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ROCHESTER TEL PLANS TO SELL DEBT SECURITIES

 ROCHESTER, N.Y., Nov. 30 /PRNewswire/ -- Rochester Tel (NYSE: RTC) today announced that it has filed a registration statement with the Securities and Exchange Commission to sell up to $100 million in debt securities.
 A portion of the $100 million will be used to refinance the company's recent redemption of $75.5 million of high-cost first mortgage bonds. The New York State Public Service Commission has already approved the issuance of up to $72 million in new debt.
 The remaining portion of the securities will be used for general corporate purposes over the next two years, which may include the refinancing of other long-term debt, reduction of short-term indebtedness and the financing of possible future acquisitions.
 Salomon Brothers and Goldman Sachs will be the selling agents for the new securities.
 Rochester Tel has operations that serve nearly one-and-a-half million customers through 50 telecommunications companies in 22 states. The company's principal lines of business include long distance, network systems, wireless and telephone operations. Rochester Tel is headquartered in Rochester, N.Y., and was incorporated in 1920.
 -0- 11/30/93
 /CONTACT: Linda J. Crociata, media, 716-777-7693, or Kristen H. Jenks, investors, 716-777-6422, both of Rochester Tel/
 (RTC)


CO: Rochester Tel ST: New York IN: TLS SU:

AR-KL -- CL017 -- 8909 11/30/93 16:47 EST
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Publication:PR Newswire
Date:Nov 30, 1993
Words:214
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