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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) OCTOBER 3, 2002
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CTC COMMUNICATIONS GROUP, INC.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation)
0-27505 04-3469590
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(Commission File Number) (I.R.S. Employer Identification No.)
220 BEAR HILL ROAD, WALTHAM, MASSACHUSETTS 02451
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(Address of Principal Executive Offices) (Zip Code)
(781) 466-8080
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(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
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(Former name or former address, if changed since last report)
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
On October 3, 2002, CTC Communications Group Inc. (the
"Registrant") and its main operating subsidiary, CTC Communications Corporation,
announced a voluntary Chapter 11 filing in the U.S. Bankruptcy Court for the
District of Delaware.
On the same date, the Registrant announced that it had entered
into an agreement with its secured lending group to enable the Registrant to
utilize its cash to fund operations during the Chapter 11 case.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS.
(c) Exhibits.
The following exhibits are filed herewith:
99.1 Copy of Registrant's press release, dated October 3,
2002, publicly announcing the Registrant's voluntary Chapter 11 filing and
agreement with its secured lending group.
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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 on October 4, 2002.
CTC COMMUNICATIONS GROUP INC.
By: /s/ John Pittenger
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John Pittenger
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Chief Financial Officer
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EXHIBIT INDEX
Exhibit Number Description
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99.1 Copy of Registrant's press release, dated October 3, 2002,
publicly announcing the Registrant's voluntary Chapter 11
filing and agreement with its secured lending group