Total revenue for the fourth quarter of 2000 was $30.1 million including subscriber revenue of $20.5 million, roaming revenue of $6.4 million and product sales of $3.2 million. Subscriber revenue represented a 27 percent increase over the third quarter of 2000, while roaming revenue grew 32 percent. Earnings before interest, taxes, depreciation and amortization, or EBITDA, excluding non-cash compensation were negative ($25.4) million for the fourth quarter of 2000. Excluding customer acquisition costs and charges for merger and acquisition expenses, resulting cash flow was a positive $2.1 million for the quarter. Proforma for Roberts and WOW, total revenues were $37.5 million, EBITDA was negative ($35.4) million and pre-marketing EBITDA was $0.5 million for the fourth quarter.
Average monthly revenue per user was $84 for the fourth quarter including roaming and $64 without roaming, as compared to $88 and $68 for the third quarter, respectively, after adjustment for bad debt expense. ARPU without roaming has also been restated to include analog roaming billed to subscribers based in Alamosa territory.
Average minutes of use per month in the fourth quarter was 456 per average subscriber including roaming and 381 without roaming. Churn was approximately 2.9 percent, and total system minutes of use were approximately 148 million for the quarter, compared to 105 million for the previous quarter.
For the year ended December 31, 2000, Alamosa reported total revenue of $82.7 million, comprised of $56.2 million of subscriber revenue, $17.3 million of roaming revenue and $9.2 million of product sales revenue. EBITDA excluding non-cash compensation for the twelve-month period was negative ($50.7) million.
At the end of the quarter, Alamosa had cash and short-term investments of approximately $143 million and committed but unused credit facilities of approximately $120 million. Capital expenditures for the fourth quarter were $43.8 million. In January 2001, Alamosa issued $250 million of senior notes with net proceeds of $241 million. With the additional funds, Alamosa continues to be significantly over funded through its estimated EBITDA breakeven point.
We continue to be pleased with our results, said David E. Sharbutt, chairman and chief executive officer. The considerable investment associated with our network build-out is translating into excellent subscriber growth at an annualized penetration rate that is greater than the industry. This, in turn, is resulting in strong revenue growth.
