UNITED STATES  

               SECURITIES AND EXCHANGE COMMISSION  

                     Washington, D.C. 20549  

                            FORM 10-QSB  
  
  
Quarterly Report Pursuant to Section 13 or 15(d) of the   
Securities Exchange Act of 1934  
  
For the quarterly period ended        December 31, 1995  
  
               Commission File Number     0-18612  
  
          I.R.S Employer Identification Number  84-1062555  

                 TV COMMUNICATIONS NETWORK, INC.
                  
                    (A Colorado Corporation)
                  10020 East Girard Avenue #300
                     Denver, Colorado 80231
                   Telephone (303) 751-2900
  
  
     Indicate by check mark whether the registrant(1) has filed 
all reports required to be filed by Section 13 or 15(d) of the 
Securities Exchange Act of 1934 during the preceding 12 months 
(or for such shorter period that the registrant was required to 
file such reports), and (2) has been subject to such filing 
requirements for the past 90 days.  
  
  
                         YES [X]        NO [ ]  
  
     Indicate the number of shares outstanding of each of the 
issuer's classes of common stock, as of the latest practical 
date:  
  
     Common Stock, $0.0005 Par Value - 17,981,133 shares outstanding
as of December 31, 1995.  
 
<PAGE>  
<TABLE>  
  
                 PART I. - FINANCIAL INFORMATION  
  
                  TV COMMUNICATIONS NETWORK, INC
  
  
               CONSOLIDATED STATEMENTS OF OPERATIONS  
  
                     FOR THE THREE MONTHS ENDED 
  
                     DECEMBER 31, 1995 AND 1994  
                           (Unaudited)  
  
  
  
<CAPTION>  
                            Three Months Ended  Three Months Ended
                            December 31, 1995   December 31, 1994 
                            __________________  _________________
<S>                          <C>                <C>      
Total Revenue                $   214,927        $   433,967 
Revenue-Sold  Cable
  Operations                     338,962          1,314,296
                                 _______          _________
                             $   553,889        $ 1,748,263
                                 =======          =========
                               
 Operating Expenses:
  Salaries and Wages         $   178,347            109,285
  Programming Fees                (4,106)                 0
  General and Administrative     137,105            188,808
  Mining Operations              340,903                  0
  Depreciation and
     Amortization                 51,916             38,302
  Interest                        35,209             86,794
                                 ______             ______  
            
Total Expenses               $   739,374        $   423,189 
                                 =======            ======= 

Income Before Income Taxes   $  (185,485)       $ 1,325,074
                                ________            _______
  
Estimated Income Taxes       $   (74,194)        $  522,000
                                 _______            _______
Income After Income Taxes    $  (111,291)       $   803,074
                                 =======            =======
 
Net Income (Loss) per share  $      (.01)        $      .04
                                 =======            =======

<FN>    
See Accompanying Notes to Financial Statements  
</TABLE>

<PAGE>
<TABLE>

                  TV COMMUNICATIONS NETWORK, INC

               CONSOLIDATED STATEMENT OF OPERATIONS       

                     FOR THE NINE MONTHS ENDED

                     DECEMBER 31, 1995 AND 1994
                           (Unaudited) 


                            Nine Months Ended   Nine Months Ended
                            December 31, 1995   December 31, 1994  
                            _________________   _________________
<S>                          <C>                <C>
Total Revenue                $ 1,098,665        $ 1,715,562
Revenue-Sold Cable 
  Operations                   2,325,186          2,341,179
                                 ______             ______
                             $ 3,423,851        $ 4,056,741
                                 ======             ======

Operating Expenses:
  Salaries and Wages         $   496,159        $   377,909
  Programming Fees                (3,806)            64,062 
  General and Administrative     660,635            977,152
  Mining Operations              340,903                  0
  Depreciation and
  Amortization                   149,594            112,590
  Interest                        69,583            132,203
                                  ______             ______
Total Expenses               $ 1,713,067        $ 1,663,916
                                 ======             ======
Income Before Income Taxes   $ 1,710,784        $ 2,392,825
                                _______            _______
Estimated Income Taxes       $   684,313        $   885,000
                                _______            _______
Income After Income Taxes    $ 1,026,470        $ 1,507,825
                                _______            _______
Net Income per share         $       .06                .08
                                =======            =======

<FN>
See Accompanying Notes to Financial Statements
</TABLE>

<PAGE> 
<TABLE>         
                         TV COMMUNICATIONS NETWORK, INC.     
                                AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEET  
                          DECEMBER 31, 1995 (Unaudited)

<CAPTION>  
                               December 31         March 31 
                               1995                1995
                               ______________      ______________
                                 
<S>                                <C>                    <C> 
ASSETS
Current Assets   
  Cash                             $ 1,551,153        $  1,091,396    
  Investments                        2,209,687           2,155,370
  Accounts Receivable                   95,357              56,260
  Prepaid expenses                     454,295               8,080
  Inventory                            207,457             169,145     
  Current Portion of Notes           2,825,317           2,335,006
  Current Portion of Def. Tax          423,253             745,649
                                      ______                ______
Total Current Assets               $ 7,766,519        $  6,560,906
                                      ______                ______

 Property, Plant and Equipment  
    -Net                           $ 2,116,331        $  2,064,733    
                                      ______                ______

Other Assets
  Notes Receivable                 $ 2,042,415        $  4,274,537
  Mountain House Mine                        0             327,392
  License Agreements-Net               108,004             181,282
  Other Assets                           4,135               4,135
  Deferred Income Taxes                 86,626             342,284
  Advance                              717,376             413,318
                                       ______               ______
Total Other Assets                 $ 2,958,556        $  5,542,948
                                       ______               ______
Total Assets                       $12,841,406        $ 14,168,587
                                       =======              ======
 
</TABLE>

<PAGE>
<TABLE> 


<CAPTION>
LIABILITIES AND STOCKHOLDERS' EQUITY   
<S>                                   <C>                  <C> 
Current Liabilities  
  Accounts Payable                 $    684,446       $   750,834 
  Accrued Expenses                      140,906           207,286
  Current Portion of Long-Term Debt      32,153           150,438 
  Current Deferred Gain               1,091,926         2,201,277 
  Taxes Payable                         230,036           116,623
  Advances From Shareholders          1,001,439         1,512,230
  Subscriber Deposits                    24,126            24,126
                                        ______            ______
Total Current Liabilities          $  3,205,032       $ 4,962,814

Long Term Liabilities  
  Long-Term Debt                   $    543,245       $   512,560
  Long-Term Deferred Gain             2,901,284         3,437,838
  Contingencies                               0            90,000
                                         ______            ______
Total Long-Term Liabilities        $  3,444,529       $ 4,040,398                              

Stockholder's Equity 
  Class A Preferred Stock, $1 par
    value, none issued or 
    outstanding                    $          0       $         0
  Class B Preferred Stock, $1 par
    value, 28,813 shares issued
    and outstanding                      28,813            28,813
  Class C Preferred Stock, $1 par
    value, 780,000 shares issued
    and outstanding                     780,000           780,000
  Class D Preferred Stock, $1 par
    value, 4,864,000 shares issued
    and outstanding                     152,000           152,000
  Common stock, par value $.0005,  
    Authorized 100,000,000 shares
    Issued and outstanding -  
    17,981,133 shares                     9,016             9,016       
  Capital in excess of par value      6,575,211         6,575,211
  Accumulated (Deficit)              (1,353,195)       (2,379,665)
                                        _______           _______
Total Stockholders' Equity         $  6,191,845      $  5,165,375     
                                        _______           _______
TOTAL LIABILITIES AND STOCKHOLDERS'  
EQUITY                             $ 12,841,406      $ 14,168,587 
                                        =======           =======

<FN> 
See Accompanying Notes to Financial Statements  
</TABLE>

<PAGE> 
<TABLE>  
                 TV COMMUNICATIONS NETWORK, INC.
  
                    STATEMENTS OF CASH FLOWS  
  
      FOR THE NINE MONTHS ENDED DECEMBER 31, 1995 AND 1994  
                           (Unaudited)  
  
<CAPTION>
                                     Nine Months Ended December 31
                                     _____________________________
                                        1995               1994
                                      (Unaudited)        (Unaudited)
                                     ______________      ____________
<S>                                   <C>                <C>  
Cash Flow From Operating Activities:  
 Net Income                           $ 1,026,470        $ 1,507,825
                                              
Adjustments To Reconcile Net  
 Income to Net Cash Provided by   
 Operating Activities  
  Depreciation                            149,594            112,590 
  Deferred Gain                        (1,645,905)        (2,341,179)
  Deferred Tax                            578,054            885,000  
 Increase (Decrease) From Changes:  
  Accounts Receivable                     (39,097)          (168,606) 
  Taxes Payable                           113,413           (252,630) 
  Inventory                               (38,312)           (95,024)
  Prepaid Expenses                       (446,215)            (4,720) 
  Accounts Payable                        (66,388)          (754,936)      
  Accrued Expenses                        (66,380)           (36,532)       
  Subscriber Deposits                           0             10,992
                                          _______            _______
Net Cash Used In Operating Activities $  (434,766)       $(1,137,221)
                                          _______            _______ 
   
Cash Flow From Investing Activities:  
  Investments                         $   (54,317)       $         0
  Development of Mine                     327,392            (48,320)
  Property & Equipment                   (127,047)          (173,327)
  Notes Receivable                      1,741,812          2,148,306
  Advance                                (304,058)                 0
  Contingencies                           (90,000)                 0
  Other                                         0            (73,392)
                                         _______             _______
Net Cash Used In  
  Investing Activities                $ 1,493,782        $ 1,853,267
                                         _______             _______
Cash Flow From Financing Activities:  
  Payment of Shareholder Debt         $  (510,791)       $  (280,796)  
  Long-Term Debt                          (87,600)           (38,245)
  License Agreements                         (868)            (5,473)
                                          _______            _______ 
Net Cash Provided From  
  Financing Activities                $  (599,259)       $  (324,514)  
                                          _______            _______ 
Net Increase (Decrease) in Cash       $   459,757        $   391,532
Cash at Beginning of Year             $ 1,091,396        $ 3,574,038
                                         _______            _______ 
Cash at End of Period                 $ 1,551,153        $ 3,965,570     
                                         =======             =======
<FN>  
See Accompanying Notes to Financial Statements  
</TABLE>

<PAGE> 
  
  
                 TV COMMUNICATIONS NETWORK, INC. 
  
                  NOTES TO FINANCIAL STATEMENTS  
  
                       December 31, 1995
  
Summary of Significant Accounting Policies

The summary of the Company's significant accounting policies are incorporated 
by reference from TV Communications Network, Inc., Annual Report on Form 10-
KSB dated June 29, 1995 for Fiscal Year ended March 31, 1995.
 
The accompanying unaudited consolidated financial statements include the 
accounts of TV Communications Network, Inc., and its wholly-owned 
subsidiaries.  All material inter-company accounts and transactions have been 
eliminated in consolidation.


Interim Unaudited Financial Statements

Information with respect to December 31, 1995, and December 31, 1994, and the 
periods then ended have not been audited by the Company's independent 
auditors, but, in the opinion of management, reflect all adjustments (which 
include only normal recurring adjustments) necessary for the fair 
presentation of the operations of the Company.  The results of operations for 
the three months and nine months ended December 31, 1995, and December 31, 
1994, are not necessarily indicative of the results of the entire fiscal 
year.

The preparation of the interim report is based on the same accounting 
standards, and the statements are in conformity with Generally Accepted 
Accounting Principles (GAAP).  Management believes there are no material 
misstatements.


Earnings Per Share

Net income per common share is based on the weighted average number of 
17,981,133 common shares outstanding for 1995 and 1994.


Income Tax

From its inception on July 7, 1987, the Company incurred operating losses 
through March 31, 1993, which included certain accrued expenses that are not 
deductible for tax purposes until paid, and has net operating loss carry 
forwards available to offset future year taxable income.  The following 
summarizes these losses and their expiration after the utilization of $1.3 
million of the net operating loss carry forward in the year ended March 31, 
1995.

<PAGE>

                                   Net Operating
                                 Loss Carry Forward      Year of Expiration
                                 ------------------      ------------------
  Year ended March 1, 1993           $1,700,000                2008


Stockholders' Equity

The options granted by the Company to Century 21 shareholders originally 
expired as of November 30, 1994. However, the Company extended said options 
to the benefit of the Century 21 shareholders under the following terms:

The respective number of shares underlying said options has changed since 
1989. At the Special Meeting of TVCN Shareholders on December 17, 1991 the 
majority of shareholders of TVCN passed a resolution authorizing a five-to-
one (5-1) reverse-stock split plan for the Company's Common Stock. Prior to 
effecting the reverse split, the total number of shares of Common Stock 
issued and outstanding was 75,879,665. Immediately following the reverse 
stock split, the total number of such issued and outstanding shares was 
15,175,933. The plan did not favor or discriminate against any group of 
shareholders and applied equally to all shareholders and persons holding 
rights to acquire common stock. Accordingly, for those shareholders of 
Century 21 stock who selected Option A for Preferred Shares, the old 
conversion rate of two TVCN Preferred Shares for one share of TVCN Common 
Stock has been adjusted to implement the five-to-one reverse-split (e.g. 
there was a conversion right of 10,000 shares of Preferred Shares for 5,000 
shares of Common Stock, now there is a conversion right to 1,000 shares of 
Common Stock.) If Option B was selected, now the exchange of 32 shares of 
Century 21 stock for 5 options to purchase 5 shares of Common stock at $0.37 
per share is adjusted so that the five (5) options are one (1) option to 
purchase one share of TVCN Common Stock at $1.85 (five times $0.37) per 
share.

The option deadline to either convert Preferred Shares to Common Stock or to 
purchase Common Stock has been extended three years from November 30, 1994 to 
November 30, 1997. These Options are not transferable.

TVCN is extending the Options for three years, and the underlying common 
shares are restricted from public sale for two years from the date of 
issuance of common stock under the options or the effective date of 
registration of such shares with the SEC, according to which event occurs 
first.  TVCN may, but is not obligated to, register these shares for public 
trading through the SEC. 


<PAGE>
ITEM 2.  Management's Discussion and Analysis of Financial Conditions and 
Results of Operations

Total Revenues 

The total revenue for the quarter ended December 31, 1995, was $553,889 as 
compared to $1,748,213 during the quarter ended December 31, 1994. The total 
revenue for the three quarters ended December 31, 1995 was $3,423,851 as 
compared to $4,056,741 for the three quarters ended December 31, 1994.  The 
decrease for the quarter was due to the note pay off and the recognition of 
the deferred gain from the sale of the Washington, D.C. station in the second 
quarter. 

Operating Expenses

Total operating expenses for the three and nine months ended December 31, 
1995, are $739,374 and $1,713,068 as compared to $423,189 and $1,663,916 for 
the three and nine months ended December 31, 1994, respectively.  The 
increases in expenses of $316,185 and $49,152 are summarized as follows


                                              Three months       Nine months

   Increase in Salaries and Wages                 69,062          118,250
   Decrease in Programming Fees                   (4,106)         (67,868)
   Decrease in General & Administrative Expense  (51,703)        (316,517)
   Increase in Mining Operations                 340,903          340,903
   Increase in Depreciation and Amortization      13,614           37,004
   Decrease in Interest Expense                  (51,585)         (62,620)

   NET INCREASE (DECREASE) IN TOTAL EXPENSES   $ 316,185        $  49,152
                                               =========        =========

The increase in salary & wages is due to the increased time spent in 
developing new areas of operations and defending lawsuits.  The decrease in 
general & administrative expenses are due to decreased consulting charges.  
The increase in mining operations reflects expenses involved in developing 
mining properties.


Net Gain

The net income (loss) after income tax estimate for the three and nine months 
ended December 31, 1995 was $(111,291) and $1,026,470 as compared to $803,074 
and $1,507,825 during the three and nine months ended December 31, 1994.  The 
decreased income during the first three quarters ended December 31, 1995, is 
due to the prior recognition of revenue from the sale of cable operations, 
and the recognition of expenses in mining operations.  The lower operating 
costs also contributed to the increase.

Income Taxes

See page 8 "Income Tax" note.

Estimated income taxes are calculated at 40% for both federal and state 
obligations.

<PAGE>
Liquidity and Capital Resources

The Company initially financed its growth through loans and the sale of 
stock.  The Company will finance its future growth primarily from the sale of 
domestic operations. 

To date, the Company has not engaged in any debt financing.  Instead, it 
relied on individual or group investments. The company's cash flow for the 
nine months ended December 31, 1995, and December 31, 1994, are summarized as


                                          Dec 31, 1995         Dec 31, 1994
                                            Unaudited            Unaudited
                                          ------------         ------------

Cash Flow From Operating Activities       $  (434,766)         $(1,137,221)
Cash Flow From Investing Activities         1,493,782            1,853,267
Cash Flow from Financing Activities          (599,259)            (324,514)

Cash - Beginning of Period                  1,091,396            3,574,038
                                          -----------          -----------
Cash - End of Period                      $ 1,551,153          $ 3,965,570


The sales of the Denver, Colorado, Washington, D.C., and Detroit, Michigan 
systems for approximately $19.6 million with a resulting gain of $17.6 
million are expected to adequately cover the Company's current liabilities 
along with allowing the Company to develop other wireless cable TV markets in 
the United States and explore other business opportunities domestically and 
internationally.

Currently, the Company has $575,398 in long term debt which is primarily for 
the purchase of the TVCN corporate headquarters building in Denver, Colorado.

The Company's current assets and liabilities are $7,766,519 and $3,205,032, 
respectively.  The Company's cash position is such that management 
anticipates no difficulty in its ability to meet its current obligations.  
The company currently has $2,209,687 in investments in government securities.  

During fiscal year 1993, the Company raised $1,000,000.00 in equity 
investment by sales of its common stock.  The President, a shareholder, and a 
Director, advanced loans to the Company totaling $1,001,439.  No equity 
transactions have occurred in the current fiscal year.

Accounts Receivable and Payable

The decrease in notes receivable, and accounts payable as of December 31, 
1995, is due mainly to the payment of invoices and receipt of note payments 
during the first three quarters of the fiscal year 1995.

Advance from Stockholders

During the period from March 31, 1995 to December 31, 1995, the Company 
repaid advances from stockholders totalling $510,791.

<PAGE>
Subscriber Deposits

The purchasers of the Denver and Detroit stations limited the subscriber 
deposits assumed by purchasers to $50,000 and $114,000, respectively.  TVCN 
is responsible for subscriber deposits above these amounts.

Mining Operations

The Company, through its subsidiary Mining & Energy International Corp., 
signed an option agreement with Big Trees' Trust to obtain the rights to 
develop a mine in Nevada County, California.  The term of the option is one 
year, with an additional opportunity to sign a lease for a term of thirty 
years.  During the option period, the Company is required to pay $40,000 per 
month as advance royalty or 15% of the value of the ores mined and sold, 
whichever is greater.  The Company has begun the development of the mine.

Overseas Operations

After the international peace and economic conference that was held in Jordan 
during the last part of 1995, as attended by the US Secretary of State, 
Commerce Secretary, Prime Minister of Israel, and many other heads of states 
and foreign dignataries, it was apparent that there were many business 
opportunities in the Middle East. At a special meeting of the Board of 
Directors of the Company, held on December 13, 1995, it was decided to 
empower Mr. Duwaik to explore investment opportunities, to enter into such 
agreements as are necessary, and to invest in a "Holding Company", if the 
business opportunities presented by such an investment were deemed to be in 
the best interest of the Company.


<PAGE>
PART II.     OTHER INFORMATION

ITEM 1.  Legal Proceedings

(A)  Shareholder Class Action Suit
TVCN is a defendant in a class action suit entitled Merton Frederick, et.al. 
v. TVCN, et.al. more fully discussed in the Company's latest 10-KSB filed on 
June 29, 1995.  The class of plaintiffs has not been certified by the court.  
Motions for summary judgment have been filed by the Company, but are still 
pending.  No date has been set for the trial.  TVCN is vigorously defending 
the case.

(B) On August 30, 1995, Eastern Cable Networks Corp. ("Eastern") and People's 
Choice TV Corp. ("PCTV") closed a transaction pursuant to which Eastern 
transferred the Detroit WCTV station to PCTV.  On September 27, 1995, the 
Company filed a lawsuit in the District of Columbia Superior Court seeking 
damages and to set aside the transaction between Eastern and PCTV on the 
ground that it violated the agreement pursuant to which TVCN sold the Detroit 
station to Eastern in 1994.  The assets of the Detroit station secure a note 
from Eastern to the Company in the amount of $3,909,110.  On January 12, 1996 
the parties executed settlement agreements dated to be effective December 31, 
1995.  Pursuant to the settlement Eastern and PCTV paid the Company 
$614,120.11 in cash; PCTV assumed the Note secured by the Detroit station, 
PCTV's wholly-owned subsidiary signed a Note in favor of the Company in the 
amount of $2.1 million, and the Company released Eastern from all 
liabilities. 

ITEM 2.  Changes in Securities
None.  See p. 9 for a discussion of Century 21, Inc., and potential future 
changes.

ITEM 3.  Default Upon Senior Securities
None.

ITEM 4.  Submission of Matters to a Vote of Security Holders
No matters were submitted to a vote to the Security Holders during the third 
quarter ended December 31, 1995.

ITEM 5.  Other Information
None.

ITEM 6.  Exhibits and Reports on Form 8-K
None.


<PAGE>
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, thereunto duly authorized.


TV COMMUNICATIONS NETWORK, INC.


Date: February 12, 1996


/ss/Omar A. Duwaik                           
Omar A. Duwaik
PRESIDENT/CEO


/ss/Dennis J. Horner                        
Dennis J. Horner
VICE PRESIDENT/TREASURER