================================================================================ 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) July 26, 1999 ------------------------ AVTEL COMMUNICATIONS, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-27580 87-0378021 - ----------------------------------- ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) 501 Bath Street, Santa Barbara, California 93101 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (805) 884-6300 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) ================================================================================ Item 5. Other Events. On July 26, 1999, AvTel Communications, Inc. announced that it had entered into a Letter of Intent with Platinum Equity Holdings, LLC, to sell its residential long distance business. For further information on this proposed transaction, please see the attached press release. Item 7: Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits 99.1 Press Release, dated July 26, 1999. 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. AVTEL COMMUNICATIONS, INC. Dated: August 2, 1999 By: /s/ Anthony E. Papa ------------------------------------- Anthony E. Papa Chairman and Chief Executive Officer