<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
SPECTRASITE HOLDINGS, INC.
- - --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
- - --------------------------------------------------------------------------------
(Title of Class of Securities)
84760T 10 0
- - --------------------------------------------------------------------------------
(CUSIP Number)
February 4, 2000
- - --------------------------------------------------------------------------------
Date of Event Which Requires Filing of this Statement
Check the appropriate box to designate the rule pursuant to which this Schedule
is Filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] 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 disclosures provided in a prior cover page. The information
required on 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 or
otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act.
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CUSIP No. 84760T 10 0 Page 2 of 7 Pages
- - --------------------------------------------------------------------------------
1) Name of Reporting Person Nextel Communications, Inc.
I.R.S. Identification
No. of Above Person
(Entities Only)
- - --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
- - --------------------------------------------------------------------------------
3) SEC Use Only
- - --------------------------------------------------------------------------------
4) Citizenship or Place Delaware
of Organization
- - --------------------------------------------------------------------------------
Number of 5) Sole Voting 14,000,000
Shares Beneficially Power
Owned by
Reporting Person With:
-----------------------------------------------
6) Shared Voting
Power -0-
-----------------------------------------------
7) Sole Disposi- 14,000,000
tive Power
-----------------------------------------------
8) Shared Dis-
positive Power -0-
-----------------------------------------------
9) Aggregate Amount Beneficially 14,000,000
Owned by Reporting Person
- - --------------------------------------------------------------------------------
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
- - --------------------------------------------------------------------------------
11) Percent of Class
Represented by 11.7%
Amount in Row (9)
- - --------------------------------------------------------------------------------
12) Type of Reporting
Person CO
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CUSIP No. 84760T 10 0 Page 3 of 7 Pages
- - --------------------------------------------------------------------------------
1) Name of Reporting Person Tower Parent Corp.
I.R.S. Identification
No. of Above Person
(Entities Only)
- - --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) [ X ]
if a Member of a Group (b) [ ]
- - --------------------------------------------------------------------------------
3) SEC Use Only
- - --------------------------------------------------------------------------------
4) Citizenship or Place Delaware
of Organization
- - --------------------------------------------------------------------------------
Number of 5) Sole Voting
Shares Beneficially Power -0-
Owned by
Reporting Person With:
-----------------------------------------------
6) Shared Voting
Power 14,000,000
-----------------------------------------------
7) Sole Disposi-
tive Power -0-
-----------------------------------------------
8) Shared Dis-
positive Power 14,000,000
-----------------------------------------------
9) Aggregate Amount Beneficially -0-
Owned by Reporting Person
- - --------------------------------------------------------------------------------
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
- - --------------------------------------------------------------------------------
11) Percent of Class
Represented by 11.7%
Amount in Row (9)
- - --------------------------------------------------------------------------------
12) Type of Reporting
Person CO
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CUSIP No. 84760T 10 0 Page 4 of 7 Pages
SCHEDULE 13G
Item 1(a) - Name of Issuer: SpectraSite Holdings, Inc.
Item 1(b) - Address of Issuer's Principal Executive Offices:
100 Regency Forest Drive, Suite 400
Cary, NC 27511
Item 2(a) - Name of Person Filing: Nextel Communications, Inc.
Tower Parent Corp.
Item 2(b) - Address of Principal Business Office:
2001 Edmund Halley Drive
Reston, Va 20191
Item 2(c) - Place of Organization: Delaware
Item 2(d) - Title of Class of Securities: Common Stock, $.001 par value
Item 2(e) - CUSIP Number: 84760T 10 0
Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or 13d-2(b) or (c):
Not applicable.
Item 4 - Ownership.
(a) Amount Beneficially Owned: 14,000,000
(b) Percent of Class: 11.7%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: -0-
(ii) shared power to vote or to direct the vote: 14,000,000
(iii) sole power to dispose or to direct the
disposition of: -0-
(iv) shared power to dispose or to direct the
disposition of: 14,000,000
Nextel Communications, Inc. expressly declares that the filing
of this statement on Schedule 13G shall not be construed as an
admission that it is, for the purposes of Section 13(d) or 13(g)
of the Securities and Exchange Act of 1934, the beneficial owner
of any securities covered by this statement.
Item 5 - Ownership of Five Percent or Less of a Class:
Not applicable.
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 Company: Not applicable.
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CUSIP No. 84760T 10 0 Page 5 of 7 Pages
Item 8 - Identification and Classification of Members of the
Group: See Exhibit 1.
Item 9 - Notice of Dissolution of Group: Not applicable.
Item 10 - Certification: Not applicable.
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.
NEXTEL COMMUNICATIONS, INC.
By: /s/ Thomas J. Sidman
------------------------------------------
Senior Vice President and General Counsel
TOWER PARENT CORP.
By: /s/ Thomas J. Sidman
------------------------------------------
President
Date: February 12, 2000
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CUSIP No. 84760T 10 0 Page 6 of 7 Pages
EXHIBIT 1
IDENTIFICATION OF MEMBER OF THE GROUP
Nextel Communications, Inc. and Tower Parent Corp. are filing this
statement on Schedule 13G as a group. Tower Parent Corp. is a wholly owned
subsidiary of Nextel Communications, Inc. and the holder of record of the
Common Stock referenced by the Information Statement on Schedule 13G of which
this Identification is annexed as Exhibit 1.
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CUSIP No. 84760T 10 0 Page 7 of 7 Pages
EXHIBIT 2
AGREEMENT OF
NEXTEL COMMUNICATIONS, INC.
AND
TOWER PARENT CORP.
PURSUANT TO RULE 13d-1(k)
The undersigned hereby agree that the Information Statement on
Schedule 13G to which this Agreement is annexed as Exhibit 2 is filed on behalf
of each of them in accordance with the provisions of Rule 13d-1(k) under the
Securities Exchange Act of 1934, as amended.
NEXTEL COMMUNICATIONS, INC.
By: /s/ Thomas J. Sidman
------------------------------------------
Senior Vice President and General Counsel
TOWER PARENT CORP.
By: /s/ Thomas J. Sidman
------------------------------------------
President
Date: February 12, 2000
