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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): October 7, 1997
LCC INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
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Delaware 0-21213 54-1807038
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification
Number)
7925 Jones Branch Drive
McLean, VA 22102
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(Address of Principal Executive Offices) (Zip Code)
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Registrant's telephone number, including area code: (703) 873-2000
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ITEM 5. OTHER EVENTS. On October 7, 1997, LCC International, Inc.
(the "Company") announced that it has agreed with MCI Telecommunications
Corporation ("MCI") to extend from October 8, 1997 until October 23, 1997 the
period of time within which the Company shall be entitled to exercise its
annual conversion rights under the Company's Subordinated Notes Due 2000, dated
June 28, 1994, to MCI, as amended, in the aggregate principal amount of
$50,000,000 (the "Notes"). The Notes are convertible into 2,841,099 shares of
the Company's Class A common stock, par value $.01 per share ("Class A Common
Stock"). The purpose of the extension is to provide the Company and MCI
additional time to consider the exercise of such rights by the Company and
related business matters.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(c) Exhibits
99. Press Release, dated October 7, 1997 regarding the agreement
of the Company and MCI to extend the time period until which
the Company may convert the Notes into Class A Common Stock.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: October 7, 1997 LCC INTERNATIONAL, INC.
By: /s/ RICHARD HOZIK
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Richard Hozik
Senior Vice President, Treasurer
and Chief Financial Officer
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EXHIBIT INDEX
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PAGE NUMBER IN
EXHIBIT NUMBER EXHIBIT SEQUENTIAL NUMBERING SYSTEM
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99. Press Release, dated October 7,1997,
regarding the agreement of the Company
and MCI to extend the time period until
which Company may convert the
Notes into Class A Common Stock.
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EXHIBIT 99
FOR IMMEDIATE RELEASE Contact: Tricia Drennan
Director of Corporate Communications &
Investor Relations
(703) 873-2390 (phone)
(703) 873-2300 (fax)
LCC INTERNATIONAL, INC. AND MCI TELECOMMUNICATIONS CORPORATION EXTEND
CONVERSION PERIOD RELATED TO A $50 MILLION NOTE
McLEAN, VIRGINIA, October, 7, 1997 -- LCC International, Inc., (NASDAQ: LCCI),
one of the world's largest providers of radio frequency engineering and network
implementation services and products to the international wireless
telecommunications industry, today announced that it had agreed with MCI
Telecommunications Corporation to extend from October 8, 1997 until October 23,
1997 the period of time within which LCC may exercise it annual conversion
right under two convertible subordinated notes issued to MCI in June of 1994 in
the aggregate principal amount of $50 million.
The notes are convertible into 2,841,099 shares of LCC's Class A common stock,
par value $.01 per share. The purpose of the extension is to provide LCC and
MCI additional time to consider the exercise of such rights by LCC and related
business matters.
LCC International, Inc. (http://www.lcc.com) is one of the world's largest
providers of radio frequency engineering and network implementation services
and products to the international wireless telecommunications industry.
Founded in 1983 with the advent of the wireless industry, the company is
engaged in four principal areas of business: RF engineering and design services
for wireless telecommunications networks; site acquisition, zoning,
construction and program management services;
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development of specialized software to support the design and operation of
wireless networks and design; and development of wireless field test
measurement equipment.
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