UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
POWERTEL, INC.
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
458 44L 108
(CUSIP Number)
April 30, 1998
(Date of Event Which Requires Filing
of this Statement)
Joseph L. Hagan
Ericsson Inc.
740 East Campbell Road
Richardson, Texas 75081
Telephone: (972) 583-0000
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and
Communications)
Copy to:
Spencer D. Klein, Esq.
Shearman & Sterling
599 Lexington Avenue
New York, New York 10022
Telephone: (212) 848-4000
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)
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<PAGE>
CUSIP No. 458 44L 108
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Telefonaktiebolaget LM Ericsson
(2) Check the Appropriate Box if a Member of Group (See Instructions)
|_| (a)
|_| (b)
(3) SEC Use Only
(4) Citizenship or Place of Organization Kingdom of Sweden
Number of (5) Sole Voting Power 4,545,450
Shares -----------
Beneficially (6) Shared Voting Power 0
Owned by ----
Each (7) Sole Dispositive Power 4,545,450
Reporting -----------
Person (8) Shared Dispositive Power 0
With ----
----
(9) Aggregate Amount Beneficially Owned by Each Reporting Person 4,545,450
-----------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
(11) Percent of Class Represented by Amount in Row (9)
14.4%
--------
(12) Type of Reporting Person (See Instructions) CO
------
<PAGE>
CUSIP No. 458 44L 108
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Ericsson Inc.
(2) Check the Appropriate Box if a Member of Group (See Instructions)
|_| (a)
|_| (b)
(3) SEC Use Only
(4) Citizenship or Place of Organization Kingdom of Sweden
Number of (5) Sole Voting Power 3,030,315.152
Shares --------------
Beneficially (6) Shared Voting Power 0
Owned by ----
Each (7) Sole Dispositive Power 3,030,315.152
Reporting --------------
Person (8) Shared Dispositive Power 0
With ----
----
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,030,315.152
--------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
(11) Percent of Class Represented by Amount in Row (9)
9.6%
------
(12) Type of Reporting Person (See Instructions) CO
--
<PAGE>
CUSIP No. 458 44L 108
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Ericsson Investments Limited
(2) Check the Appropriate Box if a Member of Group (See Instructions)
|_| (a)
|_| (b)
(3) SEC Use Only
(4) Citizenship or Place of Organization England
Number of (5) Sole Voting Power 1,515,134.848
Shares ---------------
Beneficially (6) Shared Voting Power 0
Owned by ----
Each (7) Sole Dispositive Power 1,515,134.848
Reporting ----------------
Person (8) Shared Dispositive Power 0
With ---
----
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,515,134.848
--------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
(11) Percent of Class Represented by Amount in Row (9)
4.8%
-----
(12) Type of Reporting Person (See Instructions) CO
----
<PAGE>
Item 1. Issuer
(a) Powertel, Inc.
(b) 1233 O.G. Skinner Drive
West Point, Georgia 31833
Item 2. Person Filing
(a) Name of Person Filing: Telefonaktiebolaget LM
Ericsson, a company organized under the laws of the
Kingdom of Sweden ("LM Ericsson"), Ericsson Inc., a
Delaware corporation and an indirect wholly owned
subsidiary of LM Ericsson ("Ericsson Inc."), and
Ericsson Investments Limited, a company organized
under the laws of England and an indirect wholly
owned subsidiary of LM Ericsson ("EIL").
(b) Address of Principal Business Office: The principal
business office of LM Ericsson is Telefonvagen 30
SE-126 25, Stockholm, Sweden. The principal business
office of Ericsson Inc. is 740 East Campbell Road,
Richardson, Texas 75081. The principal business
office of EIL is Telecommunications Centre, Ericsson
Way, Burgess Hill, West Sussex RH15 9UB, England.
(c) Citizenship: LM Ericsson is a company organized under
the laws of the Kingdom of Sweden. Ericsson Inc. is a
Delaware corporation. EIL is a company organized
under the laws of England.
(d) Title of Class of Securities: Common Stock, par value
$.01 per share.
(e) CUSIP Number: 458 44L 108.
Item 3. This statement is filed pursuant to Section 240.13d-1(c).
Item 4. Ownership
(a) Amount Beneficially Owned: 4,545,450 shares of Common
Stock. Ericsson Inc. and EIL own 66,667 and 33,333
shares of Series A Convertible Preferred Stock, par
value $.01 per share, of the Issuer, respectively, or
100,000 shares in the aggregate, each of which is
convertible at the option of the holder at any time
after June 28, 1998 into 45.4545 shares of Common
Stock.
(b) Percent of Class: 14.4%
(c) Number of shares as to which the person has:
(i) Sole Voting Power: 4,545,450
(ii) Shared Voting Power: 0
(iii) Sole Dispositive Power: 4,545,450
(iv) Shared Dispositive Power: 0
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
<PAGE>
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
Not Applicable.
Item 9. Notice of Dissolution of Group
Not Applicable.
Item 10. Certifications
(a) Not Applicable.
(b) 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>
SIGNATURES
After reasonable inquiry to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: May 7, 1998
TELEFONAKTIEBOLAGET LM ERICSSON
By /s/ Erling Blomme
----------------------------------
Name: Erling Blomme
Title: SVP Legal Affairs
By /s/ Johan Fant
----------------------------------
Name: Johan Fant
Title: SVP Finance Control
ERICSSON INC.
By /s/ David A. Hampel
----------------------------------
Name: David A. Hampel
Title: Assistant Secretary
ERICSSON INVESTMENTS LIMITED
By /s/ M.R. Elkerton
----------------------------------
Name: M.R. Elkerton
Title: Company Secretary
