<PAGE>
 
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington D.C. 20549

                                   FORM 10-Q

          [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934
                 For the quarterly period ended March 31, 1997

                                       OR

          [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934



                      Commission File No.        19869-99
                                                ----------

                             CORECOMM INCORPORATED
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)
                                        
              Delaware                                  13-3927257
   -------------------------------                   ----------------
   (State or other jurisdiction of                   (I.R.S. Employer
    incorporation or organization)                  Identification No.)

 110 E. 59th Street, New York, New York                    10022
----------------------------------------                 ----------
(Address of principal executive offices)                 (Zip Code)

                                 (212) 906-8485
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


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
                                 -----        -----

The number of shares outstanding of the issuer's common stock as of March 31,
1997 was 13,073,856.
<PAGE>
 
                    CoreComm Incorporated and Subsidiaries

                                     Index



PART I.  FINANCIAL INFORMATION                                             Page
------------------------------                                             ----

Item 1.  Financial Statements
 
         Condensed Consolidated Balance Sheets-
         March 31, 1997 and December 31, 1996.............................   2
                                                              
         Condensed Consolidated Statements of Operations-     
         Three months ended March 31, 1997 and 1996.......................   3
                                                              
         Condensed Consolidated Statement of Shareholders'    
         Equity - Three months ended March 31, 1997.......................   4
                                                              
         Condensed Consolidated Statements of Cash Flows-     
         Three months ended March 31, 1997 and 1996.......................   5
                                                              
         Notes to Condensed Consolidated Financial Statements.............   6
                                                              
Item 2.  Management's Discussion and Analysis of Results of   
         Operations and Financial Condition...............................   9
                                                              
PART II. OTHER INFORMATION                                    
--------------------------                                    
                                                              
Item 6.  Exhibits and Reports on Form 8-K.................................  12
                                                              
SIGNATURES................................................................  13
----------
<PAGE>
 
PART I.  FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                     CoreComm Incorporated and Subsidiaries
                     Condensed Consolidated Balance Sheets

<TABLE>
<CAPTION>
                                            MARCH 31,     DECEMBER 31,
                                               1997           1996
                                        ------------------------------
ASSETS                                     (Unaudited)     (See Note)
<S>                                        <C>            <C>
Current assets:
 Cash and cash equivalents                 $ 53,521,000   $  2,307,000
 Marketable securities                       34,516,000      5,917,000
 Accounts receivable--trade, less
  allowance for doubtful accounts of
  $3,889,000 (1997) and $3,767,000 (1996)    20,803,000     20,034,000
 Equipment inventory                          4,185,000      2,912,000
 Prepaid expenses and other current
  assets                                      2,411,000      3,022,000
                                           ------------   ------------
Total current assets                        115,436,000     34,192,000

Property, plant and equipment, net          100,533,000     97,945,000
Unamortized license acquisition costs       161,594,000    162,822,000
Deferred financing costs, less accumulated
 amortization of $100,000 (1997) and
 $1,065,000 (1996)                            5,932,000      4,118,000
Other assets, less accumulated amortiza-
 tion of $933,000 (1997) and $723,000
 (1996)                                       2,013,000      1,645,000
                                           ------------   ------------
                                           $385,508,000   $300,722,000
                                           ============   ============
 
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
 Accounts payable                          $  7,232,000   $  7,364,000
 Accrued expenses                            12,659,000     10,889,000
 Due to NTL Incorporated                        349,000        102,000
 Interest payable                             3,333,000      1,678,000
 Deferred revenue                             3,154,000      3,081,000
                                           ------------   ------------
Total current liabilities                    26,727,000     23,114,000
 
Long-term debt                              200,000,000    115,000,000
Commitments and contingent liabilities
 
Shareholders' equity:
 Series preferred stock--$.01 par value;
  authorized -- 2,500,000 shares; issued
  and outstanding none                               --             --
 Common stock--$.01 par value; authorized
  30,000,000 shares; issued 13,452,000
  (1997) and 13,432,000 (1996) shares           135,000        134,000
 Additional paid-in capital                 226,446,000    226,160,000
 (Deficit)                                  (58,789,000)   (55,363,000)
                                           ------------   ------------
                                            167,792,000    170,931,000
 Treasury stock--at cost, 378,000 (1997)
    and 343,000 (1996) shares                (9,011,000)    (8,323,000)
                                           ------------   ------------
                                            158,781,000    162,608,000
                                           ------------   ------------
                                           $385,508,000   $300,722,000
                                           ============   ============
</TABLE>

Note: The balance sheet at December 31, 1996 has been derived from the audited
financial statements at that date.

See accompanying notes.

                                       2

<PAGE>
 
                    CoreComm Incorporated and Subsidiaries
                Condensed Consolidated Statements of Operations
                                  (Unaudited)

<TABLE>
<CAPTION>
                                               THREE MONTHS ENDED
                                                    MARCH 31
                                        -----------------------------
                                              1997           1996
                                        -----------------------------
<S>                                       <C>            <C>
          Revenues:
           Service revenue                 $33,352,000    $28,513,000
           Equipment revenue                 3,919,000      2,963,000
                                           -----------    -----------
                                            37,271,000     31,476,000
          Costs and expenses:
           Cost of equipment sold            4,779,000      4,680,000
           Operating expenses                3,890,000      3,885,000
           Selling, general and      
            administrative expenses         18,049,000     13,647,000
           Depreciation of rental
            equipment                          177,000        115,000
           Depreciation expense              3,806,000      2,888,000
           Amortization expense              1,557,000      1,527,000
                                           -----------    -----------
                                            32,258,000     26,742,000
                                           -----------    -----------
          Operating income                   5,013,000      4,734,000
 
          Other income (expense):
           Interest income and other,
            net                                703,000         60,000
           Interest expense                 (3,984,000)    (1,779,000)
                                           -----------    -----------
          Income before income taxes
           and extraordinary item            1,732,000      3,015,000
 
          Income tax provision              (1,328,000)    (1,726,000)
                                           -----------    -----------
          Income before extraordinary 
           item                                404,000      1,289,000
          Loss from early
           extinguishment of debt, net      
           of income tax benefit of
           $237,000                         (3,830,000)            --
                                           -----------    -----------
          Net income (loss)                $(3,426,000)   $ 1,289,000
                                           ===========    ===========
 
          Net income (loss) per common
           share:
          Income before extraordinary 
           item                                  $ .03           $.09
          Extraordinary item                      (.29)            --
                                           -----------    -----------
          Net income (loss)                      $(.26)          $.09
                                           ===========    ===========

          Weighted average number of
           common shares used in
           computation of net income
           (loss) per share including
           common stock equivalents         13,071,000     13,932,000
                                           ===========    ===========
</TABLE>

See accompanying notes.

                                       3

<PAGE>
 
                    CoreComm Incorporated and Subsidiaries
            Condensed Consolidated Statement of Shareholders' Equity
                                  (Unaudited)

<TABLE>
<CAPTION>
                                              COMMON STOCK       ADDITIONAL                      TREASURY STOCK
                                          --------------------    PAID-IN                    ----------------------
                                            SHARES     AMOUNT     CAPITAL       (DEFICIT)     SHARES       AMOUNT
                                          -------------------------------------------------------------------------
<S>                                       <C>         <C>       <C>           <C>            <C>        <C>
Balance, December 31, 1996                13,432,000  $134,000  $226,160,000  $(55,363,000)  (343,000)  $(8,323,000)
 
Exercise of stock options                     20,000     1,000       286,000
Common stock repurchased,
  at cost                                                                                     (35,000)     (688,000)
Net (loss) for the three
  months ended March 31, 1997                                                   (3,426,000)
                                          ----------  --------  ------------  ------------   --------   -----------
Balance, March 31, 1997                   13,452,000  $135,000  $226,446,000  $(58,789,000)  (378,000)  $(9,011,000)
                                          ==========  ========  ============  ============   ========   ===========
</TABLE>

See accompanying  notes.

                                       4

<PAGE>
 
                    CoreComm Incorporated and Subsidiaries
                Condensed Consolidated Statements of Cash Flows
                                  (Unaudited)

<TABLE>
<CAPTION>
                                               THREE MONTHS ENDED
                                                    MARCH 31
                                        ------------------------------
                                               1997           1996
                                        ------------------------------
 
<S>                                       <C>             <C>
          Net cash provided by   
           operating activities           $   8,602,000    $ 9,987,000
                                          -------------    -----------
          INVESTING ACTIVITIES
          Additional costs of  cellular 
           license interest                    (146,000)             -
          Purchase of property, plant    
           and equipment                     (7,210,000)    (6,327,000)
          Purchase of marketable          
           securities                       (30,856,000)             -
          Proceeds from maturities of     
           marketable securities              2,257,000              -
                                          -------------    -----------
          Net cash (used in) investing     
           activities                       (35,955,000)    (6,327,000)

          FINANCING ACTIVITIES
          Repayment of bank loan           (115,000,000)             -
          Proceeds from issuance of Notes,
           net of financing costs           193,968,000              -
          Purchase of treasury stock           (688,000)             -
          Distribution to minority        
           interest holders                           -     (1,172,000)
          Principal payments                          -       (225,000)
          Additional deferred financing    
           costs                                      -         (8,000)
          Proceeds from exercise of       
           stock options                        287,000         68,000
          Net cash provided by (used      -------------    -----------
           in) financing activities          78,567,000     (1,337,000)
                                          -------------    -----------
          Increase in cash and cash 
           equivalents                       51,214,000      2,323,000
          Cash and cash equivalents at 
           beginning of period                2,307,000      8,050,000
                                          -------------    -----------
          Cash and cash equivalents at 
           end of period                  $  53,521,000    $10,373,000
                                          =============    ===========
          SUPPLEMENTAL DISCLOSURE OF
           CASH FLOW INFORMATION:
          Cash paid during the period
           for interest exclusive       
           of amounts capitalized         $   2,329,000    $ 1,815,000
          Income taxes paid                     550,000        481,000
 
          SUPPLEMENTAL SCHEDULE OF
           NONCASH INVESTING ACTIVITIES:
          Common stock issued to          
           acquire cellular license
           interests                      $          --    $21,536,000
          Liabilities incurred to
           acquire property, plant and   
           equipment                          1,012,000      1,519,000
</TABLE>

See accompanying notes.                                               

                                       5
<PAGE>
 
                    CoreComm Incorporated and Subsidiaries
       Notes to Condensed Consolidated Financial Statements (unaudited)


NOTE A - BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial information and with the instructions to Form 10-Q and Rule 10-01 of
Regulation S-X.  Accordingly, they do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements.  In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included.  Operating results for the three months ended March 31, 1997 are
not necessarily indicative of the results that may be expected for the year
ending December 31, 1997.  For further information, refer to the consolidated
financial statements and footnotes thereto included in the Company's annual
report on Form 10-K for the year ended December 31, 1996.

Net income (loss) per share is computed based upon the weighted average number
of common shares outstanding during the periods, including common stock
equivalents in the net income per share computation.  Common stock equivalents
are excluded from the calculation of net loss per share as their effect would be
antidilutive.

In February 1997, the Financial Accounting Standards Board issued Statement of 
Financial Accounting Standards ("SFAS") No. 128, "Earnings Per Share".  SFAS No.
128 establishes new standards for computing and presenting earnings per share 
and is effective for financial statements issued for periods ending after 
December 15, 1997.  The Company will adopt SFAS No. 128 effective with its 1997 
year end.  The adoption of SFAS No. 128 would not have changed the net loss per 
share for the three months ended March 31, 1997.


NOTE B - UNAMORTIZED LICENSE ACQUISITION COSTS

Unamortized license acquisition costs consist of:

<TABLE>
<CAPTION>
                                            MARCH 31,    DECEMBER 31,
                                              1997           1996
                                            ---------    ------------
                                          (Unaudited)
<S>                                       <C>            <C>
Deferred cellular license costs           $  5,935,000   $  5,935,000
Excess of purchase price paid
 over the fair market value of
 tangible assets acquired                  189,466,000    189,320,000
                                          ------------   ------------
                                           195,401,000    195,255,000
Accumulated amortization                    33,807,000     32,433,000
                                          ------------   ------------
                                          $161,594,000   $162,822,000
                                          ============   ============
</TABLE>

                                       6
<PAGE>
 
                     CoreComm Incorporated and Subsidiaries
  Notes to Condensed Consolidated Financial Statements (unaudited) (continued)


NOTE C - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consists of:

<TABLE>
<CAPTION>
                                            MARCH 31,    DECEMBER 31,
                                              1997           1996
                                          ------------   ------------
                                          (Unaudited)
<S>                                       <C>            <C>
Land                                      $  2,004,000   $  2,027,000
Operating equipment                        104,155,000     97,513,000
Office furniture and other equipment        17,115,000     16,521,000
Rental equipment                             1,429,000      1,174,000
Construction in progress                    17,405,000     18,674,000
                                          ------------   ------------
                                           142,108,000    135,909,000
Accumulated depreciation                    41,575,000     37,964,000
                                          ------------   ------------
                                          $100,533,000   $ 97,945,000
                                          ============   ============
</TABLE>
 
NOTE D - ACCRUED EXPENSES
 
Accrued expenses consists of:

<TABLE>
<CAPTION>
                                           MARCH 31,     DECEMBER 31,
                                             1997           1996
                                        -----------------------------
                                          (Unaudited)
<S>                                       <C>            <C>
Accrued compensation                      $  1,019,000   $  1,005,000
Accrued franchise, property and income
 taxes                                       4,888,000      4,246,000
Commissions payable                            973,000      1,272,000
Subscriber deposits                          1,510,000      1,572,000
Other                                        4,269,000      2,794,000
                                          ------------   ------------
                                          $ 12,659,000   $ 10,889,000
                                          ============   ============
</TABLE>

NOTE E - LONG-TERM DEBT

In January 1997, a wholly-owned indirect subsidiary of the Company, CCPR
Services, Inc. ("Services") issued $200,000,000 principal amount 10% Senior
Subordinated Notes due 2007 (the "Notes") and received proceeds of $193,968,000
after discounts, commissions and other related costs.  The Notes are
unconditionally guaranteed by Cellular Communications of Puerto Rico, Inc.
("CCPR"), a wholly-owned subsidiary of the Company.  CCPR and Services used
approximately $116,000,000 of the proceeds to repay the $115,000,000 principal
outstanding  plus accrued interest and fees under the bank loan.   In connection
with the repayment of the bank loan, the Company recorded an extraordinary loss
of $4,067,000 ($2,481,000 net of income tax benefit) from the write-off of
unamortized deferred financing cost.

                                       7

<PAGE>
 
                     CoreComm Incorporated and Subsidiaries
  Notes to Condensed Consolidated Financial Statements (unaudited) (continued)


NOTE E - LONG-TERM DEBT (CONTINUED)

The Notes are due on February 1, 2007.  Interest on the Notes is payable
semiannually commencing on August 1, 1997.  The Notes are redeemable, in whole
or in part, at the option of Services at any time on or after February 1, 2002,
at a redemption price of 105% that declines annually to 100% in 2005, in each
case together with accrued and unpaid interest to the redemption date.  The
Indenture contains certain covenants with respect to Services, CCPR and certain
subsidiaries that limit their ability to, among other things: (i) incur
additional indebtedness, (ii) pay dividends or make other distributions or
restricted payments, (iii) create liens, (iv) sell assets, (v) enter into
mergers or consolidations or (vi) sell or issue stock of subsidiaries.


NOTE F - TREASURY STOCK

In April 1996, the Board of Directors authorized the repurchase of up to an
additional 750,000 shares of the Company's common stock through open market
purchases as market conditions warrant.  This repurchase plan is in addition to
a previously announced repurchase plan for up to 250,000 shares.  As of March
31, 1997, the Company has repurchased 585,000 shares for an aggregate of
$15,156,000, of which 207,000 shares that cost an aggregate of $6,145,000 were
retired.


NOTE G - COMMITMENTS AND CONTINGENT LIABILITIES

As of March 31, 1997, the Company was committed to purchase cellular network and
other equipment and construction services of approximately $13,000,000.  In
addition, as of March 31, 1997, the Company had commitments to purchase cellular
telephones, pagers and accessories of approximately $3,900,000.

In 1992, the Company entered into an agreement which in effect provides for a
twenty year license to use its service mark which is also licensed to many of
the non-wireline cellular systems in the United States.  The Company is required
to pay licensing and advertising fees, and to maintain certain service quality
standards.  The total fees paid for 1997 were $216,000, which were determined by
the size of the Company's markets.

                                       8
<PAGE>
 
               CoreComm Incorporated and Subsidiaries (continued)


ITEM 2:  MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND
         FINANCIAL CONDITION.


                             RESULTS OF OPERATIONS

Prior to January 31, 1997, CoreComm Incorporated ("CoreComm" or the "Company")
was known as Cellular Communications of Puerto Rico, Inc. ("CCPR").  On January
31, 1997, CCPR effected a corporate restructuring whereby shareholders of CCPR
become shareholders of CoreComm on a one-for-one basis upon the completion of a
merger of CCPR with and into a subsidiary of CoreComm.  As a result of this
restructuring, CoreComm replaced CCPR as the publicly traded entity and CCPR
became a wholly-owned subsidiary of CoreComm.


Three Months Ended March 31, 1997 and 1996
------------------------------------------

Service revenue increased to $33,352,000 from $28,513,000 as a result of
subscriber growth that increased the Company's current revenue stream. Average
monthly revenue per cellular subscriber for the first quarter decreased to $68
in 1997 from $78 in 1996.  Ending subscribers were 166,600 and 127,800 as of
March 31, 1997 and 1996, respectively.  Ending pagers in use were 35,100 and
17,800 as of March 31, 1997 and 1996, respectively.

The loss from equipment, before depreciation of rental equipment, decreased to
$860,000 from $1,717,000 primarily because of reductions in the cost of cellular
telephones.  The Company sells cellular telephones and pagers below cost in
response to competition and to generate subscriber growth.

Operating expenses increased to $3,890,000 from $3,885,000 primarily due to
additional costs associated with the expanded network (including paging
operations), offset by a reduction in interconnection charges.  Operating
expenses as a percentage of service revenue decreased to 12% in 1997 from 14% in
1996.

Selling, general and administrative expenses increased to $18,049,000 from
$13,647,000 as a result of increased selling and marketing to increase the
customer base and additional personnel to service the expanding customer base.
Increases in bad debt expense, property taxes and subscriber billing expense
also contributed to this increase.  The increases in selling and marketing
costs, personnel costs, bad debt expense, property taxes and subscriber billing
expense were 38%, 9%, 13%, 7% and 7%, respectively, of the total $4,402,000
increase.

Depreciation of rental equipment increased to $177,000 from $115,000 due to an
increase in the number of rental pagers.

                                       9
<PAGE>
 
               CoreComm Incorporated and Subsidiaries (continued)


Depreciation expense increased to $3,806,000 from $2,888,000 primarily because
of an increase in property, plant and equipment.

Amortization expense increased to $1,557,000 from $1,527,000 primarily due to
increases in license acquisition costs.

Interest income and other, net, increased to $703,000 from $60,000 primarily due
to an increase in interest income on short term investments.

Interest expense increased to $3,984,000 from $1,779,000 as a result of the
increase in long-term debt at a higher effective interest rate during the first
quarter of 1997.

The provision for income taxes, net of income tax benefit of $237,000 from the
loss from the early extinguishment of debt, decreased to $1,091,000 from
$1,726,000 primarily as a result of a decrease in Puerto Rico taxable income of
certain of the Company's consolidated subsidiaries.

In connection with the repayment of the bank loan, the Company recorded an
extraordinary loss of $4,067,000 ($3,830,000 net of income tax benefit) from the
write-off of unamortized deferred financing costs.


                        LIQUIDITY AND CAPITAL RESOURCES

The Company requires capital to expand its cellular and paging network, for debt
service and, potentially, for the acquisition and development of additional
wireless licenses or communications businesses. The Company is currently adding
cell sites and increasing capacity throughout its Puerto Rico and U.S. Virgin
Islands markets.  The Company expects to use approximately $34,000,000 in 1997
for contemplated additions to the cellular system, the paging network and for
other non-cell site related capital expenditures.  Additionally, the 1997 amount
includes one time expenditures of approximately $4,000,000 for the occupancy of
a new building and $5,000,000 for hardware and software for an in-house billing
system.  The Company's commitments at March 31, 1997 of  $13,000,000 for
cellular network and other equipment and for construction services are included
in the total anticipated expenditures.  The Company expects to be able to meet
these requirements with cash on hand and cash from operations.

In April 1995, CCPR and Services entered into a $200,000,000 revolving credit
facility with various banks.  The line of credit was available until March 31,
1999, on which date it would have converted into a term loan with principal
payments based on an amortization schedule until September 30, 2003.

                                       10

<PAGE>
 
               CoreComm Incorporated and Subsidiaries (continued)


In January 1997, Services issued $200,000,000 principal amount 10% Senior
Subordinated Notes due 2007 (the "Notes") and received proceeds of $193,968,000
after discounts, commissions and other related costs.  The Notes are
unconditionally guaranteed by CCPR.  CCPR and Services used approximately
$116,000,000 of the proceeds to repay the $115,000,000 principal outstanding
plus accrued interest and fees under the bank loan.

The Notes are due on February 1, 2007.  Interest on the Notes is payable
semiannually commencing on August 1, 1997.  The Notes are redeemable, in whole
or in part, at the option of Services at any time on or after February 1, 2002,
at a redemption price of 105% that declines annually to 100% in 2005, in each
case together with accrued and unpaid interest to the redemption date.  The
Indenture contains certain covenants with respect to Services, CCPR and certain
subsidiaries that limit their ability to, among other things: (i) incur
additional indebtedness, (ii) pay dividends or make other distributions or
restricted payments, (iii) create liens, (iv) sell assets, (v) enter into
mergers or consolidations or (vi) sell or issue stock of subsidiaries.

In April 1996, the Board of Directors authorized the repurchase of up to an
additional 750,000 shares of the Company's common stock through open market
purchases as market conditions warrant.  This repurchase plan is in addition to
a previously announced repurchase plan for up to 250,000 shares.  As of March
31, 1997, the Company has repurchased 585,000 shares for an aggregate of
$15,156,000, of which 207,000 shares that cost an aggregate of $6,145,000 were
retired.

Cash provided by operating activities was $8,602,000 and $9,987,000 for the
three months ended March 31, 1997 and 1996, respectively.  The decrease in cash
provided by operating activities is a result of  changes in operating assets and
liabilities.  Purchases of property, plant and equipment of $7,210,000 in 1997
were primarily for additional cell sites and increased capacity in the Company's
cellular and paging systems.

The allowance for doubtful accounts was $3,889,000 as of March 31, 1997 and
$3,767,000 as of December 31, 1996.  Write-offs net of recoveries as a
percentage of service revenue was 6.0% for the three months ended March 31, 1997
compared to 5.8% for the year ended December 31, 1996. This percentage increased
because the Company and its subsidiaries have attracted and continue to attract
new segments of the market.  The Company and its subsidiaries continue to
attempt to reduce this percentage by improving credit procedures and instituting
innovative forms of payment such as prepaid billing.

The Company may also require additional capital for acquisitions of minority
interests in its Aguadilla market, or for the acquisition of certain other RSAs
or in other telecommunications related industries, if opportunities for such
acquisitions arise.  The Company has from time to time engaged in discussions
with third parties regarding such acquisitions both inside and outside of Puerto
Rico and the U.S. Virgin Islands.

                                       11
<PAGE>
 
                     CoreComm Incorporated and Subsidiaries


PART II.  OTHER INFORMATION

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

          (a)  Exhibits Included Within:

               27.  Financial Data Schedule

          (b)  Reports on Form 8-K:

               During the quarter ended March 31, 1997, the Company filed the
               following reports on Form 8-K:

               (i)   Report dated January 9, 1997, reporting under Item 5, Other
                     Events, the announcement that the Company and its wholly-
                     owned subsidiary, CCPR Services, Inc., intend to effect a
                     corporate restructuring.

               (ii)  Report dated January 15, 1997, reporting under Item 5,
                     Other Events, the announcement that the Company selected
                     "CoreComm Incorporated" as the name of the new holding
                     company that will be created in the corporate
                     restructuring.

               (iii) Report dated January 28, 1997, reporting under Item 5,
                     Other Events, the announcement of the pricing terms of the
                     private placement Senior Subordinated Notes due 2007, to be
                     issued by CCPR Services, Inc.

               (iv)  Report dated January 31, 1997, reporting under Item 5,
                     Other Events, the announcement of the completion of the
                     private placement of $200 million of 10% Senior
                     Subordinated Notes due 2007, by CCPR Services, Inc.

               No financial statements were filed with these reports.

                                       12
<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.


                                    CORECOMM INCORPORATED

Date:  May 8, 1997                  By: /s/ J. Barclay Knapp
                                        -------------------------
                                        J. Barclay Knapp
                                        President



Date:  May 8, 1997                  By: /s/ Gregg Gorelick
                                        --------------------------
                                        Gregg Gorelick
                                        Vice President-Controller
                                        (Principal Accounting Officer)

                                       13