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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
July 1, 1998
Date of Report (Date of earliest event reported)
CHOICETEL COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
MINNESOTA 0-23017 41-1649949
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
9724 10TH AVENUE NORTH
PLYMOUTH, MINNESOTA 55441
(Address of principal executive offices)
(612) 544-1260
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
ChoiceTel Communications, Inc. announced closing of acquisition.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Filed herewith is the following exhibit:
99 Press release of July 1, 1998, a copy of which is filed herewith as
Exhibit A.
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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 thereunto duly authorized.
CHOICETEL COMMUNICATIONS, INC.
(Registrant)
Dated: July 1, 1998 By /s/ Jack S. Kohler
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Jack S. Kohler
Vice President and Chief Financial Officer
2
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EXHIBIT A
July 1, 1998
IMMEDIATE RELEASE
ChoiceTel Communication, Inc.
Contact: Jeffrey R. Paletz, President
(612) 544-1260
CHOICETEL COMPLETES ACQUISITION OF JAY TELEPHONE
Minneapolis, MN - ChoiceTel Communications, Inc. (NASDAQ-PHON) announced
today that it has completed the acquisition of approximately 1,000 pay phones
in the Greater Philadelphia Area from privately-held, Jay Telephone Vending
Company. Terms were not disclosed.
With this acquisition, ChoiceTel's installed phone base increased by
approximately thirty percent (30%), for a total of approximately 4,300 phones
located in thirteen (13) states.
Jeff Paletz, President of ChoiceTel stated "This acquisition represents our
expansion into the northeast which was one of our objectives when we went
public in 1997. The urban concentration of phones in Philadelphia lends
itself to cost-effective servicing of the route, similar to our experience in
the Minneapolis-St. Paul market."
Jay Ludwig, former president of Jay Telephone and a director of the American
Public Communications Counsel, will join ChoiceTel as Regional Manager to
oversee the management of the acquired assets.
