-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, Gq2ZPush4mJtJJT/6e7bgphS54cZNDnBuIQTGQPv+RwaCA3TPW4b4y6TjkSbuYQS Uz3tvg30vU0bMA3L3m9mrg== 0000084567-94-000025.txt : 19940708 0000084567-94-000025.hdr.sgml : 19940708 ACCESSION NUMBER: 0000084567-94-000025 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19940630 ITEM INFORMATION: Other events FILED AS OF DATE: 19940701 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROCHESTER TELEPHONE CORP CENTRAL INDEX KEY: 0000084567 STANDARD INDUSTRIAL CLASSIFICATION: 4813 IRS NUMBER: 160613330 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04166 FILM NUMBER: 94537635 BUSINESS ADDRESS: STREET 1: ROCHESTER TEL CENTER STREET 2: 180 S CLINTON AVE CITY: ROCHESTER STATE: NY ZIP: 14646-0995 BUSINESS PHONE: 7167771000 8-K 1 8-K FORM 8-K ROYALTY PROCEEDING 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) June 30, 1994 ROCHESTER TELEPHONE CORPORATION (Exact name of registrant as specified in its charter) New York 1-4166 16-0613330 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 180 South Clinton Avenue, Rochester, New York 14646 (Address of principal executive offices) (Zip Code) Registrant's area code and telephone number (716) 777-1000 100 Midtown Plaza, Rochester, New York (Previous address of principal executive offices) Item 5 Other Events The New York State Appellate Division, Third Department, issued on June 30, 1994, its Opinion concerning the registrant's petition to review the New York State Public Service Commission's Opinion and Order No. 93-11 in the Royalty proceeding. This filing consists of the press release related to the Appellate Division's Opinion and Order. As permitted by General Instruction F to Form 8-K, the Registrant incorporates by reference the information contained in the press release which is filed as an Exhibit to this Report on Form 8-K. 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. Rochester Telephone Corporation ---------------------------------- (Registrant) Dated: July 1, 1994 By: /s/ Barbara J. LaVerdi ---------------------------- Barbara J. LaVerdi Assistant Secretary (86ED) EXHIBIT INDEX Exhibit Number Description - - -------------- ----------- 99 Press Release dated Filed herewith July 1, 1994 regarding Regis- trant's Royalty Proceeding EX-99 2 EXHIBIT 99 PRESS RELEASE ROYALTY PROCEEDING EXHIBIT 99 Contact: Linda J. Crociata (716) 777-7693 FOR RELEASE: July 1, 1994 SUMMARY: ROCHESTER TEL ISSUES STATEMENT REGARDING NEW YORK STATE COURT ROYALTY DECISION Rochester, New York - July 1, 1994 - Rochester Telephone Corporation (NYSE: RTC) today issued a statement in response to yesterday's action by a New York State Court upholding the New York State Public Service Commission's decision of July 6, 1993 endorsing royalties for companies that it regulates, including Rochester Tel. The Commission sought to exact a royalty based on Rochester Tel's investment in deregulated subsidiaries, and the company had appealed the decision to the Appellate Division of the New York State Supreme Court last year. Rochester Tel opposes the concept of a royalty and is extremely disappointed with the Court's decision. The company believes that it is bad public policy and runs counter to the regulatory reforms that Rochester Tel has consistently worked to initiate in New York State and in other states where it has operations. The company believes that the imposition of a royalty is not in the best interests of any of its various constituencies, including customers. Rochester Tel is currently studying its options and will decide in the near future whether or not to appeal the decision to a higher court. The overall issue of a royalty was addressed in the company's Open Market Plan, which is pending final approval by the New York State Public Service Commission. If the plan is approved later this year, there would be no royalties imposed on the company for the period of the plan, which is anticipated to be seven years beginning January 1, 1995. Rochester Telephone Corporation has operations that serve 1.5 million customers through 48 telecommunication companies in 21 states. The company's principal lines of business include long distance, network systems, wireless and telephone operations in the Northeast, Midwest, and South. -----END PRIVACY-ENHANCED MESSAGE-----