Page>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 28, 1999
-------------
METRO ONE TELECOMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
Oregon 0-27024 93-0995165
- ------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
8405 SW Nimbus Avenue, Beaverton, Oregon 97008
- ------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (503) 643-9500
--------------
1
Item 5. Other Events.
-------------
On June 28, 1999, the Company announced that it expects to report net
income of approximately $0.01 per diluted share on record revenues of
approximately $17.0 to $17.5 million for its second fiscal quarter, ending June
30, 1999. The expected earnings are below consensus analysts' estimates. The
Company also announced that it had signed a multi-year contract to provide its
EDA services to subscribers of Nextel Communications, a leading provider of
fully integrated wireless communications. Reference is made to the press
releases filed as Exhibit 99.1 and 99.2 hereto.
2
SIGNATURE
---------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
METRO ONE TELECOMMUNICATIONS, INC.
----------------------------------
(Registrant)
Date: July 1, 1999
By:/s/ Stebbins B. Chandor, Jr.
-----------------------------
Stebbins B. Chandor, Jr.
Senior Vice President
Chief Financial Officer
3
EXHIBIT INDEX
-------------
The following Exhibits are hereby filed as part of this Current Report on Form
8-K:
EXHIBITS
NUMBER DESCRIPTION
- ------ -----------
99.1 Press Release, dated June 28, 1999, "Metro One Telecommunications
Provides Preliminary Second Quarter Outlook"
99.2 Press Release, dated June 28, 1999, "Metro One Telecommunications Signs
New Business Contract with Nextel Communications"
4