1
                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                  FORM 8-K/A-3

                                 Current Report

                                     0-16715
                                     -------
                             Commission File Number

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

                                 March 15, 1996
                                 --------------
                                 Date of Report
                        (Date of Earliest Event Reported)

                           PHONETEL TECHNOLOGIES, INC.
                           ---------------------------
             (Exact name of registrant as specified in its charter)

              Ohio                                  34-1462198
              ----                                  ----------
     (State of Incorporation)                (I.R.S. Identification No.)

                               1127 Euclid Avenue
                            650 Statler Office Tower
                           Cleveland, Ohio 44115-1601
                           --------------------------
               Address and zip code of principal executive offices

                                 (216) 241-2555
                                 --------------
                          Registrant's telephone number




                               page 1 of 11 pages


   2



PART I

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

The attached pro forma financial information amends Form 8-K/A-2, Form 8-K/A-1
and Form 8-K dated March 15, 1996.

EXHIBITS

(b)      Pro Forma Financial Information:

          1.   Introduction to Unaudited Pro Forma Combined Condensed Financial
               Information

          2.   International Payphones, Inc. (a South Carolina corporation),
               International Payphones, Inc. (a Tennessee corporation),
               Paramount Communications Systems, Inc. and PhoneTel Technologies,
               Inc. - Unaudited Pro Forma Combined Condensed Balance Sheet at
               December 31, 1995.

          3.   World Communications, Inc. and Public Telephone Corporation As
               Adjusted, International Payphones, Inc. (a South Carolina
               corporation), International Payphones, Inc. (a Tennessee
               corporation), Paramount Communications Systems, Inc. and PhoneTel
               Technologies, Inc. - Unaudited Pro Forma Combined Condensed
               Statement of Operations for the Year Ended December 31, 1995.

          4.   International Payphones, Inc. (a South Carolina corporation),
               International Payphones, Inc. (a Tennessee corporation),
               Paramount Communications Systems, Inc. and PhoneTel Technologies,
               Inc. - Unaudited Pro Forma Combined Condensed Financial
               Information - Footnotes to Financial Information.




                               page 2 of 11 pages


   3



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.

                                             PhoneTel Technologies, Inc.
                                             (Registrant)

Date:    September 27, 1996                  By: /s/ Peter G. Graf
                                                ------------------------
                                             Peter G. Graf
                                             Chairman of the Board and
                                             Chief Executive Officer



                               page 3 of 11 pages