| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Time Warner Telecom, Inc. |
| 5700 S. Quebec Street, Greenwood Village, CO 80111 * (303) 566-1000 |
| The company is a leading facilities based competitive local exchange carrier in selected metropolitan markets across the United States, offering a wide range of business telephony services, primarily to medium and large sized business customers and others |
| Manager | Tier | Phone |
| Morgan Stanley Dean Witter Discover & Co. | Lead Manager | (212) 761-5900 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| Employees: | 710 | Service: | SIC 4813 | |
| Type of Shares: | Class A Common Shares | Filing Date: | 4/3/98 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $175,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Spin out parent firm: | Time Warner Inc. | |||
| Issuer's Law Firm: | Cravath, Swaine & Moore |
| Bank's Law Firm: | Shearman & Sterling |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $55.40 | Assets: | $438.08 | ||
| Net Income: | -$68.77 | Curr Assets: | $10.07 | ||
| EPS: | Liabilities: | $166.02 | |||
| Prior EPS: | Curr Liab: | $166.02 | |||
| Cash Flow/Oper: | -$26.97 | Equity: | $272.05 | ||
| Cash Flow/Fin: | $147.59 | Cash: | |||
| Cash Flow/Inv: | -$120.62 | Working Cap: | -$155.95 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness to parent company, expand and develop existing and new networks, for general corporate purposes which may include acquisitions of other telecommunications service providers. |