IPO Company Profile © ipodata.com
Message Board  |   SEC Filings  |   Peer IPO Companies
VeloCom, Inc.
6400 South Fiddlers Green Circle, Suite 710, Englewood, CO 80111 * (303) 874-1371
Business Description VeloCom, Inc. is a rapidly growing facilities-based provider of integrated cmmunications services to businesses and residential customers.
Filing
Information

IPO has been
withdrawn

To Trade As  VELO (NASNTL) Industry  Telecommunications (SIC 4813)
Type of Stock Offered Common Shares Filing Date  5/12/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $300,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Morgan Stanley Dean Witter Lead Manager (212) 761-5900
CS First Boston Co-manager (212) 325-2000
Merrill Lynch & Co. Co-manager (212) 449-4600
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data       12/31/98 12/31/99    
Revenues   - - - 0.914 8.657 - -
Income from Oper.   - - - -0.914 -8.657 - -
Net Income   - - - -0.844 -31.374 - -
E.P.S   - - - -0.340 -5.690 - -
Revenue Growth (%)      - - - 847.155   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -7.60 - -
Cash Flow - Inv.     -95.68 - -
Cash Flow - Fin.     125.94 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    157.54 Current Assets    36.39 Current Ratio    2.87
Total Liab.    162.50 Current Liab.    12.67 Debt Ratio    103.15%
Total Equity    -4.96 Working Cap.    23.72 Debt to Equity Ratio    -
Cash    25.00    Return on Assets   -
Use Of
Proceeds
We intend to use the net proceeds will be used to make capital contributions to certain of our subsidiaries to fund the build-out of our networkds, including associated operating losses, and for general corporate purposes, including to fund certain development activities such as the auctions for PCS and LMDS spectrum in Brazil and to puruse certain strategic acquisitions of broadband wireless, cable and fiver providers in Latin America.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Cleary, Gottlieb, Steen & Hamilton
Bank's Law Firm  Shearman & Sterling
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
SLI Wireless S.A. 19.80  
Telecom Partners II, L.P. and affiliates 15.30  
Formus Communications--Latin America Holdings, LLC 14.10  
Crescendo World Fund, L.L.C. 9.10  
Centennial Fund V, L.P. 7.60  
El Paso Energy Communications Company 6.80  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 11/5/00 4:49:37 PM
© 1999 IPO Data Systems, Inc. - All rights reserved.