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 April 28, 1999
(Date of earliest event reported) (April 28, 1999)
CTC COMMUNICATIONS CORP.
(Exact name of registrant as specified in its charter)
Massachusetts 0-13627 04-2731202
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
360 Second Ave., Waltham, Massachusetts 02451
(Address of principal executive offices) (Zip Code)
(781) 466-8080
(Registrant's telephone number including area code)
(Former name or former address if changed since last
report)
<PAGE>
Item 5. Other Events
On April 28, 1999, the Registrant issued the following press release:
"CTC Communications' ICN Network is Operational
WALTHAM, Mass.--April 28, 1999--CTC Communications Corp. (NASDAQ NNM:CPTL)
announced today that its Integrated Communications Network (ICN) has
completed alpha testing, is operational and will begin carrying beta customer
traffic in May.
CTC has completed testing of its ICN backbone, fiber connectivity, Network
Operations Center and fourteen of its initial twenty-two nodes. The remaining
eight nodes are in various stages of implementation. CTC expects to launch
commercial network service this summer utilizing all twenty-two nodes. The
initial Network deployment will provide service within and between markets in
each of the New England States, New York, New Jersey and Maryland.
CTC's ICN is a certified Cisco Powered Network(TM) which includes a suite of
Cisco networking products supporting IP, frame relay and ATM, which will
enable CTC to provide its customers with a broad array of enhanced, value
added, high speed packet based services. ICN Network service offerings this
summer will include high-speed broadband ATM customer access to the ICN
Network through CTC's PowerPath(SM). PowerPath(SM) delivers integrated
services including long distance voice, data, video and Internet to the
customer location utilizing a variety of underlying technologies including
SDSL, Leased T1's and Fiber.
Robert J. Fabbricatore, Chairman of the Board and CEO of CTC stated, "In June
of 1998, CTC announced its plans to design and deploy the ICN Network. Today,
the Network is operational and will soon begin carrying live customer
traffic. The combined efforts of CTC, Cisco and International Network
Services Inc. (INS) over this past year have resulted in a customer centric,
state of the art, Cisco Powered Network(TM). We believe that CTC's Network
coupled with our data expertise and customer care processes will bring
flexible, high performance and cost effective packet based networking to our
business customers."
Frederic Kunzi, Vice President and Chief Technology Officer of CTC stated,
"The build-out of the ICN Network is progressing well and on schedule. CTC's
ICN Network support infrastructure, including its Network Operations Center
and Operations Support Systems, are operational in CTC's new Technology
Center in Waltham, Massachusetts. CTC's fully redundant, network back up
center in Springfield, Massachusetts will be on line and operational in May."
Steven P. Milton, President of CTC, stated, "The implementation of the ICN
Network this summer provides us the opportunity to deliver better, faster,
less costly, state of the art services to our customers while at the same
time improving operating efficiencies and margins. The ICN Network represents
another substantial milestone in our Company's growth".
<PAGE>
CTC is a rapidly growing provider of integrated communications solutions to
small and medium sized business customers in the Northeast U.S. It provides
an extensive array of voice and data services including local, long distance,
frame relay, Internet access and other advanced data services. The Company
markets its services through its 253 member sales and service representatives
located in 25 branch offices throughout Maine, New Hampshire, Vermont,
Massachusetts, Rhode Island, Connecticut, New York and Maryland. Company
headquarters are in Waltham, Massachusetts and CTC can be found on the
worldwide web at www.ctcnet.com.
The statements in this press release that relate to future plans, events or
performance are forward-looking statements that involve risk and
uncertainties that could cause actual results to differ materially from those
reflected in the forward-looking statements. Readers are, accordingly,
cautioned not to place undue reliance on these forward-looking statements,
which speak only as to the date hereof. Additional information about these
risks and uncertainties is set forth in the Company's most recent report on
Form 10-Q. CTC undertakes no obligation to release publicly the results of
any revisions to these forward-looking statements that may be made to reflect
results, events or circumstances after the date hereof.
CONTACT: CTC Communications Corp.
John D. Pittenger, (781) 466-1302
www.ctcnet.com"
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.
CTC COMMUNICATIONS CORP.
(Registrant)
By: /s/ John D. Pittenger
John D. Pittenger,
Executive Vice President,
Finance and Administration
April 28, 1999
