<PAGE> 1
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 (Date of earliest event reported) November 3, 1997
-----------------
IXC Communications, Inc.
- -------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-20803 74-2644120
- ---------------------------- -------------- -------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
5000 Plaza on the Lake, Suite 200, Austin, Texas 78746
- ------------------------------------------------ -------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (512) 328-1112
----------------
Not applicable
- -------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE> 2
ITEM 5. OTHER EVENTS
Attached as Exhibit 99.1 is the press release issued by IXC
Communications, Inc. dated November 3, 1997 which is hereby incorporated by
reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
99.1 Press release dated November 3, 1997
2
<PAGE> 3
SIGNATURE
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 hereunto duly authorized.
Date: November 3, 1997
IXC Communications, Inc.
By: /s/ JAMES F. GUTHRIE
---------------------------
James F. Guthrie
Executive Vice President
and Chief Financial Officer
3
<PAGE> 4
EXHIBIT INDEX
Exhibit
Number Description
- ------- -----------
99.1 Press release dated November 3, 1997
4
<PAGE> 1
EXHIBIT 99.1
IXC NEWS RELEASE
- ----------------
IXC COMMUNICATIONS EXTENDS NATIONWIDE NETWORK TO PACIFIC NORTHWEST
ADDS 1,400-MILE LAS VEGAS-PORTLAND ROUTE
AUSTIN, Texas, November 3, 1997 -- IXC Communications, Inc. (NASDAQ: IIXC)
today announced it will add 1,400 miles to its nationwide fiber network and
establish a major presence in the fast-growing Pacific Northwest as a result of
a fiber exchange transaction with FTV Communications, LLC.
Under the terms of the exchange, IXC will acquire fiber on a 1,400-mile route
FTV is building between Las Vegas and Portland, Oregon, via Salt Lake City and
Boise, Idaho. In return, FTV will acquire fiber on the route IXC is building
from Las Vegas to Los Angeles.
"FTV plans to complete its route by January 1999, adding significant new miles
and points of presence to IXC's high-capacity, nationwide fiber optic network,"
said Mike Vent, IXC Executive Vice President of Network Operations and
Engineering. "The Pacific Northwest is a key strategic region for IXC and we
are pleased that, through this transaction, we will be able to provide
extensive new capacity and services to this important market."
"Exchanges, joint-builds, fiber sales, and IXC's own construction activities
have allowed the Company to rapidly expand its network and take its products,
services, and capacity to customers throughout the United States," said
Benjamin Scott, IXC president and CEO. "This is another of a number of
significant arrangements which IXC has entered into which will allow the
Company to expand its network to over 20,000 digital route miles by the
1998-1999 timeframe on a very cost-effective basis."
FTV Communications, LLC is a limited liability corporation formed in September
by FirstPoint Communications, Touch America and Williams Communications Group
for the purpose of building the Las Vegas-Portland route.
Austin, Texas-based IXC Communications, Inc. is one of the United States'
largest suppliers of voice, data, and multimedia transmission services. The
company owns and operates one of the newest nationwide digital networks and
makes network capacity available to local telephone companies, national and
regional long-distance carriers, cable and utility companies, and Internet
Service Providers. IXC offerings include private line, broadband, and switched
and dedicated inbound and outbound calling products, and calling card and debit
card services. IXC is a publicly traded company listed on NASDAQ under the
symbol IIXC. IXC's Website is located at www.ixc-comm.net.
###
Investor Contact: Media Contact:
----------------- --------------
James F. Guthrie Meri Braziel
Executive Vice President Senior Vice President of Marketing
Chief Financial Officer (512) 433-3535
(512) 427-3731 [email protected]
[email protected]
