DCI TELECOMMUNICATIONS INC
SC 13G, 1998-12-14
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                              (Amendment No. ___)*

                          DCI TELECOMMUNICATIONS, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                         Common Stock, $.0001 par value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   233 094 200
           -----------------------------------------------------------
                                 (CUSIP Number)

                                December 3, 1998
- --------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


        Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

        [ ] Rule 13d-1(b)

        [X] Rule 13d-1(c)

        [ ] Rule 13d-1(d)

        *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

        The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).


                                Page 1 of 8 pages
<PAGE>   2

CUSIP No.        233 094 200
- --------------------------------------------------------------------------------
         1.      Names of Reporting Persons I.R.S. Identification Nos. of Above 
                 Persons (entities only).

                         IXC Communications, Inc.
- --------------------------------------------------------------------------------
         2.      Check the Appropriate Box if a Member of a Group 
                 (See Instructions)
                 (a)  [ ]
                 (b)  [ ]
- --------------------------------------------------------------------------------
         3.      SEC Use Only
- --------------------------------------------------------------------------------
         4.      Citizenship or Place of Organization
                          Delaware
- --------------------------------------------------------------------------------
Number of        5.       Sole Voting Power            -0-
Shares          ----------------------------------------------------------------
Beneficially     6.       Shared Voting Power       4,250,000
Owned by        ----------------------------------------------------------------
Each             7.       Sole Dispositive Power       -0-
Reporting       ----------------------------------------------------------------
Person With:     8.       Shared Dispositive Power  4,250,000
- --------------------------------------------------------------------------------
         9.      Aggregate Amount Beneficially Owned by Each Reporting Person
                 4,250,000
- --------------------------------------------------------------------------------
        10.      Check if the Aggregate Amount in Row (9) Excludes Certain 
                 Shares (See Instructions)
- --------------------------------------------------------------------------------
        11.      Percent of Class Represented by Amount in Row (9)     16.4%
- --------------------------------------------------------------------------------
        12.      Type of Reporting Person (See Instructions)
- --------------------------------------------------------------------------------
                          CO
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------


                                Page 2 of 8 pages
<PAGE>   3

CUSIP No.        233 094 200
- --------------------------------------------------------------------------------
         1.      Names of Reporting Persons I.R.S. Identification Nos. of Above 
                 Persons (entities only).

                          IXC Communications Services, Inc.
- --------------------------------------------------------------------------------
         2.      Check the Appropriate Box if a Member of a Group 
                 (See Instructions)
                 (a)   [ ]
                 (b)   [ ]
- --------------------------------------------------------------------------------
         3.      SEC Use Only
- --------------------------------------------------------------------------------
         4.      Citizenship or Place of Organization
                          Delaware
- --------------------------------------------------------------------------------
Number of        5.      Sole Voting Power            -0-
Shares
Beneficially     6.      Shared Voting Power       4,250,000
Owned by
Each             7.      Sole Dispositive Power       -0-
Reporting
Person With:     8.      Shared Dispositive Power  4,250,000
- --------------------------------------------------------------------------------
         9.      Aggregate Amount Beneficially Owned by Each Reporting Person   
                 4,250,000
- --------------------------------------------------------------------------------
        10.      Check if the Aggregate Amount in Row (9) Excludes Certain
                 Shares (See Instructions)
- --------------------------------------------------------------------------------
        11.      Percent of Class Represented by Amount in Row (9)     16.4%
- --------------------------------------------------------------------------------
        12.      Type of Reporting Person (See Instructions)
- --------------------------------------------------------------------------------
                          CO
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------


                                Page 3 of 8 pages
<PAGE>   4

Item 1.
            (a)   Name of Issuer:

                           DCI Telecommunications, Inc.

            (b)   Address of Issuer's Principal Executive Offices:

                           511 Access Road
                           Stratford, Connecticut 06615
Item 2.

            (a)   Name of Person Filing:

                           IXC Communications, Inc.

            (b)   Address of Principal Business Office or, if none, Residence:

                           1122 Capital of Texas Highway South
                           Austin, Texas 78746

            (c)   Citizenship:

                           United States

            (d)   Title of Class of Securities: 

                           Common Stock, $.0001 par value

            (e)   CUSIP Number:

                        233 094 200

Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
        240.13d-2(b) or (c), check whether the person filing is a:

            (a)   [ ]      Broker or dealer registered under section 15 of the 
                           Act (15 U.S.C. 78o).

            (b)   [ ]      Bank as defined in section 3(a)(6) of the Act 
                           (15 U.S.C. 78c).

            (c)   [ ]      Insurance company as defined in section 3(a)(19) of 
                           the Act (15 U.S.C. 78c).

            (d)   [ ]      Investment company registered under section 8 of the
                           Investment Company Act of 1940 (15 U.S.C. 80a-8).

            (e)   [ ]      An investment adviser in accordance with Section 
                           240.13d-1(b)(1)(ii)(E);

            (f)   [ ]      An employee benefit plan or endowment fund in 
                           accordance with Section 240.13d-1(b)(1)(ii)(F); 

            (g)   [ ]      A parent holding company or control person in 
                           accordance with Section 240.13d-1(b)(1)(ii)(G); 

            (h)   [ ]      A savings associations as defined in Section 3(b) of 
                           the Federal Deposit Insurance Act (12 U.S.C. 1813);

            (i)   [ ]      A church plan that is excluded from the definition of
                           an investment company under section 3(c)(14) of the
                           Investment Company Act of 1940 (15 U.S.C. 80a-3);

            (j)   [ ]      Group, in accordance with Section 
                           240.13d-1(b)(1)(ii)(J).

                  Not Applicable


                                Page 4 of 8 pages
<PAGE>   5

Item 4.     Ownership

         Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

            (a)   Amount beneficially owned: 4,250,000.

            (b)   Percent of class: 16.4%.

            (c)   Number of shares as to which the person has:

                  (i)      Sole power to vote or to direct the vote    -0-.

                  (ii)     Shared power to vote or to direct the vote 

                           4,250,000.

                  (iii)    Sole power to dispose or to direct the disposition of

                           -0-.

                  (iv)     Shared power to dispose or to direct the disposition 
                           of

                           4,250,000.

Item 5.     Ownership of Five Percent or Less of a Class

        If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ]. 

             Not Applicable

Item 6.     Ownership of More than Five Percent on Behalf of Another Person. 

             Not Applicable

Item 7.     Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on By the Parent Holding Company 

             Not Applicable

Item 8.     Identification and Classification of Members of the Group 

             Not Applicable

Item 9.     Notice of Dissolution of Group 

             Not Applicable

Item 10.    Certification 

             By signing below I certify that, to the best of my knowledge and
             belief, the securities referred to above were not acquired and are
             not held for the purpose of or with the effect of changing or
             influencing the control of the issuer of the securities and were
             not acquired and are not held in connection with or as a
             participant in any transaction having that purpose or effect.


                                Page 5 of 8 pages
<PAGE>   6

                                    SIGNATURE


After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.



                                                      December 11, 1998
                                               ---------------------------------
                                                            Date

                                               IXC Communications, Inc.

                                               By: /s/ Jeffrey C. Smith
                                                   -----------------------------
                                                             Signature

                                               Jeffrey C. Smith
                                               Its: Senior Vice President, 
                                               General Counsel and Secretary
                                               -----------------------------
                                                        Name/Title


                                               IXC Communications Services, Inc.

                                               By: /s/ Jeffrey C. Smith
                                                   -----------------------------
                                                              Signature

                                               Jeffrey C. Smith
                                               Its: Senior Vice President, 
                                               General Counsel and Secretary
                                               ---------------------------------
                                                        Name/Title


                               Page 6 of 8 pages
<PAGE>   7

                                  EXHIBIT INDEX

                                                        Sequential Page No.
                                                        -------------------

Exhibit 1           Joint Reporting Agreement                    8


                                Page 7 of 8 pages

<PAGE>   1

                                                                       EXHIBIT 1


                            JOINT REPORTING AGREEMENT

        In consideration of the mutual covenants herein contained, each of the
parties hereto represents to and agrees with the other party as follows:

        1. Such party is eligible to file a statement or statements on Schedule
13G or 13D pertaining to the Common Stock, $.0001 par value, of DCI
Telecommunications, Inc., to which this agreement is an exhibit, for filing of
the information contained herein.

        2. Such party is responsible for the timely filing of such statement,
and any amendments thereto, and for the completeness and accuracy of the
information concerning such party contained therein, provided that no such party
is responsible for the completeness or accuracy of the information concerning
any other party making the filing, unless such party knows or has reason to
believe that such information is inaccurate.

        3. Such party agrees that such statement is filed by and on behalf of
each such party and that any amendment thereto will be filed on behalf of each
such party.

        This Joint Reporting Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original instrument, but
all of such counterparts together shall constitute but one agreement.

Dated:  December 11, 1998


                                             IXC Communications, Inc.


                                             By:   /s/ Jeffrey C. Smith
                                                   -----------------------------
                                                   Jeffrey C. Smith
                                                   Senior Vice President, 
                                                   General Counsel and Secretary



                                             IXC Communications Services, Inc.


                                             By:   /s/ Jeffrey C. Smith
                                                   -----------------------------
                                                   Jeffrey C. Smith
                                                   Senior Vice President, 
                                                   General Counsel and Secretary


                                Page 8 of 8 pages


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