Document:

Exhibit 10.3

                                    AGREEMENT

      THIS AGREEMENT is entered into by and among Providence Media Partners
L.P., a Delaware limited partnership ("PMP"), Providence Equity Partners III,
L.P., a Delaware limited partnership ("PEP"), Providence Equity Operating
Partners III, L.P., a Delaware limited partnership ("POP" and together with PMP
and PEP, "Providence"), Deutsche Telekom AG, an AKTIENGESELLSCHAFT organized and
existing under the laws of the Federal Republic of Germany ("Purchaser"), and
VoiceStream Wireless Corporation, a Delaware corporation ("Target") as of the
23rd day of July, 2000.

      WHEREAS, Purchaser and Target have executed and delivered to each other
that certain Agreement and Plan of Merger dated as of the date of this agreement
(the "Merger Agreement");

      WHEREAS, PMP, VoiceStream PCS BTA I Corporation, Western Wireless
Corporation and Target are parties to that certain Exchange Rights Acquisition
and Grant Agreement dated July 23, 2000 ("Exchange Agreement");

      WHEREAS, Providence and Target are parties to the Exchange Rights
Agreement dated July 23, 2000 ("Rights Agreement") (the Exchange Agreement and
the Rights Agreement are collectively referred to herein as the "Exchange
Agreements");

      WHEREAS, pursuant to the Exchange Agreements, PMP, PEP and POP have
certain rights, exercisable at various times, to exchange certain partnership or
membership interests held by them for the common stock of Target ("Target
Stock");

      WHEREAS, the Exchange Agreements require Purchaser as the "Successor
Entity" under such agreements to assume certain obligations of Target in
connection with the transactions contemplated by the Merger Agreement;

      NOW, THEREFORE, in consideration of the promises set forth herein, and
other good and valuable consideration, the receipt of which is acknowledged, the
parties hereto agree as follows:

      1. Assumption and Acknowledgement. (a) Effective as of the Effective Time,
Purchaser (i) assumes the obligations of Target pursuant to the Exchange
Agreements, including the obligation to deliver to Providence shares of stock,
securities or assets or other consideration as they may be entitled to acquire
under the Exchange Agreements, (ii) agrees that PMP shall continue to have the
benefit of Section 3.3 of the Exchange Agreement and (iii) agrees that PEP and
POP shall continue to have the benefit of Sections 2.3 and 2.4 of the Rights
Agreement, including rights with respect to increases or combinations of
Purchaser's securities or Organic Changes (as defined in the Rights Agreement)
and rights to require payment of cash and delivery of letters of credit in
connection with a "Cash Election" and to a "Guaranteed Rate" (as such terms are
defined in Section 2.4 of the Rights Agreement), all of which obligations
Purchaser assumes.

            (b) Providence acknowledges and agrees that the agreements of
Purchaser set forth in this agreement are satisfactory in form and substance to
them pursuant to Section 3.3 of

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<PAGE>

the Exchange Agreement and Section 2.4 of the Rights Agreement, as applicable,
and satisfy those obligations of Target required to be satisfied prior to the
Effective Time, which arise under the Exchange Agreements due to the Merger
constituting an Organic Change under the Rights Agreements and a VoiceStream
Organic Change under the Exchange Agreement.

      2.    Exchanges Not Completed Prior to Effective Time.  (a)  With
respect to the Exchange Agreements, in the event Providence has not
consummated an exchange for Target Stock prior to the Effective Time:

            (i) No later than the Election Deadline, Providence shall indicate
to Purchaser in writing (the "Election Date Notice") whether it elects as the
consideration it may receive pursuant to the Exchange Agreements the
consideration that was ultimately payable to those Target shareholders (after
giving effect to any adjustments or prorations made pursuant to the Merger
Agreement) who made the Cash Election, those who made the Mixed Election or
those who made the Stock Election; provided, however, that nothing in this
paragraph shall be construed to eliminate or affect PEP's and POP's "Cash
Election" under the Rights Agreement for Non-cash Consideration or their other
rights under Section 2.3 and 2.4 of the Rights Agreement, including their rights
to a "Guaranteed Rate" as set forth in Section 2.4(a) thereof; and

            (ii) For purposes of Section 2.4 of the Rights Agreement, (i)
Providence and Purchaser shall treat as "Cash Consideration" the amount of cash
payable to a holder of one share of Target Stock who made the election specified
in the Election Date Notice multiplied by the number of shares of Target Stock
that would have been issued to Providence if it had been able to and had
consummated its exchange under the Rights Agreement immediately prior to the
Effective Time and (ii) the parties shall treat as "Non-cash Consideration" the
number of ordinary shares of Purchaser ("Purchaser Ordinary Shares") issuable to
a holder of one share of Target stock who made the election specified in the
Election Date Notice multiplied by the number of shares of Target Stock that
would have been issued to Providence if it had been able to and had consummated
its exchange under the Rights Agreement immediately prior to the Effective Time.

            (b) For purposes of Section 3.3 of the Exchange Agreement, upon an
Exchange (as defined in the Exchange Agreement), PMP shall be entitled to
receive the amount of cash payable to, and number of Purchaser Ordinary Shares
issuable to, a holder of one share of Target stock who made the election
specified in its Election Date Notice multiplied by the number of shares of
Target Stock that would have been issued to PMP if it had been able to and had
consummated its exchange under the Exchange Agreement immediately prior to the
Effective Time.

            (c) If PEP, POP or PMP fail to deliver a timely Election Day Notice
they shall be deemed to have made a Cash Election.

            (d) To the extent that any Purchaser Ordinary Shares are issuable to
Providence upon exercise of their exchange rights pursuant to the Exchange
Agreements and such exchange rights have not been exercised prior to the
Effective Date, such shares shall be

                                       2

<PAGE>

issued to the Cook Inlet Partners Shares Trust in accordance with Annex 1.05(h)
attached hereto. Providence shall accept issuance of Purchaser Ordinary Shares
by the Cook Inlet Partners Shares Trust in accordance with Annex 1.05(h) upon
exercise of their exchange rights for such shares.

            (e) Purchaser and Providence acknowledge and agree that the
consideration to be issued to them upon an exercise of their rights under the
Exchange Agreements after the Effective Time does not constitute merger
consideration pursuant to the Merger Agreement.

      3.    Exchanges Completed Prior to Effective Time.

            (a) If Providence provides an Exchange Notice (as defined in the
Exchange Agreements) to Target prior to the date of the meeting of Target's
stockholders called for the purpose of obtaining the approval of the Merger
Agreement and the transactions contemplated therein (the "Meeting Date"),
Providence and Target agree that the exchange of Providence's securities and/or
partnership interests for Target Common Stock shall be delayed until after the
Meeting Date, unless Providence delivers to Purchaser an agreement in the form
of Exhibit A hereto.

            (b) All shares of Target Stock held by Providence prior to the
Effective Time shall be accorded the same treatment as shares of Target Stock
generally pursuant to the Merger Agreement.

      4.    Other Provisions.  (a)  Providence and Target represent and
warrant to each other and to the Purchaser that, the number of shares of
Target Stock that Target would be required to issue to Providence upon an
exchange effected as of the date of this Agreement pursuant to all of the
Exchange Agreements is 4,321,334 shares.

            (b) The following capitalized terms shall have the meanings assigned
to them in the Merger Agreement:

                  Cash Election
                  Effective Time
                  Election Deadline
                  Merger
                  Mixed Election
                  Stock Election

            (d) Notices which may or are required to be given under this
Agreement shall be given by hand, by registered or certified mail, return
receipt requested, by reputable overnight delivery service or by facsimile.
Notices shall be addressed to a party hereunder as set forth below, and shall be
deemed to have been given as of the date of receipt.

            (e) Each of the parties hereto irrevocably agrees that any legal
action or proceeding with respect to this Agreement or for recognition and
enforcement of any judgment in respect hereof brought by another party hereto or
its successors or assigns shall be brought and determined only in the United
States District Court for the District of Delaware, or in the event

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<PAGE>

(but only in the event) that such court does not have subject matter
jurisdiction over such action or proceeding in the courts of the State of
Delaware. Each of the parties hereto irrevocably submits with regard to any such
action or proceeding for itself and in respect of its property, generally and
unconditionally, to the personal jurisdiction of the aforesaid courts. Each of
the parties hereto hereby irrevocably waives, and agrees not to assert, by way
of motion, as a defense, counterclaim or otherwise in any action or proceeding
with respect to this Agreement, (i) any claim that is not personally subject to
the jurisdiction of the above-named courts for any reason other than the failure
to serve in accordance with this Paragraph 4(e), (ii) that it or its property is
exempt or immune from jurisdiction of any such court or from any legal process
commenced in such courts (whether through service of notice, attachment prior to
judgment, attachment in aid of execution of judgment, execution of judgment or
otherwise) and (iii) to the fullest extent permitted by applicable law, that (A)
the suit, action or proceeding in such court is brought in an inconvenient
forum, (B) the venue of such suit, action or proceeding is improper and (C) this
Agreement, or the subject matter hereof, may not be enforced in or by such
courts.

      (f) Purchaser agrees that, to the extent that it or any of its property is
or becomes entitled at any time to any immunity on the grounds of sovereignty or
otherwise based upon its status as an agency or instrumentality of government
from any legal action, suit or proceeding or from setoff or counterclaim
relating to this Agreement from the jurisdiction of any competent court, from
service of process, from attachment prior to judgment, from attachment in aid of
execution of a judgment, from execution pursuant to a judgment or arbitral
award, or from any other legal process in any jurisdiction, it, for itself and
its property expressly, irrevocably and unconditionally waives, and agrees not
to plead or claim, any such immunity with respect to such matters arising with
respect to this Agreement or the subject matter hereof (including any obligation
for the payment of money). Purchaser agrees that the waiver in this provision is
irrevocable and is not subject to withdrawal in any jurisdiction or under any
statute, including the Foreign Sovereign Immunities Act, 28 U.S.C. ss. 1602 et
seq. The foregoing waiver shall constitute a present waiver of immunity at any
time any action is initiated against Purchaser with respect to this Agreement.

      5. Miscellaneous. This Agreement may only be amended in writing executed
by all of the parties hereto. This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their respective successors and assigns.
This Agreement shall be governed by and construed in accordance with the
internal laws of the state of Delaware, without regard to the conflicts of laws
provisions thereof. This Agreement may be executed in two or more counterparts
which, taken together shall constitute one and the same agreement.

                                      -4-

<PAGE>

            IN WITNESS WHEREOF, the parties hereto have executed and delivered
this Agreement to each other as of the date first written above.

DEUTSCHE TELEKOM AG                       PROVIDENCE MEDIA PARTNERS L.P.
140 Freidrich-Ebert-Allee                 By Providence Media GP Limited
53113 Bonn                                Partnership
Germany                                   By Providence Ventures L.P., its
General Attn:  Kevin Copp                             Partner
                                          50 Kennedy Plaza, 9th Floor
                                          Providence, RI  02903
                                          Attn:  Jonathan M. Nelson

By: /s/ Kevin Copp                        By:  /s/ Jonathan M. Nelson
   ---------------------------------         ---------------------------------

Its: Head of International                Its: General Partner
   ---------------------------------         ---------------------------------
     Legal Affairs

PROVIDENCE EQUITY OPERATING
PARTNERS III, L.P.
By Providence Equity GP L.P., its General Partner
By Providence Equity Partners III LLC, its General Partner

50 Kennedy Plaza, 9th Floor
Providence, RI  02903
Attn:  Jonathan M. Nelson

By:  /s/ Jonathan M. Nelson
   ---------------------------------

Its:  Managing Director
   ---------------------------------

PROVIDENCE EQUITY PARTNERS III, L.P.
By Providence Equity GP L.P., its General Partner
By Providence Equity Partners III LLC, its General Partner

50 Kennedy Plaza, 9th Floor
Providence, RI  02903
Attn:  Jonathan M. Nelson

By:  /s/ Jonathan M. Nelson
   ---------------------------------

Its:  Managing Director
   ---------------------------------

                                      -5-

<PAGE>

VOICESTREAM WIRELESS
CORPORATION
3650 131st Avenue SE, Suite 200
Bellevue, WA  98006
Attn: Doug Forbes, VP Corporate Development
Fax: (425) 653-5040

By:  /s/ Cregg B. Baumbaugh
   --------------------------------
Its: Executive Vice President -
   --------------------------------
     Finance, Strategy and Development

<PAGE>

                                    EXHIBIT A

                           VOTING AND LOCKUP AGREEMENT

            This Voting and Lockup Agreement (this "Agreement") dated as of
______ __, 2000 among the stockholder listed on the signature page hereto
("Stockholder") and [_________], an Aktiengesellschaft organized and existing
under the laws of the Federal Republic of Germany ("Purchaser").

            1.   Certain Definitions.  (a) for the purposes of this Agreement,
the following capitalized terms used shall have the respective meanings given to
such terms as follows:

            "Affiliate" of a person means a Person that directly or indirectly,
through one or more intermediaries, controls, is controlled by, or is under
common control with, the first mentioned Person.

            "Merger Agreement" means that certain Agreement and Plan of Merger
by and between Purchaser and Target dated as of July 23, 2000.

              "Person" means an individual, corporation, partnership, limited
liability company, joint venture, association, joint stock company, trust,
unincorporated organization, entity or group (as defined in the Exchange Act) or
a Governmental or Regulatory Authority.

            "Record Date" means the record date established for the Target
Stockholders' Meeting.

            "Registration Statement" means one or more registration statements
to be filed with the Securities and Exchange Commission by Purchaser in
connection with the issuance of its securities in the Merger.

            "Rights" means any warrants, options or other rights to acquire or
receive shares of Target Common Stock or other voting capital stock of Target.

            "Shares" means any shares of Target Common Stock.

            "Subsequent Determination" means a determination by the Board of
Directors of Target not to recommend the approval and adoption of the Merger
Agreement by holders of Target Common Stock.

            "Subsidiary" means any Person on the date of determination of which
Target or Purchaser, as the case may be (either alone or through or together
with any other Subsidiary or Subsidiaries), owns, directly or indirectly, more
than fifty percent (50%) of the stock or other equity interests the holders of
which are generally entitled to vote for the election of the Board of Directors
or other governing body of such Person.

            "Target" means VoiceStream Wireless Corporation, a Delaware
corporation.

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<PAGE>

            "Target Common Stock" means a share of common stock, par value
$0.001 per share, of Target.

            "Target Stockholders' Meeting" means a meeting of the stockholders
of Target duly convened under Delaware Law following the effectiveness of the
Registration Statement for the purposes of obtaining approval by the holders of
Target Shares of the transactions contemplated by the Merger Agreement.

            "Total Number of Shares" has the meaning set forth in Section 2(c).

            "Transfer" means, with respect to any security, the sale, transfer,
pledge, hypothecation, encumbrance, assignment or constructive sale or other
disposition of such security or the record or beneficial ownership thereof, the
offer to make such a sale, transfer, constructive sale or other disposition, and
each agreement, arrangement or understanding, whether or not in writing, to
effect any of the foregoing. The term "constructive sale" means a short sale
with respect to such security, entering into or acquiring an offsetting
derivative contract with respect to such security, entering into or acquiring a
futures or forward contract to deliver such security or entering into any
transaction that has substantially the same effect as any of the foregoing;
provided, however, that the term "constructive sale" shall not include
transactions involving the purchase and sale of securities tracking a
broad-based stock index excluding the DAX Index.

            (b)   For the purposes of this Agreement, the words "beneficially
owned" or "beneficial ownership" shall include, with respect to any securities,
the beneficial ownership by Stockholder and by any direct or indirect Subsidiary
of Stockholder.

            (c)   All capitalized terms used but not defined herein shall have
the meanings ascribed to them in the Merger Agreement.

            2.    Restriction on Transfer; Other Restrictions.

            (a)   Stockholder agrees not to Transfer or agree to Transfer any
Shares or Rights owned of record or beneficially by Stockholder, except as
otherwise permitted by this Section 2 or pursuant to the Merger Agreement or
Transfers to any Affiliate of the Stockholder who agrees in writing to be bound
by the terms of this Agreement, other than with Purchaser's prior written
consent; provided that this Section 2 shall not apply to any Shares or Rights
issued to or owned of record or beneficially by Stockholder pursuant to that
certain Exchange Rights Acquisition and Grant Agreement dated July 23, 2000, by
and among VoiceStream PCS BTA I Corporation, Target, Western Wireless
Corporation and Providence Media Partners L.P.

            (b)  From the date hereof until the earlier of January 1, 2001 and
the date of the Target Stockholders' Meeting or, if sooner, the termination of
the Merger Agreement, Stockholder may Transfer only up to 49.9% of Stockholder's
Total Number of Shares.

            (c)  For purposes of Section 2(b), Stockholder's "Total Number of
Shares" is equal to the number of shares of Target Common Stock owned of record
or beneficially by the Stockholder as a result of the exercise of exchange
rights to acquire shares of Target Common Stock. after July 1, 2000.

                                       2

<PAGE>

            (d)   Stockholder hereby irrevocably waives any rights of appraisal
or rights to dissent from the Merger that such Stockholder may have.

            3.    Agreement to Vote. (a) Stockholder hereby irrevocably and
unconditionally agrees to vote or to cause to be voted or provide a consent with
respect to all Shares that it owns of record or beneficially as of the Record
Date at the Target Stockholders' Meeting and at any other annual or special
meeting of stockholders of Target or action by written consent where such
matters arise (i) in favor of the Merger and the Merger Agreement and approval
of the terms thereof and (ii) against, and such Stockholder will not consent to,
approval of any Alternative Transaction or the liquidation or winding up of
Target. The obligations of each such Stockholder specified in this Section 3
shall apply whether or not the Board of Directors of Target makes a Subsequent
Determination.

            (b)   In furtherance of the agreements contained in Section 3(a)
hereof, each Stockholder hereby agrees (i) to complete and send the proxy card
received by such Stockholder with the Target Proxy Statement, so that such proxy
card is received by Target, as prescribed by the Target Proxy Statement, not
later than the fifth Business Day preceding the day of the Target Stockholders'
Meeting, (ii) to vote, by completing such proxy card but not otherwise, all the
Shares he or it owns of record or beneficially as of the record date for the
Target Stockholders' Meeting (A) in favor of the Merger and the Merger Agreement
and (B) if the opportunity to do so is presented to such Stockholder on the
proxy card, against any Alternative Transaction and (iii) not to revoke any such
proxy.

            4.    Miscellaneous.

            (a)   Execution in Counterparts. This Agreement may be executed in
counterparts each of which shall be an original with the same effect as if the
signatures hereto and thereto were upon the same instrument.

            (b)   Specific Performance. Stockholder agrees with Purchaser as to
itself that if for any reason Stockholder fails to perform any of its agreements
or obligations under this Agreement, irreparable harm or injury to Purchaser
would be caused as to which money damages would not be an adequate remedy.
Accordingly, Stockholder agrees that, in seeking to enforce this Agreement
against Stockholder, Purchaser shall be entitled, in addition to any other
remedy available at law, equity or otherwise, to specific performance and
injunctive and other equitable relief. The provisions of this Section 4(b) are
without prejudice to any other rights or remedies, whether at law or in equity,
that Purchaser may have against Stockholder for any failure to perform any of
its agreements or obligations under this Agreement.

            (c)   Amendments; Termination.

            (i)   This Agreement, including this Section 4(c), may not be
      modified, amended, altered or supplemented, except upon the execution and
      delivery of a written agreement executed by the parties hereto.

                                       3

<PAGE>

            (ii)  The provisions of this Agreement shall terminate upon the
      earliest to occur of (A) the consummation of the Merger, (B) the
      termination of the Merger Agreement and (C) except for Section 3 of this
      Agreement, January 1, 2001.

            (d)   Governing Law; Submission and Jurisdiction.

            (i)   This Agreement shall be governed by and construed in
      accordance with the laws of the State of Delaware without giving effect to
      the principles of conflicts of laws interest.

            (ii)  Each of the parties hereto irrevocably agrees that any legal
      action or proceeding with respect to this Agreement or for recognition and
      enforcement of any judgment in respect hereby brought by the other party
      hereto or its successors or assigns shall be brought and determined only
      in the United States District Court for the State of Delaware or, in the
      event (but only in the event) that such court does not have subject matter
      jurisdiction over such action or proceeding, in the courts of the State of
      Delaware. Each of the parties hereto hereby irrevocably submits with
      regard to any such action or proceeding for itself and in respect of its
      property, generally and unconditionally, to the personal jurisdiction of
      the aforesaid courts. Each of the parties hereto hereby irrevocably
      waives, and agrees not to assert, by way of motion, as a defense,
      counterclaim or otherwise, in any action or proceeding with respect to
      this Agreement, (A) any claim that is not personally subject to the
      jurisdiction of the above-named courts for any reason other than the
      failure to serve in accordance with this Section 4(d)(ii) or that it or
      its property is exempt or immune from jurisdiction of any such court or
      from any legal process commenced in such courts (whether through service
      of notice, attachment prior to judgment, attachment in aid of execution of
      judgment, execution of judgment or otherwise), and (ii) to the fullest
      extent permitted by the applicable law, that (x) the suit, action or
      proceeding in such court is brought in an inconvenient forum, (y) the
      venue of such suit, action or proceeding is improper and (z) this
      Agreement, or the subject matter hereof, may not be enforced in or by such
      courts. Without limiting the foregoing, each party agrees that service of
      process on such party as provided in Section 4(f) shall be deemed
      effective service of process on such party.

            (e)   Successors and Assigns. The provisions of this Agreement shall
be binding upon and inure to the benefit of the parties hereto and their
respective legal successors and permitted assigns; provided that, except as
otherwise provided in this Agreement, no party may assign, delegate or otherwise
transfer any of its rights or obligations under this Agreement, and except that
this Agreement shall not be binding on the transferees of Shares that are
permitted to be Transferred pursuant to this Agreement (other than transferees
who are Affiliates of the Transferring Stockholder).

            (f)   Notices. All notices and other communications given or made
pursuant hereto shall be in writing and shall be deemed to have been duly given
or made as of the date of receipt and shall be delivered personally or mailed by
registered or certified mail (postage prepaid, return receipt requested), sent
by overnight courier or sent by telecopy, to the Parties at the

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<PAGE>

following addresses or telecopy numbers (or at such other address or
telecopy number for a Party as shall be specified by like notice):

            (i)   if to Stockholder, at Stockholder's address appearing below at
      any other address that Stockholder may have provided in writing to
      Purchaser,

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

            (ii)   if to Purchaser:

                         [Address]

                         Attention:
                         Facsimile:

            (g)   Waiver of Immunity. Purchaser agrees that, to the extent that
it or any of its property is or becomes entitled at any time to any immunity on
the grounds of sovereignty or otherwise based upon its status as an agency or
instrumentality of government from any legal action, suit or proceeding or from
setoff or counterclaim relating to this Agreement from the jurisdiction of any
competent court, from service of process, from attachment prior to judgment,
from attachment in aid of execution of a judgment, from execution pursuant to a
judgment or arbitral award, or from any other legal process in any jurisdiction,
it, for itself and its property expressly, irrevocably and unconditionally
waives, and agrees not to plead or claim, any such immunity with respect to such
matters arising with respect to this Agreement or the subject matter hereof
(including any obligation for the payment of money). Purchaser agrees that the
waiver in this provision is irrevocable and is not subject to withdrawal in any
jurisdiction or under any statute, including the Foreign Sovereign Immunities
Act, 28 U.S.C. ss. 1602 et seq. The foregoing waiver shall constitute a present
waiver of immunity at any time any action is initiated against Purchaser with
respect to this Agreement.

            IN WITNESS WHEREOF, the parties hereto have executed this
Stockholders Agreement as of this ___ day of ______, 2000.

                                    [Purchaser]

                                    By:
                                       --------------------------------------
                                       Name:
                                            ---------------------------------
                                       Title:
                                             --------------------------------

                                    [Stockholder]

                                       5

<PAGE>

                                    By:
                                       --------------------------------------
                                       Name:
                                            ---------------------------------
                                       Title:
                                             --------------------------------

                                      -6-Exhibit 10.4

                 EXCHANGE RIGHTS ACQUISITION AND GRANT AGREEMENT

      THIS EXCHANGE RIGHTS ACQUISITION AND GRANT AGREEMENT (this "Agreement") is
entered into and effective as of this 23rd day of July, 2000, by and among
VOICESTREAM PCS BTA I CORPORATION, a Delaware corporation ("VoiceStream BTA"),
VoiceStream Wireless Corporation, a Delaware corporation ("VoiceStream"),
WESTERN WIRELESS CORPORATION, a Washington corporation ("WWC"), and PROVIDENCE
MEDIA PARTNERS L.P., a Delaware limited partnership ("Providence").

                                    RECITALS

      (i)  VoiceStream, VoiceStream BTA, formerly known as Western PCS BTA I
Corporation, WWC, and Providence are parties to that certain PCS Block "C"
Organization and Financing Agreement dated November 5, 1995, as amended by
amendments dated April 8, 1996 (the "First Amendment"), June 27, 1996 (the
"Second Amendment"), July 30, 1996 (the "Third Amendment"), and April 14, 2000
(the "Fourth Amendment") (together, the "Organization and Financing Agreement"),
whereby the parties thereto specified certain terms with respect to the
organization and financing of Cook Inlet VoiceStream PV/SS PCS, L.P. (the
"Limited Partnership") and operation of various wireless telecommunications
systems, and the terms of various contracts for use among the parties thereto
and others in connection with such organization, financing, and operations. The
other parties to the Organization and Financing Agreement are: COOK INLET PV/SS
PCS PARTNERS, L.P., a Delaware limited partnership ("Control Group"); COOK INLET
TELECOMMUNICATIONS, INC., a Delaware corporation ("Cook Inlet"); and SSPCS
CORPORATION, a Delaware corporation ("SSPCS").

      (ii) Control Group and VoiceStream BTA are parties to that certain Cook
Inlet VoiceStream PV/SS PCS, L.P. Limited Partnership Agreement dated November
5, 1995, as amended by the First Amendment, the Second Amendment, the Third
Amendment, and the Fourth Amendment (together, the "Limited Partnership
Agreement"), whereby the parties thereto formed the Limited Partnership to apply
to the FCC for the right to participate in the Auction and to bid and acquire
Licenses, as such terms are defined therein.

      (iii) Pursuant to the Organization and Financing Agreement, each of Cook
Inlet, SSPCS and Providence is (a) defined to be a Control Group Partner with
Partnership Interests (as defined therein) in Control Group, and (b) is
therefore granted certain rights ("WWC Exchange Rights") to exchange its
ownership rights in its Partnership Interest in Control Group for shares of WWC
common stock in certain circumstances.

      (iv) Providence desires to sell and WWC desires, in conjunction with
VoiceStream, to acquire for cancellation, the WWC Exchange Rights of Providence
for consideration consisting of cash from WWC and a grant of new exchange rights
by VoiceStream.

      (v) The parties desire to set forth the full terms of their agreement
respecting the same in this written contract.

                                    AGREEMENT

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

<PAGE>

                                    ARTICLE I
                                   DEFINITIONS

      ALL WORDS CAPITALIZED HEREIN AND NOT DEFINED SHALL HAVE THE MEANINGS GIVEN
THEM IN THE ORGANIZATION AND FINANCING AGREEMENT.

      Otherwise, for purposes of this Agreement, the following terms have the
meanings set forth below.

      "VoiceStream" means VoiceStream Wireless Corporation, a Delaware
corporation and its successors and assigns.

      "VoiceStream Common Stock" means the common stock, $0.001 par value, of
VoiceStream.

      "VoiceStream Organic Change" means any recapitalization, reorganization,
reclassification, spin-off, split-off, extraordinary dividend or distribution,
consolidation or merger with another Person of VoiceStream, or any successor(s)
thereto, or sale of all or substantially all, in any or a series of
transactions, of the assets or stock of VoiceStream, or any successor(s)
thereto, to another Person, or other transaction involving VoiceStream, or any
successor(s) thereto, which is effected in such a manner that holders of
VoiceStream Common Stock, or of stock or other interests in any of the
respective successors to VoiceStream as the case may be, are entitled to receive
(either directly or upon subsequent liquidation) stock, securities or assets or
other consideration with respect to or in exchange for such stock or interests.

                                   ARTICLE II
                         PURCHASE OF WWC EXCHANGE RIGHTS

      WWC and VoiceStream hereby purchase from Providence, and Providence hereby
sells to WWC and VoiceStream, all of Providence's right, title and interest in
and to the WWC Exchange Rights for the following consideration:

            (a) the sum of Twenty Million Dollars ($20,000,000), payable in cash
within five (5) business days of the execution of this Agreement; and

            (b) the grant to Providence of the rights to exchange ownership
rights in its Partnership Interest in Control Group for VoiceStream Common Stock
("Exchange Rights"), which Exchange Rights are hereby granted. The terms and
conditions of the Exchange Rights are set forth in Article III hereof.

                                   ARTICLE III
                                 EXCHANGE RIGHTS

      3.1  Exchange Rights. The Exchange Rights shall be exercisable (the
"Exchange") by Providence only on the following terms and only during the thirty
(30) day exchange period beginning on April 27, 2002 (the "Exchange Date"), and
ending at 5:00 p.m. pacific time on May 26, 2002, (the "Exchange Period") in
accordance with the following, provided that in the event that the FCC Rules are
amended or a law or other legislation is passed ("Legislation") such that
neither License forfeiture nor violation of the C and F block eligibility
requirements (as defined by the FCC Rules) would occur as a result of the
Exchange occurring sooner than April 27, 2002, then the Exchange Date shall be
advanced to

                                      -2-

<PAGE>

the earliest date that the Exchange may take place without violation of the FCC
Rules, provided, that, unless waived in writing by Providence, such date shall
not be earlier than (i) thirty (30) days after Providence has received written
notice from VoiceStream of such FCC Rule amendment or such Legislation or (ii)
if required by Providence, the date that VoiceStream, or its Affiliate, to the
extent reasonably possible, provides a legal opinion to Providence from outside
counsel to VoiceStream addressed to the Limited Partnership, which counsel and
opinion are acceptable to Providence and the Company, opining that an Exchange
on the earlier Exchange Date (such new Exchange Date to be set forth in such
legal opinion) would not result in License forfeiture or violation of the C and
F block eligibility requirements:

            (a)  Providence may elect to exchange all, but not less than all, of
the ownership rights in its Partnership Interest in Control Group for three
hundred twenty-one thousand three hundred and thirty-four (321,334) shares of
VoiceStream Common Stock.

            (b)  To cause an Exchange, Providence shall deliver an irrevocable
written notice of the same (an "Exchange Notice") to VoiceStream during the
Exchange Period; provided that, if as of the end of the Exchange Period
Providence has failed to so deliver said notice, the Exchange Rights of
Providence (pursuant to this Agreement) shall then immediately terminate.

            (c)  The WWC Exchange Rights of Providence set forth in the
Organization and Financing Agreement are upon execution hereof deemed cancelled
and are null and void, and Providence shall have no further right or obligation
in respect of the WWC Exchange Rights or any other part or provision of Article
III of the Organization and Financing Agreement as set forth therein, and the
parties agree that this Agreement shall supersede such Article III.

            (d)  VoiceStream BTA, WWC, VoiceStream and Providence agree to
structure, to the extent reasonably possible, the Exchange for Providence in a
way that is tax free to each of Providence and to VoiceStream BTA, WWC, and
VoiceStream and such structure may include a stock exchange that includes the
stock of a special purpose corporation holding the Partnership Interest of
Providence in the Control Group; provided, however, that in doing so there are
no negative tax or accounting attributes of such an Exchange that adversely
impact VoiceStream BTA, Providence, WWC, or VoiceStream to a greater extent than
would be experienced in a direct exchange for a Partnership Interest (other than
the receipt of a carry over basis due to the tax free nature of the
transaction), as determined in utmost good faith by VoiceStream BTA in its
reasonable discretion. If Providence desires such a tax free structure, it shall
be a special purpose corporation. A "special purpose corporation" shall mean a
corporation formed for the purpose of holding an interest in the Control Group.

            (e)  If VoiceStream BTA or VoiceStream in connection with the
Exchange, directly acquires a Partnership Interest, VoiceStream BTA or
VoiceStream, as the case may be, shall take all actions necessary to satisfy the
applicable requirements of Section 12.6 of the limited partnership agreement of
Control Group.

            (f)  Upon receipt of an Exchange Notice during the Exchange Period,
and if VoiceStream Common Stock is listed or admitted for trading on the NASDAQ
National Market System or the New York Stock Exchange, then VoiceStream BTA and
VoiceStream agree that VoiceStream shall issue to Providence, as soon as
reasonably practicable but in any event no later than sixty (60) days following
delivery of the Exchange Notice (the "Outside Delivery Date"), three hundred
twenty-one thousand three hundred and thirty-four (321,334) shares of
VoiceStream Common Stock provided that at the time of such issuance (i) such
shares will be duly authorized, validly issued, fully paid and non-

                                      -3-

<PAGE>

assessable and free and clear of all liens, claims and encumbrances or
preemptive or similar rights, (ii) such shares are delivered in compliance with
Federal and state securities laws, (iii) such shares are subject to an effective
registration statement under the Securities Act of 1933, as amended (the
"Securities Act"), covering the offer and sale of such shares by Providence (the
"Registration Statement") from time to time in negotiated transactions, in
market transactions or otherwise, (iv) such shares are registered or qualified
for offer of sale by Providence under the securities or blue sky laws of such
States as Providence shall reasonably request. VoiceStream covenants and agrees
that it shall (x) prepare and file with the Securities and Exchange Commission
(the "SEC") such amendments as may be necessary to keep the Registration
Statement effective until the earlier of the date all of such shares have been
sold by Providence, the date all of such shares are freely tradable without
registration or restriction (under Rule 144(k) promulgated under the Securities
Act or otherwise), but not before the expiration of the 90-day period referred
to in Section 4(3) of the Securities Act and Rule 174 promulgated thereunder,
(y) cause each such state securities or blue sky registration or qualification
to remain effective during the period the Registration Statement is required to
be kept effective hereunder, and (z) cause the shares covered by such
Registration Statement, by the date of the first sale by Providence thereunder,
to be listed or admitted for trading on each securities exchange (or, if
applicable, the NASDAQ national market system) on which VoiceStream Common Stock
is then listed or admitted for trading.

      3.2   Increase or Combination of Common Stock.

      At any time prior to the date VoiceStream Common Stock is issued to
Providence in accordance with this Agreement, if at any time VoiceStream (a)
pays a dividend or makes a distribution in shares of its capital stock or
securities convertible or exchangeable for shares of its capital stock, (b)
issues by reclassification, or (c) subdivides (by any stock split,
recapitalization or otherwise) one or more classes of its outstanding shares of
VoiceStream Common Stock into a greater number of shares, the number of shares
of VoiceStream Common Stock to be issued pursuant to Section 3.1 immediately
prior to such increase shall be adjusted proportionately, and if VoiceStream at
any time combines (by reverse stock split or otherwise) one or more classes of
its outstanding shares of VoiceStream Common Stock into a smaller number of
shares, the number of shares of VoiceStream Common Stock issuable to Providence
on an Exchange immediately prior to such combination shall be adjusted
proportionately to allow Providence the full benefit and effect of the increase
or combination as if the Exchange had occurred immediately prior to the increase
or combination, as the case may be.

      3.3   Reorganization, Reclassification, Consolidation, Merger or Sale.

      At any time prior to the date VoiceStream Common Stock is issued to
Providence in accordance with this Agreement, prior to the consummation of each
VoiceStream Organic Change, VoiceStream shall make appropriate provisions (in
form and substance reasonably satisfactory to Providence) to insure that
Providence thereafter shall have the right to exchange for and receive, in lieu
of or in addition to (as the case may be) the shares of VoiceStream Common Stock
immediately theretofore acquirable and receivable upon an Exchange, such shares
of stock, securities or assets or other consideration as Providence would have
received in connection with such VoiceStream Organic Change if Providence had
effected the Exchange immediately prior to such VoiceStream Organic Change. In
the event of each VoiceStream Organic Change, VoiceStream shall also make
appropriate provisions (in form and substance reasonably satisfactory to
Providence) to insure that Providence continues to have the benefit of this
Section 3.3 thereafter. VoiceStream shall not effect any VoiceStream Organic
Change unless prior to the consummation thereof, the successor corporation (if
other than VoiceStream) resulting from consolidation or merger or the Person
purchasing such stock or assets assumes by written instrument (in form
reasonably satisfactory to Providence) the obligation to deliver to Providence
such shares of stock,

                                      -4-

<PAGE>

securities or assets or other consideration as, in accordance with the foregoing
provisions, Providence may be entitled to acquire.

      3.4   Recapture of Bidding Credits and Acceleration of FCC Loans. In the
event that an Exchange results in either (a) the recapture by the FCC of any
bidding credits or other discounts received by Applicant with respect to the
award of Licenses in connection with the Auction, or (b) the acceleration of any
obligation or debt owed to the FCC in connection with the Auction, the Applicant
solely shall be liable to the FCC for such amounts.

                                   ARTICLE IV
                    SHARING OF PROCEEDS OF SALE TRANSACTIONS

      The parties acknowledge that Providence was under no obligation to
exercise the WWC Exchange Rights and agree that Providence is not hereunder
obligated to exercise the Exchange Rights. The parties further acknowledge and
agree that, as of this date, Providence has received a portion of the value of
the WWC Exchange Rights in cash pursuant to the transactions described in
Article II hereof, although it has not and will not exercise the WWC Exchange
Rights and may never exercise the Exchange Rights. In light of the foregoing,
the parties agree that if Providence fails to exercise the Exchange Rights
pursuant to Article III after receiving at least thirty (30) days written notice
from VoiceStream of its right to do so, then upon and from the receipt by
Providence of cash proceeds from a Sale Transaction (as defined below),
Providence shall immediately pay in cash to WWC the lesser of:

            (a)   Twenty Million Dollars ($20,000,000); or

            (b)   the amount of proceeds equal to the total amount of cash
distributions from the Limited Partnership and Control Group to which Providence
or any subsidiary, parent or Affiliate thereof is entitled as a result of the
Sale Transaction, provided that in calculating such amount, no distributions of
income or other distributions relating to the ownership and operation of the
Limited Partnership's business, assets and/or FCC licenses shall be included.

      A "Sale Transaction" shall mean any sale, transfer, disposition or
conveyance (or series of related or unrelated sales, etc.), directly or
indirectly, by the Limited Partnership or any subsidiary, parent or Affiliate
thereof, of all or substantially all of its assets and the FCC licenses that
allow and comprise the wireless telecommunications systems directly or
indirectly owned by the Limited Partnership.

                                    ARTICLE V
                         REPRESENTATIONS AND WARRANTIES

      5.1   VoiceStream and VoiceStream BTA jointly and severally represent and
warrant to and covenant with Providence as follows:

            (a)  VoiceStream is a corporation duly organized, validly existing
and in good standing under the laws of Delaware. VoiceStream has all requisite
corporate power and authority and any necessary governmental approval to own,
lease and operate its properties and to carry on its business as now being
conducted. VoiceStream is duly qualified or licensed and in good standing to do
business in each jurisdiction in which the character of the property owned,
leased or operated by it or the nature of the business conducted by it makes
such qualification or licensing necessary.

                                      -5-

<PAGE>

            (b)  VoiceStream has filed with the SEC all documents required to be
filed by it since December 31, 1998 under the Securities Act or the Exchange Act
(the "VoiceStream SEC Documents"). As of their respective filing dates, the
VoiceStream SEC Documents complied in all material respects with the
requirements of the Securities Act or the Exchange Act, as the case may be, each
as in effect on the date so filed, and at the time filed with the SEC none of
the VoiceStream SEC Documents contained any untrue statement of a material fact
or omitted to state a material fact required to be stated therein or necessary
to make the statements therein, in light of the circumstances under which they
were made, not misleading. The financial statements of VoiceStream included in
the VoiceStream SEC Documents comply as of their respective dates in all
material respects with the then applicable accounting requirements and the
published rules and regulations of the SEC with respect thereto, have been
prepared in accordance with generally accepted accounting principles (except in
the case of the unaudited statements, as permitted by Form 10-Q under the
Exchange Act) applied on a consistent basis during the periods involved (except
as may be indicated therein or in the notes thereto) and fairly present the
consolidated financial position of VoiceStream and its consolidated subsidiaries
as at the dates thereof and the consolidated results of their operations and
their consolidated cash flows for the periods then ended (subject, in the case
of unaudited statements, to normal year-end audit adjustments and to any other
adjustments described therein).

            (c)  VoiceStream has provided Providence with true copies of all
contracts, agreements and other instruments governing the rights of SSPCS and
Cook Inlet to exchange their interests in Control Group. Prior to the Closing of
the Agreement and Plan of Merger dated as of July 23, 2000, by and among
Deutsche Telecom AG and VoiceStream, VoiceStream agrees that no material changes
will be made to such agreements that provide rights that are more favorable than
those provided to Providence.

      5.2   Providence, WWC, VoiceStream and VoiceStream BTA represent and
warrant to, and covenant with and among, each other as follows:

      Each party has all requisite corporate power and authority to execute and
deliver this Agreement, to perform its obligations hereunder and to consummate
the transactions contemplated hereby. The execution, delivery and performance of
this Agreement and the consummation of the transactions contemplated hereby,
have been duly and validly authorized by such party's Board of Directors and no
other corporate proceedings on the part of such party or its stockholders are
necessary to authorize the execution and delivery of this Agreement or to
consummate the transactions contemplated hereby. This Agreement has been duly
and validly executed and delivered by such party and constitutes the legal,
valid and binding agreement of such party, enforceable against it in accordance
with the terms of this Agreement. No consent, approval, waiver or authorization
of, notice to or declaration or filing with any governmental entity or authority
is required in connection with the execution, delivery or performance by such
party of this Agreement or the consummation by it of the transactions
contemplated hereby.

                                   ARTICLE VI
                                  MISCELLANEOUS

      6.1  Entire Agreement; Amendment. This Agreement and the Organization and
Financing Agreement referenced herein embody the complete agreement and
understanding among the parties hereto with respect to the subject matter hereof
and supersede and preempt any prior understandings, agreements or
representations by or among the parties, written or oral, which may have related
to the subject matter hereof in any way. This Agreement may be amended only by
an instrument executed by each of the parties hereto.

                                      -6-

<PAGE>

      6.2  Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
assigns. Neither this Agreement nor any of the rights, interests or obligations
hereunder shall be assigned or delegated by any of the parties hereto without
the prior written consent of the other parties hereto.

      6.3  Severability. Whenever possible, each provision of this Agreement
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be prohibited
by or invalid under applicable law, such provision shall be ineffective only to
the extent of such prohibition or invalidity, without invalidating the remainder
of this Agreement; provided that the parties shall, in good faith, negotiate
fair market-based compensation to any party which loses rights hereunder
pursuant to such interpretation.

      6.4  Savings Clause. Notwithstanding anything in this Agreement to the
contrary, if the possession or exercise of any right of the parties set forth in
this Agreement would cause the Limited Partnership to violate any applicable
laws, including, without limitation, any FCC Rules, as in effect from time to
time, or result in an adverse regulatory action or ruling by the FCC, such right
shall be deemed not to exist; provided that the parties shall, in good faith,
negotiate fair market-based compensation to any party which loses any right
hereunder pursuant to such right being deemed not to exist.

      6.5  Governing  Law.  All questions concerning the construction,
validity and interpretation of this Agreement and the exhibits and schedules
hereto shall be governed by the internal law, and not the law of conflicts, of
Delaware.

      6.6  Notices. All notices, demands or other communications to be delivered
under or by reason of the provisions of this Agreement shall be in writing and
shall be deemed to have been given (a) when delivered personally to the
recipient; (b) two business days after being sent to the recipient by reputable
express courier service (charges prepaid); (c) five business days after being
mailed to the recipient by certified or registered mail, return receipt
requested and postage prepaid; and (d) when acknowledged by the recipient if
given by facsimile transmission. Such notices, demands and other communications
shall be sent to each party at the respective addresses indicated below:

      If to VoiceStream BTA, WWC
      or VoiceStream:               3650 131st Avenue SE
                                    Bellevue, WA 98006
                                    Attention:  General Counsel
                                    Facsimile: (425) 586-8090

      With a copy in each case to:  Richard B. Dodd
                                    Preston Gates & Ellis
                                    701 Fifth Avenue, Suite 5000
                                    Seattle, WA 98104-7078
                                    Facsimile: (206) 623-7022

      If to Providence :            Providence Media Partners L.P.
                                    50 Kennedy Plaza, 9th Floor
                                    Attention:  Jonathan M. Nelson
                                    Fax:  (401) 751-1790

                                      -7-

<PAGE>

                                    With a copy in each case to:
                                    Edwards & Angell, LLP
                                    2800 Bank Boston Plaza
                                    Providence, RI
                                    Attention:  David K. Duffell
                                    Fax:  (401) 276-6602

or to such other address or to the attention of such other person as the
recipient party has specified by prior written notice to the sending party.

      6.7   Descriptive Headings.  The descriptive headings of this Agreement
are inserted for convenience only and do not constitute a Section of this
Agreement.

                                      -8-

<PAGE>

      6.8 Counterparts. This Agreement may be executed simultaneously in two or
more counterparts, any one of which need not contain the signatures of more than
one party, but all such counterparts taken together shall constitute one and the
same Agreement.

      6.9 Effectiveness of Organization and Financing Agreement, Limited
Partnership Agreement and Technical Services Agreement. Except as modified by
this Agreement, all respective provisions of the Organization and Financing
Agreement, the Limited Partnership Agreement and the Technical Services
Agreement are unchanged and remain in full force and effect and are ratified and
confirmed by the parties hereto.

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

                                      -9-

<PAGE>

      IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

VOICESTREAM PCS BTA I CORPORATION       PROVIDENCE MEDIA PARTNERS L.P.
                                        By Providence Media GP Limited
                                           Partnership
                                        By Providence Ventures L.P., its
                                           General Partner

By  /s/ Cregg B. Baumbaugh              By  /s/ Jonathan M. Nelson
  -------------------------------         ---------------------------------
  Name:  Cregg B. Baumbaugh               Name:  Jonathan M. Nelson
       --------------------------              ----------------------------
  Title: Executive Vice President -       Title: General Partner
        -------------------------               ---------------------------
         Finance, Strategy and
         Development

WESTERN WIRELESS CORPORATION            VOICESTREAM WIRELESS CORPORATION

By  /s/ Donald Guthrie                  By  /s/ Cregg B. Baumbaugh
   ---------------------------            ---------------------------------
  Name:  Donald Guthrie                   Name:  Cregg B. Baumbaugh
       --------------------------              ----------------------------
  Title: Vice Chairman                    Title: Executive Vice President -
        -------------------------               ---------------------------
                                                 Finance, Strategy and
                                                 Development

      SIGNATURE PAGE TO EXCHANGE RIGHTS ACQUISITION AND GRANT AGREEMENT

                                      -10-

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