HYPERION TELECOMMUNICATIONS INC
8-K, 1997-06-20
CABLE & OTHER PAY TELEVISION SERVICES
Previous: HYPERION TELECOMMUNICATIONS INC, 10-K, 1997-06-20
Next: STAFFMARK INC, S-8, 1997-06-20



                       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 20, 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


















Item 5.           Other Events

The attached information provides certain financial and business information of
Hyperion Telecommunications, Inc. (the "Company") for the three months ended
March 31,1997, 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 99.01 - "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:    June 20, 1997              HYPERION TELECOMMUNICATIONS, INC.
                                            (Registrant)


                                            By: /s/Timothy J. Rigas
                                            Timothy J. Rigas
                                            Vice Chairman, Treasurer and
                                            Chief Financial Officer

























EXHIBIT INDEX

Exhibit No.                Description

Exhibit  99.01 -           "Schedule E - Form of Financial Information and 
                            Operating Data of the Subsidiaries and the Joint
                            Ventures Presented by Cluster".




                                                               Exhibit 99.01
<TABLE>
<CAPTION>
                                   SCHEDULE E

                        Hyperion Telecommunications, Inc.

                Form of Financial Information and Operating Data
         of the Subsidiaries and the Joint Ventures Presented by Cluster

Data presented for the quarter ended:                 3/31/97

                 Unaudited                                                  ***
                                         North         Mid-        Mid-    Other           
                                          East       Atlantic     South   Networks    Total

FINANCIAL DATA (dollars in thousands):
<S>                                   <C>         <C>         <C>        <C>        <C>       
Total Revenue                         $  1,574.9  $    800.6  $    419.9 $  2,452.1 $  5,247.5
Total Capital Expenditures              16,334.2    24,571.0     9,029.9    1,321.6   51,256.7
Total EBITDA                               (85.6)   (1,251.2)       98.2      947.7     (290.9)


Gross Property, Plant & Equipment       51,340.4    89,012.3    26,696.1   61,335.1  228,383.9



Proportional Revenue *                     922.0       334.0       293.2    1,208.7    2,757.9
Proportional Capital Expenditures *     16,333.5    12,293.6     7,814.1    2,868.3   39,309.5
Proportional EBITDA *                      (79.3)     (503.0)       96.9      475.1      (10.3)


Proportional Gross PP&E *             $ 37,510.3  $ 38,135.6  $ 19,274.0 $ 28,205.2 $123,125.1

STATISTICAL DATA
(additions for the quarter):
Route Miles                                    9          84         100        106        299
Fiber Miles                                  464       4,032       4,800      5,053     14,349
Buildings connected                            8          35          19         25         87
LEC-COs collocated **                       --             6        --         --            6
Voice Grade Equivalent Circuits            9,072      50,760       3,672     18,984     82,488

(as of March 31, 1997)
Networks in Operation                          5           6           2          2         15
Route Miles                                1,126       1,093         484        758      3,461
Fiber Miles                               54,060      52,455      23,232     36,384    166,131
Buildings connected                          336         370         229        335      1,270
LEC-COs collocated **                         14          57          17         16        104
Voice Grade Equivalent Circuits          122,472     144,792      47,400    151,392    466,056


<FN>


*  Represents portion of revenue attributable to the Company.
**  Local Exchange Carrier's central office
*** Other Network amounts includes Network Control Centers and Corporate Capital 
     Expenditures and Gross Property, Plant and Equipment

</FN>
</TABLE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission