| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| IPCS, Inc. |
| 121 West First Street, Suite 200, Geneseo, IL 61254 * (309) 945-1650 |
| Business Description | The company is of the largest of the 18 Sprint PCS affiliates, with the exclusive right to provide Sprint PCS products and services to a total population of more than 7.0 million in the Midwestern United States. |
|
Filing Information Not yet | |||
| To Trade As | IPCS (NASNTL) | Industry | Telecommunications (SIC 4812) |
| Type of Stock Offered | Common Shares | Filing Date | 3/9/00 |
| Domestic Shares Filed | 8,333,333 | Filing Range | $11.00 - $13.00 |
| Foreign Shares Filed | 0 | Offering Amount | $99,999,996 |
| Company Shares | 8,333,333 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 371-0641 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| DLJDirect, Inc. | Co-manager | (800) 825-5723 |
| Robinson-Humphrey Company, Inc., The | Co-manager | (404) 266-6450 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 11 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/99 | ||||||
| Revenues | - | - | - | - | - | - | 0.215 |
| Income from Oper. | - | - | - | - | - | - | -4.643 |
| Net Income | - | - | - | - | - | - | -4.380 |
| E.P.S | - | - | - | - | - | - | - |
| Revenue Growth (%) | - | - | - | - | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | - | - | -3.93 | ||||
| Cash Flow - Inv. | - | - | -32.83 | ||||
| Cash Flow - Fin. | - | - | 39.49 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/99 | Financial Ratios | ||||
| Total Assets | 44.84 | Current Assets | 4.22 | Current Ratio | 0.65 |
| Total Liab. | 35.72 | Current Liab. | 6.50 | Debt Ratio | 79.66% |
| Total Equity | 9.12 | Working Cap. | -2.27 | Debt to Equity Ratio | 3.92 |
| Cash | 2.73 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to fund capital expenditures, including the build-out of our network and the purchase of network assets under construction in three markets in Michigan from sprint PCS in connection with the recent expansion of our territory; operating losses and working capital requirements and for general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Mayer, Brown & Platt |
| Bank's Law Firm | Skadden, Arps, Slate, Meagher & Flom |
| Auditor | Deloitte & Touche |
| 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 |
| Geneseo Communications, Inc. | 34.50 | |
| Cambridge Telcom, Inc. | 29.60 | |
| Technology Group, LLC | 9.90 | |
| Respond Communications, Inc. | 9.90 | |
| Montrose Mutual PCS, Inc. | 9.90 | |
| Cass Communications Management, Inc. | 9.90 | |
| Note: represents ownership of 5% or more prior to the offering. | ||