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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
May 8, 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 proposed acquisition.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Filed herewith is the following exhibit:
99 Press release of May 8, 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: May 11, 1998 By /s/ Jack S. Kohler
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Jack S. Kohler
Vice President and Chief Financial Officer
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CHOICETEL COMMUNICATIONS, INC. EXHIBIT A
FOR IMMEDIATE RELEASE - May 8, 1998
Contact: Jack Kohler (612)544-1260
CHOICETEL COMMUNICATIONS TO ACQUIRE JAY TELEPHONE
Minneapolis, MN - ChoiceTel Communications, Inc. (NASDAQ-PHON) announced
today that it has signed an agreement to acquire the assets of Jay Telephone
Vending of Pennsylvania. Terms were not disclosed. Jay Telephone operates a
system of approximately 1,000 pay telephones in the Greater Philadelphia
Area. The Company expects to close the transaction in June subject to
completion of due diligence. The acquisition is expected to increase
ChoiceTel's base of installed pay phones by approximately thirty (30)
percent, to a total of 4,300 pay phones in 13 states.
Jeff Paletz, President of ChoiceTel stated "This acquisition marks our
expansion into the northeast states which was one of our objectives when we
raised capital in 1997 in our initial public offering."
ChoiceTel also announced that Jay Ludwig, currently President of Jay
Telephone, and a member of the American Public Communications Council's Board
of Directors, will join ChoiceTel as a Regional Manager to oversee business
operations in the northeast.
ChoiceTel Communication, Inc., based in Minneapolis, Minnesota presently
operates approximately 3,300 pay phones in 10 states.
