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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
Date of Report - May 12, 1995
(Date of earliest event reported)
CONTEL CELLULAR INC.
(Exact name of registrant as specified in charter)
DELAWARE
(State or other jurisdiction of Incorporation)
0-16714 58-1413513
(Commission File Number) (I.R.S. Employer Identification No.)
245 PERIMETER CENTER PARKWAY
ATLANTA, GEORGIA 30346
(Address of principal executive offices) (Zip Code)
(404) 804-3400
(Registrant's telephone number, including area code)
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CONTEL CELLULAR INC.
FORM 8-K
ITEM OF INFORMATION
Item 5. Other Events
On May 12, 1995, GTE Corporation ("GTE") announced that it had
completed its previously announced acquisition of Contel Cellular Inc.'s
("CCI") approximately 10 million shares of Class A Common Stock, representing
10 percent of the capital stock of CCI and that the merger of CCI with a
subsidiary of GTE has been consummated.
For additional information concerning this matter, refer to the
external press release included in this filing under Exhibit 99.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements - None
(b) Pro Forma Financial Information - None
(c) Exhibits
99 Press release discussing the matter described in Item 5.
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.
CONTEL CELLULAR INC.
(Registrant)
Dennis L. Whipple
-------------------------------------
(Dennis L. Whipple)
President and Chief Executive Officer
Date: May 12, 1995
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EXHIBIT INDEX
99 Press release discussing the matter described in Item 5.
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EXHIBIT 99
May 12, 1995
SUMMARY: GTE COMPLETES ITS ACQUISITION OF THE PUBLICLY HELD SHARES OF CONTEL
CELLULAR STOCK
STAMFORD, CONN. -- GTE Corp. today said it has completed its previously
announced acquisition of Contel Cellular Inc.'s (CCI) approximately 10 million
shares of Class Common Stock, representing 10 percent of the capital stock of
CCI and that the merger of CCI with a subsidiary of GTE has been consummated.
GTE had owned the other 90 percent of the outstanding shares of CCI, which it
acquired as a part of its 1991 merger with CCI's parent company, Contel Corp.
GTE paid CCI shareholders a previously agreed upon price of $25.50 per share
for a total acquisition cost of $255 million. Following the closing, CCI stock
will no longer be publicly traded.
