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) February 13, 1997
HYPERION TELECOMMUNICATIONS, INC.
(Exact name of registrant as specified in charter)
Delaware 333-06957 25-1669404
(State or other (Commission File Number) (IRS Employer
jurisdiction of incorporation) Identification No.)
Main at Water Street - Coudersport, PA 16915
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (814) 274-9830
<PAGE>
Item 5. Other Events
The attached information provides certain financial and business information of
Hyperion Telecommunications, Inc. (the "Company") for the three months ended
December 31, 1996, pursuant to Section 4.03(iii) of the Indenture dated April
15, 1996 with respect to the 13% Senior Discount Notes.
Item 7. Financial Statements and Exhibits
(c) The following exhibit is filed as part of this report on Form 8-K:
Exhibit 10.01 - "Schedule E - Form of Financial Information and Operating Data
of the Subsidiaries and the Joint Ventures Presented by Cluster".
SIGNATURE
Pursuant to the requirements of the Security Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: February 13, 1997 HYPERION TELECOMMUNICATIONS, INC.
(Registrant)
By: /s/Timothy J. Rigas
Timothy J. Rigas
Vice Chairman, Treasurer and
Chief Financial Officer
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
Exhibit 10.01 - "Schedule E - Form of Financial Information and
Operating Data of the Subsidiaries and the Joint
Ventures Presented by Cluster".
<TABLE>
<CAPTION>
SCHEDULE E
Exhibit 10.01
Hyperion Telecommunications, Inc.
Form of Financial Information and Operating Data
of the Subsidiaries and the Joint Ventures Presented by Cluster
Data presented for the fiscal quarter ended:
12/31/96
Unaudited
North East Mid-Atlantic Mid-South Other Networks *** Total
FINANCIAL DATA (dollars in thousands):
<S> <C> <C> <C> <C> <C>
Total Revenue $ 1,416.7 $ 614.5 $ 328.3 $ 1,438.0 $ 3,797.5
Total Capital Expenditures 2,128.0 11,254.5 4,235.0 4,164.0 21,781.5
Total EBITDA 422.1 (650.8) (177.1) 284.8 (121.0)
Gross Property, Plant & Equipment *** 34,379.2 64,441.0 23,344.9 56,638.8 178,803.9
Proportional Revenue * 801.5 261.5 250.9 406.7 1,720.6
Proportional Capital Expenditures * 1,227.3 5,151.3 2,815.7 992.3 10,186.6
Total EBITDA * 256.2 (310.0) (118.1) 118.4 (53.5)
Proportional Gross Property, Plant & Equipment *** $ 21,176.6 $ 26,420.1 $ 16,884.1 $ 24,445.5 $ 88,926.3
STATISTICAL DATA
(additions for the quarter)
Route miles 33 223 20 - 276
Fiber miles 1,542 10,709 960 - 13,211
Buildings connected 34 26 9 13 82
LEC-COs collocated** 6 3 - - 9
Voice Grade Equivalent Circuits 11,448 28,368 4,464 23,208 67,488
(as of December 31, 1996)
Networks in Operation 5 6 2 2 15
Route miles 1,117 1,009 384 653 3,163
Fiber miles 53,596 48,423 18,432 31,331 151,782
Buildings connected 328 335 210 310 1,183
LEC-COs collocated** 14 51 17 16 98
Voice Grade Equivalent Circuits 113,400 94,032 43,728 132,408 383,568
<FN>
* Represents portion of revenue attributable to the Company
** Local Exchange Carrier's central office
***Other Network amounts includes Network Control Centers and Corporate Gross Property, Plant and Equipment
</FN>
</TABLE>
