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) APRIL 21, 1998
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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 10022
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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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CoreComm Incorporated ("CoreComm") has previously announced that it has
begun to pursue communications related opportunities outside of Puerto Rico. For
example, a subsidiary of CoreComm was the winning bidder for 15 Local Multipoint
Distribution Services licenses in Ohio totaling approximately 10.5 million pops.
In addition, capitalizing on the considerable experience of a related
company in the United Kingdom, NTL Incorporated, the Company has begun to enter
the local telephone business in the U.S., including by acquisition of Digicom,
Inc., a reseller of Centrex business telephone in Ohio.
On April 21, 1998, the Company continued forward with its strategic plan by
acquiring all of the assets of Wireless Outlet, Inc., a wireless reseller that
focuses on prepaid cellular principally in Ohio. In order to facilitate the
funding of these opportunities, CoreComm is presently contemplating contributing
its non-Puerto Rico/U.S. Virgin Islands assets to a new company and partially
spinning out that entity to CoreComm's shareholders at the time of the spin.
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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: April 22, 1998
