POLAND COMMUNICATIONS INC
424B3, 1997-05-27
CABLE & OTHER PAY TELEVISION SERVICES
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<PAGE>   1
 
  FILED PURSUANT TO RULE 424(B)(3)
  REGISTRATION NO. 333-20307
 
                             PROSPECTUS SUPPLEMENT
                        TO PROSPECTUS DATED MAY 14, 1997
 
                          POLAND COMMUNICATIONS, INC.
 
            Offer to Exchange 9 7/8% Series B Senior Notes Due 2003
        For Any and All of Its Outstanding 9 7/8% Senior Notes Due 2003
 
     This Prospectus Supplement is being furnished to holders ("Holders") of
9 7/8% Senior Notes due 2003 in connection with the Offer to Exchange 9 7/8%
Series B Senior Notes due 2003 of Poland Communications, Inc. (the "Company")
for any and all of the Company's outstanding 9 7/8% Senior Notes Due 2003
pursuant to the Prospectus dated May 14, 1997. This Prospectus Supplement
describes a recent development about which Company would like to inform the
Holders.
 
  THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
 EXCHANGE COMMISSION (THE "COMMISSION") OR ANY STATE SECURITIES COMMISSION NOR
 HAS THE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY
 OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
 
            The date of this Prospectus Supplement is May 27, 1997.
<PAGE>   2
 
                             AVAILABLE INFORMATION
 
     The Company is subject to the informational requirements of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and in accordance
therewith, is required to file reports, proxy statements and other information
with the Commission. Such reports, proxy statements and other information, when
filed by the Company, can be inspected and copied at the public reference
facilities maintained by the Commission at Judiciary Plaza, 450 Fifth Street,
N.W., Washington, D.C. 20549, and at the Commission's Regional Offices at 7
World Trade Center, New York, NY 10048 and the Northwestern Atrium Center, 500
West Madison Street, Room 1400, Chicago, Illinois 60661. Copies of such
material, when filed by the Company, can be obtained at prescribed rates from
the Public Reference Section of the Commission at Judiciary Plaza, 450 Fifth
Street, N.W., Washington, D.C. 20549. The Commission maintains a Web site at
http://www.sec.gov that contains reports, proxy and information statements and
other information regarding issuers that file electronically with the
Commission.
 
     This Prospectus Supplement constitutes part of a Registration Statement on
Form S-4 (together with all amendments and exhibits thereto, the "Registration
Statement") and does not contain all of the information set forth in the
Registration Statement, certain parts of which have been omitted in accordance
with the rules and regulations of the Commission. Pursuant to Rule 424(b)(3) of
the Securities Act of 1933, as amended, this Prospectus Supplement will be filed
with the Commission electronically via EDGAR. For further information with
respect to the Company and the securities offered hereby, reference is made to
the Registration Statement.
 
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<PAGE>   3
 
                               RECENT DEVELOPMENT
 
     In addition to developing its existing cable television and programming
businesses, management intends to expand the Company's distribution by
developing a complementary digital satellite direct to home television ("DTH")
service in Poland. Establishing a DTH service will require significant
investment in satellite transponder capacity, encryption technology and
reception and decryption equipment. In addition, a DTH service will require
obtaining one or more broadcast licenses from relevant regulatory authorities.
 
     In order to facilitate this expansion, management intends to establish a
new holding company which will own PCI and a new separate subsidiary to develop
the DTH business. The proposed reorganization, if it occurs, should not have any
material adverse affect on the rights of holders of the Notes. Management is
currently exploring alternatives to finance the investments required to
establish a DTH service, including the public offering of equity securities by
the new holding company. There can be no assurance, however, that such sources
of financing would be available in the future or, if available, could be
obtained on terms acceptable to management or whether or when a DTH service
could be successfully launched.
 
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