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): March 18, 1996
AMERICONNECT, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-18654 48-1056927
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
6750 West 93rd Street, Suite 110, Overland Park, Kansas 66212
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(913) 341-8888
________________________________
(Former name, former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
AmeriConnect, Inc. ("AmeriConnect") and Phoenix
Network, Inc. ("Phoenix") issued a joint press release on
March 18, 1996, a copy of which is attached hereto as
Exhibit 99, relating to their announcement that they have
extended the term of their letter of intent to merge
AmeriConnect and Phoenix in a stock-for-stock transaction.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) EXHIBITS.
99 Press Release, issued March 18, 1996
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SIGNATURE
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.
AMERICONNECT, INC.
Date: March 18, 1996 By: /s/ Robert R. Kaemmer
Robert R. Kaemmer
Chairman of the Board, Chief
Executive Officer and
President
<PAGE>
EXHIBIT INDEX
Exhibit Sequentially
Number Exhibit Numbered Page
99 Press Release, issued March 18, 1996 5
<PAGE>
EXHIBIT 99
NEWS RELEASE
Phoenix Network and AmeriConnect Extend Letter of Intent
SAN FRANCISCO, CA; OVERLAND PARK, KS -- March 18, 1996 -- Phoenix
Network, Inc. (AMEX:PHX), a San Francisco, California-based long
distance reseller and provider of value-added telecommunications
services, and AmeriConnect, Inc. (NASDAQ:AMCT), an Overland Park,
Kansas-based long distance reseller and provider of value-added
telecommunications services, announced today that they have
extended the term of the letter of intent to merge the two long
distance companies in a stock-for-stock transaction. The parties
intend to continue negotiating a definitive merger agreement
which they currently expect to enter into within the next several
weeks. The parties now expect the closing to take place on or
about July 15, 1996, pending the obtaining of all necessary
regulatory approvals and approval of the shareholders of both
parties.
Contact: Phoenix Network, Mary Ellen Warner, Investor Relations,
at (415) 399-3352;
AmeriConnect, Janet Flynn, Investor Relations, at
(913) 341-8888.
