OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response......11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) AIRGATE PCS, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK -------------------------------------------------------------------------------- (Title of Class of Securities) 009367103 -------------------------------------------------------------------------------- (CUSIP Number) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. SEC 1745 (12-02) CUSIP NO. 009367103 -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Cambridge Telcom, Inc. 36-4017290 -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] ----------------------------------------------------------------- (b) [X] ----------------------------------------------------------------- -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- Number of 5. Sole Voting Power Shares 958,274* ----------------------------------------------------- Beneficially 6. Shared Voting Power Owned by 0 ----------------------------------------------------- Each 7. Sole Dispositive Power Reporting 958,274* ----------------------------------------------------- Person With: 8. Shared Dispositive Power 0 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 958,274* -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) N/A -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 3.7% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO and HC -------------------------------------------------------------------------------- * Telcom Research II is a limited partnership that is owned by entities in which Cambridge Telcom, Inc. has ownership. Cambridge Telcom, Inc., pursuant to Reg. Section 240.13d-4, expressly declares that the filing of this statement shall not be construed as an admission that it is, for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of 126,737 shares owned by Telcom Research II that are covered by this statement. SCHEDULE 13G Item 1. ISSUER (a) AIRGATE PCS, INC. (b) 233 Peachtree Street, N.E. Harris Tower, Suite 1700, Atlanta, GA 30303 Item 2. PERSON FILING (a) Cambridge Telcom, Inc. (b) 111 East First Street, P.O. Box 330, Geneseo, IL 61254 (c) Illinois Corporation, United States of America (d) Common Stock (e) 009367103 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO Sections 240.13D-1(b) OR 240.3D-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a)-(j) Not applicable Item 4. OWNERSHIP Items (5) - (9) and (11) of the cover page are incorporated herein by reference. Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ X ]. Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON. See Exhibit A. Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. Item 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. Item 10. (a) Not applicable (b) By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 12, 2004 --------------------------- Date /s/ Alan C. Anderson --------------------------- Signature Alan C. Anderson, President --------------------------- Name/Title EXHIBIT A Item 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY Telcom Research II PN Telcom Research II is a limited partnership that is owned by entities in which Cambridge Telcom, Inc. has ownership. Cambridge Telcom, Inc., pursuant to Reg. Section 240.13d-4, expressly declares that the filing of this statement shall not be construed as an admission that it is, for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of 126,737 shares owned by Telcom Research II that are covered by this statement.