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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) June 3, 1998
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IXC Communications, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-20803 74-2644120
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
1122 Capital of Texas Highway South, Austin, Texas 78746
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (512) 328-1112
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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.
The attached press release is being filed with regard to the merger of
Pisces Acquisition Corp., a Delaware corporation and wholly-owned indirect
subsidiary of the registrant, with and into Network Long Distance, Inc., a
Delaware corporation, on June 3, 1998. The information related to this
transaction which would otherwise be required under Items 2 and 7 is not
provided herein pursuant to General Instruction B.3. of Form 8-K as
substantially the same information required by Items 2 and 7 has been
"previously reported" (as defined in Rule 12b-2) by the registrant.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(C) EXHIBITS
99.1 Press Release dated June 3, 1998
2.
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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: June 3, 1998
IXC Communications, Inc.
By: /s/ James F. Guthrie
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James F. Guthrie
Executive Vice President and
Chief Financial Officer
3.
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EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
Number Description
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<C> <S>
99.1 Press Release dated June 3, 1998
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4.
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EXHIBIT 99.1
[IXC COMMUNICATIONS, INC. LOGO] NEWS RELEASE
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IXC GROWS RETAIL OFFERING WITH
COMPLETED ACQUISITION OF NETWORK LONG DISTANCE, INC.
Company's Eclipse Telecommunications targets national business retail market
AUSTIN, Texas -- June 3, 1998 -- IXC Communications, Inc. (Nasdaq: IIXC) today
announced another major component to its retail business strategy with the
completed acquisition of Network Long Distance, Inc. now known as Eclipse
Telecommunications, Inc. This wholly owned subsidiary significantly expands
IXC's ability to offer a comprehensive set of communications services to
business customers around the U.S.
"The acquisition of Network Long Distance and the branding of the Eclipse name
for our entire portfolio of retail services signifies the aggressive approach
IXC is taking toward the business retail market, specifically small to medium
size businesses," said Valerie Walden, senior vice president of IXC's Switched
and Private Line. "With the most advanced fiber network available and a rapidly
expanding sales force, IXC is strongly positioned to provide quality retail
services to businesses throughout the nation."
Through 26 sales offices and more than 140 sales professionals nationwide,
Eclipse Telecommunications provides a range of telecommunications services to
end user customers, agents and other long distance carriers across the country.
The company currently offers 1+ long distance service, incoming 800/888
service, 800 PIN for multiple termination, calling cards, dedicated lines,
international long distance service and customized billing and management
reporting.
IXC's business retail offering also includes a previously announced joint
venture with UniDial and last year's acquisition of Telecom One of Chicago
which serves business customers in 32 states. The integration of these
companies more than doubles IXC's national sales capacity in the business
retail arena.
"Successful carriers in today's marketplace need to offer customers a wide
range of high-quality and diverse network products and services," said Ben
Scott, chairman and CEO of IXC. "This completed acquisition is a major
milestone in the launch of our retail business. A strong retail business
complements our overall strategy of delivering the right solution to the
customer whether it's in retail, Internet, wholesale or international services."
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IXC's network-based delivery solutions are designed to address the speed and
capacity requirements of the global communications market. Having recently
completed the U.S.'s first new coast-to-coast fiber optic network in a decade,
IXC Communications, Inc. is at the forefront of the industry's new class of
emerging carriers. IXC's offerings include private line, broadband, Internet
and long distance switched and dedicated services. IXC is a publicly traded
company listed on Nasdaq under the symbol IIXC. IXC's Web site is located at
www.ixc-comm.com.
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Media Contact: Investor Contact:
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Melissa Jackson Jim Guthrie
Manager of Public Relations Executive Vice President,
(512) 231-5247 Chief Financial Officer
[email protected] (512) 427-3731
[email protected]
