-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F4bKseE73Cg0tVxtsZXnr1dZMLI5kWHvxuYm/mZxNkTNdc4mpdjAAF1AjQF2D37/ M1mrnFxXDwobcePnr7vGQg== 0001005477-97-000530.txt : 19970222 0001005477-97-000530.hdr.sgml : 19970222 ACCESSION NUMBER: 0001005477-97-000530 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970219 SROS: NASD GROUP MEMBERS: G E INVESTMENT MANAGEMENT INC GROUP MEMBERS: GENERAL ELECTRIC COMPANY GROUP MEMBERS: GENERAL ELECTRIC INVESTMENT CORPORATION SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL CABLETEL INC CENTRAL INDEX KEY: 0000906347 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 521822078 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43211 FILM NUMBER: 97537778 BUSINESS ADDRESS: STREET 1: 110 E 59TH ST STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 MAIL ADDRESS: STREET 1: 110 EAST 59TH STREET STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: G E INVESTMENT MANAGEMENT INC CENTRAL INDEX KEY: 0000936839 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3003 SUMMER STREET STREET 2: P O BOX 7900 CITY: STAMFORD STATE: CT ZIP: 06904-7900 BUSINESS PHONE: 2033262300 SC 13G/A 1 SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------- SCHEDULE 13G (Rule 13d-102) UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1 )* International CableTel, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 459216107 - -------------------------------------------------------------------------------- (CUSIP Number) - ---------- * The remainder of this cover page shall be filled out for a reporting person's 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 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). SCHEDULE 13G CUSIP No. 459216107 - -------------------------------------------------------------------------------- 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person General Electric Investment Corporation, as Investment Adviser to certain entities and accounts I.R.S. #22-2152310 - -------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group* a. |_| b. |X| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares 2,828,824 Beneficially -------------------------------------------------------- Owned By 6 Shared Voting Power Each Reporting 0 Person -------------------------------------------------------- With 7 Sole Dispositive Power 2,828,824 -------------------------------------------------------- 8 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,828,824 - -------------------------------------------------------------------------------- 10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 11 Percent of Class Represented By Amount in Row (9) 8.8% (11.1% if aggregated with the shares owned by GE Investment Management Incorporated) - -------------------------------------------------------------------------------- 12 Type of Reporting Person* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 12 Pages SCHEDULE 13G CUSIP No. 459216107 - -------------------------------------------------------------------------------- 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person GE Investment Managment Incorporated, as Investment Adviser to certain entities and accounts (I.R.S. #06-1238874) - -------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group* a. |_| b. |X| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares 712,131 Beneficially -------------------------------------------------------- Owned By 6 Shared Voting Power Each Reporting 0 Person -------------------------------------------------------- With 7 Sole Dispositive Power 712,131 -------------------------------------------------------- 8 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 712,131 - -------------------------------------------------------------------------------- 10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 11 Percent of Class Represented By Amount in Row (9) 2.2% (11.1% if aggregated with the shares owned by General Electric Investment Corporation) - -------------------------------------------------------------------------------- 12 Type of Reporting Person* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 12 Pages SCHEDULE 13G CUSIP No. 459216107 - -------------------------------------------------------------------------------- 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person General Electric Company (I.R.S. #14-0689340) - -------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group* a. |_| b. |X| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization State of New York - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares Disclaimed (see 9 below) Beneficially -------------------------------------------------------- Owned By 6 Shared Voting Power Each Reporting 0 Person -------------------------------------------------------- With 7 Sole Dispositive Power Disclaimed (see 9 below) -------------------------------------------------------- 8 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person Disclaimed (see 9 below) - -------------------------------------------------------------------------------- 10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 11 Percent of Class Represented By Amount in Row (9) Not applicable - -------------------------------------------------------------------------------- 12 Type of Reporting Person* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 12 Pages INTRODUCTORY NOTE: General Electric Investment Corporation ("GEIC"), as an Investment Adviser (registered under the Investment Advisers Act of 1940) to certain entities and accounts, may be deemed to be a beneficial owner of 1,680,000 shares of Common Stock owned by such entities or accounts. GE Investment Management Incorporated ("GEIM"), as an Investment Adviser (registered under the Investment Advisers Act of 1940) to certain entities and accounts, may be deemed to be a beneficial owner of 371,102 shares of Common Stock owned by such entities or accounts. Collectively, GEIC and GEIM beneficially own 2,051,102 shares of Common Stock, which is 11.1% of the outstanding shares of Common Stock. GEIC and GEIM each expressly disclaim beneficial ownership of Shares of Common Stock owned by filing persons other than itself. GEIC and GEIM expressly disclaim that they are members of a "group". General Electric Company, a New York corporation, disclaims beneficial ownership of all shares. General Electric Company expressly disclaims that it is a member of a "group". Item 1(a) Name of Issuer International CableTel, Inc. Item 1(b) Address of Issuer's Principal Executive Office 110 East 59th Street 26th Floor New York, New York 10022 Item 2(a) Name of Person Filing General Electric Investment Corporation ("GEIC"), as Investment Adviser to certain entities and accounts GE Investment Management Incorporated ("GEIM"), as Investment Adviser to certain entities and accounts General Electric Company (see Schedule 1) Item 2(b) Address of Principal Business Office The address of the principal offices of General Electric Investment Corporation and GE Investment Management Incorporated is 3003 Summer Street, Stamford, Connecticut 06904. The address of the principal offices of General Electric Company is 3135 Easton Turnpike, Fairfield, Connecticut 06431. Page 5 of 12 Pages Item 2(c) Citizenship General Electric Investment Corporation - Delaware GE Investment Management Incorporated - Delaware General Electric Company - New York Item 2(d) Title of Class of Securities Common Stock Item 2(e) CUSIP Number 459216107 Item 3 If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in Section 3(a) of the Act (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (d) [ ] Investment Company registered under Section 8 of the Investment Company Act (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see ss.240.13d- 1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G) (Note: See Item 7) (h) [X] Group, in accordance with ss.240.13d- 1(b)(1)(ii)(H) Item 4 Ownership (see cover pages and introductory note) Page 6 of 12 Pages Item 5 Ownership of Five Percent of Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6 Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not applicable. Item 8 Identification and Classification of Members of the Group Not applicable. Item 9 Notice of Dissolution of Group Not applicable Page 7 of 12 Pages Item 10 Certification By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. February 14, 1997 GENERAL ELECTRIC INVESTMENT CORPORATION, as Investment Adviser to certain entities and accounts By: /s/ Alan M. Lewis --------------------------------------- Alan M. Lewis Executive Vice President GE INVESTMENT MANAGEMENT INCORPORATED, as Investment Adviser to certain entities and accounts By: /s/ Alan M. Lewis --------------------------------------- Alan M. Lewis Executive Vice President GENERAL ELECTRIC COMPANY BY: /s/ John H. Myers --------------------------------------- John H. Myers Vice President SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 1997 GENERAL ELECTRIC INVESTMENT CORPORATION, as Investment Adviser to certain entities and accounts By: /s/ Alan M. Lewis --------------------------------------- Alan M. Lewis Executive Vice President SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 1997 GE INVESTMENT MANAGEMENT INCORPORATED, as Investment Adviser to certain entities and accounts By: /s/ Alan M. Lewis --------------------------------------- Alan M. Lewis Executive Vice President SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 1997 GENERAL ELECTRIC COMPANY By: /s/ John H. Myers --------------------------------------- John H. Myers Vice President SCHEDULE I JOINT FILING AGREEMENT This will confirm the agreement by and between all the undersigned that the Schedule 13G on or about this date and any amendments thereto with respect to the beneficial ownership by the undersigned of shares of the Common Stock of International CableTel, Inc. is being filed on behalf of each of the undersigned. GENERAL ELECTRIC INVESTMENT CORPORATION, as Investment Adviser to certain entities and accounts By: /s/ Alan M. Lewis --------------------------------------- Alan M. Lewis Executive Vice President GE INVESTMENT MANAGEMENT INCORPORATED, as Investment Adviser to certain entities and accounts By: /s/ Alan M. Lewis --------------------------------------- Alan M. Lewis Executive Vice President GENERAL ELECTRIC COMPANY By: /s/ John H. Myers --------------------------------------- John H. Myers Vice President -----END PRIVACY-ENHANCED MESSAGE-----