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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): May 21, 1999
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OPTEL, INC.
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(Exact name of registrant as specified in its charter)
Delaware 95-4495524
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(State or other jurisdiction (I.R.S. Employer Identification
of incorporation or organization) Number)
333-24881
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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) 634-3800
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ITEM 5. OTHER MATERIALLY IMPORTANT EVENTS
On May 21, 1999, the Registrant issued the press release attached
hereto as Exhibit 99.1.
ITEM 7. EXHIBITS
Press Release, dated May 21, 1999.
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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: May 21, 1999
OpTel, Inc.
(Registrant)
By: /s/ MICHAEL E. KATZENSTEIN
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Name: Michael E. Katzenstein
Title: Vice President, General Counsel
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EXHIBIT INDEX
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<CAPTION>
Exhibit
No. Description Page No.
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<S> <C> <C>
99.1 Press Release, dated May 21, 1999
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OpTel, Inc
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Dallas, Texas (May 21, 1999): OpTel, Inc. announced today that based on current
market conditions, it has determined not to go forward at this time with its
previously announced proposed initial public offering of common stock. For
further information, contact Waqar Nasim, Treasurer, at (214) 879-8257.
