| Microcell Telecommunications, Inc. | |||
| Ticker: | MICTF | ||
| Exchange: | NASDAQ-National Market | Montreal, CANAD | |
| Industry: | Service (SIC Code 4813) | ||
| Type of Shares: | Class B Common Shares | Filing Date: | 8/8/97 | |
| U.S. Shares: | 14,678,000 | Offer Date: | 10/7/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.78 - $10.75 | |
| Primary Shares: | 14,678,000 | Offer Price: | $10.93 | |
| Secondary Shares: | 0 | Gross Spread: | $0.55 | |
| Offering Amount: | $143,330,661 | Selling: | $0.33 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Nesbitt Thompson Securities | Co-manager | (416) 586-3600 |
| Business Description |
| The company provides personal communications services (PCS) in Canada. The company launched its PCS in the greater Montreal area in November 1996 and has since expanded to six other metropolitan areas with about 15,000 subscribers. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the operation and expansion of its network, as well as for working capital. |