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SECURITIES AND EXCHANGE COMMISSION
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) February 4, 1997
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TELEPORT COMMUNICATIONS GROUP INC.
(Exact Name of Registrant as specified in its Charter)
Delaware 0-20913 13-3173139
(State or Other jurisdiction of (Commission (IRS Employer of
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Incorporation) File Number) Identification No.)
One Teleport Drive, Staten Island, New York 10311
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number including area code (718) 355-2000
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ITEM 5
THE FOLLOWING IS A PRESS RELEASE DISTRIBUTION AS OF FEBRUARY 4, 1996:
Staten Island, NY -- Teleport Communications Group Inc. (TCG) today announced it
had completed the acquisition of CERFnet Services Inc., one of the nation's
premier Tier I Internet Services Providers (ISP). TCG last month announced its
intention to acquire San Diego-based CERFnet Services for 2.1 million shares of
TCG's Class A Common Stock.
TCG is the nation's largest and most experienced provider of competitive local
exchange services for information intensive businesses. Through its fiber optic
based networks, TCG currently serves 57 major markets, offering the most
advanced private line, switched and data services. TCG recently announced plans
to build eight new fiber optic networks in 1997 that when completed will raise
the number of markets served to 65. TCG is traded on the NASDAQ National Market
and is traded under the symbol: TCGI.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on its behalf of the undersigned,
thereunto authorized.
TELEPORT COMMUNICATIONS GROUP INC.
Dated: February 4, 1997 By: /s/ Maria Terranova-Evans
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Name: Maria Terranova-Evans
Title: Vice President and Controller
(Principal Accounting Officer)
