SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) July 2, 2003 ATX COMMUNICATIONS, INC. (Exact Name of Registrant as Specified in Charter) Delaware 000-49899 13-4078506 (State or Other Jurisdiction (Commission (IRS Employer Of Incorporation) File Number) Identification No.) 50 Monument Road, Bala Cynwyd, Pennsylvania 19004 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (610) 668-3000 -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) Item 9. Regulation FD Disclosure ATX Communications, Inc. and its subsidiaries (collectively, the "Company") has engaged Credit Suisse First Boston LLC as an advisor in connection with the Company's ongoing review of the Company's strategic alternatives. As indicated in the Company's last quarterly report filed on Form 10-Q the Company has been and intends to continue to seek and consider strategic alternatives in order to reduce the Company's overall indebtedness, including amounts outstanding under the Company's senior secured credit facility. Such strategic alternatives may include, among other things, debt or equity financings or refinancings, recapitalizations, restructurings, mergers and acquisitions or other transactions. 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. Date: July 8, 2003 ATX COMMUNICATIONS, INC. (Registrant) By: /s/ Michael A. Peterson ---------------------------------- Name: Michael A. Peterson Title: Executive Vice President - Chief Operating Officer and Chief Financial Officer