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): September 2, 1998
SOUTHERN NEW ENGLAND TELECOMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
Connecticut 1-9157 06-1157778
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
227 Church Street, New Haven, Connecticut 06510
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (203) 771-5200
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events.
The Connecticut Department of Public Utility Control ("DPUC") voted
unanimously today to give final approval to the proposed merger between
the registrant and SBC Communications Inc., ("SBC").
Still pending is a ruling from the Federal Communications Commission.
The joint statement issued by the registrant and SBC in response to
the final DPUC approval is filed as an exhibit hereto and is incorporated
herein by reference.
Item 7. Financial Statements, Pro forma Financial
Information and Exhibits.
Exhibit 20. Joint News Release by the registrant and SBC issued
September 2, 1998.
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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, thereunto duly authorized.
SOUTHERN NEW ENGLAND
TELECOMMUNICATIONS CORPORATION
Dated: September 2, 1998 By: /s/ Madelyn M. DeMatteo
Madelyn M. DeMatteo
Secretary
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SOUTHERN NEW ENGLAND TELECOMMUNICATIONS CORPORATION
FORM 8-K
EXHIBIT INDEX
Exhibit
Number
20 Joint News Release by the registrant and SBC issued
September 2, 1998.
SBC LOGO NEWS RELEASE SNET LOGO
September 2, 1998
CONNECTICUT REGULATORS GIVE FINAL APPROVAL
TO SBC-SNET MERGER
JOINT STATEMENT
(SBC Communications and SNET issued the following statement
in response to a unanimous vote today by Connecticut
Department of Public Utilities Control Commissioners Jack
Goldberg, John Betkoski and Glenn Arthur approving the SBC-
SNET merger.)
The Department of Public Utility Control's unanimous
final order approving the SBC-SNET merger is great news for
Connecticut, for SNET customers and employees and for
shareowners of both companies. It puts us one step closer
to delivering the benefits of more jobs, new products and
improved services while ensuring that SNET's 120 years of
service to Connecticut will thrive well into the next
century.
The DPUC's final order also reflects the dynamic
changes occurring in the telecommunications industry, and
the balanced, reasoned approach taken by the Department
throughout this process. This order protects SNET employees
and retirees and benefits consumers. It also allows us the
flexibility we need to manage the new company as efficiently
and effectively as possible in today's highly competitive
telecommunications environment. We appreciate the
Department's concern both for Connecticut consumers and
SNET's ability to serve them as well as possible.
The last step is for the Federal Communications
Commission to rule on the merger. We hope the FCC will act
soon to recognize the same benefits the merger offers as did
the Connecticut regulators. We look forward to hitting the
ground running as soon as all approvals are in.
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