CELLULAR COMMUNICATIONS INTERNATIONAL INC
8-K, 1999-02-04
RADIOTELEPHONE COMMUNICATIONS
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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 (DATE OF EARLIEST EVENT REPORTED) FEBRUARY 2, 1999
                                                 ----------------


                  CELLULAR COMMUNICATIONS INTERNATIONAL, INC.
- --------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


   Delaware                     0-19363                           13-3221852
- --------------------------------------------------------------------------------
(State or Other               (Commission                       (IRS Employer
Jurisdiction of               File Number)                   Identification No.)
Incorporation)


110 East 59th Street, New York, New York                              10022
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                            (Zip Code)

Registrant's Telephone Number, including area code (212) 906-8480
                                                   --------------

 
- --------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


<PAGE>


Item 5.   Other Events.
- ------    ------------

     On February 2, 1999, Cellular Communications  International,  Inc. ("CCIL")
announced that it had closed its tender offer and consent  solicitation  for its
Euro 235,000,000 9-1/2% Senior Discount Notes Due 2005. The tender offer expired
at 5:00 p.m.,  New York City time, on February 2, 1999.  All of the  outstanding
Notes were tendered for payment.

     The total  purchase  price per Euro 1,000  principal  amount at maturity of
tendered  Notes will be Euro 855.00.  The total purchase price was calculated on
January  29,  1999  pursuant  to and in the  manner  set  forth in the  Offer to
Purchase and Consent  Solicitation  Statement  dated December 18, 1998 . Of such
total  purchase  price,  an amount  equal to Euro  15.00  constituted  a consent
payment per Euro 1,000 principal amount at maturity of Notes.

     The  announcement  also  described  that the  tender  offer  by  Kensington
Acquisition  Sub, Inc., a wholly owned  subsidiary of Mannesmann AG and Olivetti
S.p.A., to acquire a majority of the outstanding  shares of common stock of CCIL
has been closed with  Kensington  Acquisition  Sub,  Inc.  acquiring  12,079,305
shares  of  CCIL's  common  stock,  representing   approximately  68.6%  of  the
outstanding shares of CCIL (or 55.4% of the shares on a fully diluted basis).

     A copy of the press release  issued by the Company  announcing the above is
attached hereto as an exhibit and incorporated herein by reference.


Item 7.   Financial Statements and Exhibits.
- ------    ---------------------------------

          Exhibits

          99     Press Release issued February 2, 1999

 

<PAGE>



                                   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.



                                    CELLULAR COMMUNICATIONS INTERNATIONAL, INC.
                                                  (Registrant)


                                    By: \s\ Richard J. Lubasch             
                                    ------------------------------------------
                                    Name:  Richard J. Lubasch
                                    Title: Senior Vice President, Treasurer,
                                             Secretary and General Counsel


Dated: February 3, 1999



<PAGE>

                                  EXHIBIT INDEX



Exhibit                                                                 Page


   99     Press Release issued February 2, 1999



                                                                      EXHIBIT 99



                 CELLULAR COMMUNICATIONS INTERNATIONAL ANNOUNCES
            SUCCESSFUL CLOSE OF TENDER OFFER AND CONSENT SOLICITATION
             RELATING TO ITS EURO 235,000,000 9-1/2% SENIOR DISCOUNT
                                 NOTES DUE 2005
                     ISIN NOS. X30087309976 AND XS0085495082

                               ------------------

NEW YORK, NEW YORK, FEBRUARY 2, 1999 -- Cellular  Communications  International,
Inc. (NASDAQ:  CCIL) announced today that it has closed its previously announced
tender offer and consent  solicitation  for its Euro  235,000,000  9-1/2% Senior
Discount  Notes Due 2005.  The tender offer expired at 5:00 p.m.,  New York City
time,  on February  2, 1999.  All of the  outstanding  Notes were  tendered  for
payment.

The total purchase price per Euro 1,000 principal amount at maturity of tendered
Notes will be Euro 855.00.  The total  purchase  price was calculated on January
29, 1999  pursuant  to and in the manner set forth in the Offer to Purchase  and
Consent Solicitation  Statement dated December 18, 1998 . Of such total purchase
price, an amount equal to Euro 15.00 shall constitute a consent payment per Euro
1,000 principal amount at maturity of Notes.

The tender offer by Kensington  Acquisition Sub, Inc., a wholly owned subsidiary
of Mannesmann AG and Olivetti  S.p.A.,  to acquire a majority of the outstanding
shares of common stock of CCIL has been closed with Kensington  Acquisition Sub,
Inc.   acquiring   12,079,305  shares  of  CCIL's  common  stock,   representing
approximately 68.6% of the outstanding shares of CCIL (or 55.4% of the shares on
a fully diluted basis).

Goldman Sachs International and Lehman Brothers acted as Dealer Managers for the
tender  offer.  The  Information  Agent  is  MacKenzie  Partners,  Inc.  and the
Depositary is The Chase Manhattan Bank.

This press  release is neither an offer to  purchase  nor a  solicitation  of an
offer to sell the Notes.  The tender  offer is made only by an Offer to Purchase
and Consent  Solicitation  Statement  dated  December  18,  1998.  Persons  with
questions  regarding the tender offer should  contact the  Information  Agent at
800-322-2885 or Goldman Sachs at 877-686-5059.

CONTACT:  MacKenzie Partners, Inc., Jeanne Carr (212) 929-5916



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