News Releases

NEW YORK, December 14, 2006 – The New York Stock Exchange announced today that it determined that the common stock of SunCom Wireless Holdings, Inc. (the "Company") – ticker symbol TPC  – should be suspended prior to the opening on Tuesday, December 19, 2006, or such earlier date as the Company commences trading in another securities marketplace, or if there is material adverse development.

The decision was reached in view of the fact that the Company has fallen below the Exchange’s continued listing standard. Specifically, the Company's average global market capitalization over a consecutive 30 trading-day period is less than $100,000,000. The Company submitted a business plan to address non-compliance with the NYSE’s continued listing standards. However, after reviewing these materials, the NYSE decided to proceed with suspension of trading.

The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. Application to the Securities and Exchange Commission to delist the issue is pending the completion of applicable procedures, including any appeal by the Company of the NYSE staff’s decision.  The NYSE noted that it may, at any time, suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.

Company contact:

Steve Somers, CFA

Executive Director of Investor Relations & Corporate Development

610-651-5900