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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (date of earliest event reported):
June 3, 1996
EXCEL Communications, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1- 14322 75-2624939
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
9101 LBJ Freeway, Suite 800
Dallas, Texas 75243
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (214) 705-5500
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Not applicable
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
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See Exhibit 20.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
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INFORMATION AND EXHIBITS
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(c) Exhibit.
20.1 Press Release, dated June 3, 1996, Regarding Contract with WorldCom
Network Services, Inc.
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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.
EXCEL COMMUNICATIONS, INC.
June 6, 1996 By: /s/ Kenny A. Troutt
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Kenny A. Troutt
President and Chief Executive Officer
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EXHIBIT INDEX
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Exhibit No. Description Page No.
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20.1 Press Release, dated June 3, 1996, regarding
Contract with WorldCom Network Services, Inc.
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EXHIBIT 20.1
FOR IMMEDIATE RELEASE
EXCEL COMMUNICATIONS, INC.
ANNOUNCES CONTRACT WITH WORLDCOM
Dallas, Texas, Monday, June 3, 1996--Excel Communications, Inc. (NYSE: ECI)
today announced that it has entered into a non-exclusive agreement with WorldCom
Network Services, Inc., ("WorldCom") to provide network switching services and
dedicated access services to EXCEL's subscribers. Under the new contract, EXCEL
will begin the migration of subscriber traffic to WorldCom's long distance
network within sixty days. The contract also calls for a $900 million
cumulative commitment over four years, which initially will equate to
approximately 1 billion minutes per quarter. WorldCom Network Services, Inc.,
is a wholly-owned subsidiary of WorldCom, Inc.
"The agreement with WorldCom underscores our commitment to provide our
subscribers with the highest quality service at competitive rates," said Kenny
A. Troutt, Chairman and Chief Executive Officer of EXCEL Communications, Inc.
"We selected WorldCom as an additional service provider because we believe it
has the ability to meet our expansion needs as well as our subscriber data
management needs," Troutt added.
EXCEL Communications, Inc., is one of the fastest growing providers of long
distance telecommunications services in the United States. The Company offers
its subscribers a variety of long distance telecommunications services and
products under the EXCEL branded name, which include residential service,
commercial service, 800 service, international service, and calling cards. The
Company's services are marketed nationwide exclusively through a network of
independent representatives.
Media inquiries may be directed to:
Mary Bell
Investor Relations Manager
(214) 664-3730
John J. McLaine
Executive Vice President
Chief Financial Officer
(214) 664-3749