UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information to be included in Statements filed Pursuant
to Rules 13d-1(b),(c), and (d) and Amendments thereto filed
pursuant to Rule 13d-2 (b)
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Rural Cellular Corporation
----------------------------
(Name of Issuer)
Class A Common Stock, par value $.01 per share
------------------------------------------------
(Title of Class of Securities)
781904107
--------------------------------------------
(CUSIP Number)
December 31, 1998
-----------------------------
(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)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
* The remainder of this cover page shall be filed 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 ("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>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 2 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Trustees of the TDS Voting Trust under Agreement dated June 30,
1989
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES ------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 586,799
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 132,597 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
------------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
------------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 7.5% of the Class A Common Stock and 11.0% of the
Class B Common Stock of the Issuer, representing approximately 8.0% of
the Issuer's outstanding classes of Common Stock and 9.7% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 3 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Telephone and Data Systems, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES ------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 586,799
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 132,597 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
------------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
------------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 7.5% of the Class A Common Stock and 11.0% of the
Class B Common Stock of the Issuer, representing approximately 8.0% of
the Issuer's outstanding classes of Common Stock and 9.7% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 4 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
United States Cellular Corporation
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 339,705
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 31,177 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
-----------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 4.4% of the Class A Common Stock and 2.6% of the
Class B Common Stock of the Issuer, representing approximately 4.1% of
the Issuer's outstanding classes of Common Stock and 3.3% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 5 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
United States Cellular Investment Company
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 339,705
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 31,177 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
-----------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 4.4% of the Class A Common Stock and 2.6% of the
Class B Common Stock of the Issuer, representing approximately 4.1% of
the Issuer's outstanding classes of Common Stock and 3.3% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 6 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TDS Telecommunications Corporation
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 247,094
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 101,420 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
-----------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 3.2% of the Class A Common Stock and 8.4% of the
Class B Common Stock of the Issuer, representing approximately 3.9% of
the Issuer's outstanding classes of Common Stock and 6.4% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 7 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arvig Telcom, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 172,348
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 70,243 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
-----------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 2.2% of the Class A Common Stock and 5.8% of the
Class B Common Stock of the Issuer, representing approximately 2.7% of
the Issuer's outstanding classes of Common Stock and 4.4% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 8 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arvig Cellular, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 170,348
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 70,243 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
-----------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 2.2% of the Class A Common Stock and 5.8% of the
Class B Common Stock of the Issuer, representing approximately 2.7% of
the Issuer's outstanding classes of Common Stock and 4.4% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 9 of 17 Pages
--------- ----- ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arvig Telephone Company
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 2,000
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share).
REPORTING -----------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 0.025% of the Class A Common Stock of the Issuer,
representing approximately 0.022% of the Issuer's outstanding classes
of Common Stock and 0.010% of the Issuer's voting power.1
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 10 of 17 Pages
--------- ------ ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Minnesota Invco of RSA #5, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 339,705
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 31,177 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
-----------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 4.4% of the Class A Common Stock and 2.6% of the
Class B Common Stock of the Issuer, representing approximately 4.1% of
the Issuer's outstanding classes of Common Stock and 3.3% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Issuer: Rural Cellular Corporation
CUSIP No. 781904107 13G Page 11 of 17 Pages
--------- ------ ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mid-State Telephone Company
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF Not Applicable
SHARES -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER - 74,746
OWNED BY shares of Class A Common Stock
EACH (which have one vote per share)
REPORTING and 31,177 shares of Class B
PERSON Common Stock (which have ten
WITH votes per share).
-----------------------------------------
7 SOLE DISPOSITIVE POWER
Not Applicable
-----------------------------------------
8 SHARED DISPOSITIVE POWER
Same as 6
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Same as 6
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) - Reporting person
beneficially owns 1.0% of the Class A Common Stock and 2.6% of the
Class B Common Stock of the Issuer, representing approximately 1.2% of
the Issuer's outstanding classes of Common Stock and 2.0% of the
Issuer's voting power.1 Class B Common Stock is convertible to Class A
Common Stock on a share-for-share basis.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- --------
1 Based on 7,777,964 shares of Class A Common Stock and 1,203,358
shares of Class B Common Stock issued and outstanding on October 30,
1998 as reported by Rural Cellular Corporation on its Form 10-Q filed
with the Securities and Exchange Commission on November 12, 1998.
<PAGE>
Schedule 13G
Issuer: Rural Cellular Corporation
Page 12 of 17
Item 1. (a) Name of Issuer:
---------------------
Rural Cellular Corporation
(b) Address of Issuers's Principal Executive Offices:
-----------------------------------------------------
P. O. Box 2000
3905 Dakota Street SW
Alexandria, Minnesota 56308
Item 2. (a) Name of Person Filing:
-----------------------
The Trustees of the Voting Trust under Agreement
dated June 30, 1989 ("The Voting Trust")1, Telephone
and Data Systems, Inc. ("TDS"), United States
Cellular Corporation ("USCC"), United States Cellular
Investment Company ("USCIC"), TDS Telecommunications
Corporation ("TDS Telecom"), Minnesota Invco of RSA
#5, Inc. ("Minnesota 5"), Mid-State Telephone Company
("Mid-State"), Arvig Telcom, Inc. ("Arvig Telcom"),
Arvig Telephone Company ("Arvig Telephone"), and
Arvig Cellular, Inc. ("Arvig Cellular"), are filing
this Amendment No. 1 to Schedule 13G concerning their
direct and indirect beneficial ownership of the Class
A Common Stock and Class B Common Stock of the
Issuer.
(b) Address of Principal Business Office or, if None,
-----------------------------------------------------
Residence:
------------
c/o Telephone and Data Systems, Inc.
30 North LaSalle Street
Suite 4000
Chicago, Illinois 60602
(c) Citizenship:
---------------
See cover page, Item 4.
(d) Title of Class of Securities:
---------------------------------
Class A Common Stock, $0.01 par value2
(e) CUSIP Number:
---------------
781904107
Item 3. (a)-(j) If this statement is filed pursuant to Rule
13d-1(c), check this box. |X|
Item 4. Ownership
---------
(a) Amount Beneficially Owned as of December 31, 1998:
-----------------------------------------------------
The Voting Trust.
----------------
The Trustees of the Voting Trust pursuant to Agreement dated
June 30, 1989, as amended, are LeRoy T. Carlson, Jr., Walter
C. D. Carlson, Letitia G. C. Carlson, Donald C. Nebergall and
Melanie J. Heald. The Voting Trust is the direct beneficial
owner of TDS Series A Common Shares.
- --------
1 The Trustees of the Voting Trust pursuant to Agreement dated June 30, 1989, as
amended (hereby incorporated by reference to Exhibit 9.1 in the Annual Report on
Form 10-K for the year ended December 31, 1995 of Telephone and Data Systems,
Inc.): LeRoy T. Carlson, Jr., Walter C. D. Carlson, Letitia G. C. Carlson,
Donald C. Nebergall and Melanie J. Heald.
2 In addition, this filing reports ownership of the Class B Common Stock, par
value $0.01 per share, of the Issuer, which is convertible at the option of the
holder into Class A Common Stock on a share-for-share basis.
<PAGE>
Schedule 13G
Issuer: Rural Cellular Corporation
Page 13 of 17
TDS.
---
The Voting Trust holds and the trustees vote 6,351,116 Series
A Common Shares of TDS, representing approximately 51% of the
outstanding voting power of all shares of capital stock of TDS
Series A Common Shares and TDS Common Shares. By reason of
such ownership, The Voting Trust controls the election of a
majority of the directors of TDS and a majority of the voting
power on all other matters subject to a vote of the
shareholders of TDS. TDS shares voting power with respect to
586,799 shares of Class A Common Stock and 132,597 shares of
Class B Common Stock.
USCC.
----
TDS is the direct beneficial owner of an aggregate of
70,788,703 Common Shares of USCC, which represents
approximately 95.68% of the voting power of USCC. This
includes 37,782,826 Common Shares with one vote per share and
33,005,877 Series A Common Shares which have ten votes per
share on all matters and are convertible on share-for-basis
into Common Shares of USCC. Therefore, The Voting Trust and
TDS control the election of a majority of the directors of
USCC and a majority of the voting power on all other matters
subject to a vote of the shareholders of USCC. USCC shares
voting and investment power with respect to 339,705 shares of
Class A Common Stock and 31,177 shares of Class B Common
Stock.
USCIC.
-----
USCC is the direct beneficial owner of 100% of the issued and
outstanding capital stock of USCIC. Therefore, The Voting
Trust, TDS and USCC control USCIC. USCIC shares voting and
investment power with respect to 339,705 shares of Class A
Common Stock and 31,177 shares of Class B Common Stock.
Minnesota 5.
-----------
USCIC is the direct beneficial owner of 100% of the issued and
outstanding capital stock of Minnesota 5. Therefore, The
Voting Trust, TDS, USCC and USCIC control Minnesota 5.
Minnesota 5 shares voting and investment power with respect to
339,705 shares of Class A Common Stock and 31,177 shares of
Class B Common Stock.
TDS Telecom.
-----------
TDS is the direct beneficial owner of 100% of the issued and
outstanding capital stock of TDS Telecom. Therefore, The
Voting Trust and TDS control TDS Telecom. TDS Telecom shares
voting and investment power with respect to 247,094 shares of
Class A Common Stock and 101,420 shares of Class B Common
Stock.
Arvig Telcom.
------------
TDS Telecom is the direct beneficial owner of 100% of the
issued and outstanding capital stock of Arvig Telcom.
Therefore, The Voting Trust, TDS and TDS Telecom control Arvig
Telcom. Arvig Telcom shares voting and investment power with
respect to 172,348 shares of Class A Common Stock and 70,243
shares of Class B Common Stock.
Arvig Telephone.
---------------
Arvig Telcom is the direct beneficial owner of 100% of the
issued and outstanding capital stock of Arvig Telephone.
Therefore, The Voting Trust, TDS, TDS Telecom and Arvig Telcom
control Arvig Telephone. Arvig Telephone shares voting and
investment power with respect to 2,000 shares of Class A
Common Stock.
Arvig Cellular.
--------------
Arvig Telcom is the direct beneficial owner of 100% of the
issued and outstanding capital stock of Arvig Cellular.
Therefore, The Voting Trust, TDS, TDS Telecom and Arvig Telcom
control Arvig Cellular. Arvig Cellular shares voting and
investment power with respect to 170,348 shares of Class A
Common Stock and 70,243 shares of Class B Common Stock.
<PAGE>
Schedule 13G
Issuer: Rural Cellular Corporation
Page 14 of 17
(b) Percent of Class:
----------------
Class A Class B
TDS Subsidiary Common Stock Common Stock* Total
-------------- ------------ ------------ -----
Arvig Cellular, Inc. 2.1901% 5.8370% 2.6787%
Mid-State Telephone Company 0.9609% 2.6000% 1.1793%
Minnesota Invco of RSA #5, Inc. 4.3675% 2.6000% 4.1294%
ArvigTelephone Company 0.0257% N/A 0.0222%
------ ------- ------
Total: 7.5442% 11.0370% 8.0096%
====== ======= ======
* Class B Common Stock is convertible on a share-for-share basis
to Class A Common Stock.
(c) Number of shares as to which such person has:
--------------------------------------------
(i) Sole power to vote or to direct the vote:
Not Applicable
(ii) Shared power to vote or to direct the vote:
Class A Class B
TDS Subsidiary Common Stock Common Stock* Total
-------------- ------------ ----------- -----
Arvig Cellular, Inc. 170,348 70,243 240,591
Mid-State Telephone Company 74,746 31,177 105,923
Minnesota Invco of RSA #5, Inc. 339,705 31,177 370,882
Arvig Telephone Company 2,000 -0- 2,000
------- ------- -------
Total: 586,799 132,597 719,396
======= ======= =======
* Class B Common Stock is convertible on a share-for-share basis
to Class A Common Stock.
(iii) Sole power to dispose or to direct the
disposition of:
Not Applicable
<PAGE>
Schedule 13G
Issuer: Rural Cellular Corporation
Page 15 of 17
(iv) Shared power to dispose or to direct the
disposition of:
Class A Class B
TDS Subsidiary Common Stock Common Stock* Total
-------------- ------------ ------------ -----
Arvig Cellular, Inc. 170,348 70,243 240,591
Arvig Telephone Company 2,000 0 2,000
Mid-State Telephone Company 74,746 31,177 105,923
Minnesota Invco of RSA #5, Inc. 339,705 31,177 370,882
------- ------- -------
Total: 586,799 132,597 719,396
======= ======= =======
* Class B Common Stock is convertible on a share-for-share basis
to Class A Common Stock.
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 Holding
Company.
--------------------------------------------------------------
Not Applicable
Item 8. Identification and Classification of Members of the Group.
---------------------------------------------------------
(i) Identification:
The Trustees of the Voting Trust pursuant to
Agreement dated June 30, 1989, as amended
Telephone and Data Systems, Inc.
United States Cellular Corporation
United States Cellular Investment Company
TDS Telecommunications Corporation
Arvig Telcom, Inc.
Arvig Cellular, Inc.
Arvig Telephone Company
Mid-State Telephone Company
Minnesota Invco of RSA #5, Inc.
(ii) Classification:
None of the members of the group is a person
identified under Item 3 of Schedule 13G. This
statement is being filed pursuant to Rule 13d-1(c).
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 not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
<PAGE>
Schedule 13G
Issuer: Rural Cellular Corporation
Page 16 of 17
JOINT FILING AGREEMENT
The undersigned hereby agree and consent, pursuant to Rule
13d-1(f)(1), to the joint filing of all Schedules 13D and/or Schedules 13G
(including any amendments thereto) on behalf of such parties with respect to the
Issuer.
SIGNATURES
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.
Date: February 10, 1999 TRUSTEES OF THE VOTING TRUST UNDER AGREEMENT
DATED JUNE 30, 1989
/s/ Walter C. D. Carlson*
---------------------------------------------
Walter C. D. Carlson
/s/ Letitia G. C. Carlson*
--------------------------------------------
Letitia G. C. Carlson
/s/ Donald C. Nebergall*
--------------------------------------------
Donald C. Nebergall
/s/ Melanie J. Heald*
--------------------------------------------
Melanie J. Heald
*By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr.
Trustee and as Attorney-in-Fact for above
Trustees*
*Pursuant to Joint Filing Agreement and
Power of Attorney which has been separately
filed with the Securities and Exchange
Commission and is incorporated by reference
herein.
TELEPHONE AND DATA SYSTEMS, INC.
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr. President
Signature Page 1 of 2 to Amendment No. 1 to Schedule 13G
relating to the indirect beneficial ownership of Rural Cellular Corporation
by Telephone and Data Systems, Inc.
<PAGE>
Schedule 13G
Issuer: Rural Cellular Corporation
Page 17 of 17
UNITED STATES CELLULAR CORPORATION
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr. Chairman
UNITED STATES CELLULAR INVESTMENT COMPANY
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr. Chairman
TDS TELECOMMUNICATIONS CORPORATION
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr. Chairman
ARVIG TELCOM, INC.
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr.
Authorized Representative
ARVIG CELLULAR, INC.
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr.
Authorized Representative
ARVIG TELEPHONE COMPANY.
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr.
Authorized Representative
MID-STATE TELEPHONE COMPANY
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr.
Authorized Representative
MINNESOTA INVCO OF RSA #5, INC.
By: /s/ LeRoy T. Carlson, Jr.
--------------------------------------------
LeRoy T. Carlson, Jr.
Authorized Representative
Signature Page 2 of 2 to Amendment No. 1 to Schedule 13G
relating to the indirect beneficial ownership of Rural Cellular Corporation
by Telephone and Data Systems, Inc.
