COMPANY: FIRSTCOM CORPORATION
TICKER: FCLX
EXCHANGE: NASDAQ SMALL CAP MARKET
FORM TYPE: 425
DOCUMENT DATE: JUNE 28, 2000
FILING DATE: JUNE 29, 2000
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: FirstCom Corporation
Commission File No.: 001-14107
For Further Information:
Contact:
Richard Cooper
Investor Relations
(516) 829-7111
FirstCom Announces Filing of Amendment to Preliminary Proxy Materials
CORAL GABLES, Fla.--(BUSINESS WIRE)--June 28, 2000--FirstCom Corporation
(Nasdaq:FCLX ; "FirstCom" or the "Company") an emerging facilities-based
communications provider with fiber optic networks in Chile, Peru and Colombia,
reported today that it had filed amended proxy materials. The Company's filing
was in furtherance of the formal review process by the United States Securities
and Exchange Commission (the "SEC") of the proxy statement/prospectus relating
to FirstCom's pending merger with AT&T Latin America.
Mr. John Haigh, President of AT&T's International Ventures Organization
stated, "We continue to work diligently to complete the SEC review process and
continue to work together with FirstCom's management team to complete the merger
of AT&T Latin America and FirstCom and build our Latin American business."
Mr. Patricio E. Northland, Chairman, President and CEO of FirstCom
stated, "I would like to express my appreciation to our shareholders for their
patience during this process and continue to be optimistic that we will complete
this process as quickly as possible. We look forward to mailing a final proxy
statement to our shareholders soon, after completing the SEC review process."
FirstCom Corporation is rapidly emerging as a premier provider of
broadband integrated Internet/data, voice and video telecommunications services
to business customers in Chile, Peru and Colombia. FirstCom operates
state-of-the-art fiber optic ATM/IP networks in these countries providing
high-speed Internet/data connectivity that facilitates the delivery of content
to the business community. FirstCom also operates as a competitive long-distance
carrier in Chile and Peru.
<PAGE>
AT&T Latin America will provide first mile data, Internet and voice
connectivity, while providing the knowledge and experience to partner with
business customers to make a lasting difference. It will establish a full range
of innovative high-quality business services, one-stop shopping and customer
service in countries where it operates.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995: The foregoing statements involve known and unknown risks and
uncertainties that may cause the Company's actual results or outcomes to be
materially different from those anticipated and discussed herein. The matters
discussed in this press release contain forward-looking statements that involve
risks and uncertainties, including but not limited to economic, competitive,
governmental and technological factors detailed in the Company's filings with
the SEC which readers are urged to read carefully in assessing the forward
looking statements contained herein.
In addition to FirstCom's filing of a preliminary proxy statement with
the SEC, in connection with the FirstCom/AT&T Latin America merger, FirstCom
will file a definitive proxy statement and AT&T will file a registration
statement on Form S-4 with the SEC. We urge investors and security holders to
read the definitive proxy statement and registration statement when they are
available before they make a decision concerning the merger. Security holders
may obtain a free copy of those documents (when available) and other documents
filed by FirstCom Corporation at the SEC's web site at www.sec.gov. In addition,
documents filed with the SEC by FirstCom may also be obtained from FirstCom
Corporation by directing such request to FirstCom Corporation, 220 Alhambra
Circle, Coral Gables, Florida 33134, Attention: General Counsel, Thomas C.
Canfield (305) 459-6300.
The Members of the Board of Directors of FirstCom Corporation are
Patricio E. Northland, George Cargill, Andrew Hulsh and David Kleinman. As of
the date hereof, there are no other "participants in the solicitation," within
the meaning of Rule 14a-12 under the Securities Exchange Act of 1934, as
amended. Information concerning the directors is set forth in the Preliminary
Proxy statement filed with the SEC.
