SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 29, 2000
Centennial Communications Corp.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-19603 06-1242753
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
1305 Campus Parkway
Neptune, New Jersey 07753
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (732) 919-1000
Centennial Cellular Corp.
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events
In a press release issued February 29, 2000, the Company announced that it was
changing its name from Centennial Cellular Corp. to Centennial Communications
Corp. effective at the start of trading on Tuesday February 29, 2000. A copy of
the press release issued by Centennial is attached hereto as Exhibit 99.1 and is
incorporated by reference herein in its entirety.
Item 7. Financial Statements and Exhibits
(c)Exhibits.
99.1 Press release issued by Centennial on February 29, 2000
2
<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 hereunto duly authorized.
CENTENNIAL COMMUNICATIONS CORP.
By: /s/ Peter W. Chehayl
Name: Peter W. Chehayl
Title:Senior Vice President, Treasurer and Chief Financial Officer
Date: February 29, 2000
3
<PAGE>
EXHIBIT INDEX
Exhibit
No. Description
99.1 Press release issued by Centennial on February 29, 2000
4
Exhibit 99.1
[GRAPHIC OMITTED][GRAPHIC OMITTED]
For further information, please contact:
Peter W. Chehayl
Senior Vice President, CFO
Centennial Cellular Corp.
1305 Campus Parkway
Neptune, NJ 07753
(732) 919-1000 ext. 379
CENTENNIAL CELLULAR CORP. CHANGES NAME
TO CENTENNIAL COMMUNICATIONS CORP.
Neptune, New Jersey - February 29, 2000 (NASDAQ: CYCL) Centennial Cellular Corp.
today announced that it has changed its name to Centennial Communications Corp.
The name change will become effective at the start of trading on Tuesday
February 29, 2000. The company's NASDAQ ticker symbol will remain as CYCL and
its CUSIP number will remain as 15133V208.
"The name change is designed to better reflect the integrated communications
services offered by the company," said Michael J. Small, president and chief
executive officer of Centennial. "In addition to domestic cellular licenses
covering 5.9 million Net Pops, Centennial provides PCS wireless, long distance,
Internet, competitive local exchange and wireless local loop services in Puerto
Rico. With our recent agreement to acquire the cable television system assets in
Puerto Rico of Pegasus Communications, our service offerings stretch well beyond
providing only cellular phone service," said Small.
Centennial is one of the largest independent wireless telecommunications service
providers in the United States, Puerto Rico and the Dominican Republic with
approximately 17.2 million Net Pops. Centennial's domestic Rural Cellular
operation has 5.9 million Net Pops and serves over 363,000 customers. Centennial
de Puerto Rico is a fully integrated provider of communications services in
Puerto Rico, utilizing a PCS license that covers 3.8 million Pops in Puerto Rico
and the U.S. Virgin Islands and a Competitive Local Exchange Carrier license to
operate in Puerto Rico. In addition, the Company now owns 70% of a PCS license
in the Dominican Republic representing approximately 6.2 million Net Pops, and
holds minority shares representing approximately 1.2 million Net Pops in U.S.
cellular operations controlled and managed by other operators.
<PAGE>
Welsh, Carson, Anderson & Stowe (WCAS) and an affiliate of The Blackstone Group
are controlling shareholders of Centennial. WCAS is a private investment firm
based in New York and founded in 1979. WCAS currently manages over $8 billion in
private equity capital and focuses primarily on the information services and
healthcare industries. The Blackstone Group is a New York based private
investment bank whose current corporate investment vehicle, Blackstone Capital
Partners III Merchant Banking Fund, LP, has approximately $3.8 billion in
committed capital.
