CoreComm Holdco, Inc. Completes Name Change to ATX Communications, Inc.

New York, NY - July 15, 2002 - CoreComm Holdco, Inc. (Nasdaq: COMMD), a leading integrated communications provider, announced today that it has completed the process to change the name of the company to ATX Communications, Inc. The formal transition to the ATX name follows the successful completion of a recapitalization effort in which the Company significantly strengthened its balance sheet and operations.

New York, NY - July 15, 2002 - CoreComm Holdco, Inc. (Nasdaq: COMMD), a leading integrated communications provider, announced today that it has completed the process to change the name of the company to ATX Communications, Inc. The formal transition to the ATX name follows the successful completion of a recapitalization effort in which the Company significantly strengthened its balance sheet and operations.

"For nearly two decades, ATX has been a profitable, service-oriented business that people and organizations trust to help them achieve their objectives," commented Thomas Gravina, President and Chief Executive Officer. "With all of the success we've enjoyed, dating from our inception in the mid-1980s to our recent and dramatic operational improvements, we're extremely pleased to extend the ATX name and 17-year heritage to represent our entire business."

ATX Communications, Inc. reflects the Company's 17-year history and position as a valued resource to businesses and consumers. The Company and its Commercial Division, founded in 1985 as ATX Telecommunications Services, have a proven track record, as well as valuable assets that include an expanding network infrastructure, a team of approximately 1,300 knowledgeable and dedicated employees, and a loyal and growing base of approximately 400,000 commercial and residential customers.

"Over the years, ATX has enriched the lives of many people," continued Gravina. "Through customers, vendors, family, and friends, ATX has been a vital part of the community for a long time. We look forward to carrying on the traditions and victories that have made ATX a leader in its field."

About ATX Communications, Inc.
Founded in 1985, ATX is a facilities-based integrated communications provider offering local exchange carrier and inter-exchange carrier telephone, Internet, e-business, high-speed data, and wireless services to business and residential customers in targeted markets throughout the Mid-Atlantic and Midwest regions of the United States. ATX currently serves approximately 400,000 business and residential customers. For more information on ATX, please visit www.atx.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
In addition to the historical information presented, this release also includes certain forward-looking statements concerning the future development of the business. Such statements represent the Company's reasonable judgment on the future and are based on assumptions and factors that could cause actual results to differ materially. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in assumptions or changes in factors affecting such statements.

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