EXHIBIT 99.1

         [LETTERHEAD OF CELLULAR COMMUNICATIONS OF PUERTO RICO, INC.]


                                                           FOR IMMEDIATE RELEASE

                  CELLULAR COMMUNICATIONS OF PUERTO RICO, INC.
                          ANNOUNCES PRICING TERMS FOR
                        DEBT OFFERING BY ITS SUBSIDIARY

 
     New York, New York (January 28, 1997) Cellular Communications of Puerto
Rico, Inc. (Nasdaq: CCPR) (the "Company") announced today the pricing terms of
the private placement of Senior Subordinated Notes due 2007 (the "Notes") by its
wholly-owned operating subsidiary, CCPR Services, Inc. ("Services").  The coupon
on the Notes will be 10% and Services expects to raise gross proceeds of
approximately $200 million.

     The Company and Services expect to complete the sale of the Notes and the
corporate restructuring announced earlier by the Company on or about January
31,1997.

     As previously announced by the Company, the name of the new holding company
that will be formed in the corporate restructuring will be "CoreComm
Incorporated".  On the completion date each share of the Company's common stock
will automatically become a share of CoreComm common stock on a one for one
basis. The CoreComm common stock will have the same rights and powers as the
Company common stock.  It is anticipated that on February 3, 1997 CoreComm will
commence trading on the Nasdaq National Market under the ticker symbol "COMM".

     The restructured companies intend to pursue business opportunities both
inside and outside of Puerto Rico and the U.S. Virgin Islands.

     When sold, the Notes will not have been registered under the Securities Act
of 1933, as amended (the "Securities Act"), or any state securities laws, and
unless so registered, may not be offered or sold except pursuant to an exemption
from, or in a transaction not subject to, the registration requirements of the
Securities Act and applicable state securities laws.

     Accordingly, the Notes will be offered and sold within the United States
under Rule 144A only to "qualified institutional buyers" and to a limited number
of institutional "accredited investors" that make certain representations and
agreements and outside the United States in accordance with Regulation S under
the Securities Act.


                              *****

     For further information contact: Stanton N. Williams, Director-Corporate
     -------------------------------                                         
Development or Richard J. Lubasch, Senior Vice President-General Counsel, at
(212)355-3466.