hereto at any time of any breach by the other party
         hereto of, or failure to be in compliance with, any condition or
         provision of this Agreement to be performed by such other party shall
         be deemed a waiver of similar or dissimilar provisions or conditions at
         the time or at any prior or subsequent time. No agreements or
         representations, oral or otherwise, express or implied, with respect to
         the subject matter hereof have been made by either party which are not
         expressly set forth or referred to in this Agreement or in the
         documents attached as Exhibits to this Agreement.

         (c) INVALID PROVISIONS. Should any portion of this Agreement be
         adjudged or held to be invalid, unenforceable or void, such holding
         shall not have the effect of invalidating or voiding the remainder of
         this Agreement and the parties hereby agree that the portion so held
         invalid, unenforceable or void shall, if possible, be deemed amended or
         reduced in scope, or otherwise be stricken from this Agreement to the
         extent required for the purposes of validity and enforcement thereof.

         (d) ENTIRE AGREEMENT. This Agreement and the Exhibits attached hereto
         represent the entire agreement of the parties and shall supersede any
         and all previous contracts, arrangements or understandings, express or
         implied, between the Employee and the Company with respect to the
         subject matter hereof.

         (e) SECTION HEADINGS FOR CONVENIENCE ONLY. The section headings herein
         are for the purpose of convenience only and are not intended to define
         or limit the contents of any section.

         (f) EXECUTION IN COUNTERPARTS. The parties may sign this Agreement in
         counterparts, all of which shall be considered one and the same
         instrument.

         (g) GOVERNING LAW AND PERFORMANCE. This Agreement shall be governed by
         the laws of the State of Texas and shall be deemed to be executed in
         and performance called for in Lubbock, Lubbock County, Texas, or at the
         Company's sole option, by the laws of the state or states where this
         Agreement may be at issue in any litigation involving the Company.

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 18 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   19

     DATED this 2nd day of February, 2000, to be effective October 1, 1999.

                                  COMPANY

                                  ALAMOSA PCS LLC

                                  By: /s/ David E. Sharbutt
                                     ---------------------------------------
                                  Name: /s/ David E. Sharbutt
                                       -------------------------------------
                                  Title: Chief Executive Officer
                                        ------------------------------------

                                  EMPLOYEE

                                  /s/ W, Don Stull
                                  ------------------------------------------
                                  W. DON STULL

================================================================================
EMPLOYMENT AGREEMENT                                               PAGE 19 OF 19
ALAMOSA PCS LLC and W. Don Stull

<PAGE>   20

Approved as to the mediation and arbitration provisions in Paragraph 12 above.

                                  CRENSHAW, DUPREE & MILAM, L.L.P.

                                  By /s/ Jack McCutchin, Jr.
                                     ------------------------------------
                                     JACK McCUTCHIN, JR.
                                     Attorneys for Alamosa PCS LLC

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

                                  ---------------------
                                  Attorney for Employee

Attachment: Exhibit "A" -  The Minimum, Expected and Exceptional Milestones for
                           the Third Quarter and Fourth Quarter of 1999 as
                           adopted by the Board of Managers of the Company

            Exhibit "B" -  List of Companies or Entities Excepted from Covenants

<PAGE>   21
                                    EXHIBIT A

                                    EXHIBIT A
                                 ALAMOSA PCS LLC
                                 3Q99 OBJECTIVES

                                  MINIMUM       EXPECTED     EXCEPTIONAL
MARKET LAUNCH (25%)(1)

El Paso                           Nov 1999      July 1999    -------

Las Cruces                        Jan 2000      July 1999    -------

Laredo                            Aug 1999      July 1999    June 1999

Lubbock                           March 2000    Sept 1999    Aug 1999

Amarillo                          July 2000     Sept 1999    Aug 1999

Midland/Odessa                    May 2000      Sept 1999    Aug 1999

I-27                              Dec 2001      Oct 1999     Aug 1999

TRAINING OF MARKET PERSONNEL (10%)

<TABLE>
<CAPTION>

                                 60% by Launch    80% by Launch     100% by Launch(2)
<S>                               <C>              <C>             <C>
SUBSCRIBERS (25%)                   5,500            6,151           6,775 (+/-10%)
REVENUE PER UNIT (10%)(3)           51.62            54.34           55.70 (-5%+2.5%)
QUARTERLY OPERATING EXPENSES (10%)
                                    $8,045           $7,662          $7,279
PREPAREDNESS EVALUATION BY SPRINT PCS (10%)

                                    Not Ready        Ready           Exceptional

MARKET PLAN IMPLEMENTED (10%)       After Launch     At Launch       7 Days Prior to Launch(4)
</TABLE>

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

     (1)  Launch is defined as "Hard" Launch
     (2)  Launch is defined as "Hard" Launch
     (3)  Revenue per unit is defined as the gross ARPU w/o Roaming
     (4)  Launch is defined as "Hard" Launch

<PAGE>   22

                                    EXHIBIT A
                                 ALAMOSA PCS LLC
                                 4Q99 OBJECTIVES

                                    MINIMUM      EXPECTED      EXCEPTIONAL

MARKET LAUNCH (30%)(1)

Albuquerque                         Nov 1999     Oct 1999      Sept 1999

Santa Fe                            Nov 1999     Oct 1999      Sept 1999

Abilene                             Nov 2000     Nov 1999      Oct 1999

San Angelo                          Jan 2001     Nov 1999      Oct 1999

I-25                                Dec 2001     March 2000    Nov 1999

I-27                                Dec 2001     Oct 1999      Aug 1999

SUBSCRIBERS (30%)                   17,600       19,943        21,937 (+/-10%)
CAPITAL EXPENDITURES (10%)(2)       $100M        $96M          $92M
REVENUE PER UNIT (10%)(3)AVG.       51.62        54.34         55.70
YTD EBITDA (20%)                    ($19,860)    ($18,914)     ($17,968)

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

     (1)  Launch is defined as "Hard" Launch
     (2)  Not to exceed without Board approval
     (3)  Revenue per unit is defined as the gross ARPU w/o Roaming

<PAGE>   23

                                    EXHIBIT B

                      TO EMPLOYMENT AGREEMENT OF DON STULL

              LIST OF COMPANIES OR ENTITIES EXCEPTED FROM COVENANTS

NONE.<PAGE>   1

                                                                    EXHIBIT 10.3

                              AMENDED AND RESTATED
                              CONSENT AND AGREEMENT
                             (Nortel/Alamosa Texas)

         This Amended and Restated Consent and Agreement (this "Consent and
Agreement") is entered into as of February 8, 2000, between SPRINT SPECTRUM
L.P., a Delaware limited partnership ("Sprint Spectrum"), SPRINTCOM, INC., a
Kansas corporation ("SprintCom"), SPRINT COMMUNICATIONS COMPANY, L.P., a
Delaware limited partnership ("Sprint Communications"), Cox Communications PCS,
L.P., a Delaware limited partnership ("Cox Communications"), Cox PCS License,
LLC, a Delaware limited liability company ("Cox License"), WIRELESSCO, L.P., a
Delaware limited partnership ("WirelessCo" and together with Sprint Spectrum,
SprintCom, Sprint Communications, Cox Communications and Cox License the "Sprint
Parties"), and NORTEL NETWORKS INC., a Delaware corporation, as administrative
agent (together with any successors thereof in accordance with the Credit
Agreement hereinafter described, the "Administrative Agent") for the lenders
under that certain Credit Agreement among ALAMOSA PCS, INC., a Delaware
corporation ("Borrower"), the Administrative Agent and the lenders from time to
time party thereto (the "Lenders").

         The parties are entering into this Consent and Agreement because (1)
Alamosa PCS LLC, a Texas limited liability company ("Former Alamosa"), and the
Sprint Parties entered into a Sprint PCS Management Agreement dated December 23,
1999 (which Sprint PCS Management Agreement superseded the Sprint PCS Management
Agreement entered into by Former Alamosa and certain of the Sprint Parties on
July 17, 1998), (2) Former Alamosa has reorganized or will reorganize its
ownership and operating structure, resulting in Borrower (rather than Former
Alamosa) being the borrower under the Credit Agreement and a new wholly-owned
subsidiary of Borrower (rather than Former Alamosa) being the Manager under the
Sprint PCS Management Agreement and thereby operating the Service Area Network
and owning the Operating Assets, and (3) Borrower and certain of its affiliated
parties and the Administrative Agent are entering into an Amended and Restated
Credit Agreement. This Consent and Agreement amends, restates, and supersedes
that certain Consent and Agreement entered into as of June 10, 1999, by and
among certain of the Sprint Parties and the Administrative Agent, which was
acknowledged by the Former Alamosa.

         Texas Telecommunications, LP, a Texas limited partnership ("Texas
Telecommunications" or "Affiliate"), has succeeded or will succeed as Manager to
the Sprint PCS Management Agreement dated December 23, 1999 (the "Management
Agreement") between Former Alamosa and the Sprint Parties providing for the
design, construction and management of the Service Area Network (as therein
defined). Texas Telecommunications is a subsidiary of Borrower. Affiliate has
also assumed Former Alamosa's obligations and responsibilities under and with
respect to the Sprint PCS Services Agreement (as it may be amended, modified, or
supplemented from time to time, the "Services Agreement") and the Sprint
Trademark and Service Mark License Agreement and the Sprint Spectrum Trademark
and Service Mark License Agreement (together, as they may be amended, modified,
or supplemented from time to time, the "License Agreements") (the Management
Agreement, the Services Agreement and the License Agreements and all other
agreements between Affiliate, Borrower, or their respective subsidiaries, on the
one hand, and any one or more of the Sprint Parties or any subsidiary of Sprint
Corporation on the other hand (whether entered into prior to, on, or after the
date hereof) that relate to the Service Area Network as they may be amended,
modified, or supplemented from time to time, collectively, the "Sprint
Agreements").

<PAGE>   2

         Borrower and certain of its affiliated entities have entered into or
concurrently herewith are entering into that certain Amended and Restated Credit
Agreement dated as of February 8, 2000, with the Administrative Agent and the
Lenders (such Credit Agreement, as it may be amended, supplemented, restated,
replaced or otherwise modified from time to time, the "Credit Agreement"), to
provide financing for a portion of the costs of the design and construction of
the Service Area Network and for certain other purposes. The Credit Agreement
and each note, security agreement, pledge agreement, guaranty and any and all
other agreements, documents or instruments entered into in connection with any
of the foregoing, as the same may from time to time be amended, supplemented,
restated, replaced or otherwise modified from time to time, shall collectively
be referred to as the "Loan Documents."

         The Obligations under the Loan Documents are guaranteed by Alamosa PCS
Holdings, Inc., the sole shareholder of Borrower, Affiliate and the other
affiliates of Borrower (collectively, the "Guarantors") pursuant to those
certain Guaranty Agreements executed by the Guarantors in favor of the
Administrative Agent (the "Guaranty Documents").

         As a condition to the availability of credit to Borrower under the
Credit Agreement, the Administrative Agent and the Lenders have required the
execution and delivery of this Consent and Agreement by the Sprint Parties and
have required that Borrower, Affiliate and the other Guarantors acknowledge,
consent and agree to all terms and provisions of this Consent and Agreement.

         One or more of the Sprint Parties hold, directly or indirectly, the
licenses for the service areas managed by Affiliate as contemplated in the
Management Agreement. As used in this Consent and Agreement, the term "Sprint
PCS" shall refer in each particular instance or application to the Sprint Party
that owns the License in that portion of the Service Area to which the subject
of the instance or application applies.

         All capitalized terms in this Consent and Agreement shall have the same
meanings ascribed to them in the Management Agreement unless otherwise provided
in this Consent and Agreement; provided, that the terms "Commitments",
"Default", "Event of Default", "Loan Documents" and "Obligations" shall have the
meanings ascribed to them in the Credit Agreement.

         Accordingly, each Sprint Party and the Administrative Agent, on behalf
of itself and for the Lenders, hereby agree as follows:

         SECTION 1. Consent to Security Interest. In connection with the
transactions contemplated by the Credit Agreement and the other Loan Documents,
(a) Borrower has granted or will grant to the Administrative Agent, for the
benefit of the Lenders, a first priority security interest in and lien upon
substantially all of its assets and property, tangible and intangible, whether
now owned or hereafter acquired or arising, and all proceeds and products
thereof and accessions thereto, and a first priority security interest in and
pledge of all partnership interests, membership interests or other equity
interests in Affiliate (the "Pledged Equity"), and (b) Affiliate has granted or
will grant to the Administrative Agent, for the benefit of the Lenders, a first
priority security interest in and lien upon substantially all of its assets and
property, tangible and intangible, whether now owned or hereafter acquired or
arising, and all proceeds and products thereof and accessions thereto, including
but not limited to the Operating Assets, and a first priority security interest
and lien upon the rights of Affiliate in, to and under the

                                        2

<PAGE>   3

Sprint Agreements. The foregoing security interests, liens and pledges are
referred to collectively as the "Security Interests" and the foregoing assets
and property in which the Administrative Agent, for the benefit of the Lenders,
has been or will be granted a first priority security interest in and lien are
referred to collectively as the "Collateral". In addition to the foregoing, each
of the other affiliated entities of Borrower and Affiliate have granted or will
grant to the Administrative Agent, for the benefit of the Lenders, a first
priority security interest in and lien upon substantially all of its assets and
property, tangible and intangible, whether now owned or hereafter acquired or
arising, and all proceeds and products thereof and accessions thereto, which
security interests and liens are referred to collectively as the "Additional
Security Interests" and which assets and property are referred to collectively
as the "Additional Collateral." Each Sprint Party (i) acknowledges notice of the
Credit Agreement and the other Loan Documents, (ii) consents to the granting of
the Security Interests in the Collateral and of the Additional Security
Interests in the Additional Collateral to the Administrative Agent, for the
benefit of the Lenders, and (iii) agrees that (a) neither it nor any subsidiary
of Sprint Corporation will challenge or contest that the Security Interests and
the Additional Security Interests are valid, enforceable and duly perfected
first priority security interests and liens in and to the Collateral and the
Additional Collateral, (b) neither it nor any subsidiary of Sprint Corporation
will argue that any such Security Interest or Additional Security Interest is
subject to avoidance, limitation or subordination under any legal or equitable
theory or cause of action, and (c) so long as the Management Agreement is in
effect, it will not sell, transfer or assign all or part of the Licenses that
Affiliate has the right to use; provided, however, that notwithstanding the
foregoing, a Sprint Party may at any time sell, transfer or assign all or part
of the Licenses that Affiliate has the right to use in accordance with a
transaction allowed under Section 17.15.5 of the Management Agreement, so long
as the buyer, transferee or assignee, as the case may be, agrees to be bound by
the terms of this Consent and Agreement as such terms relate to such Licenses.

         Each Sprint Party acknowledges and agrees that (i) Sections 17.15.1 and
17.15.2 of the Management Agreement do not apply to the assignment of
Affiliate's rights under the Sprint Agreements to the Administrative Agent or
the Lenders under the Loan Documents or in connection with a transaction
permitted pursuant to this Consent and Agreement to any other Person pursuant to
the Loan Documents or to any other assignment in connection with any transaction
permitted pursuant to this Consent and Agreement and (ii) Section 17.15.3 of the
Management Agreement shall not apply to any Change of Control of Affiliate in
connection with the exercise by the Administrative Agent of any of its rights or
remedies under the Loan Documents, including without limitation in connection
with the sale of the partnership, membership or shareholder interests of
Affiliate to any Person or to any other Change of Control of Affiliate;
provided, however, Section 17.15.3 of the Management Agreement shall apply to
any such transaction if such transaction is not with the Administrative Agent or
the Lenders or is not a transaction permitted pursuant to this Consent and
Agreement. It is understood that any assignment described in this Section 1 to
the Administrative Agent or the Lenders is hereby consented to by the Sprint
Parties; provided, that any subsequent assignment by the Administrative Agent or
the Lenders shall be in accordance with the terms of this Consent and Agreement.

         SECTION 2. Payments. Upon receipt of the Administrative Agent's written
instructions, each Sprint Party agrees to make all payments (if any) to be made
by it under the Sprint Agreements, subject to its rights of setoff or recoupment
with respect to such payments as permitted under Section 10.6 of the Management
Agreement, to Affiliate directly to the Administrative Agent, or otherwise as
the

                                       3

<PAGE>   4

Administrative Agent shall direct; provided, that during the period that Sprint
PCS is making such payments directly to the Administrative Agent or its designee
pursuant to this Section 2, Sprint PCS' setoff and recoupment rights under such
Section 10.6 shall not be limited to undisputed amounts. The Administrative
Agent hereby agrees that the Administrative Agent will not give any such written
instructions for it to receive such payments directly from a Sprint Party unless
an Event of Default has occurred under the Credit Agreement and is continuing.
Such written instructions to make payments directly to the Administrative Agent
shall be effective only so long as an Event of Default is continuing, and the
Administrative Agent will revoke such instructions promptly following the cure
of such Event of Default. Any payments made by any Sprint Party directly to, or
at the direction of, the Administrative Agent shall fully satisfy any obligation
of such Sprint Party to make payments to Affiliate under the Sprint Agreements
to the extent of such payments.

         SECTION 3. Notice and Effect of Event of Default, Management Agreement
Breach and Event of Termination. The Administrative Agent agrees to provide to
Sprint PCS a copy of any written notice that Administrative Agent sends to
Borrower, promptly after sending such notice, that a Default or an Event of
Default has occurred and is continuing, and Sprint PCS agrees to provide to the
Administrative Agent a copy of any written notice that Sprint PCS sends to
Affiliate, promptly after sending such notice, that an Event of Termination or
an event that if not cured, or if notice is provided, will constitute an Event
of Termination (each of an Event of Termination and an event that if not cured
would constitute an Event of Termination, a "Management Agreement Breach") has
occurred. The Sprint Parties acknowledge that the Administrative Agent has
informed them that an Event of Termination constitutes an Event of Default under
the Loan Documents, and the Sprint Parties further acknowledge that the
Management Agreement does not prohibit Affiliate from curing such an Event of
Default.

         SECTION 4. Event of Default without a Management Agreement Breach.

                  (a) Affiliate Remains as Manager or Interim Manager Appointed.
         Upon and during the continuation of an Event of Default when no
         Management Agreement Breach as to which Sprint PCS has given the
         Administrative Agent notice exists on the original date of occurrence
         of such Event of Default, the Administrative Agent may, by prior
         written notice to Sprint PCS, (i) allow Affiliate to continue to act as
         the Manager under the Sprint Agreements, (ii) appoint Sprint Spectrum
         to act as "Interim Manager" under the Sprint Agreements, or (iii)
         appoint a Person other than Sprint Spectrum to act as Interim Manager
         under the Sprint Agreements. If the Administrative Agent initially
         allows Affiliate to continue to act as the Manager under the Sprint
         Agreements, the Administrative Agent may later, during a continuation
         of an Event of Default, remove the Affiliate as Manager and take the
         action described above in clauses (ii) and (iii). The date on which a
         Person begins serving as Interim Manager shall be the "Commencement
         Date."

                  (b) Sprint Spectrum or Sprint Spectrum Designee as Interim
         Manager. If the Administrative Agent appoints Sprint Spectrum as
         Interim Manager, within 14 days after its appointment Sprint Spectrum
         shall accept the position or designate another Person (a "Sprint
         Spectrum Designee") to act as Interim Manager under the Sprint
         Agreements. The Administrative Agent shall accept Sprint Spectrum and
         any Sprint Spectrum Designee that is then acting as an Other Manager
         (other than Affiliate) to act as Interim Manager under the

                                       4

<PAGE>   5

         Sprint Agreements. Any Sprint Spectrum Designee that is not an Other
         Manager must be acceptable to the Administrative Agent, which
         acceptance will not be unreasonably withheld. If, within 30 days after
         the Administrative Agent gives Sprint Spectrum notice of its
         appointment as Interim Manager, Sprint Spectrum or a Sprint Spectrum
         Designee does not agree to act as Interim Manager, then the
         Administrative Agent shall have the right to appoint an Administrative
         Agent Designee as Interim Manager in accordance with Section 4(c). At
         the discretion of the Administrative Agent, Sprint Spectrum or the
         Sprint Spectrum Designee shall serve as Interim Manager for up to six
         months from the Commencement Date.

                  Upon the expiration of its initial six-month period as Interim
         Manager under the Sprint Agreements, Sprint Spectrum or the Sprint
         Spectrum Designee will agree, at the written request of the
         Administrative Agent, to serve as Interim Manager for up to six months
         from such expiration date until the Administrative Agent gives Sprint
         Spectrum or the Sprint Spectrum Designee at least 30 days' written
         notice of its desire to terminate the relationship; provided, that the
         extended period will be for 12 months rather than six months (for a
         complete term of 18 months) in the event, as of the date of the
         initial appointment, the aggregate number of pops that Affiliate and
         all Other Managers have the right to serve under their respective
         management agreements with the Sprint Parties is less than 40 million
         (such six or 12 month period, the "Extension Period"). If Sprint
         Spectrum's or the Sprint Spectrum Designee's term as Interim Manager
         is so extended at the request of the Administrative Agent, then the
         Administrative Agent agrees that Sprint Spectrum's or the Sprint
         Spectrum Designee's right to be reimbursed by the Affiliate promptly
         for all amounts previously expended by Sprint Spectrum or the Sprint
         Spectrum Designee under Section 11.6.3 of the Management Agreement
         (which expenditures were incurred in accordance with Section 9 of this
         Consent and Agreement) shall no longer be subordinated to the
         Obligations as provided in Section 9 in this Consent and Agreement,
         and Sprint Spectrum's or the Sprint Spectrum Designee's right to be
         reimbursed by Affiliate for any expenses it incurs pursuant to its
         rights under Section 11.6.3 of the Management Agreement as provided in
         the Management Agreement (which expenditures were incurred in
         accordance with Section 9 of this Consent and Agreement) shall not be
         subject to the subordination to the Obligations as provided in Section
         9 of this Consent and Agreement; provided, that Sprint Spectrum or the
         Sprint Spectrum Designee's right to be reimbursed for amounts expended
         under Section 11.6.3 of the Management Agreement that exceed in an
         aggregate amount 5% of Affiliate's partner's, shareholder's or
         member's equity or capital account plus Affiliate's long-term debt
         (i.e., notes that on their face are scheduled to mature more than one
         year from the date issued), as reflected on Affiliate's books (the
         "Reimbursement Limit") shall remain subordinated to the Obligations as
         provided in Section 9 of this Consent and Agreement. Notwithstanding
         any other provision in this Section 4(b) to the contrary, Sprint
         Spectrum or the Sprint Spectrum Designee shall not be required to
         continue to serve as Interim Manager during the Extension Period at
         any time after 30 days following delivery by it to the Administrative
         Agent of written notice that Sprint Spectrum or the Sprint Spectrum
         Designee needs to expend amounts under Section 11.6.3 of the
         Management Agreement that Sprint Spectrum or the Sprint Spectrum
         Designee reasonably believes will not be reimbursed based on the
         projected Collected Revenues for the remainder of the Extension Period
         or reimbursed by the Lenders. If it becomes necessary for Sprint
         Spectrum or the Sprint Spectrum Designee to expend any amount that it
         believes will not be reimbursed or that exceeds the

                                       5

<PAGE>   6

         Reimbursement Limit, Sprint Spectrum or the Sprint Spectrum Designee
         is not required to incur such expense.

                  Upon the termination or expiration of the term of Sprint
         Spectrum or the Sprint Spectrum Designee as Interim Manager, the
         Administrative Agent shall have the right to appoint a successor
         Interim Manager in accordance with Section 4(c).

                  (c) Administrative Agent Designee as Interim Manager. If the
         Administrative Agent elects to appoint a Person other than Sprint
         Spectrum to act as Interim Manager under the Sprint Agreements (an
         "Administrative Agent Designee") as permitted under Sections 4(a)(iii)
         and 4(b), such Administrative Agent Designee must (i) agree to serve as
         Interim Manager for six months unless terminated earlier by Sprint PCS
         because of a material breach by the Administrative Agent Designee of
         the terms of the Sprint Agreements that is not timely cured or by the
         Administrative Agent in its discretion, (ii) meet the applicable
         "Successor Manager Requirements" set forth below in Section 13, and
         (iii) agree to comply with the terms of the Sprint Agreements but will
         not be required to assume the existing liabilities of Affiliate. In
         the case of a proposed Administrative Agent Designee, Sprint PCS shall
         provide to the Administrative Agent, within 10 Business Days after the
         request therefor, a detailed description of all information reasonably
         requested by Sprint PCS to enable Sprint PCS to determine if a
         proposed Administrative Agent Designee satisfies the Successor Manager
         Requirements. Sprint PCS agrees to inform Administrative Agent within
         20 days after it receives such information respecting such proposed
         Administrative Agent Designee from the Administrative Agent whether
         such designee satisfies the Successor Manager Requirements. If Sprint
         PCS does not so inform the Administrative Agent within such 20-day
         period, then Sprint PCS shall be deemed to agree, for all purposes of
         this Consent and Agreement, that such proposed designee satisfies the
         Successor Manager Requirements. A Person that satisfies the Successor
         Manager Requirements (or is deemed to satisfy such requirements)
         qualifies under the Management Agreement to become a Successor
         Manager, unless the Administrative Agent Designee materially breaches
         the terms of a Sprint Agreement while acting as Interim Manager or no
         longer meets the Successor Manager Requirements. The Administrative
         Agent Designee may continue to serve as Interim Manager after the
         initial six-month period at the Administrative Agent's discretion, so
         long as the Administrative Agent Designee continues to satisfy the
         Successor Manager Requirements and it does not materially breach the
         terms of the Sprint Agreements. If the Administrative Agent Designee
         materially breaches any Sprint Agreement while acting as Interim
         Manager, then Sprint PCS and the Administrative Agent have the rights
         set forth in Section 5; provided, that Sprint PCS may not allow
         Affiliate to act as the Manager of the Sprint Agreements without the
         Administrative Agent's consent.

         SECTION 5. Event of Default Created by a Management Agreement Breach.

                  (a) Affiliate Remains as Manager or Interim Manager Appointed.
         Upon an Event of Default created by a Management Agreement Breach (so
         long as at such time an Event of Default not created by a Management
         Agreement Breach as to which Administrative Agent has given Sprint PCS
         notice is not in existence), Sprint PCS may by prior written notice to
         Administrative Agent (i) allow Affiliate to continue to act as the
         Manager under the Sprint Agreements if approved by the Administrative
         Agent, (ii) act as Interim Manager under the Sprint Agreements (in the
         case of Sprint Spectrum) or appoint Sprint Spectrum as Interim Manager
         (in the case of SprintCom), or (iii) appoint a Sprint Spectrum Designee
         to act as Interim Manager under the

                                       6

<PAGE>   7

         Sprint Agreements as provided in paragraph (b) below. If Sprint PCS
         initially allows Affiliate to continue to act as the Manager under the
         Sprint Agreements, Sprint PCS may later remove the Affiliate as
         Manager and take the action described above in clauses (ii) and (iii).
         The Administrative Agent shall have no right to appoint an Interim
         Manager when an Event of Default is caused by a Management Agreement
         Breach (unless an Event of Default not created by a Management
         Agreement Breach is in existence), unless Sprint PCS elects not to act
         as Interim Manager or to appoint a Sprint Spectrum Designee.

                  (b) Sprint Spectrum or Sprint Spectrum Designee as Interim
         Manager. If Sprint Spectrum acts as Interim Manager or designates a
         Sprint Spectrum Designee to act as Interim Manager under the Sprint
         Agreements, the Interim Manager shall serve as Interim Manager for up
         to six months from the Commencement Date, at the discretion of Sprint
         Spectrum. The Administrative Agent shall accept Sprint Spectrum and any
         Sprint Spectrum Designee that is then acting as an Other Manager (other
         than Affiliate) to act as Interim Manager under the Sprint Agreements.
         Any Sprint Spectrum Designee that is not then acting as an Other
         Manager must be acceptable to the Administrative Agent, which
         acceptance will not be unreasonably withheld.

                  Upon the expiration of its initial six-month period as Interim
         Manager under the Sprint Agreements, Sprint Spectrum or the Sprint
         Spectrum Designee will agree to serve as Interim Manager for the
         Extension Period until the Administrative Agent gives Sprint Spectrum
         or the Sprint Spectrum Designee at least 30 days' written notice of its
         desire to terminate the relationship. If Sprint Spectrum's or the
         Sprint Spectrum Designee's term as Interim Manager is extended, then
         the Administrative Agent agrees that Sprint Spectrum's or the Sprint
         Spectrum Designee's right to be reimbursed by the Affiliate promptly
         for all amounts previously expended by Sprint Spectrum or the Sprint
         Spectrum Designee under Section 11.6.3 of the Management Agreement
         (which expenditures were incurred in accordance with Section 9 of this
         Consent and Agreement) shall no longer be subordinated to the
         Obligations as provided in Section 9 of this Consent and Agreement, and
         Sprint Spectrum's or the Sprint Spectrum Designee's right to be
         reimbursed by the Affiliate for any expenses it incurs pursuant to its
         rights under Section 11.6.3 of the Management Agreement as provided in
         the Management Agreement (which expenditures were incurred in
         accordance with Section 9 of this Consent and Agreement) shall not be
         subject to subordination to the Obligations as provided in Section 9 of
         this Consent and Agreement; provided, that Sprint Spectrum's or the
         Sprint Spectrum Designee's right to be reimbursed for amounts expended
         under Section 11.6.3 of the Management Agreement in an aggregate amount
         that exceed the Reimbursement Limit shall remain subordinated to the
         Obligations as provided in Section 9 of this Consent and Agreement.
         Notwithstanding any other provision in this Section 5(b) to the
         contrary, Sprint Spectrum or the Sprint Spectrum Designee shall not be
         required to continue to serve as Interim Manager during the Extension
         Period at any time after 30 days following delivery by it to the
         Administrative Agent of written notice that Sprint Spectrum or the
         Sprint Spectrum Designee needs to expend amounts under Section 11.6.3
         of the Management Agreement that Sprint Spectrum or the Sprint Spectrum
         Designee reasonably believes will not be reimbursed based on the
         projected Collected Revenues for the remainder of the Extension Period
         or reimbursed

                                       7

<PAGE>   8

         by the Lenders. If it becomes necessary for Sprint Spectrum or the
         Sprint Spectrum Designee to expend any amount that it believes will
         not be reimbursed or that exceeds the Reimbursement Limit, Sprint
         Spectrum or the Sprint Spectrum Designee is not required to incur such
         expense.

                  Upon the termination or expiration of the term of Sprint
         Spectrum or the Sprint Spectrum Designee as Interim Manager and with
         the consent of the Administrative Agent (which consent shall not be
         unreasonably withheld or delayed), Sprint Spectrum shall have the right
         to appoint a successor Interim Manager in accordance with Section 5(a).

                  (c) Administrative Agent Designee as Interim Manager.
         Notwithstanding anything in paragraph (a) above to the contrary, if,
         after Acceleration (as defined in Section 6(a) of this Consent and
         Agreement) and within 30 days after Sprint PCS gives the Administrative
         Agent notice of a Management Agreement Breach, Sprint Spectrum does not
         agree to act as Interim Manager or does not obtain the consent of a
         Sprint Spectrum Designee to act as Interim Manager under the Sprint
         Agreements, or if Sprint Spectrum or the Sprint Spectrum Designee gives
         the Administrative Agent notice of its resignation as Interim Manager
         and Sprint Spectrum fails to appoint a successor in accordance with
         Section 5(b) within 30 days after such resignation, the Administrative
         Agent may appoint an Administrative Agent Designee to act as Interim
         Manager. Such Administrative Agent Designee must (i) agree to serve as
         Interim Manager for six months unless terminated earlier by Sprint PCS
         because of a material breach by the Administrative Agent Designee of
         the terms of the Sprint Agreements or by the Administrative Agent in
         its discretion, (ii) meet the applicable Successor Manager
         Requirements, and (iii) agree to comply with the terms of the Sprint
         Agreements. In the case of a proposed Administrative Agent Designee,
         Sprint PCS shall provide to the Administrative Agent, within 10
         Business Days after the request therefor, a detailed description of
         all information reasonably requested by Sprint PCS to enable Sprint
         PCS to determine if a proposed Administrative Agent Designee satisfies
         the Successor Manager Requirements. Sprint PCS agrees to inform
         Administrative Agent within 20 days after it receives such information
         respecting such proposed Administrative Agent Designee from the
         Administrative Agent whether such designee satisfies the Successor
         Manager Requirements. If Sprint PCS does not so inform the
         Administrative Agent within such 20-day period, then Sprint PCS shall
         be deemed to agree, for all purposes of this Consent and Agreement,
         that such proposed designee satisfies the Successor Manager
         Requirements. A Person that satisfies the Successor Manager
         Requirements qualifies under the Management Agreement to become a
         Successor Manager, unless the Administrative Agent Designee materially
         breaches the terms of a Sprint Agreement while acting as Interim
         Manager or no longer meets the Successor Manager Requirements. The
         Administrative Agent Designee may continue to serve as Interim Manager
         after the initial six-month period at the Administrative Agent's
         discretion, so long as the Administrative Agent Designee continues to
         satisfy the Successor Manager Requirements and it does not materially
         breach the terms of the Sprint Agreements. If the Administrative Agent
         Designee materially breaches any Sprint Agreement while acting as
         Interim Manager, then Sprint PCS and the Administrative Agent have the
         rights set forth in Section 5; provided, that Sprint PCS may not allow
         Affiliate to act as the Manager of the Sprint Agreements without the
         Administrative Agent's consent.

                                       8

<PAGE>   9

         SECTION 6. Purchase and Sale of the Operating Assets. Upon the
occurrence and during the continuation of an Event of Default, the following
provisions shall govern the purchase and sale of the Operating Assets:

                  (a) Acceleration of the Obligations Under the Loan Documents.
         In the event the Lenders accelerate the maturity of the Obligations
         under the Loan Documents (an "Acceleration" and, the date thereof, an
         "Acceleration Date"), the Administrative Agent shall give written
         notice thereof to Sprint PCS. Upon receipt of notice of Acceleration,
         Sprint PCS shall have the right, to which right Borrower and Affiliate,
         by acknowledging this Consent and Agreement, expressly agree, to
         purchase the Operating Assets from Borrower and Affiliate for an amount
         equal to the greater of (i) 72% of the Entire Business Value (as
         defined in the Management Agreement), valued in accordance with the
         procedure set forth in Section 11.7 of the Management Agreement (with
         the assumption that the deemed ownership of the Disaggregated License
         under Section 11.7.3 of the Management Agreement includes the transfer
         of the Sprint PCS customers as contemplated by Section 11.4 of the
         Management Agreement), and (ii) the aggregate amount of the
         Obligations. Sprint PCS shall, within 60 days of receipt of notice of
         Acceleration, give Borrower, Affiliate and the Administrative Agent
         notice of its intent to exercise the purchase right. In the event
         Sprint PCS gives the Administrative Agent written notice of its intent
         to purchase the Operating Assets, the Administrative Agent agrees that
         it shall not enforce its Security Interests in the Collateral until the
         earlier to occur of (i) expiration of the period consisting of 120 days
         after the Acceleration Date (or such later date that shall be provided
         for in the purchase agreement and acceptable to the Administrative
         Agent in its discretion to close the purchase of the Operating Assets)
         or (ii) receipt by Administrative Agent, Borrower and Affiliate from
         Sprint PCS of written notice that Sprint PCS has determined not to
         proceed with the closing of the purchase of the Operating Assets for
         any reason. If after the 120-day period after the Acceleration Date,
         Borrower or Affiliate receives any purchase offer for the Operating
         Assets or the Pledged Equity that is confirmed in writing by Borrower
         or Affiliate to be acceptable to Borrower or Affiliate, Sprint PCS
         shall have the right, subject to the consent of the Administrative
         Agent, to purchase the Operating Assets or the Pledged Equity, as the
         case may be, on terms and conditions at least as favorable to Borrower
         and Affiliate as the terms and conditions proposed in such offer so
         long as within 14 Business Days after Sprint PCS's receipt of such
         other offer Sprint PCS offers to purchase the Operating Assets or
         the Pledged Equity and so long as the conditions of Sprint PCS's
         offer and the amount of time it will take Sprint PCS to effect such
         purchase is acceptable to Borrower, Affiliate and Administrative
         Agent. Any such offer shall be confirmed in writing by the third
         party offeror. In the event Sprint PCS exercises its rights under
         this Section 6(a), (i) Borrower and Affiliate shall sell the Operating
         Assets or the Pledged Equity to Sprint PCS, (ii) the Administrative
         Agent and the Lenders shall consent to such purchase and sale provided
         that the proceeds thereof shall be sufficient to repay the aggregate
         amount of the Obligations, and (iii) Sprint PCS shall make all
         payments to be made under this Section 6(a) to Administrative Agent
         for its application against the Obligations and any additional
         amounts shall be paid to Borrower or Affiliate or other owner of the
         assets sold unless otherwise required by law or by this Consent and
         Agreement. The purchase right of the Sprint Parties under this Section
         6(a) shall be in substitution of the purchase rights of the Sprint
         Parties under Section 11.6.1 of the Management Agreement. If Sprint PCS
         purchases the Operating Assets or the Pledged Equity as permitted under
         this Section 6(a), the Administrative Agent and the

                                       9

<PAGE>   10

         Guarantors will release or assign their interests in the Collateral,
         the Additional Collateral and the Guaranty Documents as described
         below in Section 6(e) upon payment in full of the aggregate amount of
         the Obligations and the termination of all Commitments to advance
         credit under the Credit Agreement.

                  (b) Sale of Operating Assets to Third Parties. If the Sprint
         Parties do not purchase the Operating Assets after an Acceleration as
         described above in Section 6(a), the Collateral may be sold as follows:

                           (i) Sale to Successor Manager. The Collateral may be
         sold by the Administrative Agent (in its sole discretion) in the
         exercise of certain of its rights and remedies as a secured party under
         the Loan Documents or by Borrower or Affiliate, at the discretion of
         the Administrative Agent, to a person that satisfies the Successor
         Manager Requirements. Sprint PCS shall provide to the Administrative
         Agent, with a copy to Borrower, within 10 Business Days after the
         request therefor, a detailed description of all information reasonably
         requested by Sprint PCS to enable Sprint PCS to determine if a proposed
         buyer satisfies the Successor Manager Requirements. Sprint PCS agrees
         to inform the Administrative Agent and Borrower within 20 days after it
         receives such information respecting such proposed buyer from the
         Administrative Agent whether such designee satisfies the Successor
         Manager Requirements. If Sprint PCS does not so inform the
         Administrative Agent within such 20-day period, then Sprint PCS shall
         be deemed to agree, for all purposes of this Consent and Agreement,
         that such proposed designee satisfies the Successor Manager
         Requirements. If the proposed buyer satisfies the Successor Manager
         Requirements (or is deemed to satisfy such requirements) and wishes to
         become a "Successor Manager", the buyer must agree to be bound by the
         Sprint Agreements; provided, that buyer shall have no responsibility or
         liability for any liability to any Person other than a Sprint Party and
         Related Party of Sprint PCS arising out of Affiliate's operations prior
         to the date buyer becomes bound by the Sprint Agreements. In such case
         the Sprint Agreements shall remain in full force and effect with the
         buyer as Successor Manager and this Consent and Agreement shall remain
         in full force and effect for the benefit of the Successor Manager and
         any Person providing senior secured debt financing to such Successor
         Manager if required by such Person. Sprint PCS agrees, with respect to
         any past failure of Affiliate to perform any obligation under the
         Sprint Agreements, that the Successor Manager shall have the same
         amount of time to perform such obligation that Affiliate had under the
         Sprint Agreements, with the performance period commencing on the date
         on which the buyer becomes a Successor Manager. Sprint PCS shall
         permit the performance period set forth in the Management Agreement to
         be extended for such period of time that Sprint PCS believes is
         reasonable to allow Successor Manager to perform such unperformed
         obligations.

                           (ii) Sale to Other than Successor Manager. The
         Collateral may be sold pursuant to the exercise by the Administrative
         Agent or the Lenders of their rights and remedies under the Loan
         Documents or by Borrower or Affiliate, at the discretion of the
         Administrative Agent (subject to requirements of applicable law) to a
         person that does not satisfy the Successor Manager Requirements or to a
         person that does not wish to become a Successor Manager, but only under
         the following conditions:

                                       10

<PAGE>   11

                                    (A) the Sprint Parties may terminate the
         Sprint Agreements with such buyer following the closing of such
         purchase (and the Administrative Agent and the buyer shall have no
         rights thereto or thereunder with respect to events occurring after
         the closing of such purchase);

                                    (B) the buyer may purchase the Disaggregated
         License as described below in Section 6(b)(iv) and with the
         Disaggregated License having the characteristics described in the
         definition thereof; and

                                    (C) the purchase agreement with the buyer
         contains the requirements set forth in Section 6(c) of this Consent
         and Agreement.

                           (iii) Confidentiality Agreement. Before any potential
         buyer is provided Confidential Information respecting the potential
         purchase of any of the Collateral (which buyer shall be entitled to
         receive), the potential buyer shall execute a confidentiality agreement
         in the form attached as Exhibit A with such changes thereto as may be
         reasonably requested by the parties to the agreement; provided,
         however, in the event the potential buyer does not satisfy the
         Successor Manager Requirements or has notified Borrower, Sprint PCS or
         the Administrative Agent that it does not intend to be a Successor
         Manager, Confidential Information that constitutes or relates to any
         technical, marketing, financial, strategic or other information
         concerning any of the Sprint Parties and that does not pertain to the
         business of Affiliate shall not be permitted to be provided to such
         potential buyer.

                           (iv) Sale of Disaggregated Licenses. Sprint PCS will
         sell Disaggregated Licenses as follows when required under Section
         6(b)(ii)(B):

                                    (A) If a buyer wishes to purchase spectrum
         in connection with its purchase of the Operating Assets, it will
         purchase such spectrum from the Affiliate and Sprint PCS as follows.
         The buyer will purchase from the Affiliate or its Related Parties any
         licenses that Affiliate or such Related Parties own (the "Affiliate's
         Licenses"). If the Affiliate's Licenses were not being used to operate
         the Service Area Network, Sprint PCS will reimburse the buyer for the
         microwave relocation costs incurred to clear the spectrum bought from
         the Affiliate or its Related Parties that the buyer will need to use
         to operate the Service Area Network as constructed on the date that
         the buyer purchases the Operating Assets. If the buyer does not meet
         the FCC requirements to buy the Affiliate's Licenses, the buyer will
         seek a waiver from the FCC of the restrictions that prohibit the
         buyer's ownership of such licenses. While any such FCC application is
         pending and while the buyer is clearing the microwave from the
         Affiliate's spectrum, the buyer may continue to use Sprint PCS'
         Spectrum on which the Service Area Network operates. Sprint PCS will
         sell its Disaggregated Licenses as described in Sections 6(b)(iv)(B),
         6(b)(iv)(C) and 6(b)(iv)(D) only in those BTAs in which (1) the
         Affiliate or its Related Parties do not own a license or the
         obligation to sell the license is unenforceable, (2) the FCC will not
         approve the transfer of the Affiliate's License to the buyer, or (3)
         Sprint PCS determines that it does not wish to reimburse the buyer for
         the cost of the microwave relocation.

                                       11

<PAGE>   12

                                    (B) If the buyer, an entity with respect to
         which such buyer directly or indirectly through one or more persons
         owns the total voting power or at least 50% of the total voting power
         or at least 50% of the total equity (a "controlled entity"), an entity
         that directly or indirectly through one or more persons has a parent
         entity that owns at least 50% of the voting power or at least 50% of
         the total equity of both the buyer and the common controlled entity (a
         "common controlled entity"), owns a license to provide wireless
         service to at least 50% of the pops in a BTA with respect to which
         such buyer proposes to purchase Spectrum (each a "Restricted Party"
         with respect to such BTA), the buyer may buy only 5 MHZ of Spectrum
         from Sprint PCS for such BTA.

                                    (C) If the buyer is not a Restricted Party
         for a BTA with respect to which such buyer proposes to purchase
         Spectrum, and either does not satisfy the Successor Manager
         Requirements (other than those set forth in Section 13(b) of this
         Consent and Agreement) or does not wish to be a Successor Manager,
         then the buyer may buy 5 MHZ, 7.5 MHZ or 10 MHZ of Spectrum from
         Sprint PCS as the buyer determines in its sole discretion.

                                    (D) If Sprint PCS sells a Disaggregated
         License to a buyer as required under this Section 6(b)(iv), the buyer
         must pay a price equal to the sum of (1) the original cost of the
         applicable License to Sprint PCS pro rated on a pops and spectrum
         basis, plus (2) the microwave relocation costs paid by Sprint PCS
         attributable to clearing the Spectrum in the Disaggregated License,
         plus (3) the amount of carrying costs to Sprint PCS attributable to
         such original cost and microwave relocation costs from the date of
         this Consent and Agreement to and including the date on which the
         Disaggregated License is transferred to the buyer, based on a rate of
         12 percent per annum.

                  (c) No Direct Solicitation of Customers. Upon the sale of the
         Collateral or the Disaggregated License in accordance with this Consent
         and Agreement pursuant to Section 6(b)(ii), then the Sprint Parties
         agree to transfer to the buyer thereof the customers with a MIN
         assigned to the Service Area covered by the Disaggregated License, but
         Sprint PCS shall retain the customers of a national account and any
         resellers who are then party to a resale agreement with Sprint PCS.
         Each Sprint Party agrees to take all actions reasonably requested by
         the buyer of the Collateral to fully transfer to such purchaser such
         customers. Each Sprint Party agrees that neither it nor any of its
         Related Parties will directly or indirectly solicit, for six months
         after the date of transfer, the customers with a MIN assigned to the
         Service Area covered by the Disaggregated License; provided, that
         Sprint PCS retains the customers of a national account and any
         resellers that have entered into a resale agreement with Sprint PCS,
         Sprint PCS may advertise nationally, regionally and locally, and engage
         direct marketing firms to solicit customers generally. If the buyer
         continues to operate the purchased assets as a wireless network in the
         same geographic area on a network that is technologically compatible
         with Sprint PCS's network, the buyer and Sprint PCS shall each agree
         to provide roaming services to the other (in the case of Sprint PCS,
         the roaming services shall be provided to those customers of buyer in
         the geographic area serviced by the Disaggregated License roaming
         nationally and, in the case of buyer, the roaming services shall be
         provided to those customers of Sprint PCS roaming in the geographic
         area covered by the Disaggregated License) pursuant to a roaming
         agreement to be entered into between buyer and Sprint PCS and to be
         mutually agreed upon so long as such agreement is based on Sprint
         PCS's then standard roaming

                                       12

<PAGE>   13

         agreement used by Sprint PCS in the industry and the price that each
         party shall pay the other party for roaming services provided to the
         first party shall be a price equal to the lesser of: (1) MFN Pricing
         provided by buyer to third parties roaming in the geographic area
         serviced by the Disaggregated License; and (2) the national average
         paid by Sprint PCS to third parties for Sprint PCS's customers to roam
         in such third parties' geographic areas (including Other Managers).
         Such obligations with respect to roaming shall continue until such
         roaming agreement is terminated pursuant to its terms. The buyer shall
         agree in writing that if it continues to operate the purchased assets
         as a wireless network in the same geographic area on a network that is
         technologically compatible with Sprint PCS's network, the buyer shall,
         to the extent required by law, provide resale to Sprint PCS in the
         geographic area covered by the Disaggregated License at the MFN
         Pricing that buyer charges third parties who purchase resale from
         buyer; provided, however, if buyer is not offering resale to any other
         customers then pricing of resale provided to Sprint PCS shall be as
         mutually agreed; and provided, further, however, whether or not buyer
         is required by law to offer such resale, buyer shall offer such resale
         (on the terms described in this sentence) to national customers of
         Sprint PCS.

                  (d) Deferral of Portion of Collected Revenues. (i) Under
         Section 10.1.1 of the Management Agreement, Sprint PCS retains 8% of
         the Collected Revenues on a weekly basis (the "Retained Amount").
         Following an Acceleration and for up to two years after such
         Acceleration, Sprint PCS shall retain only one half of the Retained
         Amount, and the remaining one half of the Retained Amount shall be
         advanced to Affiliate (or, if so directed by the Administrative Agent
         pursuant to Section 2 hereof, to the Administrative Agent) at the time
         the weekly fee provided under Section 10.1.1 of the Management
         Agreement is paid; provided, that after the first anniversary of the
         Acceleration Date, Sprint PCS shall retain the entire Retained Amount
         if Sprint PCS is not serving as the Interim Manager.

                           (ii) The portion of the Retained Amount advanced to
         Affiliate (or, if so directed by the Administrative Agent pursuant to
         Section 2 hereof, to the Administrative Agent) (the "Deferred Amount")
         shall be evidenced by a promissory note executed by Affiliate
         contemporaneously with this Consent and Agreement in the form of
         Exhibit B hereto (the "Deferred Amount Note").

                           (A) Amounts will be drawn on the Deferred Amount Note
                  each time Sprint PCS advances a Deferred Amount to Affiliate
                  or the Administrative Agent.

                           (B) The Deferred Amount Note will bear interest at a
                  rate equal to the greatest of (I) the average interest rate of
                  Affiliate's secured debt, (II) the average rate of Affiliate's
                  unsecured debt, and (III) Sprint PCS' cost of capital.

                           (C) The Deferred Amount Note shall mature on the
                  earlier of (I) the date on which a Successor Manager is
                  qualified and assumes Affiliate's rights and obligations under
                  the Sprint Agreements, and (II) the date on which the
                  Operating Assets are purchased by a third-party buyer, or on
                  which a stock or other equity acquisition, merger,
                  consolidation or other transaction resulting in

                                       13

<PAGE>   14

                  the indirect transfer of the Operating Assets to a
                  third-party buyer (an "Indirect Transfer") is consummated.

                           (iii) In the event a Successor Manager assumes any of
         the obligations of Affiliate under the Sprint Agreements, such
         Successor Manager shall also assume the obligations under the Deferred
         Amount Note. In the event that the Operating Assets are sold to a third
         party buyer or an Indirect Transfer is consummated, the obligations of
         Affiliate under the Deferred Amount Note shall be subordinate to
         Borrower's obligations to its secured lenders.

                           (iv) After the two-year anniversary of the
         Acceleration, or earlier if a Successor Manager is appointed or if
         Sprint PCS is not serving as the Interim Manager, Sprint PCS will again
         retain the full Retained Amount.

                  (e) Payment of Obligations; Release and Assignment of Rights.
The term "Obligations" means the amount equal to the Obligations, after taking
into consideration any amounts received from the Guarantors.

                  If Sprint PCS purchases the Operating Assets or the Pledged
Equity as permitted under Section 6(a) or Section 10, and the Obligations have
been paid in full and the Credit Agreement and all Commitments have terminated
or been assigned to a Sprint Party: (i) the Guarantors will have no right to any
amounts paid by Sprint PCS pursuant to such purchase (except to the extent such
purchase is pursuant to Section 6(a) and the amount paid by Sprint PCS exceeds
the amount of the Obligations and is not payable to other creditors of Borrower
or Affiliate); (ii) the Administrative Agent will, at the election of Sprint
PCS, either release or assign to Sprint PCS all Security Interests in the
Collateral and all Additional Security Interests in the Additional Collateral
and release or assign to Sprint PCS all rights related to the Loan Documents and
the Guaranty Documents and all payments under the Loan Documents and the
Guaranty Documents; and (iii) the Guarantors will, at the election of Sprint
PCS, release or assign to Sprint PCS, any and all rights they have against the
Collateral and the Additional Collateral or arising out of any payment to the
Administrative Agent or any Sprint Party with respect to the Loan Documents or
the Guaranty Documents.

         SECTION 7. No Limits on Remedies. Nothing contained in this Consent and
Agreement shall limit any rights of the Administrative Agent or Lenders to
Accelerate. Except as expressly provided herein, nothing contained in this
Consent and Agreement shall limit any rights or remedies that the Administrative
Agent or the Lenders may have under the Loan Documents or applicable law. The
Administrative Agent may not sell, lease, assign, convey or otherwise dispose of
the Collateral other than as permitted under this Consent and Agreement.

         SECTION 8. Rights and Obligations of Interim Manager. The Interim
Manager may collect a reasonable management fee for its services; provided, that
if Sprint Spectrum or a Related Party of Sprint PCS acts as Interim Manager,
such management fee shall not exceed the direct expenses relating to Sprint
Spectrum or such Related Party employees for the actual time spent by such
employees when performing the function of Interim Manager and Sprint Spectrum's
or such Related Party's out-of-pocket expenses. Such direct expenses shall
include such employees' salaries and benefits, and

                                       14

<PAGE>   15

the out-of-pocket and accrued expenses allocated to such employees. If Sprint
Spectrum is the Interim Manager, the management fee will be paid out of the 92%
Management Fee that Sprint PCS pays under the Management Agreement, and will be
in addition to the fees it receives under the Services Agreement. Sprint PCS
shall collect such management fee by setoff against the fees and any other
amounts payable to Affiliate under the Sprint Agreements. The Interim Manager
will be required to operate the Service Area Network in accordance with the
terms of the Sprint Agreements and will be subject to all of the requirements
and obligations of such agreements, but will not be required to assume the
existing liabilities of Affiliate.

         SECTION 9. Rights to Cure. Neither the provisions of this Consent and
Agreement nor any action of either Administrative Agent or Sprint PCS shall
require either Administrative Agent, any Lender or Sprint PCS to cure any
default of Affiliate under the Sprint Agreements or to perform under the Sprint
Agreements, but shall only give it the option to do so except to the extent
otherwise required by this Consent and Agreement. Sprint PCS may exercise its
rights under Section 11.6.3 of the Management Agreement upon an Event of
Termination, whether such situation arises while Affiliate, Sprint Spectrum, an
Administrative Agent Designee or a Sprint Spectrum Designee is acting as Interim
Manager and notwithstanding any other provision of this Consent and Agreement;
provided, that the right to reimbursement for any expenses incurred in
connection with such cure shall be unsecured and until such time as the
Obligations have been paid in full in cash and all commitments to advance credit
under the Credit Agreement have terminated or expired, the Person or Persons
entitled thereto shall not receive such reimbursement, except as specifically
provided in Section 4(b) or Section 5(b) of this Consent and Agreement. Sprint
PCS shall not be permitted to deduct or setoff from its payments to Affiliate
any such amounts it is not entitled to receive under this Section and shall not
take any action of any type to attempt to collect such reimbursement and the
failure to be so reimbursed shall not constitute a Management Agreement Breach.
In the event that Sprint PCS receives any payments or distributions that it is
not entitled to receive under this Section, such payments shall be held in trust
for, and promptly turned over to, the parties entitled thereto. If Sprint PCS
has designated a third party to take action under Section 11.6.3 of the
Management Agreement, before taking any such action such third party shall enter
into an agreement with Administrative Agent providing that such third party
agrees to the provisions of this Section 9 as if it were a party hereto. Until
such time as the Obligations have been paid in full in cash and all commitments
to advance credit under the Credit Agreement have terminated or expired, Sprint
PCS shall not be entitled to exercise any other remedies under the Sprint
Agreements, including, without limitation, the remedy of terminating the Sprint
Agreements (except to the extent permitted under Sections 6(b)(ii)(A) and 12 of
this Consent and Agreement) or the remedy of withholding any payment set forth
in Section 10 of the Management Agreement (subject to Sprint PCS's rights of
setoff or recoupment with respect to such payments as permitted under Sections
2, 4(b) and 5(b) of this Consent and Agreement). Until such time as the
Obligations have been paid in full in cash and all commitments to advance credit
under the Credit Agreement have terminated or expired, notwithstanding anything
to the contrary contained in Section 2.3 of the Management Agreement, in no
event shall any Person other than Affiliate or a Successor Manager be a manager
or operator for Sprint PCS with respect to the Service Area and neither Sprint
PCS nor any of its Related Parties shall own, operate, build or manage another
wireless mobility communications network in the Service Area, except to the
extent provided in Sections 2.3(a), (b), (c) or (d) of the Management Agreement
and except to the extent that the Sprint Agreements are terminated in accordance
with Section 6(b)(ii)(A) of this Agreement. The Administrative Agent
acknowledges and agrees that Sprint PCS shall also have the right to cure an
Event of Default or to assist Affiliate in curing an Event of Default but only
to the

                                       15

<PAGE>   16

extent Borrower has the right to so cure under the Loan Documents, as applicable
(it being understood that the act of Sprint PCS curing an Event of Default shall
not constitute an independent Event of Default unless the act itself would
otherwise constitute a Default (e.g. a sale of assets not otherwise permitted by
the Loan Documents)), including but not limited to Sprint PCS's providing
Borrower the funds necessary to operate or meet certain financial covenants in
the Loan Documents. The Administrative Agent shall have the right to cure any
Management Agreement Breach.

         SECTION 10. Sprint PCS's Right to Purchase Obligations, Operating
Assets, or Pledged Equity. (a) Following the Acceleration Date and until the
60-day anniversary of the filing of a bankruptcy petition by or with respect to
Borrower or Affiliate, Sprint PCS shall have the right to purchase the
Obligations under, and as defined in, the Credit Agreement, by repaying the
Obligations in full in cash. In the event that Sprint PCS purchases the
Obligations within 60 days immediately following the earlier of (i) the
Acceleration Date and (ii) the date of the filing of a bankruptcy petition by or
with respect to Borrower or Affiliate, Sprint PCS may in lieu of purchasing the
total amount of the Obligations, purchase all Obligations other than the accrued
interest with respect thereto for a purchase price equal to the amount of the
Obligations other than such accrued interest and any fees and expenses that are
unreasonable, in which case, such accrued interest and unreasonable fees and
expenses shall remain due and owing by Affiliate to the Lenders.

                  (b) In the event that the Administrative Agent acquires the
Operating Assets or takes title to the Pledged Equity, Sprint PCS shall have the
right to purchase the Operating Assets or the Pledged Equity from the
Administrative Agent during the limited period of time provided in and otherwise
in accordance with this Section 10(b) by paying to the Administrative Agent in
cash an amount equal to the sum of the aggregate amount paid (by credit against
the Obligations or otherwise) by the Administrative Agent or the Lenders for the
Operating Assets or Pledged Equity, as the case may be, plus the aggregate
amount of any remaining unpaid Obligations. Administrative Agent shall give
Sprint PCS notice of any acquisition of the Operating Assets or the Pledged
Equity by the Administrative Agent promptly following the date of final
consummation of such acquisition (the "Acquisition Notice"). Sprint PCS shall,
within 60 days of receipt of a valid Acquisition Notice, give the Administrative
Agent (and Borrower in the case of a purchase of the Pledged Equity) notice of
its intent to exercise its purchase right under this Section 10(b). In the event
Sprint PCS gives the Administrative Agent written notice of its intent to
purchase the Operating Assets or the Pledged Equity, the Administrative Agent
agrees that it shall provide Sprint PCS the right to purchase the Operating
Assets or Pledged Equity, as the case may be, until the earlier to occur of (i)
expiration of the period consisting of 120 days after Sprint PCS' receipt of a
valid Acquisition Notice (or such later date that shall be provided for in the
purchase agreement and acceptable to the Administrative Agent in its sole
discretion to close the purchase of the Operating Assets or Pledged Equity) or
(ii) receipt by Administrative Agent from Sprint PCS of written notice that
Sprint PCS has determined not to proceed with the closing of the purchase of the
Operating Assets or Pledged Equity. If Sprint PCS at any time purchases the
Operating Assets or Pledged Equity as permitted under this Section 10, the
Administrative Agent and the Guarantors will release or assign their interest in
the Collateral, the Loan Documents and the Guaranty Documents as described in
Section 6(e) upon payment in full of the aggregate amount of the Obligations.
Notwithstanding the foregoing, in the event that a bankruptcy petition is filed
by or with respect to Affiliate, Sprint PCS shall again have the right to
purchase the Operating Assets or the Pledged Equity from the Administrative
Agent by repaying the Obligations in

                                       16

<PAGE>   17

full in cash, by giving the Administrative Agent notice of its intent to
exercise such purchase right no later than 60 days following the date of filing
of such bankruptcy petition.

                  (c) If at any time during the period described in Section
10(a) or 10(b) above or thereafter the Administrative Agent receives any
purchase offer for the Operating Assets, the Pledged Equity or the Obligations,
as applicable, that is acceptable to the Administrative Agent, the
Administrative Agent shall exercise reasonable efforts to obtain the consent of
the offeror to deliver a copy of such offer to Sprint PCS and Sprint PCS shall
have the right to purchase the Operating Assets, the Pledged Equity or the
Obligations, as applicable, on terms and conditions at least as favorable to the
Administrative Agent as the terms and conditions proposed in such offer so long
as within 14 Business Days after Sprint PCS's receipt of such other offer Sprint
PCS offers to purchase the Operating Assets, the Pledged Equity or the
Obligations, as applicable, and so long as the conditions of Sprint PCS's offer
and the amount of time it will take Sprint PCS to effect such purchase is
acceptable to the Administrative Agent and the Lenders.

                  (d) If Sprint PCS at any time purchases the entirety of the
Obligations as provided in this Section 10, the Administrative Agent shall
assign and transfer or cause the Lenders to assign and transfer to Sprint PCS
all rights and interests in, to and under all of the Loan Documents, including
but not limited to all security interests, liens, financing statements,
guaranties (including the Guaranty Documents) and other credit enhancements
related to such Loan Documents, and all rights and claims thereunder
(collectively referred to as the "Loan Document Rights"). If Sprint PCS
purchases all Obligations other than accrued interest (as permitted in the
second sentence of Section 10(a) above), then the Administrative Agent shall
assign and transfer or cause the Lenders to assign and transfer to Sprint PCS
all Loan Document Rights, except that if Sprint PCS receives payment in full of
all Obligations due under the Loan Documents (including the amount it did not
pay the Administrative Agent, as permitted in the second sentence of Section
10(a) above), it shall pay such amount to the Administrative Agent unless the
Administrative Agent has already received payment of such amount. If Sprint PCS
at any time purchases the entirety or less than all of the Obligations, the
Guarantors will release any and all rights they have against the Collateral or
arising out of any payment to the Administrative Agent or any Sprint Party with
respect to the Loan Documents or their Guaranty Documents.

         SECTION 11. Foreclosure. Upon the Administrative Agent or any Lender or
any other Person that meets the Successor Manager Requirements acquiring the
Operating Assets and the Sprint Agreements, then such Person shall be entitled
to exercise any and all rights of Affiliate under the Sprint Agreements in
accordance with the terms of the Sprint Agreements and each Sprint Party will
thereupon comply in all respects with such exercise by such Person and perform
its obligations under the Sprint Agreements and this Consent and Agreement for
the benefit of such Person. Each Sprint Party agrees that the Administrative
Agent or any Lender may (but shall not be obligated to), subject to and in
accordance with the terms of this Consent and Agreement, assign its rights and
interests acquired in the Operating Assets and the Sprint Agreements to any
buyer or transferee thereof and, in the event the buyer wishes to become a party
to the Sprint Agreements and such buyer satisfies the Successor Manager
Requirements, such buyer shall be bound by the Sprint Agreements; provided, that
buyer shall have no responsibility or liability to any Person other than a
Sprint Party and a Related Party of a Sprint Party arising out of Affiliate's
operations prior to the date buyer becomes bound by the Sprint Agreements. In
such case the Sprint Agreements shall remain in full force and effect with

                                       17

<PAGE>   18

the buyer as Successor Manager and this Consent and Agreement shall remain in
full force and effect for the benefit of the Successor Manager and any Person
providing senior secured debt financing to such Successor Manager if required by
such Person. Sprint PCS agrees, with respect to any past failure of Affiliate to
perform any obligation under the Sprint Agreements, that the Successor Manager
shall have the same amount of time to perform such obligation that Affiliate had
under the Sprint Agreements, with the performance period commencing on the date
on which the buyer becomes a Successor Manager. Sprint PCS shall permit the
performance period set forth in the Management Agreement to be extended for such
period of time that Sprint PCS believes is reasonable to allow Successor Manager
to perform such unperformed obligations.

         SECTION 12. Trademarks and Service Marks. In the event the
Administrative Agent forecloses on its security interest in the License
Agreements and transfers the License Agreements to a Person who does not meet
the Successor Manager Requirements, then Sprint PCS shall have the right to
terminate the License Agreements and cause the Administrative Agent to release
its security interest in the License Agreements immediately prior to such
transfer.

         SECTION 13. Interim Manager and Successor Manager Requirements. To
qualify as an Interim Manager or a Successor Manager, the Person must satisfy
each of the following "Successor Manager Requirements," as applicable:

                  (a) The Person must not during the three-year period
         immediately preceding the date of determination have materially
         breached any material agreement with Sprint Spectrum or its Related
         Parties that resulted in the exercise of a termination right or in the
         initiation of judicial or arbitration proceedings;

                  (b) The Person must not be one of the Persons identified on
         Schedule 13 (a "Schedule 13 Person"); provided, that no Other Manager
         under any Sprint PCS Management Agreement may be identified on Schedule
         13;

                  (c) In the case of a Successor Manager, the Person must meet a
         reasonable Person's credit criteria (taking into consideration the
         circumstances), it being understood that such criteria is satisfied if
         the financial projections contained in the business plan such Person
         submits to Sprint PCS shows the ability to service its indebtedness and
         meet the build-out requirements contained in the Build-out Plan; and

                  (d) The Person must agree to be bound by the terms of the
         Sprint Agreements as if an original party thereto; provided, in the
         case of an Interim Manager, the Person must also execute a separate
         confidentiality agreement in the form attached as Exhibit A with such
         changes thereto as may be reasonably requested by the parties to the
         agreement, but the Person is not required to assume the existing
         liabilities of the Affiliate.

         The Administrative Agent, each Lender and each of their wholly-owned
subsidiaries or entities who wholly-own such entities shall be deemed to satisfy
Sections 13(a), (b) and (c) of the preceding "Successor Management
Requirements".

                                       18

<PAGE>   19

         SECTION 14. Management Agreement. Sprint PCS agrees that it will not
exercise its right under the Management Agreement to purchase the Operating
Assets or to sell the Disaggregated License to Affiliate if before, or after
giving effect to such exercise, there would exist a Default or Event of Default
under the Credit Agreement, unless Sprint PCS pays the aggregate amount of the
Obligations as a condition of the exercise of such right and the Credit
Agreement shall have been terminated in connection with such payment. Sprint PCS
agrees that until the Obligations have been paid in full in cash and all
commitments to advance credit under the Credit Agreement have terminated or
expired, a failure to pay any amount by any Related Party of the Affiliate under
any agreement with Sprint PCS or any of its Related Parties (other than the
Management Agreement, the Services Agreement or the License Agreements) shall
not constitute a Management Agreement Breach for any purpose. Subject to
regulatory approval in connection with any such sale, Sprint PCS agrees that it
shall always maintain the ability to sell the Disaggregated License in
accordance with this Consent and Agreement. Sprint PCS shall own at least 10 MHZ
of Spectrum in the Service Area until the first to occur of the following
events: (i) the Obligations have been paid in full in cash and all commitments
to advance credit under the Credit Agreement have terminated or expired, (ii)
the sale by Sprint PCS of the Spectrum pursuant to this Consent and Agreement
shall be effected, (iii) the sale of the Operating Assets pursuant to this
Consent and Agreement, and (iv) the termination of the Management Agreement.
Sprint PCS acknowledges that the financing provided to Borrower pursuant to the
Loan Documents and the proposed capital contribution from Alamosa PCS Holdings,
Inc. ("Alamosa Holdings"), the sole stockholder of Borrower, following its
initial public offering of common stock contemplated by the registration
statement of Borrower filed with the Securities and Exchange Commission on
October 29, 1999, as amended, comply with Section 1.7 of the Management
Agreement, as amended by Addendum II of the Management Agreement ("Section
1.7"), and that Section 11.3.6 of the Management Agreement shall no longer be
applicable with respect to such financing so long as Borrower makes capital
contributions to Affiliate in the amounts and by the deadlines set forth in
Section 1.7. Notwithstanding anything to the contrary contained in Section 12.2
of the Management Agreement, the Administrative Agent, the Lenders, and any
Successor Manager or buyer of the Operating Assets or Disaggregated License
shall be permitted to disclose Confidential Information (as defined in the
Management Agreement) (i) to the extent required by law, rule or regulation,
(ii) to any regulator or any regulatory body regulating such entity, (iii) to
any rating agency in connection with requirements applicable to such Person and
(iv) to the lawyers and accountants for any such Persons.

         SECTION 15. Administrative Agent and Eligible Assignees. The
Administrative Agent and each Lender must be an Eligible Assignee. "Eligible
Assignee" shall mean and include a commercial bank, financial institution, other
"accredited investor" (as defined in Regulation D of the Securities Act) other
than individuals, or a "qualified institutional buyer" as defined in rule 144A
of the Securities Act; provided, that prior to the 61st day after the filing of
a bankruptcy petition by or with respect to Affiliate in no event may any Person
that is engaged in or that controls, is controlled by or is under common control
with any Person engaged in, the telecommunications service business in the
United States (other than Sprint Corporation and its subsidiaries), be an
Eligible Assignee, it being understood that no small business investment
corporation that is ultimately owned by an Eligible Assignee that is subject to
Regulation Y shall be deemed to be controlled by or under common control with
such Eligible Assignee; and provided further, that after the filing of such
bankruptcy petition in no event may a Schedule 13 Person be an Eligible
Assignee.

                                       19

<PAGE>   20

         SECTION 16. Sprint Party Representations. Each Sprint Party represents
and warrants to the Administrative Agent, as of the Closing Date (a) its
execution, delivery and performance of this Consent and Agreement has been duly
authorized by all necessary corporate and partnership action, and does not and
will not require any further consents or approvals that have not been obtained,
or violate any provision of any law, regulation, order, judgment, injunction or
similar matters or materially breach any agreement presently in effect with
respect to or binding on it; provided, that the transfer of Spectrum as
contemplated under this Consent and Agreement will require regulatory approval
(which each Sprint Party agrees to use its commercially reasonable efforts to
obtain); (b) this Consent and Agreement is a legal, valid and binding obligation
of such Person enforceable against it in accordance with its terms, except that
(i) such enforceability may be limited by applicable bankruptcy, insolvency,
fraudulent transfer, reorganization, moratorium and similar laws affecting the
enforcement of creditors' rights generally, and (ii) the remedy of specific
performance and injunctive and other forms of equitable relief may be limited by
equitable defenses and by the discretion of the court before which any
proceeding may be brought; (c) the Sprint Agreements are in full force and
effect and have not been amended, supplemented or modified; (d) as of the date
of execution hereof, to the knowledge of the Sprint Parties, no Event of
Termination has occurred and is continuing (without regard to any requirement of
the delivery of written notice necessary to the occurrence of an Event of
Termination under Section 11.3 of the Management Agreement); (e) on the date the
Management Agreement was executed Sprint PCS owned, and on the date hereof
Sprint PCS owns, 10 MHz or more of Spectrum in the Service Area; and (f) the
only existing agreements or arrangements between Borrower or Affiliate, on the
one hand, and Sprint Corporation or any of its subsidiaries, on the other hand,
are the Management Agreement, the Services Agreement, the License Agreements,
this Consent and Agreement and the Deferred Amount Note.

         SECTION 17. Administrative Agent Representations. The Administrative
Agent represents and warrants to Sprint PCS, as of the Closing Date (a) its
execution, delivery and performance of this Consent and Agreement has been duly
authorized by all necessary corporate action, and does not and will not require
any further consents or approvals that have not been obtained, or violate any
provision of any law, regulation, order, judgment, injunction or similar matters
or materially breach any agreement presently in effect with respect to or
binding on it; (b) this Consent and Agreement is a legal, valid and binding
obligation of the Administrative Agent enforceable against it in accordance with
its terms, except that (i) such enforceability may be limited by applicable
bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and
similar laws affecting the enforcement of creditors' rights generally, and (ii)
the remedy of specific performance and injunctive and other forms of equitable
relief may be limited by equitable defenses and by the discretion of the court
before which any proceeding may be brought; (c) at the time of the execution
hereof, Administrative Agent is the only Lender; (d) as of the date of execution
hereof, to the knowledge of the Administrative Agent, no Event of Default has
occurred and is continuing; and (e) the Guaranty Documents have been duly
executed and delivered to the parties to such agreements.

         SECTION 18. Successors and Assigns. This Consent and Agreement shall be
binding upon the successors and assigns of the parties hereto and shall inure,
together with the rights and remedies of the parties hereunder, to the benefit
of their respective successors and assigns. In the event the Sprint PCS Network
is sold in accordance with the Management Agreement, the buyer thereof will
assume the obligations of the Sprint Parties hereunder and under all the other
Sprint Agreements other than the Sprint Trademark and Service Mark License
Agreement; provided, however, the buyer of the

                                       20

<PAGE>   21

Sprint PCS Network shall enter into an agreement with Affiliate on substantially
the same terms as the Sprint Trademark and Service Mark License Agreement with
respect to such buyers' trademarks, service marks, brands, etc. In the event a
Successor Manager becomes a party to the Sprint Agreements as provided in this
Agreement, this Consent and Agreement shall remain in full force and effect for
the benefit of the Successor Manager and any Person providing senior secured
debt financing to such Successor Manager if required by such Person.

         SECTION 19. Amendment. Neither this Consent and Agreement nor any
provision herein may be waived except pursuant to an agreement or agreements in
writing entered into by Sprint PCS, the Administrative Agent, Borrower and
Affiliate, and neither this Consent and Agreement nor any provision herein may
be amended or modified except pursuant to an agreement or agreements in writing
entered into by Sprint PCS, the Administrative Agent, Borrower and Affiliate;
provided, however, that no consent of Borrower or Affiliate shall be necessary
for any amendment or modification to this Consent and Agreement made pursuant to
or in accordance with Section 25 hereof, unless such amendment or modification
could reasonably be expected to be materially adverse to Borrower or Affiliate.
The Administrative Agent and each Lender (and its successors and assigns) shall
be bound by any modification or amendment authorized by this Section 19. No
amendment or waiver or effective amendment or waiver entered into in violation
of this Section 19 shall be valid.

         SECTION 20. APPLICABLE LAW. THIS CONSENT AND AGREEMENT SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW
YORK.

         SECTION 21. Notices.  Notices and other communications provided for in
this Consent and Agreement shall be in writing and shall be delivered by hand or
overnight courier service, mailed or sent by telecopy, as follows:

                  (a) if to Sprint  PCS, to it at:

                           Sprint Spectrum L.P.
                           4900 Main, 12th Floor
                           Kansas City, Missouri, 64112

                           Telephone No.: (816) 559-1000
                           Telecopier No.: (816) 559-1290
                           Attention: Chief Executive Officer

                           with a copy to:

                           4900 Main, 11th Floor
                           Kansas City, Missouri, 64112

                           Telephone No.: (816) 559-1000
                           Telecopier No.: (816) 559-2591
                           Attention: General Counsel

                                       21

<PAGE>   22

                  (b) if to the Administrative Agent, to it at:

                           Nortel Networks Inc.
                           GMC 991 15 A40
                           2221 Lakeside Blvd.
                           Richardson, Texas 75082-4399
                           Telephone No.: (972) 685-1525
                           Telecopier No.: (972) 684-3679
                           Attention: Director,
                                       Customer Finance North America
                                           And Charles M. Helm, Esq.

                           Nortel Networks Inc.
                           P. O. Box 833858
                           Richardson, Texas 75083-3858
                           Mail Stop 04D/02/A40
                           Telephone No.: 972) 684-7687
                           Telecopier No.: (972) 684-3808
                           Attention: Kimberly Poe, Loan Administration

                           with a copy to:

                           Jenkens & Gilchrist
                           1445 Ross Avenue
                           Suite 3200
                           Dallas, Texas 75202
                           Telephone No.: (214) 855-4500
                           Telecopier No.: (214) 855-4300
                           Attention: Ronald D. Rosener

                  (c) if to Borrower, to it at:

                           Alamosa PCS, Inc.
                           200 West Ninth Street Plaza, Suite 102
                           Wilmington, Delaware 19801
                           Telephone No.: (302) 658-0468
                           Telecopier No.: (302) 573-3899
                           Attention: President

                           with a copy to:

                           Crenshaw, Dupree & Martin
                           P.O. Box 1499
                           Lubbock, TX 79408
                           Telephone No.: (806) 762-5221
                           Telecopier No.: (806) 762-3510

                                       22

<PAGE>   23

                           Attention: Jack McCutchin, Jr.

                  (d) if to Affiliate, to it at:

                           Texas Telecommunications, LP
                           4403 Brownfield Highway
                           Lubbock, Texas 79407
                           Telephone No.: (806) 722-1100
                           Telecopier No.: (806) 791-1120
                           Attention: David E. Sharbutt
                                       Chairman of the Board of Managers

All notices and other communications given to any party hereto in accordance
with the provisions of this Consent and Agreement shall be deemed to have been
given on the date of receipt if delivered by hand or overnight courier service
or sent by telecopy, or on the date five (5) business days after dispatch by
certified or registered mail if mailed, in each case delivered, sent or mailed
(properly addressed) to such party as provided in this Section 21 or in
accordance with the latest unrevoked direction from such party given in
accordance with this Section 21.

         SECTION 22. Counterparts. This Consent and Agreement may be executed in
two or more counterparts, each of which shall constitute an original but all of
which when taken together shall constitute but one contract.

         SECTION 23. Severability. Any provision of this Consent and Agreement
that is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. The parties shall
endeavor in good faith negotiations to replace the invalid, illegal or
unenforceable provision with valid provisions the economic effect of which is as
close as possible to that of the invalid, illegal or unenforceable provision.

         SECTION 24. Termination. This Consent and Agreement shall terminate and
be of no further force and effect upon the first to occur of the following: (i)
the Obligations are paid in full and the Credit Agreement and all Commitments
are terminated; and (ii) the Sprint Agreements terminate.

         SECTION 25. Amendments to Form Consent and Agreement. If Sprint PCS
modifies or amends the form of Consent and Agreement it enters into with another
lender in connection with a loan to an Other Manager that is syndicated or
intended to be syndicated (i.e., a loan sold or participated, or intended to be
sold or participated, in whole or in part to at least three financial
institutions or investment funds) and where the pops in the Service Area of the
Other Manager exceed 5 million, then Sprint PCS agrees to give the
Administrative Agent the right to so amend this Consent and Agreement, subject
to the provisions of clauses (a), (b) and (c) below. Sprint PCS agrees to give
the Administrative Agent written notice of such modifications and amendments
and, at the request of Administrative Agent, to amend this Consent and Agreement
in the same manner; provided, that: (a) Sprint PCS will not modify this Consent
and Agreement to incorporate changes made for the benefit of a lender because of
circumstances related to a particular Other Manager, subject to the limitations

                                       23

<PAGE>   24

set forth below; (b) the Administrative Agent must agree to make all (or none)
of the changes made for the other lender and the Other Manager, unless Sprint
PCS agrees to allow the Administrative Agent to make only some of the changes;
and (c) if such amendment to this Consent and Agreement could reasonably be
expected to be materially adverse to Borrower or Affiliate, such amendment shall
not be made without the prior written consent of Borrower and Affiliate
(although the Borrower's and Affiliate's withholding of such consent will result
in none of the changes being made to this Consent and Agreement because of the
requirements of clause (b) above).

         For purposes of subsection (a) in the preceding paragraph, Sprint PCS
will not deem the following changes to be made because of circumstances related
to a particular Other Manager: (i) any form of recourse to Sprint PCS or other
similar form of credit enhancement; (ii) any change in Sprint PCS's right to
purchase Operating Assets or Obligations; (iii) any change in the Affiliate's,
Administrative Agent's or Lenders' right to sell the Collateral or purchase the
Disaggregated License (including, without limitation, any rights of first
refusal and the purchase price of the Disaggregated License); (iv) any change in
the ownership status, terms of usage or amount of Disaggregated License utilized
by Affiliate; (v) any material change in the flow of revenues between Sprint
Spectrum and Affiliate excluding changes related to the pricing of direct or
indirect fees, but including any subordination of direct or indirect fees or
other amounts or costs due under the Sprint Agreements or hereunder to Sprint
PCS; (vi) any change to obligations required to be assumed by, or qualifications
for, any Interim or Successor Manager, including changes in the time period or
terms under which Sprint PCS agrees to remain as Interim Manager; (vii) any
changes in confidentiality, non-compete or Eligible Assignee language, including
changes to Schedule 13; (viii) any clarifications of FCC compliance issues; (ix)
the issuance of legal opinions; (x) any change in the circumstances under, or
procedures by which, an Interim Manager or Successor Manager is appointed; or
(xi) any change to this Section 25.

            [The remainder of this page is intentionally left blank.]

                                       24

<PAGE>   25

         IN WITNESS WHEREOF, the parties hereto have caused this Consent and
Agreement to be executed by their respective authorized officers as of the date
and year first above written.

                                 SPRINT SPECTRUM L.P.

                                 By: /S/ Bernard A. Bianchino
                                     -------------------------------
                                     Bernard A. Bianchino
                                     Senior Vice President and Chief Business
                                     Development Officer - Sprint PCS

                                 SPRINTCOM, INC.

                                 By: /S/ Bernard A. Bianchino
                                     -------------------------------
                                     Bernard A. Bianchino
                                     Vice President

                                 WIRELESSCO, L.P.

                                 By: /S/ Bernard A. Bianchino
                                     -------------------------------
                                     Bernard A. Bianchino
                                     Senior Vice President and Chief Business
                                     Development Officer - Sprint PCS

                                 COX COMMUNICATIONS PCS, L.P.

                                 By: /S/ Bernard A. Bianchino
                                     -------------------------------
                                     Bernard A. Bianchino
                                     Senior Vice President and Chief Business
                                     Development Officer - Sprint PCS

                                 COX PCS LICENSE, LLC

                                 By: /S/ Bernard A. Bianchino
                                     -------------------------------
                                     Bernard A. Bianchino
                                     Senior Vice President and Chief Business
                                     Development Officer - Sprint PCS

                                       25

<PAGE>   26

                                 SPRINT COMMUNICATIONS COMPANY, L.P.

                                 By: /s/ Don A. Jensen
                                     -------------------------------
                                     Don A. Jensen
                                     Vice President - Law

                                 NORTEL NETWORKS INC.
                                 for itself and as Administrative Agent

                                 By: /s/ Robert D. Beiter
                                     -------------------------------
                                     Robert D. Beiter
                                     Director, Customer Service

                                       26

<PAGE>   27

         Acknowledgment, Consent and Agreement of Borrower and Affiliate

         Each of the undersigned, Borrower and Affiliate, (i) has reviewed this
Consent and Agreement, (ii) acknowledges, consents and agrees to the terms and
provisions of this Consent and Agreement, and (iii) agrees to be bound by the
terms and provisions of this Consent and Agreement, including, without
limitation, such terms and provisions that affect Borrower and Affiliate, its
assets and rights under the Management Agreement. Without limiting the
generality of the foregoing, Borrower and Affiliate each acknowledges and agrees
that : (i) the right to appoint an Interim Manager is intended to allow the
right and ability to preserve and/or protect the Collateral or its value and the
Service Area Network or its value and (ii) in the event of the sale of the
Collateral by the Administrative Agent, the value of the Collateral may be
dependent on the right of the Person purchasing the Collateral to assume or be a
party to the Sprint Agreements and acknowledges that any sale of the Collateral
in accordance with Sections 6 and 10 hereof, the other provisions of this
Consent and Agreement and, to the extent not inconsistent with this Consent and
Agreement, the Loan Documents, is agreed to be a commercially reasonable
disposition of the Collateral by Administrative Agent.

         Borrower also agrees as follows:

                 1.      It will not use the proceeds from any of the Loan
                         Documents or from any other loan or extension of
                         credit to which this Consent and Agreement relates
                         for any purpose other than to contribute or loan such
                         proceeds to Affiliate or to Alamosa Wisconsin Limited
                         Partnership.

                 2.      Borrower agrees to promptly give Sprint PCS a copy of
                         any notice it receives from the Administrative Agent
                         or any Lender, and a copy of any notice Borrower
                         gives to Administrative Agent or any Lender.

ALAMOSA PCS, INC.
a Delaware corporation

By: /s/ David Sharbutt
    ------------------------------------
    David Sharbutt, President

TEXAS TELECOMMUNICATIONS LP
a Texas limited partnership

  By ALAMOSA DELAWARE GP, LLC
     a Delaware limited liability company,
     as the sole general partner

    By:    /s/ David Sharbutt
        ------------------------------------
    Name:
    Title:

                                       27

<PAGE>   28

          Acknowledgment, Consent and Agreement of Affiliate's Partners

         The undersigned, being all of the partners of Affiliate, each agrees
that such partner (i) has reviewed this Consent and Agreement, (ii)
acknowledges, consents and agrees to the terms and provisions of this Consent
and Agreement, particularly as they modify the price (as set forth in the
Management Agreement) pursuant to which Sprint PCS may purchase the Operating
Assets under Sections 6 and 10 hereof, and as they require the Borrower,
Affiliate and their Related Parties to sell Affiliate's Licenses under Section 6
hereof, and (iii) agrees to take such action as is necessary to cause the
Borrower, Affiliate and their Related Parties to comply with the terms and
provisions of this Consent and Agreement.

ALAMOSA DELAWARE GP, LLC
a Delaware limited liability company,
as the sole general partner of Affiliate

By:         /s/ David Sharbutt
    -----------------------------------
Name:
Title:

ALAMOSA PCS, INC.
a Delaware corporation,
as the sole limited partner of Affiliate

By: /s/ David Sharbutt
    -----------------------------------
        David Sharbutt, President

                                       28

<PAGE>   29

               Acknowledgment, Consent and Agreement of Guarantors

         Each of the undersigned Guarantors (i) has reviewed this Consent and
Agreement, (ii) acknowledges, consents and agrees to the terms and provisions of
this Consent and Agreement, particularly as they modify the price (as set forth
in the Management Agreement) pursuant to which Sprint PCS may purchase the
Operating Assets under Sections 6 and 10 hereof, and as they require the
Borrower, Affiliate and their Related Parties to sell Affiliate's Licenses under
Section 6 hereof, and (iii) agrees to be bound by the terms and provisions of
this Consent and Agreement and to take such action as is necessary to cause
Affiliate and its Related Parties to comply with the terms and provisions of
this Consent and Agreement. Without limiting the generality of the foregoing,
each of the Guarantors acknowledges and agrees that: (i) the right to appoint an
Interim Manager is intended to allow the right and ability to preserve and/or
protect the Collateral or its value and the Service Area Network or its value
and (ii) in the event of the sale of the Collateral by the Administrative Agent,
the value of the Collateral may be dependent on the right of the Person
purchasing the Collateral to assume or be a party to the Sprint Agreements and
acknowledges that any sale of the Collateral in accordance with Sections 6 and
10 hereof, the other provisions of this Consent and Agreement and, to the extent
not inconsistent with this Consent and Agreement, the Loan Documents, is agreed
to be a commercially reasonable disposition of the Collateral by Administrative
Agent.

ALAMOSA PCS HOLDINGS, INC.
a Delaware corporation

By: /s/ David Sharbutt
    -----------------------------------
    David Sharbutt, President

ALAMOSA DELAWARE GP, LLC
a Delaware limited liability company

By: /s/ David Sharbutt
    -----------------------------------
Name:
Title:

TEXAS TELECOMMUNICATIONS LP
a Texas limited partnership

   By ALAMOSA DELAWARE GP, LLC
      a Delaware limited liability company,
      as the sole general partner

      By: /s/ David Sharbutt
          ---------------------------------
      Name:
      Title:

                                       29

<PAGE>   30

ALAMOSA WISCONSIN GP, LLC

By: /s/ David Sharbutt
    -------------------------------------
    David Sharbutt, President

ALAMOSA WISCONSIN LIMITED PARTNERSHIP

By Alamosa Wisconsin GP, LLC, its General Partner

By /s/ David Sharbutt
   --------------------------------------
   David Sharbutt, President

                                       30

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