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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
13d-2(a)
(Amendment No. 1)
CAI Wireless Systems, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
12476P 20 3
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(CUSIP Number)
Charles T. Cannada
Senior Vice President, Corporate Development
MCI WORLDCOM, Inc.
500 Clinton Center Drive
Clinton, Mississippi 39056
(601) 460-5600
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
with copies to:
P. Bruce Borghardt
MCI WORLDCOM, Inc.
10777 Sunset Office Drive
Suite 330
St. Louis, Missouri 63127
(314) 909-4100
June 29, 1999 (See Items 3 and 4 herein)
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box:
(Continued on following pages)
(Page 1 of 4 Pages)
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CUSIP No. 12476P 20 3 Schedule 13D Page 2 of 4 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MCI WORLDCOM, Inc. 58-1521612
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC & BK
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Georgia
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NUMBER OF SHARES 7 SOLE VOTING POWER
8,284,425 (See Item 5)
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BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY
0
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EACH REPORTING 9 SOLE DISPOSITIVE POWER
8,284,425 (See Item 5)
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PERSON WITH 10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,284,425 shares of common stock (See Item 5)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
48.0%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 12476P 20 3 Schedule 13D Page 3 of 4 Pages
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Preliminary Statement:
This Amendment No. 1 amends and supplements the Statement on Schedule
13D filed with the Securities and Exchange Commission by MCI WORLDCOM, Inc.
("MCI WorldCom") on June 9, 1999 (the "Schedule 13D") relating to the shares of
common stock, par value $0.01 per share (the "Shares") of CAI Wireless Systems,
Inc. ("CAI"), a Connecticut corporation. The principal executive offices of CAI
are located at 18 Corporate Woods Boulevard, Albany, New York 12211. Capitalized
terms used but not defined herein shall have the meanings ascribed thereto in
the Schedule 13D.
Except as specifically provided herein, this Amendment No. 1 does not
modify any of the information previously reported on the Schedule 13D. This
Amendment No. 1 speaks as of its date and no inference should be drawn that
no change has occurred in the facts set forth herein after the date hereof.
Item 1. Security and Issuer
No change.
Item 2. Identity and Background
No change.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is hereby amended and supplemented by adding the following
paragraph immediately succeeding the final paragraph:
The Purchaser expects that purchases of additional Shares, if any, by
Purchaser also will be funded from its cash on hand and from borrowings
under its commercial paper program and the Credit Facility. If the
Purchaser enters into any agreement or arrangement with any other person
for the purchase of Shares (as described in Item 4 below), the Purchaser
intends to file an appropriate amendment to the Schedule 13D, which will
disclose the source and amount of funds or other consideration to be used
by any such person.
Item 4. Purpose of Transaction
Item 4 is hereby amended and supplemented by adding the following
paragraph immediately preceding the final paragraph:
Subject to market conditions and developments with respect to the
transactions contemplated by the Merger Agreement, MCI WorldCom, directly
or indirectly, may purchase additional Shares in the open market or in
privately negotiated transactions prior to the consumation of the merger,
to the extent permitted by applicable laws, including federal securities
laws, to facilitate its efforts to consummate the merger. MCI WorldCom
intends to pay no more than the merger consideration of $28.00 per share
for any additional Shares that it may decide to purchase. In addition to
acquiring additional Shares directly, MCI WorldCom may enter into
contracts, agreements, arrangements, understandings or relationships
with third parties with respect to the Shares, including but not limited
to the purchase, transfer or voting of any of the Shares, loan or option
arrangements, puts or calls, and the giving of proxies with respect to the
merger. If MCI WorldCom enters into any such contract, agreement,
arrangement, understanding or relationship, it intends to file an
appropriate amendment to the Schedule 13D.
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Item 5. Interest in Securities of the Issuer.
No change.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer
No change.
Item 7. Material To Be Filed As Exhibits
No change.
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: June 29, 1999
MCI WORLDCOM, Inc.
By: /s/ Charles T. Cannada
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Name: Charles T. Cannada
Title: Senior Vice President,
Corporate Development
