| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Choice One Communications, Inc. |
| 100 Chestnut Street, Rochester, NY 14604 * (716) 246-4231 |
| Business Description | The company is an integrated communications provider offering broadband data and voice telecommunications services primarily to small and medium sized businesses in second and third tier markets in the northeastern United States. |
| Offering Information Company has | |||
| Trading As | CWON (NASNTL) | Industry | Telecommunications (SIC 4813) |
| Type of Stock Offered | Common Shares | Filing Date | 11/19/99 |
| Domestic Shares Offered | 7,145,000 | Offer Date | 2/16/00 |
| Foreign Shares Offered | 0 | Filing Range | $18.00 - $20.00 |
| Company Shares | 7,145,000 | Offer Price | $20.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.400 |
| Gross Proceeds | $142,900,000 | Selling | $0.900 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 29,000,000 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Morgan Stanley Dean Witter | Lead Manager | (212) 761-5900 |
| CIBC World Markets | Co-manager | (212) 667-7400 |
| First Union Capital Markets Corp. | Co-manager | (804) 649-2311 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| Warburg Dillon Read LLC | Co-manager | (203) 719-3000 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 9 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/98 | 9/30/99 | |||||
| Revenues | - | - | - | - | - | - | 0.947 |
| Income from Oper. | - | - | - | - | -4.807 | - | -18.825 |
| Net Income | - | - | - | - | -4.785 | - | -19.657 |
| E.P.S | - | - | - | - | - | - | - |
| Revenue Growth (%) | - | - | - | - | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | 6.59 | - | -16.74 | ||||
| Cash Flow - Inv. | -21.15 | - | -33.04 | ||||
| Cash Flow - Fin. | 16.05 | - | 48.30 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 9/30/99 | Financial Ratios | ||||
| Total Assets | 54.18 | Current Assets | 1.18 | Current Ratio | 0.11 |
| Total Liab. | 15.76 | Current Liab. | 10.76 | Debt Ratio | 29.09% |
| Total Equity | 38.42 | Working Cap. | -9.58 | Debt to Equity Ratio | 0.41 |
| Cash | 0.00 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for capital expenditures, repayment of indebtedness, and general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Bank's Law Firm | Davis, Polk & Wardwell |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Principal Shareholders | ||
| Name of Shareholder | % Owned Before | % Owned After |
| Waller-Sutton Media Partners, L.P. | ||
| MSDWCP Entities | ||
| Fleet Entities | ||
| Note: represents ownership of 5% or more prior to the offering. | ||