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ACC CORP.'S SUBSIDIARY ACC TELENTERPRISES LTD. FILES PRELIMINARY PROSPECTUS FOR INITIAL PUBLIC OFFERING IN CANADA

 ROCHESTER, N.Y., May 7 /PRNewswire/ -- ACC Corp. (NASDAQ/NMS: ACCC) announced today that it's Canadian subsidiary ACC TelEnterprises Ltd. has filed a preliminary prospectus with the Ontario Securities Commission for an initial public offering of common shares. The preliminary prospectus is also being filed with each of the other provincial securities regulators.
 ACC TelEnterprises Ltd. is a newly organized subsidiary of ACC Corp., a telecommunications holding company based in Rochester, N.Y. Through ACC Long Distance Ltd. and ACC Long Distance Inc. subsidiaries, ACC TelEnterprises Ltd. provides long-distance voice and data services to businesses and residential customers in Ontario, Quebec and British Columbia.
 Underwriters for the offering are Nesbitt Thomson Inc., Burns Fry Limited, Wood Gundy Inc., Midland Walwyn Capital Inc. and First Marathon Securities Inc. No part of this offering will be offered or sold in the United States, except for sales in accordance with Rule 144A under the Securities Act of 1933 or in a transaction otherwise exempt under that Act.
 ACC Corp. is a diversified telecommunications company based in Rochester, N.Y. The company is a holding company for ACC Long Distance Corp., ACC TelEnterprises Ltd., ACC Network Corp., ACC Local Fiber Corp., ACC Long Distance U.K. Ltd. and Danbury Cellular Telephone Co. Through its subsidiaries, the company provides long-distance service in the Northeastern United States, Canada and the United Kingdom, and cellular service in Kentucky.
 -0- 5/7/93
 /CONTACT: Richard T. Aab of ACC Corp., 716-987-3150/
 (ACCC)


CO: ACC Corp. ST: New York IN: TLS SU: OFR

BM -- CL006 -- 5798 05/07/93 08:50 EDT
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Publication:PR Newswire
Date:May 7, 1993
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