================================================================================
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): July 1, 2003
NTELOS INC.
(Exact Name of Registrant as Specified in Charter)
Virginia 0-16751 54-1443350
(State of Incorporation) (Commission File Number) (IRS Employer
P. O. Box 1990
Waynesboro, Virginia 22980
(Address of principal executive offices)
(540) 946-3500
(Registrant's telephone number, including area code)
================================================================================
Item 5. Other Events and Regulation FD Disclosure
As previously reported, on March 4, 2003, NTELOS Inc. and certain of
its subsidiaries filed voluntary petitions to reorganize under Chapter 11 of
title 11 of the United States Bankruptcy Code in the United States Bankruptcy
Court for the Eastern District of Virginia (the "Bankruptcy Court")(Case No.
03-32094).
The company announced that, on July 1, 2003, the Bankruptcy Court
approved the Disclosure Statement, which provides details regarding the
company's Joint Plan of Reorganization. The Bankruptcy Court's approval of the
Disclosure Statement, dated July 1, 2003, allows the company to commence
soliciting votes for confirmation of its Joint Plan of Reorganization. The
Disclosure Statement and ballots are expected to be mailed on or about July 7,
2003, with a deadline for returning completed ballots of August 1, 2003. The
Court's confirmation hearing is expected to be held on August 11, 2003.
The Joint Plan of Reorganization is subject to, among other things, a
vote of the various classes of constituents, confirmation by the Bankruptcy
Court, the new investment by certain of the company's senior noteholders and
access to an exit financing credit facility, as described in Disclosure
Statement.
Persons who are entitled to vote on the Joint Plan of Reorganization
should obtain and read the Bankruptcy Court approved Disclosure Statement prior
to voting to accept or reject the Joint Plan of Reorganization. The full text of
the Disclosure Statement and the Joint Plan of Reorganization, each dated as of
July 1, 2003, are available on the company's website at www.ntelos.com.
A copy of the company's press release is attached hereto as Exhibit
99.1 and is incorporated in its entirety herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No. Description
- ----------- -----------
99.1 Press release dated July 2, 2003 announcing that the Bankruptcy
Court has approved the Disclosure Statement in connection with
the Joint Plan of Reorganization
SIGNATURES
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 hereunto duly authorized.
NTELOS INC.
(Registrant)
By: /s/ Michael B. Moneymaker
-----------------------------------------
Michael B. Moneymaker
Executive Vice President and Chief
Financial Officer, Treasurer and Secretary
Date: July 2, 2003