UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 and 15(d) of the Securities Exchange Act
of 1934
October 6, 1995
Date of Report (Date of earliest event reported)
SA TELECOMMUNICATIONS, INC.
Exact Name of Registrant as Specified in its Charter)
Delaware 0-18048 75-2258519
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1912 Avenue K, Suite 100
Plano, TX 75074-5959 75074
(Address of Principal Executive Offices) (Zip Code)
(214) 516-0662
(Registrant's Telephone Number, Including Area Code)
_________________________
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events.
On October 6, 1995, SA Telecommunications, Inc. issued the
press release which is attached as an exhibit hereto and is
incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c) Exhibits.
Exhibit No. Document Description
20.1* Press Release of SA
Telecommunications
dated October 6,
1995
____________
*Filed herewith
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
SA TELECOMMUNICATIONS, INC.
DATE: October 11, 1995 BY: J. David Darnell
--------------------------
J. David Darnell
Vice President-Finance and
Chief Financial Officer
<PAGE>
EXHIBIT INDEX
EXHIBIT NO. DOCUMENT DESCRIPTION
20.1* Press Release of SA Telecommunications,
Inc. dated October 6, 1995
____________
*Filed herewith
FOR IMMEDIATE RELEASE
SA TELECOMMUNICATIONS
CANCELS PROPOSED SPIN OFF TO PURSUE SALE
PLANO, TEXAS, October 6, 1995 -- SA Telecommunications, Inc.
(NASDAQ-STEL), today announced the cancellation of the proposed
spin off of 57% of the common stock of its wholly-owned
subsidiary, Strategic Abstract & Title Corporation ("SATC"), to
stockholders of the Company.
The Company also announced that the Board of Directors believes
it is in the best interest of the SA Telecommunications'
stockholders to sell the information data base subsidiary rather
than conclude the proposed spin off via stock dividend
distribution. The subsidiary's primary business is the issuing
of title policies and abstract work through state licensed plants
in Midland and Ector Counties of Texas. As previously announced,
the Company has chosen to focus its attention in the
telecommunications industry.
Cancellation of the proposed stock dividend distribution resulted
from the death of the subsidiary's President, Harold Wilson. Mr.
Jack W. Matz, Chairman and Chief Executive Officer of SA
Telecommunications stated "The timing of Mr. Wilson's death is
unfortunate, but without Mr. Wilson at the management rudder,
other options must be considered."
SA Telecommunications is a global telecommunications carrier
which offers domestic and international telecommunications to its
customer base.
###
For more information:
Jack W. Matz, Jr. Chief Executive Officer
SA Telecommunications, Inc.
Tel: (214) 516-0662
Fax: (214) 881-0656
