SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Advanced Radio Telecom Corp.
(Name of Issuer)
Common Stock, $.001 par value
(Title of class of securities)
00743U-10-1
(CUSIP number)
H. Bryan Ives, III
Nelson Mullins Riley & Scarborough, L.L.P.
100 N. Tryon Street
Suite 3350
Charlotte, North Carolina 28202-4000
(704) 417-3000
(Name, address and telephone number of person
authorized to receive notices and communications)
February 25, 1997
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement [X].
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
(Continued on following pages)
(Page 1 of 7 Pages)<PAGE>
SCHEDULE 13D
CUSIP NO. 00743U-10-1 13D PAGE 2 OF 7 PAGES
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
CCC Millimeter, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
00
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 7 SOLE VOTING POWER
SHARES 2,350,310
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,350,310
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT OF BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,350,310
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [ ]
EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.0%
14 TYPE OF REPORTING PERSON*
PN
<PAGE>
SCHEDULE 13D
CUSIP NO. 00743U-10-1 13D PAGE 3 OF 7 PAGES
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Columbia Capital Corporation
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Virginia
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,205,614
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 3,205,614
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT OF BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,205,614
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [ ]
EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.4%
14 TYPE OF REPORTING PERSON*
CO
<PAGE>
Page 4 of 7 Pages
Schedule 13D
CCC Millimeter, L.P.
Columbia Capital Corporation
ADVANCED RADIO TELECOM CORP.
(CUSIP NO. 00743U-10-1)
ITEM 1. SECURITY AND ISSUER
This statement relates to the common stock, par value $.001 per share (the
`Common Stock'), of Advanced Radio Telecom Corp., a Delaware corporation (the
`Issuer'). The principal executive offices of the Issuer are located at 500
108th Avenue, N.E., Suite 2600, Bellevue, Washington 98004.
ITEM 2. IDENTITY AND BACKGROUND
(a) This statement is filed with respect to CCC Millimeter, L.P., a
Delaware limited partnership (`CCC Millimeter'), and Columbia Capital
Corporation, a Virginia corporation (`Columbia Capital'). Each of CCC
Millimeter and Columbia Capital are referred to herein as a `Reporting Person'
and collectively as the `Reporting Persons.' Columbia Capital is the sole
general partner of CCC Millimeter and Columbia Millimeter Communications, L.P.,
a Delaware limited partnership (`Columbia Millimeter'). Columbia Millimeter
owns 4.4% of the Issuer's Common Stock. By virtue of its position as the sole
general partner of CCC Millimeter and Columbia Millimeter, Columbia Capital has
the power to vote and dispose of the Common Stock held by CCC Millimeter and
Columbia Millimeter. Accordingly, the Reporting Persons are hereby filing a
joint Schedule 13D.
(b) The principal business address of each Reporting Person is 201 North
Union Street, Alexandria, Virginia 22314.
(c) The principal business of CCC Millimeter is investments. The
principal business of Columbia Capital is providing capital, financial services
and strategic guidance to companies in the communications and media industries.
(d) Neither Reporting Person has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) Neither Reporting Person has, during the past five years, been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction which resulted in a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
Federal or State securities laws or a finding of any violation with respect to
such laws.
<PAGE>
Page 5 of 7 Pages
Schedule 13D
CCC Millimeter, L.P.
Columbia Capital Corporation
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On July 3, 1996, the Issuer entered into an agreement (the `CommcoCCC
Agreement') to acquire 129 38 GHz wireless broadband authorizations (the
`Assets') from CommcoCCC, Inc. (`CommcoCCC') in exchange for 6,000,000 shares
of Common Stock of the Issuer. On February 25, 1997, the CommcoCCC Agreement
was consummated by the transfer of the Assets in exchange for the issuance of
6,000,000 shares of Common Stock as follows: 2,350,310 shares to CCC
Millimeter; 855,304 shares to Columbia Millimeter; and 2,794,386 shares to the
remaining shareholder of CommcoCCC, Commco, L.L.C. Columbia Capital does not
directly own any shares of Common Stock; however, by virtue of its position as
the sole general partner of CCC Millimeter and Columbia Millimeter, Columbia
Capital has the power to vote and dispose of the Common Stock held by CCC
Millimeter and Columbia Millimeter. In addition, in connection with certain
bridge financings, the Issuer issued to Columbia Capital and Commco, L.L.C.,
five-year warrants to purchase a total of 116,364 shares of Common Stock, all
at an exercise price of $17.1875 per share ($15.00 after giving effect to anti-
dilution adjustments). Of such warrants, Columbia Capital owns warrants for
62,173 shares and the remaining warrants for 54,191 shares were issued to
Commco, L.L.C.
ITEM 4. PURPOSE OF TRANSACTION
Each Reporting Person acquired the shares of Common Stock for investment
purposes. Although no Reporting Person presently has any plans or proposals to
acquire additional securities of the Issuer in the future, each Reporting
Person may acquire additional securities of the Issuer in the future. No
Reporting Person presently has any plans or proposals which relate to or would
result in any of the transactions described in paragraphs (a) through (j) of
Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) CCC Millimeter currently beneficially owns 2,350,310 shares of the
Issuer's Common Stock, representing approximately 12.0% of the currently
outstanding shares of Common Stock. CCC Millimeter currently beneficially owns
855,304 shares of the Issuer's Common Stock, representing approximately 4.4% of
the currently outstanding shares of Common Stock. Columbia Capital may be
deemed to beneficially own 3,205,614 shares of the Issuer's Common Stock,
representing approximately 16.4% of the currently outstanding shares of Common
Stock. In addition, Columbia Capital owns Warrants to purchase 62,173 shares
of Common Stock. The aggregate percentage of shares of Common Stock reported
owned by each Reporting Person is based upon 19,559,420 shares currently
outstanding, as disclosed directly by the Issuer to the Reporting Persons.
(b) By virtue of its position as sole general partner of each of
CCC Millimeter and Columbia Millimeter, Columbia Capital has the sole power to
vote and dispose of all 3,205,614 shares of Common Stock reported in this
Page 6 of 7 Pages
Schedule 13D
CCC Millimeter, L.P.
Columbia Capital Corporation
Schedule 13D. In addition, Columbia Capital owns Warrants to purchase 62,173
shares of Common Stock.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENT, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
1. Joint Filing Agreement.
<PAGE>
Page 7 of 7 Pages
Schedule 13D
CCC Millimeter, L.P.
Columbia Capital Corporation
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, each
of the undersigned certifies that the information set forth in this statement
is true, complete and correct.
March 5, 1997
(Date)
CCC MILLIMETER, L.P.
By: Columbia Capital Corporation
Its: General Partner
By: /s/ Neil P. Byrne
Its: Vice President
COLUMBIA CAPITAL CORPORATION
By: /s/ Neil P. Byrne
Its: Vice President
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f)(1)(iii) under the Securities Exchange Act
of 1934, as amended, the persons named below agree to the joint filing on
behalf of each of them of a Schedule 13D with respect to the common stock, par
value $.001 per share, of Advanced Radio Telecom Corp., a Delaware corporation,
and any further amendments thereto. This Joint Filing Agreement shall be filed
as an Exhibit to the Schedule 13D.
Dated March 5, 1997
CCC MILLIMETER, L.P.
By: Columbia Capital Corporation
Its: General Partner
By: /s/ Neil P. Byrne
Its: Vice President
COLUMBIA CAPITAL CORPORATION
By: /s/ Neil P. Byrne
Its: Vice President
