UNITED STATES
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) November 6, 1998
FIRSTCOM CORPORATION
(Exact name of registrant as specified in its charter)
Texas 0-25194 87-0464860
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification No.)
2600 Douglas Road
Coral Gables, Florida 33134
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(Address, including zip code, of principal executive office)
(305) 448-4422
Registrant's telephone number, including area code
INTERAMERICAS COMMUNICATIONS CORPORATION
(Former name, former address and fiscal year, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT (A).
On November 6, 1998, PricewaterhouseCoopers LLP, the independent accounting
firm which was previously engaged as the principal accounting firm to audit the
registrant's financial statements, was dismissed by the registrant. Price
Waterhouse's report on the registrant's consolidated financial statements for
either of the past two years did not contain an adverse opinion or a disclaimer
of opinion, and was not qualified or modified as to uncertainty, audit scope, or
accounting principles. The decision to dismiss PricewaterhouseCoopers LLP was
approved by the Audit Committee of the registrant's Board of Directors on
October 22, 1998. During the registrant's two most recent fiscal years and the
period from the end of its most recent fiscal year through the date of
dismissal, there were no disagreements with Price Waterhouse on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which disagreements, if not resolved to the satisfaction of
Price Waterhouse, would have caused it to make reference to the subject matter
of the disagreements in connection with its report. On November 6, 1998, Ernst &
Young LLP was engaged as the principal accountant to audit the registrant's
consolidated financial statements. This engagement was approved by the Audit
Committee of the registrant's Board of Directors on October 22, 1998. During the
registrant's two most recent fiscal years and the period from the end of its
most recent fiscal year to November 6, 1998, the registrant did not consult
Ernst & Young LLP regarding either (i) the application of accounting principles
to a specified transaction, either complete or proposed or (ii) the type of
audit opinion that might be rendered on the registrant's consolidated financial
statements.
Concurrently with the filing of this report on Form 8-K, the registrant has
provided PricewaterhouseCoopers LLP with a copy of the disclosures it is making
in response to Item 304 (a) of Regulation S-K, 17 CFR229, as set forth above
Further, the registrant has requested PricewaterhouseCoopers LLP to furnish the
registrant with a letter addressed to the Securities and Exchange Commission
stating whether it agrees with the statements made by the registrant in response
to said Item 304 (a) and, if not, stating the respects in which it does not
agree. The registrant has requested PricewaterhouseCoopers LLP to provide the
letter as promptly as possible so that the registrant can file the letter with
the Securities and Exchange Commission within ten business days after the filing
of this report on Form 8-K. The registrant shall file such letter by amendment
to this Form 8-K within two business days of receipt.
ITEM 5. OTHER EVENTS.
On October 22, 1998, the Board of Directors and stockholders of the
registrant approved the change of the registrant's corporate name from
"InterAmericas Communications Corporation" to "FirstCom Corporation". This
change was effected on October 26, 1998, by the filing of an amendment to the
registrant's Articles of Incorporation with the Secretary of State of Texas.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
16.1 Letter from PricewaterhouseCoopers LLP*
* To be filed by amendment
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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 hereunto duly authorized.
Date: November 6, 1998 By: /s/ Patricio E. Northland
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Patricio E. Northland
Chairman of the Board, President
and Chief Executive Officer
