<PAGE>
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) JANUARY 15, 1997
----------------
CELLULAR COMMUNICATIONS OF PUERTO RICO, INC.
--------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
Delaware 0-19869 13-3517074
- -------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
110 East 59th Street, New York, New York 10022
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code (212)355-3466
----------------------------
________________________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events.
- ------ ------------
On January 15, 1997, the Company announced that it has selected "CoreComm
Incorporated" as the name of the new holding company that will be created in the
corporate restructuring announced on January 9, 1997. CoreComm has reserved the
Nasdaq symbol "COMM" on the Nasdaq National Market for its trading symbol after
the effective date of the corporate restructuring. The anticipated completion
date of the corporate restructuring will be announced as soon as practicable.
The restructured companies will evaluate and pursue business opportunities
both inside and outside of Puerto Rico and the U.S. Virgin Islands.
CCPR also announced that as of December 31, 1996 it had 159,300 cellular
subscribers and 31,100 paging subscribers, representing an increase in
subscribers of 43,800 and 17,800, respectively, since December 31, 1995.
A copy of the press release issued by the Company announcing the above is
attached hereto as an exhibit and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
- ------ ---------------------------------
Exhibits
99 Press Release issued January 15, 1997.
<PAGE>
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 thereunto duly authorized.
CELLULAR COMMUNICATIONS OF PUERTO RICO, INC.
(Registrant)
By: /s/ Richard J. Lubasch
-------------------------------------
Name: Richard J. Lubasch
Title: Senior Vice President-General Counsel
& Secretary
Dated: January 16, 1997
<PAGE>
EXHIBIT INDEX
-------------
Exhibit Page
- ------- ----
99 Press Release issued on Janaury 15, 1997.
<PAGE>
[LETTERHEAD OF CELLULAR COMMUNICATIONS OF PUERTO RICO, INC.]
FOR IMMEDIATE RELEASE
CELLULAR COMMUNICATIONS OF PUERTO RICO, INC.
ANNOUNCES NAME AND TICKER SYMBOL FOR ITS NEW HOLDING COMPANY;
YEAR-END SUBSCRIBER NUMBERS ALSO ANNOUNCED
New York, New York (January 15, 1997) -- Cellular Communications of Puerto
Rico, Inc. (Nasdaq: CCPR) announced today that it has selected "CoreComm
Incorporated" as the name of the new holding company that will be created in the
corporate restructuring announced on January 9, 1997. CoreComm has reserved the
Nasdaq symbol "COMM" on the Nasdaq National Market for its trading symbol after
the effective date of the corporate restructuring. The anticipated completion
date of the corporate restructuring will be announced as soon as practicable.
The restructured companies will evaluate and pursue business opportunities
both inside and outside of Puerto Rico and the U.S. Virgin Islands.
CCPR also announced that as of December 31, 1996 it had 159,300 cellular
subscribers and 31,100 paging subscribers, representing an increase in
subscribers of 43,800 and 17,800, respectively, since December 31, 1995.
*****
For further information contact: Stanton N. Williams, Director-Corporate
-------------------------------
Development or Richard J. Lubasch, Senior Vice President-General Counsel, at
(212)355-3466.
