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: April 5, 1994 SOUTHWESTERN BELL CORPORATION A Delaware Corporation Commission File No. 1-8610 IRS Employer No. 43-1301883 175 E. Houston, San Antonio, Texas 78205 Telephone Number (210) 821-4105 Item 5. Other Events On Tuesday, April 5, 1994, Southwestern Bell Corporation (SBC) announced it has terminated plans to form a cable partnership with Cox Cable Communications (Cox) in the United States. SBC said it took the action because of the likely impact of increasingly stringent government regulation on the cable industry's cash flow characteristics. SBC and Cox announced on December 7, 1993 that they had signed a memorandum of understanding to form a $4.9 billion cable partnership. Under that memorandum, SBC was to commit $1.6 billion in capital to the partnership and Cox was to contribute 21 cable systems. The companies had been negotiating definitive agreements since the December 7, announcement. SBC expects to continue its cable partnership with Cox in the United Kingdom. SIGNATURE 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 thereunto duly authorized. SOUTHWESTERN BELL CORPORATION /s/ Donald E. Kiernan Senior Vice President, Treasurer and Chief Financial Officer April 6, 1994