CORECOMM LTD
8-K, 1998-09-04
RADIOTELEPHONE COMMUNICATIONS
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                       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) SEPTEMBER 1, 1998
                                                        -----------------

                                CORECOMM LIMITED
- --------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


          Bermuda                    0-24521                   Not Applicable 
- --------------------------------------------------------------------------------
(State or Other Jurisdiction       (Commission                 (IRS Employer
      of Incorporation)            File Number)              Identification No.)

 

Cedar House, 41 Cedar Ave., Hamilton, Bermuda                        HM 12
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                          (Zip Code)


Registrant's Telephone Number, including area code (441) 295-2244
                                                   --------------


          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)

<PAGE>


Item 5.   Other Events.
- ------    ------------
 
     On September 2, 1998,  CoreComm  Incorporated ("Old CoreComm")  conducted a
distribution  to its  shareholders  of all the common  stock of its wholly owned
subsidiary,  CoreComm Limited,  a Bermuda company (the "Company").  On that date
the Company  traded on the Nasdaq  National  Market on a when issued basis under
the symbol "COMFV".  On September 3, 1998, the Company  commenced  trading under
its permanent symbol "COMMF".


Item 7.   Financial Statements and Exhibits
- ------    ---------------------------------

          Exhibits

99.1      Press release, dated September 1, 1998


<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 thereunto duly authorized.



                                  CORECOMM LIMITED
                                    (Registrant)


                                  By: /s/ Richard J. Lubasch           
                                  ---------------------------------------------
                                  Name:   Richard J. Lubasch
                                  Title:  Senior Vice President-General Counsel
                                            and Secretary



Dated: September 4, 1998

<PAGE>


                                  EXHIBIT INDEX
                                  -------------


Exhibit                                                                  Page
- -------                                                                  ----

99.1     Press release, dated September 1, 1998



                                                                    EXHIBIT 99.1

FOR IMMEDIATE RELEASE


                         CORECOMM INCORPORATED ANNOUNCES
                   SEPTEMBER 2, 1998 DISTRIBUTION OF CORECOMM
                             LIMITED TO SHAREHOLDERS
                                 AND NAME CHANGE



     New  York,  New York  (September  1,  1998) -  CoreComm  Incorporated  (the
"Company" or "Old CoreComm")  announced that tomorrow,  Wednesday,  September 2,
1998, it will conduct the previously  announced  distribution to shareholders of
all the common stock of its wholly owned subsidiary, CoreComm Limited, a Bermuda
company  ("Newco").  On that date Newco will trade on the Nasdaq National Market
on a when issued basis under the symbol "COMFV".  Beginning Thursday,  September
3, 1998, Newco will trade under its permanent symbol "COMMF".

     The Company also announced  that  effective  today Old CoreComm has changed
its name to "Cellular  Communications of Puerto Rico, Inc." Beginning  September
2, 1998, the renamed entity will trade on the Nasdaq  National  Market under the
symbol "CLPR", but will not trade ex-dividend until the following day, September
3, 1998.


                                      *****


     For further information contact:  Richard J. Lubasch, Senior Vice President
- - General Counsel or Jeffrey G. Wyman,  Assistant General Counsel, both at (212)
906-8440.


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