<PAGE>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
( ) Form 10-K ( ) Form 20-F (X) Form 11-K ( )Form 10-Q ( )Form N-SAR
For the Period Ended: December 31, 1997
( ) Transition Report on Form 10-K
( ) Transition Report on Form 20-F
( ) Transition Report on Form 11-K
( ) Transition Report on Form 10-Q
( ) Transition Report on Form N-SAR
For the Transition Period Ended:
Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
Part I Registrant Information
Full Name of Registrant
Commonwealth Telephone Enterprises, Inc.
Address of Principal Executive Office
100 CTE Drive
Dallas, Pennsylvania 18612-9774
<PAGE>
Form 12b-25
Page 2
Part II Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
(x) (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(x) (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or portion thereof,
will be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report or transition
report on Form 10-Q, or portion thereof will be filed on or before the
fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
Part III Narrative
State below in reasonable detail the reasons why Form 10-K, 11-K, 10-Q, N-SAR or
the transition report or portion thereof could not be filed within the
prescribed time period. (Attached Extra Sheets if Needed)
The "Common-Wealth Builder" 401(k) savings plan, which is the subject of the
Form 11-K, requires the separate investment fund option information from the
trustee for disclosure in the notes of the financial statements for participant
and non-participant directed investment categories and programs. Effective
September 30, 1997, C-TEC Corporation (now Commonwealth Telephone Enterprises,
Inc.) effected a spin-off of two of its wholly-owned subsidiaries. New benefit
plans were established for the spun-off entities and participants' account
balances under the existing plan were transferred to the new plans, which
required the trustee to identify, segregate and transfer all 401(k) balances
relating to employees of those subsidiaries to the new plans. Consequently,
additional time is necessary to assemble the information necessary for the
completion of the audit and preparation of financial statements of the Plan and
to file a complete and accurate Form 11-K.
<PAGE>
Form 12b-25
Page 3
Part IV Other Information
(1) Name and telephone number of person to contact in regard to this
notification.
Ralph S. Hromisin (609) 734-3855
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer
is no, identify report(s).
[X] Yes [__] No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statement to be included in the subject report or portion thereof?
[__] Yes [X] No
If so; attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
Commonwealth Telephone Enterprises, Inc.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
whereunto duly authorized.
Date: June 26, 1998 By: /s/ Bruce C. Godfrey
Bruce C. Godfrey
Executive Vice President
Chief Financial Officer
