SHARED TECHNOLOGIES INC
10-C, 1996-03-22
TELEPHONE INTERCONNECT SYSTEMS
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                         SECURITIES AND EXCHANGE COMMISSION
                                Washington, DC 20549

                                      FORM 10-C

                   Report by Issuer of Securities Quoted on NASDAQ
                   Inter-Dealer Quotation System Filed Pursuant to
                 Section 13 or 15(d) of the Securities Exchange Act
                   of 1934 and Rules 13a-17 and 15d-17 Thereunder


                         Shared Technologies Fairchild Inc.
                    --------------------------------------------
                   (Exact Name of Issuer as Specified in Charter)

                 100 Great Meadow Road, Wethersfield, CT 06109
               --------------------------------------------------
                      (Address of Principal Executive Offices)

                                     (860) 258-2400
                       --------------------------------------
                  (Issuer's Telephone Number, Including Area Code)

                     I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

       Indicate any change (increase or decrease) of five percent or more 
       in the number of shares outstanding:

       1.   Title of security   Common Stock
                             ---------------------------------------

       2.   Number of shares outstanding before the change    8,740,079
                                                           -------------

       3.   Number of shares outstanding after the change     14,740,079
                                                           -------------

       4.   Effective date of change      March 13, 1996
                                        -----------------
       5. Method of change:

       Specify method (such as merger, acquisition, exchange, distribution,
       stock split, reverse split, acquisition of stock for treasury, etc.)<PAGE>


        Merger
        --------

       Give brief description of transaction:

       In connection with the merger of Fairchild Industries, Inc. ("FII")
       -------------------------------------------------------------------
       with and into Shared Technologies Inc. ("STI"), 6,000,000 shares of
       -------------------------------------------------------------------
       common stock of STI were issued to the sole shareholder of FII
       -------------------------------------------------------------------
       common stock.
       -------------------------------------------------------------------

                            II.  CHANGE IN NAME OF ISSUER

       1.   Name prior to change     Shared Technologies Inc.
                               -----------------------------------

       2.   Name after change        Shared Technologies Fairchild Inc.
                                     -----------------------------------

       3.   Effective date of charter amendment changing name March 13, 1996
                                                              ---------------

       4.   Date of shareholder approval of change, if required March 13, 1996
                                                                --------------

    Date    March 21, 1996                  /s/ Kenneth M. Dorros
            --------------                  Sr. Vice President
                                           ----------------------
                                         (Officer's Signature and Title)



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