SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): June 30, 1994
NYNEX CORPORATION
A Delaware Commission File I.R.S. Employer Identification
Corporation Number 1-8608 No. 13-3180909
1095 Avenue of the Americas, New York, New York 10036
Telephone number (212) 395-2121
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Form 8-K NYNEX Corporation
June 30, 1994
Item 5. Other Events
On June 30, 1994, NYNEX Corporation ("NYNEX") and Bell Atlantic
Corporation ("Bell Atlantic") announced the formation of a
joint venture that will combine NYNEX's and Bell Atlantic's
domestic cellular services properties and will bid in the
Federal Communications Commission's auction of licenses for
personal communications services ("PCS"). Initially, Bell
Atlantic will own 62.35 percent of the joint venture and
NYNEX will own 37.65 percent. NYNEX has the right to increase
its share to 40 percent by contributing an additional $500 million
to the joint venture. The transaction is expected to close in the
second quarter of 1995. The joint venture will be controlled
equally by both companies.
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Form 8-K NYNEX Corporation
June 30, 1994
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.
NYNEX Corporation
By R. F. Burke
R. F. Burke
Executive Vice President,
General Counsel and Secretary
July 5, 1994
