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): October 20, 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
October 20, 1994
Item 5. Other Events
On October 20, 1994, NYNEX Corporation ("NYNEX"),
Bell Atlantic Corporation ("Bell Atlantic"),
AirTouch Communications Inc. ("AirTouch") and U S West Inc.
("U S WEST") announced that they have signed
definitive agreements to form a venture to provide
national wireless communications services. The
venture is comprised of two partnerships. One
partnership will bid for licenses in the Federal
Communications Commission's ("FCC") auction of
licenses for personal communications services
("PCS") and deploy PCS services. That partnership
will be governed by a board made up of three
members representing Bell Atlantic and NYNEX and
three members representing AirTouch and
U S WEST. The second partnership will develop
technical and service standards and a national
branding and marketing strategy for both cellular
and PCS services. That partnership will be
governed by a board made up of three members
representing Bell Atlantic and NYNEX, three
members representing AirTouch and U S WEST and one
independent member.
In June, Bell Atlantic and NYNEX announced the
formation of a joint venture to combine their
domestic cellular properties. In July, AirTouch
and U S WEST announced the formation of a joint
venture to combine their domestic cellular properties.
The cellular properties of the Bell Atlantic/NYNEX
joint venture will be managed and owned as a separate
entity from the AirTouch/U S WEST joint venture.
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Form 8-K NYNEX CORPORATION
October 20, 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 thereunto duly authorized.
NYNEX CORPORATION
By John M. Clarke
John M. Clarke
Vice President - Law
October 28, 1994
