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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
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Date of Report (Date of
Earliest event reported): June 8, 1998
OPTEL, INC.
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(Exact name of registrant as specified in its charter)
Delaware 90-4495524
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(State or other jurisdiction (I.R.S. Employer Identification
of incorporation or organization) number)
333-24891
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(Commission File Number)
1111 West Mockingbird Lane, Suite 1000, Dallas, Texas 75247
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (214) 634-3000
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ITEM 5: OTHER MATERIALLY IMPORTANT EVENTS
On June 8, 1998, the Registrant issued the press release attached hereto
as Exhibit "A" announcing the filing with the Securities and Exchange
Commission of a registration statement for a primary offering of shares of its
Class A Common Stock.
ITEM 7. EXHIBITS
Press Release, dated June 8, 1998.
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SIGNATURE
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.
Date: June 8, 1998
OpTel, Inc.
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(Registrant)
By:/s/ MICHAEL E. KATZENSTEIN
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Name: Michael E. Katzenstein
Title: Vice President, Legal Affairs,
General Counsel and
Secretary
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EXHIBIT INDEX
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Exhibit
No. Description Page No.
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99 Press Release dated June 8, 1998
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OPTEL, INC. PLANS OFFERING OF $100 MILLION GROSS PROCEEDS OF CLASS A COMMON
STOCK
Dallas, Texas - OpTel, Inc. announced today that it has filed with the
Securities and Exchange Commission a registration statement for a primary
offering of shares of its Class A Common Stock for aggregate gross proceeds of
approximately $100 million. The proceeds will be used for capital expenditures
related to the purchase and installation of communications equipment and for
general corporate purposes, including working capital related to its expansion
into new markets.
The offering will be made only by means of a prospectus.
