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 (Date of earliest event reported): February 13, 1998
GEOTEK COMMUNICATIONS, INC.
(Exact name of registrant as specified in charter)
Delaware 0-17581 22-2358635
(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification No.)
102 Chestnut Ridge Road, Montvale, New Jersey 07645
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 201-930-9305
N/A
(Former name or former address, if changed since last report.)
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Item 5. Other Events
Geotek Communications, Inc. (the "Company") announced on February 13,
1998 the completion of the sale of the Company's European analog
assets to Montreal-based Telesystem International Wireless Inc. for
approximately $85 million in cash, pursuant to the agreement dated as
of December 18, 1997 by and among the Company, Geotek GmbH Holding
Corporation, a wholly owned subsidiary of the Company, Telesystem and
TIWC Holding (UK) Limited.
The Company is required to utilize the net proceeds from the sale of
its European Analog networks in accordance with the terms of the
amendment to the Indenture governing the 15% Senior Secured Discount
Notes due 2005, as previously reported in the Company's Current Report
on Form 8-K dated December 18, 1997, as amended on Form 8K/A.
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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.
Dated: February 19, 1998 GEOTEK COMMUNICATIONS, INC.
/s/ Robert Vecsler
--------------------------------
Name: Robert Vecsler
Title: Secretary
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