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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
CUSIP No. 653333F 10 7 | Page 2 of 18 | |||||
1. | Name of Reporting Person: Sprint Nextel Corporation |
I.R.S. Identification Nos. of above persons (entities
only): |
||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): | |||||
(a) | o | |||||
(b) | þ | |||||
3. | SEC Use Only: | |||||
4. | Source of Funds (See Instructions): Not Applicable |
|||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): o | |||||
6. | Citizenship or Place of Organization: Kansas |
|||||
Number
of Shares Beneficially Owned by Each Reporting Person With | ||||||
7. | Sole Voting Power: 84,632,604 (see Item 5) | |||||
8. | Shared Voting Power: 0 (see Item 5) | |||||
9. | Sole Dispositive
Power: 84,632,604 (see Item 5) | |||||
10. | Shared Dispositive
Power: 0 (see Item 5) | |||||
11. | Aggregate Amount Beneficially
Owned by Each Reporting Person: 84,632,604 (see Item 5) |
|||||
12. | Check if the Aggregate Amount in
Row (11) Excludes Certain Shares (See Instructions): o |
|||||
13. | Percent of Class Represented by
Amount in Row (11): 100% of the Class B Common Stock (see Item 2 and Item 5) | |||||
14. | Type of Reporting Person (See
Instructions): CO | |||||
CUSIP No. 65333F 10 7 | Page 3 of 18 | |||||
1. | Name of Reporting Person: Nextel Communications, Inc. (see Item 2) |
I.R.S. Identification Nos. of above persons (entities
only): |
||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions): | |||||
(a) | o | |||||
(b) | þ | |||||
3. | SEC Use Only: | |||||
4. | Source of Funds (See Instructions): Not Applicable |
|||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): o | |||||
6. | Citizenship or Place of Organization: Delaware |
|||||
Number
of Shares Beneficially Owned by Each Reporting Person With | ||||||
7. | Sole Voting Power: 84,632,604 (see Item 5) | |||||
8. | Shared Voting Power: 0 (see Item 5) | |||||
9. | Sole Dispositive
Power: 84,632,604 (see Item 5) | |||||
10. | Shared Dispositive
Power: 0 (see Item 5) | |||||
11. | Aggregate Amount Beneficially
Owned by Each Reporting Person: 84,632,604 (see Item 5) |
|||||
12. | Check if the Aggregate Amount in
Row (11) Excludes Certain Shares (See Instructions): o |
|||||
13. | Percent of Class Represented by
Amount in Row (11): 100% of the Class B Common Stock (see Item 2 and Item 5) | |||||
14. | Type of Reporting Person (See
Instructions): CO | |||||
CUSIP No. 65333F 10 7 | Schedule 13D | Page 4 of 18 Pages |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 5 of 18 Pages |
1. | Sprint Nextel Corporation (a Kansas corporation engaged in providing communications services), the executive offices of which are located at 2001 Edmund Halley Drive, Reston, VA 20191 | ||
2. | Nextel Communications, Inc. (a Delaware corporation engaged in providing communication services), the executive offices of which are located at 2001 Edmund Halley Drive, Reston, VA 20191 |
1. | Eagle River Investments LLC (a Washington limited liability company engaged in making private equity investments), the executive officers of which are located at 2300 Carillon Point, Kirkland, WA 98033-7353 |
2. | Motorola, Inc. (a Delaware corporation engaged in providing communications products), the executive offices of which are located at 1303 E. Algonquin Road, Schaumburg, IL 60196 | ||
3. | Madison Dearborn Capital Partners II, LP (a Delaware limited partnership engaged in making private equity investments), the executive offices of which are located at 3 First National Plaza, Suite 3800, Chicago, IL 60602 | ||
4. | David Aas (US Citizen), Vice President and Chief Technology Officer of the Company | ||
5. | John Chapple (US Citizen), President, Chief Executive Officer and Chairman of the Company | ||
6. | Mark Fanning (US Citizen), Vice President-Partner Development of the Company 4500 Carillon Point Kirkland, WA 98033 |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 6 of 18 Pages |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 7 of 18 Pages |
Number of Shares of | ||||||||
Class A Common | ||||||||
Stock Subject to | ||||||||
Shareholders | Percentage of Class A | |||||||
Beneficial Owner | Agreement | Common Stock (1) | ||||||
Eagle River Investments LLC (2) |
8,804,673 | 4.8 | % | |||||
Madison
Dearborn Capital Partners II, LP (3) |
12,349,179 | 6.7 | % | |||||
Motorola, Inc. (4) |
500,000 | * | ||||||
David Aas (5) |
755,493 | * | ||||||
John Chapple (6) |
1,856,365 | 1.0 | % | |||||
Mark Fanning (7) |
378,486 | * | ||||||
TOTAL |
24,644,196 | 13.3 | % |
(1) | Based on 184,902,306 shares of Class A Common Stock outstanding as of July 27, 2005, as provided in the Companys Quarterly Report on Form 10-Q for the quarter ended June 30, 2005. |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 8 of 18 Pages |
(2) | Eagle River Investments reported on an amended Schedule 13G filed on February 9, 2005 that it held 7,064,699 shares of Class A Common Stock, had the sole power to vote or to direct the vote over 10,064,699 shares of Class A Common Stock and had sole power to dispose of or direct the disposition over 9,064,699 shares of Class A Common Stock as of December 31, 2004. Included in the shares beneficially owned by Eagle River Investments as of December 31, 2004 are 10,587 shares donated by the Craig and Susan McCaw Foundation (the Foundation), a 503(c)(3) charitable organization controlled by the principal of Eagle River Investments, to unrelated charitable organizations between December 31, 2004 and February 3, 2005. The principal of Eagle River Investments no longer has any voting or dispositive power over those shares. | ||
On April 8, 2005, Eagle River Investments filed an amended Schedule 13G indicating that (1) on February 18, 2005, the Foundation donated 249,439 shares of Class A Common Stock to an unrelated charitable organization and no longer had any voting or dispositive power over such shares and (2) on April 5, 2005, Eagle River Investments relinquished voting control of 1,000,000 shares of Class A Common Stock and no longer has any voting power over such shares. The Foundation continues to hold 1,739,974 shares of Class A Common Stock over which the principal of Eagle River Investments retains the sole power to vote and direct the disposition but has no beneficial interest therein. | |||
(3) | Madison Dearborn Capital Partners reported on an amended Schedule 13G filed on February 15, 2005 that it had the sole power to vote and dispose of 12,349,179 shares of Class A Common Stock as of December 31, 2004. | ||
(4) | Motorola reported on an amended Schedule 13G filed on February 14, 2005 that it had the sole power to vote and dispose of 500,000 shares of Class A Common Stock as of December 31, 2004. | ||
(5) | Based on information contained in the Companys proxy statement for its 2005 annual meeting, the amended Schedule 13G filed by Mr. Aas on February 11, 2005 and Forms 4 filed by Mr. Aas on March 2, 2005, March 3, 2005, May 19, 2005 and June 2, 2005. Mr. Aas also beneficially owns 8,907 shares of Class A Common Stock and an exercisable option to purchase 470,000 shares of Class A Common Stock, none of which are subject to the Shareholders Agreement. Including the shares subject to the Shareholders Agreement, Mr. Aas beneficially owns an aggregate of 1,234,400 shares of Class A Common Stock, which represents 0.7% of the outstanding Class A Common Stock as of July 27, 2005. | ||
(6) | Based on information contained in the Companys proxy statement for its 2005 annual meeting, the amended Schedule 13G filed by Mr. Chapple on February 11, 2005 and Forms 4 filed by Mr. Chapple on March 2, 2005, March 3, 2005 and May 5, 2005. Includes 736,666 shares held by JRC Coho LLC, an entity controlled by Mr. Chapple. Mr. Chapple also beneficially owns 147,839 shares of Class A Common Stock (of which, 145,000 shares are held by Panther Lake LLC, an entity controlled by Messrs. Chapple and John Thompson) and an exercisable option to purchase 902,500 shares of Class A |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 9 of 18 Pages |
Common Stock, none of which are subject to the Shareholders Agreement. Including the shares subject to the Shareholders Agreement, Mr. Chapple beneficially owns an aggregate of 2,906,704 shares of Class A Common Stock, which represents 1.6% of the outstanding Class A Common Stock as of July 27, 2005. | |||
(7) | Based on an amended Schedule 13G filed by Mr. Fanning on February 11, 2005. Mr. Fanning also beneficially owns 7,461 shares of Class A Common Stock and an exercisable option to purchase 396,230 shares of Class A Common Stock, none of which are subject to the Shareholders Agreement. Including the shares subject to the Shareholders Agreement, Mr. Fanning beneficially owns an aggregate of 782,197 shares of Class A Common Stock, which represents 0.4% of the outstanding Class A Common Stock as of December 31, 2004. |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 10 of 18 Pages |
| the Company has agreed to obtain Nextel WIPs approval prior to taking certain significant actions, including making a material change to the Companys business objectives or technology; and | ||
| Nextel Communications and its subsidiaries would not offer wireless communications services under the Nextel brand name, iDEN services on 800 MHz frequencies, or wireless communications services that allow interconnect with landline telecommunications in the Companys territory. |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 11 of 18 Pages |
| January 29, 2008, subject to certain postponements by the Companys board of directors; | ||
| If Nextel Communications changes its digital transmission technology, the change is materially adverse to the Company and Nextel WIP determines not to provide the Company free of charge the equipment necessary to provide the Companys subscribers with service comparable to what they had been receiving; | ||
| If Nextel WIP requires a change in the Companys business, operations or systems, the change is materially adverse to the Company, Nextel WIP does not subsidize the Company for the costs of such change and the Company declines to implement the required change; or | ||
| Termination of the Companys operating agreements with Nextel WIP as a result of the Companys breach. |
| If the Company does not implement a change in its business, operations or systems required by Nextel WIP, the change is materially adverse to the Company, and the Companys board of directors provides holders of Class A Common Stock with the opportunity to require Nextel WIP to buy their shares of Class A Common Stock and a majority of the stockholders vote to do so; or | ||
| Termination of the Companys operating agreements with Nextel WIP as a result of a breach by Nextel WIP. |
| as a result of the termination of the operating agreements with the Company as a result of Nextel WIPs breach, the purchase price is determined based on a pricing formula; | ||
| as a result of the termination of the operating agreements as a result of a breach by the Company, the purchase price could involve a discount based on a pricing formula; | ||
| as a result of the election of a majority of the non-Nextel WIP stockholders to require Nextel WIP to purchase, after the Companys failure to implement changes in business, operations or systems required by Nextel Communications, the purchase price will be an amount equal to the higher of the fair market value as determined by the appraisal process set forth in the Certificate and a 20% rate of return on each tranche of invested capital in the Company, whether contributed in cash or in kind, from the date of its |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 12 of 18 Pages |
contribution through the purchase date, which value will be divided over all of the Companys capital stock; or | |||
| for any other reason, including in connection with the exercise of the Put Right, the purchase price will be the fair market value as determined by the appraisal process set forth in the Certificate. |
Exhibit 1
|
Restated Certificate of Incorporation of Nextel Partners, Inc., as amended (filed as Exhibit 3.1 to Amendment No. 2 to Nextel Partners, Inc.s Registration Statement on Form S-1 filed with the Commission on February 22, 2000 (File No. 333-95473) and incorporated herein by reference). | |
Exhibit 2
|
Certificate of Amendment to the Restated Certificate of Incorporation of Nextel Partners, Inc. (filed as Exhibit 3.1(a) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2004 (File No. 000-29633) and |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 13 of 18 Pages |
incorporated herein by reference). | ||
Exhibit 3
|
Amended and Restated Shareholders Agreement by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2 to Nextel Partners, Inc.s Registration Statement on Form S-1 filed with the Commission on February 22, 2000 (File No. 333-95473) and incorporated herein by reference). | |
Exhibit 4
|
Amendment No. 1 to Amended and Restated Shareholders Agreement, dated effective as of February 22, 2000, by and among Nextel Partners, Inc. and the stockholders named therein (incorporation by reference to Exhibit 10.2(a) to Nextel Partners, Inc.s Registration Statement on Form S-4 filed with the Commission on October 23, 2000, File No. 333-48470) and incorporated herein by reference). | |
Exhibit 5
|
Amendment No. 2 to Amended and Restated Shareholders Agreement, dated effective as of March 20, 2001, by and among Nextel Partners, Inc. and the stockholders named therein (incorporation by reference to Exhibit 10.2(b) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2001, File No. 000-29633) and incorporated herein by reference). | |
Exhibit 6
|
Amendment No. 3 to Amended and Restated Shareholders Agreement, dated effective as of April 18, 2001, by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2(c) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2001 (File No. 000-29633) and incorporated herein by reference). | |
Exhibit 7
|
Amendment No. 4 to Amended and Restated Shareholders Agreement, dated effective as of July 25, 2001, by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2(d) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended October 31, 2001 (File No. 000-29633) and incorporated herein by reference). | |
Exhibit 8
|
Amendment No. 5 to Amended and Restated Shareholders Agreement, dated effective as of June 13, 2002, by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2(e) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2003 (File No. 000-29633) and incorporated herein by reference). | |
Exhibit 9
|
Amendment No. 6 to Amended and Restated Shareholders Agreement, dated effective as of July 24, 2002, by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2(f) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2003 (File No. 000-29633) and incorporated herein by reference). | |
Exhibit 10
|
Amendment No. 7 to Amended and Restated Shareholders Agreement, dated effective as of October 18, 2002, by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2(g) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2003 (File No. 000-29633) and incorporated herein by reference). |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 14 of 18 Pages |
Exhibit 11
|
Amendment No. 8 to Amended and Restated Shareholders Agreement, dated effective as of May 12, 2003, by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2(h) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2003 (File No. 000-29633) and incorporated herein by reference). | |
Exhibit 12
|
Amendment No. 9 to Amended and Restated Shareholders Agreement, dated effective as of March 2004, by and among Nextel Partners, Inc. and the stockholders named therein (incorporation by reference to Exhibit 10.2(i) to Nextel Partners, Inc.s Quarterly Report on Form 10-Q for the quarter ended March 31, 2004, File No. 000-29633) and incorporated herein by reference). | |
Exhibit 13
|
Amendment No. 10 to Amended and Restated Shareholders Agreement, dated effective as of December 31, 2004, by and among Nextel Partners, Inc. and the stockholders named therein (filed as Exhibit 10.2(j) to Nextel Partners, Inc.s Annual Report on Form 10-K for the year ended December 31, 2004 (File No. 000-29633) and incorporated herein by reference). | |
Exhibit 14
|
Joint Venture Agreement, dated as of January 29, 1999, by and among Nextel Partners, Inc., Nextel Partners, Inc. Operating Corp. and Neptune WIP Corp. (filed as Exhibit 10.3 to Nextel Partners, Inc.s Registration Statement on Form S-4 filed with the Commission on May 14, 1999 (File No. 333-78459) and incorporated herein by reference). | |
Exhibit 15
|
Agreement Specifying Obligations and Limiting Liability of, and Recourse to, Nextel Communications (filed February 24, 1999 as Exhibit 10.3 to Nextel Communications Current Report on Form 8-K (File No. 000-19656) and incorporated herein by reference). |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 15 of 18 Pages |
Dated: August 22, 2005 | SPRINT NEXTEL CORPORATION | |||
By: | /s/ Gary D. Begeman | |||
Name: Gary D. Begeman | ||||
Title: Vice President, Legal |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 16 of 18 Pages |
Name | Directors of Sprint Nextel | |
Timothy M. Donahue
|
Chairman of the Board of Sprint Nextel Corporation | |
Gary D. Forsee
|
Chief Executive Officer and President of Sprint Nextel Corporation | |
Keith J. Bane
|
Retired; formerly Executive Vice President and President, global strategy and corporate development of Motorola, Inc. | |
Gordon M. Bethune
|
Retired; formerly Chairman and Chief Executive Officer of Continental Airlines, Inc. | |
William E. Conway, Jr.
|
Founder and Managing Director, of The Carlyle Group | |
Frank M. Drendel
|
Chairman and Chief Executive Officer of CommScope, Inc. | |
James H. Hance, Jr.
|
Retired; formerly Vice Chairman of Bank of America Corporation | |
V. Janet Hill
|
Vice President of Alexander & Associates, Inc. | |
Irvine O. Hockaday, Jr.
|
Retired; formerly President and Chief Executive Officer of Hallmark Cards, Inc. | |
William E. Kennard
|
Managing Director of The Carlyle Group | |
Linda Koch Lorimer
|
Vice President and Secretary of the University, Yale University, New Haven, Connecticut | |
Stephanie M. Shern
|
Retired; former Senior Vice President of Kurt Salmon Associates | |
Gerald L. Storch
|
Vice Chairman of Target Corporation | |
William H. Swanson
|
Chairman and Chief Executive Officer of Raytheon Company |
CUSIP No. 65333F 10 7 | Schedule 13D | Page 17 of 18 Pages |
Executive Officers of Sprint Nextel | ||
(who are not also Directors) | ||
Len J. Lauer
|
Chief Operating Officer | |
Paul N. Saleh
|
Chief Financial Officer of Sprint Nextel Corporation and President and Chief Financial Officer of Nextel Communications, Inc. | |
Thomas N. Kelly, Jr.
|
Chief Strategy Officer | |
Barry J. West* |
Chief Technology Officer | |
Leonard J. Kennedy
|
General Counsel of Sprint Nextel Corporation and Vice President of Nextel Communications, Inc. | |
James G. Kissinger
|
Senior Vice President, Human Resources | |
Daniel R. Hesse
|
Chief Executive Officer, Local Telecommunications Division | |
Mark E. Angelino
|
President, Business Solutions | |
Timothy E. Kelly
|
President, Consumer Solutions | |
Richard T.C. LeFave
|
Chief Information Officer | |
Kathryn A. Walker
|
Chief Network Officer | |
William G. Arendt
|
Controller | |
Richard S. Lindahl
|
Treasurer |
* Mr. West is a citizen of the United States and the United Kingdom.
CUSIP No. 65333F 10 7 | Schedule 13D | Page 18 of 18 Pages |
Name | Directors of Nextel Communications | |
Leonard J. Kennedy
|
General Counsel of Sprint Nextel Corporation and Vice President of Nextel Communications, Inc. | |
Gary D. Begeman
|
Vice President, Legal of Sprint Nextel Corporation and Vice President of Nextel Communications, Inc. | |
Christie A. Hill
|
Vice President, Corporate Governance and Ethics, and Secretary of Nextel Communications, Inc. |
Executive Officers of Nextel Communications | ||
(who are not also Directors) | ||
Paul N. Saleh
|
Chief Financial Officer of Sprint Nextel Corporation and President and Chief Financial Officer of Nextel Communications, Inc. | |
William G. Arendt
|
Vice President and Controller | |
Richard S. Lindahl
|
Vice President and Treasurer | |
Mark V. Beshears
|
Vice President | |
Gary E. Charde
|
Vice President |