8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


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                                    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) September 19, 2003
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                        WARWICK VALLEY TELEPHONE COMPANY
                        --------------------------------
               (Exact Name of Registrant as Specified in Charter)


          NEW YORK                   0-11174                     14-1160510
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(State or Other Jurisdiction       (Commission                  (IRS Employer
      of Incorporation)           File Number)               Identification No.)


   47 MAIN STREET, WARWICK, NEW YORK                                    10990
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(Address of principal executive offices)                              (Zip Code)


Registrant's telephone number, including area code      (845) 986-8080
                                                   -------------------


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     (Former name or former address, if changed since last report)

ITEM 5. OTHER EVENTS.

On September 19, 2003, the Registrant issued a press release announcing that
both the New York State Public Service Commission and the New Jersey Board of
Public Utilities have approved the changes to the Company's restated and amended
Certificate of Incorporation (including the three-for-one stock split) that had
been approved by Warwick Valley Telephone Company ("WVT") shareholders at the
Annual Meeting on April 25, 2003. The restated and amended Certificate of
Incorporation has also been accepted by the New York Secretary of State. The
press release is included as Exhibit 99.1 to this Current Report on Form 8-K and
is incorporated herein by reference.


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

The following exhibit is filed herewith:

      99.1  Press Release dated September 19, 2003.

                                   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.

                                             WARWICK VALLEY TELEPHONE COMPANY

Dated: September 19, 2003                    By:  /s/ M. Lynn Pike
                                                --------------------------------
                                             Name:  M. Lynn Pike
                                             Title: President

EX-99.1

Exhibit 99.1

Warwick Valley Telephone Company (NASDAQ - WWVY) announced today that both the
New York State Public Service Commission and the New Jersey Board of Public
Utilities have approved the changes to WVT's restated and amended Certificate of
Incorporation (including the three-for-one stock split) that had been approved
by WVT shareholders at the Annual Meeting on April 25, 2003. The restated and
amended Certificate of Incorporation has also been accepted by the New York
Secretary of State. This enables the Company to set the record date for the
three-for-one stock split of its Common Shares. That record date will be October
6, 2003. The new shares will be made available on October 13, 2003.

Existing stock certificates will be retained by shareholders and will represent
the same number of shares of Common Shares as they did prior to the split,
except that these Common Shares will now be $0.01 par value per share rather
than being no-par-value shares. Each person shown on the transfer books of the
Company as holding shares of Common Shares in certificated form on the record
date will receive one new certificate representing a number of new,
$0.01-par-value Common shares equal to two times the number of shares of Common
Shares previously held. The new certificate, together with all other
certificates held, will represent the total number of split shares held.
Shareholders holding their shares other than directly in certificated form will
have the appropriate number of Common Shares attributed to them.