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
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Date of Report (Date of
earliest event reported): August 14, 1997
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OPTEL, INC.
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(Exact name of registrant as specified in its charter)
Delaware 95-4495524
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(State or other jurisdiction (I.R.S. Employer Identification
of incorporation or organization) Number)
333-24881
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(Commission File Number)
1111 West Mockingbird Lane, Suite 1000, Dallas, Texas 75247
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (214) 634-3800
ITEM 5. OTHER MATERIALLY IMPORTANT EVENTS.
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On August 14, 1997, the Registrant issued the press release attached
hereto as Exhibit "A" announcing that the Registrant has entered into a
definitive agreement to purchase from Phonoscope Ltd. and its affiliates the
residential cable television business and associated fiber optic network of
Phonoscope in the Houston - Clear Lake, Texas area for a purchase price of $35.3
million, subject to adjustment.
ITEM 7. EXHIBITS.
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Press Release, dated August 14, 1997.
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.
Date: August 14, 1997
OPTEL, INC.
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(Registrant)
By: /s/ MICHAEL E. KATZENSTEIN
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Name: Michael E. Katzenstein
Title: Vice President and General Counsel
EXHIBIT INDEX
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Exhibit
No. Description Page No.
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99 Press Release, dated August 14, 1997