ITC DELTACOM INC
8-K, 1998-07-31
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Previous: ISI STRATEGY FUND INC, 485APOS, 1998-07-31
Next: NATIONSCREDIT GRANTOR TRUST 1997-2, 8-K, 1998-07-31



<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C.  20549

                                   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): July 29, 1998

                              ITC/\DELTACOM, INC.
            ------------------------------------------------------
            (Exact name of registrant as specified in its charter)
<TABLE> 
<CAPTION> 

<S>                                               <C>                  <C>
           Delaware                                    0-23253            58-2301135
- ------------------------------------------------  ------------------   ------------------
   (State or other jurisdiction                      (Commission         (IRS Employer
       of incorporation)                             File Number)      Identification No.)

</TABLE> 

                 1241 O.G. Skinner Drive, West Point, GA 31833
               ------------------------------------------------
                   (Address of principal executive offices)

    Registrant's telephone number, including area code:  (706) 645-3880
                                                         --------------  
<PAGE>
 
                    INFORMATION TO BE INCLUDED IN THE REPORT

Item 5.  OTHER EVENTS.
         -------------

          ITC/\DeltaCom, Inc. ("ITC/\DeltaCom") announced on July 29, 1998 that
its Board of Directors has declared a two-for-one stock split to be effected in
the form of a stock dividend.  ITC/\DeltaCom issued a press release on July 29,
1998 describing the stock split and providing additional information about
ITC/\DeltaCom.  Such press release is filed as Exhibit 99 hereto and is
incorporated by reference herein.



Item 7.  FINANCIAL STATEMENTS AND EXHIBITS.
         ----------------------------------



(c)  Exhibits.


     99.  Press release
<PAGE>
 
                                  SIGNATURES

     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 hereunto duly authorized.

                                        ITC/\DELTACOM, INC.

                                        /s/  J. THOMAS MULLIS
                                        ---------------------------
                                        J. THOMAS MULLIS
                                        SENIOR VICE PRESIDENT AND
                                          GENERAL COUNSEL



DATE: JULY 31, 1998
<PAGE>
 
                                 EXHIBIT INDEX
                                        

EXHIBIT NUMBER                               EXHIBIT
- --------------                    -------------------------------

      99.                                 PRESS RELEASE

<PAGE>
 
                                                                      EXHIBIT 99
                                                                      ----------



FOR IMMEDIATE RELEASE                  CONTACT:    DOUGLAS A. SHUMATE
                                       -------     SENIOR VICE PRESIDENT      
                                                   CHIEF FINANCIAL OFFICER
                                                   (706) 645-8189



                ITC/\DELTACOM ANNOUNCES TWO-FOR-ONE STOCK SPLIT
                                        
     WEST POINT, Georgia (July 29, 1998)  ITC/\DeltaCom, Inc. (NASDAQ/NM: ITCD)
today announced that its Board of Directors has declared a two-for-one stock
split in the form of a stock dividend.

     The record date for the stock split will be August 18, 1998.  Stockholders
of record at the market close on that date will receive one additional share of
ITC/\DeltaCom common stock for each share held.  Distribution of the additional
shares will take place on September 4, 1998.

     ITC/\DeltaCom, Inc., headquartered in West Point, Georgia provides
integrated telecommunications services to mid-sized and major regional
businesses in the southern United States, and is a leading regional provider of
wholesale long-haul services to other communications companies.  The Company's
business communication services include local exchange service, long distance,
enhanced data, Internet, and operator services, and the sale and maintenance of
customer premise equipment.  The Company operates 20 branch locations in eight
states, and its 10-state, 6,970-mile fiber optic network reaches over 60 points
of presence.  The Company has an interconnection agreement with BellSouth
Corporation for resale and access to unbundled network elements, and is a
certified Competitive Local Exchange Carrier (CLEC) in all nine BellSouth
states.


                                     -END-


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission