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) FEBRUARY 29, 2000
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CORECOMM LIMITED
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(Exact Name of Registrant as Specified in Charter)
Bermuda 0-24521 Not Applicable
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
Cedar House, 41 Cedar Avenue, Hamilton, Bermuda HM 12
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code (441) 295-2244
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(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events.
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On February 29, 2000, CoreComm Limited, unveiled its $10 million
state-of-the-art Technology Management Center in the greater Cleveland area.
Item 7. Financial Statements and Exhibits.
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Exhibits
99.1 Press Release, issued February 29, 2000
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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 LIMITED
(Registrant)
By: /s/ Richard J. Lubasch
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Name: Richard J. Lubasch
Title: Senior Vice President, General Counsel
and Secretary
Dated: March 6, 2000
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EXHIBIT INDEX
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Exhibit Page
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99.1 Press Release, issued February 29, 2000
Exhibit 99.1
[Logo of CoreComm Limited]
FOR DISTRIBUTION TUESDAY, FEBRUARY 29, 2000 AT 11:00 AM EST
CONTACT: Catherine Murphy, APR
Manager, Public Relations
440-720-2809
[email protected]
FOR IMMEDIATE RELEASE
CORECOMM UNVEILS $10 MILLION STATE-OF-THE-ART
TECHNOLOGY MANAGEMENT CENTER
TMC to Manage National Telephony and Internet Services Network
CLEVELAND - February 29, 2000 - CoreComm (NASDAQ: COMM), a regional
telephone company and national Internet Service Provider, today unveiled its $10
million state-of-the-art Technology Management Center (TMC) in the greater
Cleveland area.
The TMC monitors CoreComm's national facilities-based network, including
its Tier 1 Internet backbone network. Using the latest network management
software, the TMC is able to provide real-time response to ensure network
reliability and instant network upgrades to meet consumer demand for new
communication technologies.
"CoreComm's new TMC takes us to a whole new level among competitive local
exchange carriers (CLECs)," said Tom DellaRocco, vice president of Network
Services for CoreComm. "The TMC allows us to use our own people, systems and
innovations to provide technologically advanced customer service and network
system management, setting a new standard for excellence in the Internet and
telephone service marketplace."
CoreComm offers business and residential customers a variety of
communications services, including local and long distance telephone services,
Internet, and data services. CoreComm offers local and long distance services
throughout the midwestern and eastern U.S., and Internet service nationwide.
CoreComm launched its local telephone service offering in Ohio in March
1998. Today, it remains the only alternative choice for local telephone service
that actively markets to residential consumers in Ohio.
"When we opened our operations headquarters in Cleveland last year, we
wanted to make a significant investment in the community," said Patty J. Flynt,
president of CoreComm. "As a corporate citizen, we know the importance of
contributing to the economic vitality of the communities we serve through the
creation of jobs and economic development opportunities."
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CoreComm TMC
Page 2
The TMC is the heart of CoreComm's facilities-based network build strategy,
called Smart Local Exchange Carrier or 'Smart LEC.' The strategy focuses on
building those parts of the network that allow for better control the customer
experience, deliver the latest in technology and services, and generate
increased returns on capital.
The TMC houses the latest in call routing and switching equipment for local
and long distance telephone services and features, and Digital Subscriber Line
(DSL) technology for high-speed Internet access. Construction of the facility
required the use of over 20 contractors and suppliers and more than 100 local
craftspersons. The facility operates 24 hours, seven days a week and is staffed
by 25 highly skilled technical professionals.
CoreComm's TMC features the first time a competitive local telephone
company has used WatchMark's network monitoring software, which is capable of
instantly accommodating changes and real-time responses within the network as
well as additions and upgrades to network elements. WatchMark is a Lucent
Technologies venture. The multi-year deal with WatchMark includes the
integration and ongoing professional support of WatchMark software in the
CoreComm TMC.
"CoreComm is an ideal customer for WatchMark software, since it operates in a
multi-vendor network with diverse and growing, service requirements," said
Steve Roberts, CEO of WatchMark Corp. "The ultimate competitive advantage
for CLECs today is highly reliable service with efficient network
maintenance. We believe that CoreComm represents a new breed of competitive
carrier, and we're glad to work with it as it grows its business."
CoreComm is a full-service regional telephone company and national Internet
Service Provider. CoreComm's operations are based in Cleveland. For more
information about products and services, call toll-free 1-877-CORECOM
(1-877-267-3266) or visit www.core.com.
For more information on WatchMark Corp., call 972-470-3507 or visit
www.watchmark.com.
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