CoreComm Makes Announcement.NEW YORK--(BUSINESS WIRE)--March 23, 1998--CoreComm Incorporated (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : COMM) announced today that it had entered into an agreement to acquire Digicom, Inc. Digicom is primarily a reseller of centrex services in Cleveland, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation). Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state. with approximately 500 customers using approximately 4,000 lines and approximately $3.2 million of revenues for the year 1997. CoreComm has filed an application with the Public Utilities Commission of Ohio The Public Utilities Commission of Ohio (PUCO) is an agency of Federal State of Ohio that is charged with the regulation of utility service providers such as those of electricity, natural gas, and telecommunications as well as railroad safety and intrastate hazardous for the approval of this acquisition. CoreComm provides telecommunications services in the Commonwealth of Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the U.S. Virgin Islands. The acquisition of Digicom is a first step in the implementation of a strategic plan relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc telecommunications opportunities in the United States. -0- For further information, please contact Michael J. Peterson, Director of Corporate Development or Richard J. Lubasch, Senior Vice President-General Counsel, 212-355-3466. CONTACT: CoreComm Incorporated Michael J. Peterson or Richard J. Lubasch, 212/355-3466 |
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