NYNEX CORP
10-K/A, 1994-04-05
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
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                                 FORM 10-K/A

                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC  20549

(Mark one)
( X )            ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the fiscal year ended December 31, 1993

                                      OR

(   )            TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934
                 For the transition period from         to        

                        Commission file number 1-8608

                              NYNEX CORPORATION

      A Delaware                                   I.R.S. Employer       
      Corporation                            Identification No. 13-3180909

            1113 Westchester Avenue, White Plains, New York 10604

                       Telephone Number (914) 644-6400

Securities registered pursuant to Section 12(b) of the Act:

                                                 Name of each exchange on
  Title of each class                                which registered    
Common Stock (par value                          New York, Boston, Chicago,
    $1.00 per share)                              Pacific and Philadelphia
                                                        Stock Exchanges
Twenty year 9.55%  Debentures                         
  due May 1, 2010                                New York Stock Exchange,Inc.

Securities registered pursuant to Section 12(g) of the Act:  None.

    At February 28, 1994, approximately 417,068,000 shares of Common Stock 
were outstanding.

    At February 28, 1994, the aggregate market value of the voting stock held 
by nonaffiliates was approximately $15,527,000,000.

    Indicate by check mark whether the Registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
Registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days.  Yes ..X... No ......

    Indicate by check mark if disclosure of delinquent filers pursuant to 
Item 405 of Regulation S-K is not contained herein, and will not be 
contained, to the best of Registrant's knowledge, in definitive proxy or 
information statements incorporated by reference in Part III of this 
Form 10-K or any amendment to this Form 10-K.  [   ]

                     DOCUMENTS INCORPORATED BY REFERENCE:

(1) Portions of the Registrant's Proxy Statement dated March 21, 1994
    issued in connection with the 1994 Annual Meeting of Stockholders 
    (Parts II and III).

                               AMENDMENT NO. 1

The Registrant hereby amends the following Consolidated Financial Statement 
Schedule, "Schedule V-Property, Plant and Equipment" on its Annual Report on 
Form 10-K for the fiscal year ended December 31, 1993, to correct a 
typographical error in "Other Changes" for "Total Plant" to read $19.4 
million, as set forth in the following page.

<PAGE>
<TABLE>
                                                     NYNEX CORPORATION                             Schedule V - Page 1 of 4
                                         CONSOLIDATED FINANCIAL STATEMENT SCHEDULE
                                         SCHEDULE V - PROPERTY, PLANT AND EQUIPMENT
                                                   (Dollars in Millions)
<CAPTION>
                                                                                                                            
    COLUMN A                                  COLUMN B        COLUMN C         COLUMN D         COLUMN E          COLUMN F  
                                               Balance                                                            Balance
                                                 at            Additions                          Other             at
                                               12/31/92        at Cost (a)   Retirements (b)     Changes (c)      12/31/93  

<S>                                          <C>             <C>                <C>             <C>              <C>                
Land and Land Improvements. . . . . . . .    $   166.0       $    3.0              -            $  (4.4)         $   164.6

Buildings . . . . . . . . . . . . . . . .      2,725.8          133.5            55.7              (7.6)           2,796.0

Furniture and Other Equipment . . . . . .      1,438.9          236.7           124.7             (88.8)           1,462.1

Telephone Plant and Equipment
  Central Office Equipment. . . . . . . .     12,734.2        1,065.9(f)        762.9               1.8           13,039.0
  Cable and Wiring. . . . . . . . . . . .      9,174.0          672.5(f)        143.3             115.4            9,818.6
  Conduit and Poles . . . . . . . . . . .      2,789.9          146.7            16.1               2.5            2,923.0
  Station and Terminal Equipment. . . . .      2,134.9          265.7           682.6               7.9            1,725.9
  Other . . . . . . . . . . . . . . . . .      1,027.0          114.1            78.4              (0.3)           1,062.4

Plant Under Construction. . . . . . . . .        693.9        1,764.5         1,677.5(e)            5.9              786.8

Other . . . . . . . . . . . . . . . . . .        193.8           21.6            11.4             (13.0)              191.0

TOTAL PLANT . . . . . . . . . . . . . . .     33,078.4        4,424.2(d)      3,552.6              19.4            33,969.4



See page 4 of 4 for description of (a), (b), (c), (d), (e) and (f).
</TABLE>



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