UNITED
STATES
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:
July
11,
2006
MOBILEPRO
CORP.
(Exact
Name of Registrant as Specified in Charter)
|
Delaware
|
000-51010
|
87-0419571
|
|
(State
of Incorporation)
|
(Commission
File Number )
|
(IRS
Employer Identification No.)
|
6701
Democracy Blvd., Suite 202
Bethesda,
MD 20817
(Address
of principal executive offices) (Zip Code)
(301)
315-9040
(Registrant's
telephone number)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see
General
Instruction A.2 below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
1.01. Entry into a Material Definitive Agreement.
On
July
11, 2006, American Fiber Network, Inc. (“AFN”), a wholly-owned subsidiary of
Mobilepro Corp. (the “Registrant”), entered into a letter agreement dated as of
June 30, 2006 (the “Agreement”) with FSH Communications LLC (“FSH”) pursuant to
which AFN will provide FSH with local exchange service at a discount to the
tariffed rate filed by the Incumbent Local Exchange Carrier. AFN expects that
the agreement with FSH will generate annual revenues of approximately $12
million.
The
terms
of the agreement described above are only a summary of the letter agreement
terms and are qualified in their entirety by reference to the agreement which
is
attached hereto as Exhibit 10.1 and incorporated by reference into this Current
Report on Form 8-K.
Item
7.01
Regulation FD Disclosure.
The
Registrant made a power point presentation on recent developments and plans
for
2007 at the C.E. Unterberg, Towbin Emerging Growth Opportunities Conference
on
Wednesday, July 12, 2006 in New York City and discussed the AFN agreement
described above.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits
10.1
Letter Agreement dated as of June 30, 2006 between American Fiber Network,
Inc.
and FSH Communications LLC
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 thereunto
duly authorized.
| |
By:
/s/ Jay O.
Wright
|
| |
Jay
O. Wright
|
| |
Chief
Executive Officer
|
| |
MOBILEPRO
CORP.
|
Date:
July 12, 2006