<TABLE>
<CAPTION>
                                                                                                                EXHIBIT 11.1


                                                                           CORECOMM LIMITED

                                                                 CALCULATION OF NET (LOSS) PER SHARE


                                                                 Weighted Average Number of Shares (1)
                                              -----------------------------------------------------------------------------

        Date                                         Total            Year Ended        Year Ended          Year Ended
       Issued        Description of Issuance      Outstanding         31-Dec-01          31-Dec-00           31-Dec-99
---------------------------------------------------------------------------------------------------------------------------
      <S>            <C>                               <C>               <C>                <C>                 <C>

                     Balance 12/31/98                  29,697,710        29,697,710         29,697,710          29,697,710

      01/26/99       Common Stock                           2,250             2,250              2,250               2,090
      02/09/99       Common Stock                             704               704                704                 627
      02/23/99       Common Stock                           1,350             1,350              1,350               1,150
      02/24/99       Common Stock                          28,800            28,800             28,800              24,460
      03/01/99       Common Stock                           5,400             5,400              5,400               4,512
      03/02/99       Common Stock                          11,925            11,925             11,925               9,932
      03/05/99       Common Stock                           3,375             3,375              3,375               2,783
      03/08/99       Common Stock                             225               225                225                 184
      03/09/99       Common Stock                          38,250            38,250             38,250              31,124
      03/23/99       Common Stock                             225               225                225                 174
      04/01/99       Common Stock                           6,750             6,750              6,750               5,067
      04/27/99       Common Stock                             225               225                225                 153
      04/28/99       Common Stock                          13,500            13,500             13,500               9,136
      04/29/99       Common Stock                         450,000           450,000            450,000             303,288
      04/30/99       Common Stock                             900               900                900                 604
      05/06/99       Common Stock                         562,500           562,500            562,500             368,322
      05/07/99       Common Stock                          46,517            46,517             46,517              30,331
      05/10/99       Common Stock                          11,250            11,250             11,250               7,243
      05/21/99       Common Stock                             394               394                394                 242
      05/24/99       Common Stock                         384,082           384,082            384,082             232,554
      05/26/99       Common Stock                         615,269           615,269            615,269             369,162
      05/28/99       Common Stock                             506               506                506                 301
      06/04/99       Common Stock                          13,500            13,500             13,500               7,767
      06/08/99       Common Stock                         209,930           209,930            209,930             118,481
      06/09/99       Common Stock                       1,989,108         1,989,108          1,989,108           1,117,170
      06/10/99       Common Stock                           5,850             5,850              5,850               3,270
      06/11/99       Common Stock                         347,312           347,312            347,312             193,163
      06/14/99       Common Stock                          59,063            59,063             59,063              32,363
      06/15/99       Common Stock                         445,080           445,080            445,080             242,660
      06/18/99       Common Stock                         628,808           628,808            628,808             337,661
      06/22/99       Common Stock                         102,150           102,150            102,150              53,734
      06/24/99       Common Stock                          84,926            84,926             84,926              44,208
      06/25/99       Common Stock                         388,220           388,220            388,220             201,024
      06/28/99       Common Stock                          59,659            59,659             59,659              30,401
      06/29/99       Common Stock                           2,954             2,954              2,954               1,497
      06/30/99       Common Stock                          19,969            19,969             19,969              10,067
      07/01/99       Common Stock                           2,954             2,954              2,954               1,481
      07/02/99       Common Stock                          25,693            25,693             25,693              12,811
      07/06/99       Common Stock                           4,135             4,135              4,135               2,017
      07/07/99       Common Stock                           1,181             1,181              1,181                 573
      07/08/99       Common Stock                           1,181             1,181              1,181                 570
      07/20/99       Common Stock                           2,239             2,239              2,239               1,006
      07/26/99       Common Stock                           1,181             1,181              1,181                 511
      07/30/99       Common Stock                             900               900                900                 380
      08/03/99       Common Stock                          22,671            22,671             22,671               9,317
      08/04/99       Common Stock                           4,500             4,500              4,500               1,837
      08/05/99       Common Stock                             225               225                225                  91
      08/10/99       Common Stock                           4,255             4,255              4,255               1,667
      08/11/99       Common Stock                           1,181             1,181              1,181                 460
      08/12/99       Common Stock                           1,181             1,181              1,181                 456
      08/26/99       Common Stock                       1,396,573         1,396,573          1,396,573             485,931
      08/27/99       Common Stock                         272,520           272,520            272,520              94,075
      08/30/99       Common Stock                           1,181             1,181              1,181                 398
      09/08/99       Common Stock                           3,090             3,090              3,090                 965
      09/10/99       Common Stock                             600               600                600                 184
      09/16/99       Common Stock                         141,848           141,848            141,848              41,194
      09/17/99       Common Stock                          14,508            14,508             14,508               4,174
      09/20/99       Common Stock                           1,182             1,182              1,182                 330
      09/24/99       Common Stock                             225               225                225                  60
      09/29/99       Common Stock                             300               300                300                  76
      10/06/99       Common Stock                          50,466            50,466             50,466              11,891
      10/22/99       Common Stock                          25,305            25,305             25,305               4,853
      11/01/99       Common Stock                             150               150                150                  25
      11/08/99       Common Stock                          52,500            52,500             52,500               7,623
      11/15/99       Common Stock                           1,482             1,482              1,482                 187
      11/22/99       Common Stock                             900               900                900                  96
      12/01/99       Common Stock                          45,014            45,014             45,014               3,700
      12/17/99       Common Stock                          12,825            12,825             12,825                 492
      12/20/99       Common Stock                          82,591            82,591             82,591               2,489
      12/23/99       Common Stock                         115,309           115,309            115,309               2,527
      12/29/99       Common Stock                           1,182             1,182              1,182                   6
      12/31/99       Common Stock                          24,149            24,149             24,149
      01/06/00       Common Stock                           6,825             6,825              6,713
      01/11/00       Common Stock                          44,775            44,775             43,429
      01/12/00       Common Stock                         (10,759)          (10,759)           (10,407)
      01/13/00       Common Stock                           3,882             3,882              3,744
      01/14/00       Common Stock                           1,182             1,182              1,137
      01/19/00       Common Stock                           4,410             4,410              4,181
      01/20/00       Common Stock                           6,668             6,668              6,303
      01/21/00       Common Stock                             657               657                620
      01/25/00       Common Stock                           3,917             3,917              3,650
      01/26/00       Common Stock                           7,500             7,500              6,967
      01/28/00       Common Stock                          37,656            37,656             34,776
      01/31/00       Common Stock                           2,500             2,500              2,288
      02/02/00       Common Stock                          25,000            25,000             22,746
      02/03/00       Common Stock                          18,000            18,000             16,328
      02/08/00       Common Stock                          72,164            72,164             64,474
      02/09/00       Common Stock                          12,000            12,000             10,688
      02/10/00       Common Stock                         129,199           129,199            114,726
      02/11/00       Common Stock                          28,030            28,030             24,814
      02/14/00       Common Stock                          21,042            21,042             18,456
      02/18/00       Common Stock                           4,500             4,500              3,898
      02/22/00       Common Stock                          10,500            10,500              8,980
      02/24/00       Common Stock                          13,500            13,500             11,472
      02/28/00       Common Stock                          47,114            47,114             39,519
      03/01/00       Common Stock                          20,250            20,250             16,875
      03/02/00       Common Stock                          51,665            51,665             42,913
      03/06/00       Common Stock                          66,330            66,330             54,368
      03/07/00       Common Stock                            (139)             (139)              (114)
      03/09/00       Common Stock                          80,578            80,578             65,387
      03/10/00       Common Stock                          31,531            31,531             25,500
      03/14/00       Common Stock                          54,488            54,488             43,472
      03/15/00       Common Stock                             (83)              (83)               (65)
      03/16/00       Common Stock                          16,415            16,415             13,006
      03/17/00       Common Stock                           2,520             2,520              1,990
      03/21/00       Common Stock                         251,566           251,566            195,892
      03/28/00       Common Stock                              47                47                 36
      03/29/00       Common Stock                         178,131           178,131            134,815
      03/31/00       Common Stock                             550               550                413
      04/03/00       Common Stock                          21,500            21,500             15,978
      04/05/00       Common Stock                          70,875            70,875             52,285
      04/07/00       Common Stock                           1,200             1,200                879
      04/10/00       Common Stock                            (541)             (541)              (392)
      04/11/00       Common Stock                          21,095            21,095             15,216
      04/14/00       Common Stock                             600               600                428
      04/18/00       Common Stock                         105,621           105,621             74,166
      04/24/00       Common Stock                          14,064            14,064              9,645
      05/04/00       Common Stock                          30,540            30,540             20,109
      05/08/00       Common Stock                           1,500             1,500                971
      05/10/00       Common Stock                           1,000             1,000                642
      05/11/00       Common Stock                           1,200             1,200                769
      05/15/00       Common Stock                          10,120            10,120              6,359
      05/16/00       Common Stock                              40                40                 25
      05/18/00       Common Stock                           1,080             1,080                670
      05/22/00       Common Stock                             240               240                144
      05/24/00       Common Stock                              40                40                 24
      05/30/00       Common Stock                          13,500            13,500              7,930
      06/05/00       Common Stock                          40,627            40,627             23,199
      06/07/00       Common Stock                              30                30                 17
      06/14/00       Common Stock                           4,000             4,000              2,186
      06/16/00       Common Stock                           1,250             1,250                676
      06/20/00       Common Stock                           3,678             3,678              1,949
      06/22/00       Common Stock                           1,040             1,040                546
      06/26/00       Common Stock                           1,262             1,262                648
      06/29/00       Common Stock                           4,300             4,300              2,174
      07/07/00       Common Stock                             700               700                339
      07/18/00       Common Stock                           1,500             1,500                680
      07/19/00       Common Stock                           1,020             1,020                460
      07/28/00       Common Stock                           8,500             8,500              3,623
      08/08/00       Common Stock                             750               750                297
      08/17/00       Common Stock                          20,875            20,875              7,757
      09/22/00       Common Stock                          11,813            11,813              3,228
      09/29/00       Common Stock                      30,149,477        30,149,477          7,660,933
      09/29/00       Treasury Stock                    (1,328,682)       (1,328,682)          (337,616)
      10/24/00       Common Stock                       1,684,779         1,684,779            313,019
      01/02/01       Common Stock                         541,659           538,691
      01/09/01       Common Stock                           1,173             1,144
      01/12/01       Common Stock                           1,181             1,142
      03/05/01       Common Stock                              20                16
      04/12/01       Common Stock                      25,446,202        18,335,209
      04/19/01       Common Stock                         351,113           246,260
      10/01/01       Common Stock                      43,513,048        10,848,459
      12/14/01       Common Stock                               2                 0
      12/26/01       Common Stock                        (228,408)           (3,129)

                                              -----------------------------------------------------------------------------
                     Total                            140,326,706       100,668,508         47,479,965          34,189,068
                                              =============================================================================
</TABLE>


<TABLE>
<CAPTION>



                                                                                       Year Ended December 31,
                                                                         2001              2000                1999
                                                                   ----------------- ------------------  ------------------

<S>                                                                   <C>                <C>                 <C>
Loss before extraordinary item                                        ($659,088,000)     ($313,811,000)      ($103,524,000)
Preferred stock dividend                                                (17,808,000)        (4,491,000)                  -
Preferred stock accretion to redemption value                            (4,579,000)        (1,099,000)                  -

                                                                   ----------------- ------------------  ------------------
Loss available to common shareholders before extraordinary item        (681,475,000)      (319,401,000)       (103,524,000)
Extraordinary item                                                       39,498,000                  -                   -
                                                                   ----------------- ------------------  ------------------
Loss available to common shareholders                                 ($641,977,000)     ($319,401,000)      ($103,524,000)
                                                                   ================= ==================  ==================

Basic and diluted net loss per share:
Loss before extraordinary item                                               ($6.77)            ($6.73)             ($3.03)
Extraordinary item                                                             0.39                  -                   -
                                                                   ----------------- ------------------  ------------------
Net loss per common share                                                    ($6.38)            ($6.73)             ($3.03)
                                                                   ================= ==================  ==================




(1)  The weighted average number of shares are equivalent to Cellular
     Communications of Puerto Rico Inc.'s historical weighted average
     shares on a one-for-one basis, plus CoreComm Limited's weighted
     average shares in the 1998 period.
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