JONES INTERCABLE INC
424B3, 1997-12-29
CABLE & OTHER PAY TELEVISION SERVICES
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<PAGE>
 
                                Filed pursuant to Rule 424(b)(3) and Rule 424(c)
                                                      Registration No. 333-40147


                       SUPPLEMENT DATED DECEMBER 22, 1997
                     TO PROSPECTUS DATED DECEMBER 18, 1997

                             ______________________
                                        
                             JONES INTERCABLE, INC.
                              CLASS A COMMON STOCK
                             ______________________
                                        

     Jones Entertainment Group, Ltd., Jones Space Segment, Inc., Jones Global
Group, Inc. and Jones Interdigital, Inc., each a Selling Shareholder, have sold
136,946, 48,705, 23,472 and 877 shares, respectively, of Class A Common Stock of
Jones Intercable, Inc. (the "Shares") for an aggregate sales price of
$3,255,000.00 through Lehman Brothers Inc. The Shares were sold to Lehman
Brothers Inc. for a net price of $15.50 per share.


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