-----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, MWp0S9mTO+Pc6st4i81egTwJ1z44zeghChOtOJEAAllEWycJ+hoDeiU7LlSGNynS C8RNYpRMTQrcHF/Zr+16nw== 0000950123-06-013052.txt : 20061026 0000950123-06-013052.hdr.sgml : 20061026 20061026172234 ACCESSION NUMBER: 0000950123-06-013052 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20061026 DATE AS OF CHANGE: 20061026 GROUP MEMBERS: EQUITY-LINKED INVESTORS - II GROUP MEMBERS: PRIVATE EQUITY INVESTORS III, L.P. GROUP MEMBERS: ROHIT M. DESAI GROUP MEMBERS: ROHIT M. DESAI ASSOCIATES - II GROUP MEMBERS: ROHIT M. DESAI ASSOCIATES III, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUNCOM WIRELESS HOLDINGS, INC. CENTRAL INDEX KEY: 0001091973 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 232974475 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58313 FILM NUMBER: 061166689 BUSINESS ADDRESS: STREET 1: 1100 CASSATT ROAD CITY: BERWYN STATE: PA ZIP: 19312 BUSINESS PHONE: 6106515900 MAIL ADDRESS: STREET 1: 1100 CASSATT ROAD CITY: BERWYN STATE: PA ZIP: 19312 FORMER COMPANY: FORMER CONFORMED NAME: TRITON PCS HOLDINGS INC DATE OF NAME CHANGE: 19990728 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DESAI CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0000918180 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133229933 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 410 PARK AVENUE STREET 2: SUITE 830 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127059107 MAIL ADDRESS: STREET 1: 410 PARK AVENUE STREET 2: SUITE 830 CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 y26327a2sc13dza.txt AMENDMENT #2 TO SCHEDULE 13D Class A Common Stock, $0.01 par value per share CUSIP No.896775103 Page 1 of 9 =============================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) SunCom Wireless Holdings, Inc. - ------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, $0.01 par value per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 896775103 - ------------------------------------------------------------------------------- (CUSIP Number) Rohit M. Desai c/o Desai Capital Management Incorporated 410 Park Avenue, Suite 830 New York, NY 10022 Telephone: (212) 838-9191 - ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) October 23, 2006 - ------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the Reporting 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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. [ ] (Continued on following pages) Class A Common Stock, $0.01 par value per share CUSIP No.896775103 Page 2 of 9 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Private Equity Investors III, L.P - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------- 3. SEC USE Only - ------------------------------------------------------------------------------- 4. Source of Funds: OO - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: Delaware - ------------------------------------------------------------------------------- 7. Sole Voting Power: 0 (see Item 5) Number of ------------------------------------------------------------- Shares 8. Shared Voting Power: Beneficially Owned by 0 Each ------------------------------------------------------------- Reporting 9. Sole Dispositive Power: Person With 0 (see Item 5) ------------------------------------------------------------- 10. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 (see Item 5) - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 0% - ------------------------------------------------------------------------------- 14. Type of Reporting Person: PN - ------------------------------------------------------------------------------- Class A Common Stock, $0.01 par value per share CUSIP No.896775103 Page 3 of 9 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Equity-Linked Investors -- II - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------- 3. SEC USE Only - ------------------------------------------------------------------------------- 4. Source of Funds: OO - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: New York - ------------------------------------------------------------------------------- 7. Sole Voting Power: 0 (see Item 5) Number of ------------------------------------------------------------- Shares 8. Shared Voting Power: Beneficially Owned by 0 Each ------------------------------------------------------------- Reporting 9. Sole Dispositive Power: Person With 0 (see Item 5) ------------------------------------------------------------- 10. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 (see Item 5) - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 0% - ------------------------------------------------------------------------------- 14. Type of Reporting Person: PN - ------------------------------------------------------------------------------- Class A Common Stock, $0.01 par value per share CUSIP No.896775103 Page 4 of 9 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Rohit M. Desai - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------- 3. SEC USE Only - ------------------------------------------------------------------------------- 4. Source of Funds: OO - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: United States - ------------------------------------------------------------------------------- 7. Sole Voting Power: 113,750 (see Item 5) Number of ------------------------------------------------------------- Shares 8. Shared Voting Power: Beneficially Owned by 584,950 Each ------------------------------------------------------------- Reporting 9. Sole Dispositive Power: Person With 113,750 (see Item 5) ------------------------------------------------------------- 10. Shared Dispositive Power: 584,950 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 698,700 shares - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 1.1% - ------------------------------------------------------------------------------- 14. Type of Reporting Person: IN - ------------------------------------------------------------------------------- Class A Common Stock, $0.01 par value per share CUSIP No.896775103 Page 5 of 9 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Rohit M. Desai Associates III, LLC - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------- 3. SEC USE Only - ------------------------------------------------------------------------------- 4. Source of Funds: OO - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: Delaware - ------------------------------------------------------------------------------- 7. Sole Voting Power: 0 (see Item 5) Number of ------------------------------------------------------------- Shares 8. Shared Voting Power: Beneficially Owned by 0 Each ------------------------------------------------------------- Reporting 9. Sole Dispositive Power: Person With 0 (see Item 5) ------------------------------------------------------------- 10. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 (see Item 5) - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 0% - ------------------------------------------------------------------------------- 14. Type of Reporting Person: OO - ------------------------------------------------------------------------------- Class A Common Stock, $0.01 par value per share CUSIP No.896775103 Page 6 of 9 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Rohit M. Desai Associates -- II - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------- 3. SEC USE Only - ------------------------------------------------------------------------------- 4. Source of Funds: OO - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: New York - ------------------------------------------------------------------------------- 7. Sole Voting Power: 0 (see Item 5) Number of ------------------------------------------------------------- Shares 8. Shared Voting Power: Beneficially Owned by 0 Each ------------------------------------------------------------- Reporting 9. Sole Dispositive Power: Person With 0 (see Item 5) ------------------------------------------------------------- 10. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 (see Item 5) - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 0% - ------------------------------------------------------------------------------- 14. Type of Reporting Person: PN - ------------------------------------------------------------------------------- Class A Common Stock, $0.01 par value per share CUSIP No.896775103 Page 7 of 9 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons: Desai Capital Management Incorporated - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------- 3. SEC USE Only - ------------------------------------------------------------------------------- 4. Source of Funds: OO - ------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------- 6. Citizenship or Place of Organization: New York - ------------------------------------------------------------------------------- 7. Sole Voting Power: 0 (see Item 5) Number of ------------------------------------------------------------- Shares 8. Shared Voting Power: Beneficially Owned by 0 Each ------------------------------------------------------------- Reporting 9. Sole Dispositive Power: Person With 0 (see Item 5) ------------------------------------------------------------- 10. Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 (see Item 5) - ------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - ------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 0% - ------------------------------------------------------------------------------- 14. Type of Reporting Person: CO - ------------------------------------------------------------------------------- Page 8 of 9 - ------------------------------------------------------------------------------- This Amendment No. 2 to Schedule13D (this "Amendment"), filed by Private Equity Investors III, L.P. ("PEI III"), Equity Linked Investors-II ("ELI II"), Rohit M. Desai Associates III, LLC ("RMDA III"), Rohit M. Desai Associates-II ("RMDA II"), Desai Capital Management Incorporated ("DCMI") and Rohit M. Desai (Mr. Desai, together with PEI III, ELI II, RMDA III, RMDA II and DCMI, the "Reporting Persons") relates to the Class A common stock, par value $0,01 per share (the " Stock"), of SunCom Wireless Holdings, Inc. ("SunCom") a Delaware corporation, formerly known as Triton PCS Holdings, Inc., and amends the following items of the Reporting Persons' statement on Schedule 13 D filed on June 6, 2001 and Amendment No. 1 to such Schedule 13D filed on December 12, 2001. ITEM 4. PURPOSE OF THE TRANSACTION. On October 23, 2006, PEI III and ELI II made pro rata distributions of all of the Stock held by them to their respective limited partners and, in the case of PEI III, to its general partner, in each case for no additional consideration. In turn, the general partner of PEI III, RMDA III, distributed the shares of Stock received by it to its respective members. PEI III distributed 4,936,832 shares of Stock and ELI III distributed 4,240,577 shares of Stock. The aforementioned distributions are referred to collectively herein as the "Distributions". ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 is hereby amended and restated in its entirety as follows: The response of each Reporting Person to Items 7 through 13 on each of their respective cover pages which relate to the beneficial ownership of the Stock is incorporated herein by reference. Prior to the Distributions, Mr. Desai had reported indirect beneficial ownership of all the shares of Stock held by each of PEI III (4,936,832 shares immediately prior to the Distributions) and ELI II (4,240,577 shares immediately prior to the Distributions), based on his position as the managing member of RMDA III and the managing partner of RMDA II. After giving effect to the Distributions, as described in Item 4, Mr. Desai is the direct owner of 113,750 shares of Stock and may be deemed the beneficial owner of 584,950 shares of Stock held by a family trust for which Mr. Desai's spouse is the sole trustee. Mr. Desai disclaims beneficial ownership of the shares of Stock held by this trust. Based on the 63,330,001 shares of Stock outstanding as of June 30, 2006 (as reported in SunCom's Quarterly Report on Form 10-Q for the quarter ended June 30, 2006), Mr. Desai is the beneficial owner or deemed beneficial owner, as the case may be, of approximately 1.1% of the outstanding shares of Stock. After giving effect to the Distributions, as described in Item 4, PEI III, ELI II, RMDA III, and RMDA II, have no beneficial interest in any shares of Stock. In addition, DCMI may no longer be deemed an indirect beneficial owner of shares of Stock arising from its relationship as the investment advisor to each of PEI III and ELI II. Except for the transfer of securities as described in Item 4, there were no transactions effected in the past sixty days in the Stock by any of the Reporting Persons. Accordingly, each of the Reporting Persons ceased to be the holder of more than 5% of the outstanding shares of Stock on October 23, 2006. Page 9 of 9 - ------------------------------------------------------------------------------- SIGNATURES 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. Dated: October 25, 2006 PRIVATE EQUITY INVESTORS III, L.P. By: Rohit M. Desai Associates III, LLC ---------------------------------- its general partner By: /s/ Rohit M. Desai ---------------------------- Name: Rohit M. Desai Title: Managing Member EQUITY-LINKED INVESTORS-II By: Rohit M. Desai Associates-II ----------------------------- its general partner By: /s/ Rohit M. Desai ----------------------------- Name: Rohit M. Desai Title: Managing Partner ROHIT M. DESAI ASSOCIATES III, LLC By: /s/ Rohit M. Desai ----------------------------- Name: Rohit M. Desai Title: Managing Member ROHIT M. DESAI ASSOCIATES-II By: /s/ Rohit M. Desai ----------------------------- Name: Rohit M. Desai Title: Managing Partner DESAI CAPITAL MANAGEMENT INCORPORATED By: /s/ Rohit M. Desai ----------------------------- Name: Rohit M. Desai Title: President ROHIT M. DESAI By: /s/ Rohit M. Desai ----------------------------- Name: Rohit M. Desai -----END PRIVACY-ENHANCED MESSAGE-----