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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) April 9,
1997
FRONTIER CORPORATION
(Exact name of registrant as specified in its charter)
New York 1-4166 16-0613330
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
180 South Clinton Avenue, Rochester, New York 14646
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code
(716)777-1000
Item 5 Other Events
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The New York State Public Service Commission ("NYSPSC") has
denied Rochester Telephone Corp.'s request for a waiver of
certain conditions of its Open Market Plan agreement related
to service quality results for 1996. The Registrant
announced that it responds to the NYPSC decision concerning
the waiver request of its subsidiary, Rochester Telephone
Corp.
As permitted by General Instruction F to Form 8-K, the
Registrant incorporates by reference the information
contained in the press release which is filed as an Exhibit
to this Report on Form 8-K.
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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 of the undersigned hereunto duly
authorized.
Frontier Corporation
(Registrant)
/s/ Barbara J. LaVerdi
Dated: April 10, 1997 By: -----------------------
Barbara J. LaVerdi
Assistant Secretary
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EXHIBIT INDEX
Exhibit Number Description
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99 Press Release dated Filed
April 9, 1997 regarding herewith
the response of the
Registrant to the NYSPSC
decision on the Rochester
Telephone Corp. waiver request.
DATE: April 9, 1997
CONTACT: Randal A. Simonetti, 716-777-5886
SUMMARY: FRONTIER RESPONDS TO NYSPSC DECISION ON ROCHESTER
TELEPHONE WAIVER REQUEST
Rochester, NY -- April 9, 1997 -- Frontier Corporation (NYSE:FRO)
announced today that the New York State Public Service Commission
(NYSPSC) denied Rochester Telephone, a Frontier subsidiary, its request
for a waiver of certain conditions in the company's Open Market Plan
agreement related to service quality results for 1996. The PSC's ruling
will result in a temporary restriction on the flow of cash payments from
the Rochester Telephone subsidiary to the parent Frontier Corporation,
and a refund of approximately $900,000 to Rochester Telephone customers.
"While we're disappointed with this decision, today's ruling was
not a surprise," stated Frontier Chief Financial Officer Louis L.
Massaro. "The restriction relates principally to the flow of cash from
our Rochester Telephone subsidiary to the parent holding company.
Today's decision by the PSC will not impact Frontier's current dividend
to our shareowners, nor is it expected to impact the future payment of
dividends." Frontier's next regular quarterly dividend is payable on
May 1, 1997 to shareowners of record on April 15, 1997.
Preparing for the possibility that the PSC would deny Rochester
Telephone's request for a waiver, the company established a reserve in
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the fourth quarter of 1996 to account for the potential of a refund to
customers. According to Massaro, "Today's ruling by the PSC will have
no impact on Frontier's reported operating results."
Frontier Corporation is the parent company whose long distance,
local telephone and cellular operations provide a range of integrated
communications services to customers. Frontier is an S&P 500 company
with annualized revenues approaching $2.6 billion. With sales locations
nationwide and nearly 8,000 employees, Frontier is the fifth-largest
long distance company in the United States.
You can receive a faxed copy of any Frontier Corporation press
release dating back to April 1996, free of charge, 24 hours a day.
Call 1-800-758-5804, extension 762302. An automated system will provide
you with instructions.
Visit Frontier Corporation's home page on the World Wide Web:
http://www.frontiercorp.com
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