<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) OCTOBER 15, 1997
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CORECOMM INCORPORATED
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-19869 13-3927257
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
110 East 59th Street, New York, New York 100022
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code (212)906-8485
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__________________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
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On October 15, 1997, the Company announced preliminary subscriber count and
service revenues for its wholly owned subsidiary's operation in Puerto Rico for
the quarter ended September 30, 1997.
<TABLE>
<CAPTION>
THREE MONTHS ENDED SEPTEMBER
30
1997 1996
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<S> <C> <C>
Service revenues $ 31,541,000 $ 31,056,000
Ending cellular subscribers 181,900 149,800
Ending pagers in use 43,200 25,500
</TABLE>
Discussion of Results
Service revenues increased to $31,541,000 from $31,056,000 as a result
of subscriber growth. As a result of the lower average revenue of new
subscribers, a migration of subscribers to less expensive rate plans, and a
decrease in minutes of use of existing subscribers, average monthly revenue per
cellular subscriber for the third quarter decreased to $59 in 1997 from $72 in
1996.
A copy of the press release issued by the Company announcing the above
is attached hereto as an exhibit and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
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Exhibits
99 Press Release issued October 15, 1997.
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SIGNATURES
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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 thereunto duly authorized.
CORECOMM INCORPORATED
(Registrant)
By: /s/ Richard J. Lubasch
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Name: Richard J. Lubasch
Title: Senior Vice President-General Counsel
& Secretary
Dated: October 15, 1997
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EXHIBIT INDEX
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Exhibit Page
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99 Press Release issued October 15, 1997.
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[LOGO & LETTERHEAD OF CORECOMM INCORPORATED APPEARS HERE]
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CORECOMM INCORPORATED ANNOUNCES CCPR
REVENUE AND SUBSCRIBERS FOR
THIRD QUARTER ENDED 1997
New York, New York (October 15, 1997). CORECOMM INCORPORATED (NASDAQ: COMM)
announced preliminary subscriber count and service revenues for its wholly owned
subsidiary's operation in Puerto Rico for the quarter ended September 30, 1997.
<TABLE>
<CAPTION>
THREE MONTHS ENDED SEPTEMBER 30
1997 1996
-----------------------------------
<S> <C> <C>
Service revenues $ 31,541,000 $ 31,056,000
Ending cellular subscribers 181,900 149,800
Ending pagers in use 43,200 25,500
</TABLE>
Discussion of Results
Service revenues increased to $31,541,000 from $31,056,000 as a result of
subscriber growth. As a result of the lower average revenue of new subscribers,
a migration of subscribers to less expensive rate plans, and a decrease in
minutes of use of existing subscribers, average monthly revenue per cellular
subscriber for the third quarter decreased to $59 in 1997 from $72 in 1996.
***
For further information contact: Stanton Williams, Vice President - Chief
Financial Officer or Richard J. Lubasch, Senior Vice President - General Counsel
at (212) 906-8485.
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