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 July 19, 1999
(Date of earliest event reported) (July 15, 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.)
220 Bear Hill Rd., 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)
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Item 5. Other Events
On July 15, 1999, the Registrant issued the following press release:
"CTC Communications, Bell Atlantic Launch Advanced Electronic Interface to
Promote Competition
NEW YORK, July 15 -- Bell Atlantic and CTC Communications Corp. (Nasdaq:
CPTL), a competing local phone company, can now quickly and easily exchange
information about customers who want to subscribe to CTC's service.
Bell Atlantic and CTC have implemented an advanced application of Electronic
Data Interchange (EDI), a set of standards used to speed the computer-to-
computer exchange of documents over phone lines. With this new application,
Bell Atlantic and CTC data centers are linked via a high-speed, dedicated and
secure data line to ease the electronic exchange of information needed to
rapidly convert a Bell Atlantic customer to CTC's services.
"The joint effort between Bell Atlantic and CTC over the past few months has
been highly productive and has significantly enhanced our existing EDI
capability with Bell Atlantic," said Bob Fabbricatore, chairman and chief
executive officer of CTC. "Bell Atlantic's commitment and flexibility in
developing, testing and implementing this interface has been most supportive
and noteworthy."
The implementation of the advanced EDI application is significant because it
provides high-speed, "hands free" data exchange in real-time.
"EDI eliminates manual intervention including data base entry tasks
previously required by CTC representatives," said Fabbricatore. "All this
adds up to improved customer service, productivity and billing quality."
CTC will use EDI to handle all tasks associated with signing on a new
customer, including obtaining authorized customer information from Bell
Atlantic's data center. For example, during the pre-ordering phase, CTC will
create an electronic record of a customer's name, address and current Bell
Atlantic phone services. In the ordering phase, CTC will use that information
to create an electronic request for Bell Atlantic to switch the customer to
CTC's services. During the post-ordering phase, CTC can check on the status
and verify the accuracy of the service order.
In addition, EDI will enable CTC to seamlessly and electronically populate
its account management, billing and financial systems.
Bell Atlantic's arrangement with CTC is one of the most sophisticated uses of
EDI by Bell Atlantic and a wholesale customer. It enables both CTC and Bell
Atlantic to operate and interface more effectively and efficiently.
"The development, testing and implementation of this advanced EDI arrangement
in such a short time clearly demonstrates what can be accomplished through
the joint effort of two committed companies," said Jack Goldberg, president
of Bell Atlantic Telecom Industry Services. "This is the way we like to work
with our wholesale customers as we continue to build our industry-standard
interfaces, provide easy access to our operations support systems and enhance
our capabilities as a leading wholesale provider."
<PAGE>
About Bell Atlantic
Bell Atlantic is at the forefront of the new communications and information
industry. With 43 million telephone access lines and nine million wireless
customers worldwide, Bell Atlantic companies are premier providers of
advanced wireline voice and data services, market leaders in wireless
services and the world's largest publishers of directory information. Bell
Atlantic companies are also among the world's largest investors in high-
growth global communications markets, with operations and investments in 23
countries.
About CTC Communications
CTC is a rapidly growing provider of integrated communications solutions to
medium and larger size 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 263 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 http://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 most recent Form 10-K reports of
CTC and Bell Atlantic. Neither CTC nor Bell Atlantic undertake any 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.
INTERNET USERS: Bell Atlantic news releases, executive speeches, news media
contacts and other useful information are available at Bell Atlantic's News
Center on the World Wide Web (http://www.ba.com). To receive news releases by
email, visit the News Center and register for personalized automatic delivery
of Bell Atlantic news releases.
/CONTACT: John D. Pittenger of CTC Communications Corp., 781-466-1302,
[email protected]; or Maureen Flanagan of Bell Atlantic, 212-395-3519,
[email protected]/"
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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
July 19, 1999
