UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____ )*
Phonetel Technologies Inc.
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(Name of Issuer)
Common Stock, par value $0.01
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(Title of Class of Securities)
7192H505
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(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP NO. 7192H505
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canadian Imperial Bank of Commerce (Not Applicable)
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
608,000
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
608,000
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
608,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.96%
12. TYPE OF REPORTING PERSON
OO
<PAGE>
Item 1(a) Name of Issuer:
Phonetel Technologies Inc.
(b) Address of Issuer's Principal Executive Offices:
1001 Lakeside Avenue
Cleveland, Ohio 44114
Item 2(a) Name of Person Filing:
Canadian Imperial Bank of Commerce
(b) Address of Principal Business Office:
Commerce Court West
Toronto, Ontario, Canada M5L 1A2
(c) Citizenship:
Canada
(d) Title of Class of Securities:
Common Stock, par value $0.01
(e) CUSIP Number:
7192H505
Item 3 Person Filing
(a) ( ) Broker or Dealer registered under Section 15 of the Act
(b) ( ) Bank as defined in Section 3(a)(6) of the Act
(c) ( ) Insurance Company as defined in Section 3(a)(19) of the Act
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act
(e) ( ) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) ( ) Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund
(g) ( ) Parent Holding Company, in accordance with
ss.240.13d-1(b)(1)(ii)(G)
<PAGE>
(h) ( ) Group, in accordance withss.240.13d-1 (b)(1)(ii)(H)
Item 4 Ownership
(a) Amount Beneficially Owned 608,000
(b) Percent of Class
(i) sole power to vote or to direct the vote 5.96%
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 5.96%
(iv) shared power to dispose or to direct the disposition of 0
Item 5 Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact
that as of the date hereof the reporting person has
ceased to be the beneficial owner of more than five
percent of the class of securities, check the
following [ ].
Item 6 Ownership of More than Five Percent on Behalf of Another Person
Not applicable
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security being reported on by the Parent Holding
Company.
CIBC World Markets Corp. (which is a broker or dealer
registered under section 15 of the Securities Exchange Act of
1934, as amended)
Item 8 Identification and Classification of Members of the Group
Not applicable
Item 9 Notice of Dissolution of Group
Not applicable
Item 10 Certification
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of and
do not have the effect of changing or influencing the
control of the issuer of such securities and were not
acquired in connection with or as a participant in
any transaction having such purposes or effect.
<PAGE>
Signature
After reasonable 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.
CANADIAN IMPERIAL BANK OF COMMERCE
Dated: February 14, 2000 ____________________________________
Signature
Particia A. Bourdon, Secretary
Name/Title
