SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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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): June 1, 1999
KMC TELECOM HOLDINGS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware 333-50475 22-3545325
(State or Other (Commission (I.R.S. Employer
Jurisdiction File Number) Identification No.)
of Incorporation)
KMC Telecom Holdings, Inc.
1545 Route 206, Suite 300
Bedminster, New Jersey 07921
(Address of Principal Executive Offices, Including Zip Code)
Registrant's telephone number, including area code: 908-470-2100
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Item 5. Other Events.
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In ITEM 3 LEGAL PROCEEDINGS of its Annual Report to the Commission on Form
10-K for the year ended December 31, 1998, KMC Telecom Holdings, Inc. (the
"Registrant") included a description of an arbitration proceeding between its
subsidiary, KMC Telecom Inc., and Wang Laboratories, Inc.(as successor to I-Net,
Inc.). On June 1, 1999 the American Arbitration Association transmitted to the
parties an Award of Arbitration in the proceeding. The award provides that KMC
Telecom, Inc. shall pay to Wang Laboratories, Inc. the sum of $4,797,779 (which
amount includes pre-award interest) with interest thereon from the date of
service of the award to the date of payment. KMC Telecom Inc.'s counterclaims
were dismissed.
Item 7. Financial Statements, Pro Forma Financial Information
- ------ and Exhibits.
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(a) Financial Statements of Businesses Acquired.
Not Applicable
(b) Pro Forma Financial Information.
Not Applicable
(c) Exhibits.
None
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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.
KMC TELECOM HOLDINGS, INC.
Date: June 10, 1999 By: /s/ Robert F. Hagan
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Name: Robert F. Hagan
Title: Vice President, Controller
