-----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, VhFqcwQkrPrVJi1Q/OgwfR1DLUU7MU7Dv2GdSRxkruKHfxMO5keI8uw/+BX5f52M 4uK/o//C7ZKl3f+eETmssg== 0000950138-00-000021.txt : 20000218 0000950138-00-000021.hdr.sgml : 20000218 ACCESSION NUMBER: 0000950138-00-000021 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000217 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RHYTHMS NET CONNECTIONS INC CENTRAL INDEX KEY: 0001065869 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 330747515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-58161 FILM NUMBER: 548371 BUSINESS ADDRESS: STREET 1: 7337 S REVERE PKWY SUITE 100 CITY: ENGLEWOOD STATE: CO ZIP: 80112-3931 BUSINESS PHONE: 3034764200 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCI WORLDCOM INC CENTRAL INDEX KEY: 0000723527 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 581521612 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 500 CLINTON CENTER DRIVE CITY: CLINTON STATE: MS ZIP: 39056 BUSINESS PHONE: 6014605600 FORMER COMPANY: FORMER CONFORMED NAME: WORLDCOM INC /GA/ DATE OF NAME CHANGE: 19970127 FORMER COMPANY: FORMER CONFORMED NAME: LDDS COMMUNICATIONS INC /GA/ DATE OF NAME CHANGE: 19930916 FORMER COMPANY: FORMER CONFORMED NAME: RESURGENS COMMUNICATIONS GROUP INC DATE OF NAME CHANGE: 19920703 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------ SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) Rhythms NetConnections Inc. ------------------------------------------- (Name of Issuer) Common Stock, par value $.001 per share ------------------------------------------- (Title of Class of Securities) 762430 20 5 ------------------------------------------- (CUSIP Number) December 31, 1999 ------------- (Date of Event Which Requires Filing of the Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [x] Rule 13d-1(d) *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 the disclosures provided in a prior cover page. The information required in 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). CUSIP No. 762430 20 5 SCHEDULE 13G Page 2 of 6 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS MCI WORLDCOM, Inc. 58-1521612 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [] (b) [] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Georgia - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER: 5,334,692 shares NUMBER OF SHARES ------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 0 OWNED BY EACH ------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER 5,334,692 shares PERSON WITH ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,334,692 shares - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.8% See Item 4(b). - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP No. 762430 20 5 SCHEDULE 13G Page 3 of 6 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS MCI WorldCom Venture Fund, Inc. 52-2156056 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [] (b) [] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER: 5,334,692 shares NUMBER OF SHARES ------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 0 OWNED BY EACH ------------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER 5,334,692 shares PERSON WITH ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,334,692 shares - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.8% See Item 4(b). - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP No. 762430 20 5 SCHEDULE 13G Page 4 of 6 Pages Item 1(a). Name of Issuer: Rhythms NetConnections Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 6933 South Revere Parkway Englewood, Colorado 80112 Item 2(a). Name of Person Filing: This statement is filed by and on behalf of (1) MCI WORLDCOM, Inc., a Georgia corporation, and (2) its wholly-owned subsidiary, MCI WorldCom Venture Fund, Inc., a Delaware corporation. Item 2(b). Address of Principal Business Office or, if None, Residence: MCI WORLDCOM, Inc. 500 Clinton Center Drive Clinton, Mississippi 39056 MCI WorldCom Venture Fund, Inc. 1801 Pennsylvania Avenue, N.W. Washington, D.C. 20006 Item 2(c). Citizenship: MCI WORLDCOM, Inc.: Georgia MCI WorldCom Venture Fund, Inc. Delaware Item 2(d). Title of Class of Securities: Common Stock, $.001 par value per share Item 2(e). CUSIP Number: 762430 20 5 Item 3. If This Statement is Filed Pursuant to Rules 13d-1(b), or 13d-2(b), Check Whether the Person Filing is a: Not applicable CUSIP No. 762430 20 5 SCHEDULE 13G Page 5 of 6 Pages Item 4. Ownership. (a) Amount beneficially owned: 5,334,692 shares as of December 31, 1999, including warrants to acquire 857,000 shares of Common Stock. (b) Percent of class: 6.8%, based on 77,141,961 shares outstanding as of November 10, 1999, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ending September 30, 1999, and treating the 857,000 shares of Common Stock underlying the warrants as having been issued for purposes of computing this percentage. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 5,334,692 shares (ii) Shared power to vote or to direct the vote: 0 shares (iii) Sole power to dispose or to direct the disposition of: 5,334,692 shares (iv) Shared power to dispose or to direct the disposition of: 0 shares Item 5. Ownership of Five Percent or Less of a Class. Not applicable 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 CUSIP No. 762430 20 5 SCHEDULE 13G Page 6 of 6 Pages Item 9. Notice of Dissolution of Group. Not applicable Item 10. Certification. Not applicable The undersigned hereby agree to jointly file this statement on Schedule 13G, together with any amendments thereto, with the SEC pursuant to the requirements of Rule 13d-1 under the Securities Exchange Act of 1934, as amended. 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 17, 2000 MCI WORLDCOM, Inc. By /s/ Scott D. Sullivan ----------------------------------- Scott D. Sullivan Secretary and Chief Financial Officer MCI WorldCom Venture Fund, Inc. By /s/ Scott D. Sullivan ----------------------------------- Scott D. Sullivan Secretary and Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----