Filed by CoreComm Holdco, Inc.
                                          Pursuant to Rule 425 under the
                                          the Securities Act of 1933, as amended

                                          Subject Company: CoreComm Limited
                                          Commission File No. 333-82400

                                          Date: May 10, 2002


         The following press release was issued by CoreComm Limited and
CoreComm Holdco, Inc.:

[CoreComm Limited Logo]

FOR IMMEDIATE RELEASE
---------------------

                CORECOMM LIMITED AND CORECOMM HOLDCO ANNOUNCE
               EXTENSION OF EXPIRATION DATE FOR EXCHANGE OFFERS

         New York, New York (May 10, 2002) - CoreComm Limited (Nasdaq: COMM)
and its formerly wholly-owned subsidiary CoreComm Holdco, Inc. announced
today the extension of the expiration date of the registered public exchange
offers by CoreComm Holdco until 12:00 Midnight, New York City time, on May
21, 2002, unless CoreComm Holdco terminates the exchange offers or extends
the expiration date. The exchange offers were previously scheduled to expire
at 12:00 Midnight, New York City time, on May 10, 2002. This is the third
extension of the exchange offers. CoreComm Holdco is extending the registered
public exchange offers because it is still in the process of addressing
comments received from the Securities and Exchange Commission with respect to
the Form S-4 previously filed in connection with the exchange offers.

         In the exchange offers, the holders of CoreComm Limited securities
are being asked to tender: (1) each share of CoreComm Limited common stock
they hold for 1/38.9 of a share of common stock of CoreComm Holdco (subject
to rounding); and (2) each $1,000 aggregate principal amount of CoreComm
Limited's 6% Convertible Subordinated Notes they hold, for 9.1047 shares of
common stock of CoreComm Holdco (subject to rounding) and $30 in cash.

         Continental Stock Transfer & Trust Company, the depositary for the
exchange offers, has advised CoreComm Holdco that 98,030,126 shares of
CoreComm Limited common stock (approximately 70% of the outstanding shares)
and $392,000 aggregate principal amount of CoreComm Limited's 6% Convertible
Subordinated Notes (approximately 8% of the outstanding principal amount not
held by CoreComm Holdco) have been tendered and not withdrawn as of 4:30
P.M., New York City time, on May 10, 2002, in response to the exchange
offers. The exchange offers are subject to the terms and conditions set forth
in the preliminary prospectus, dated April 15, 2002, and the related letters
of transmittal, which constitute the exchange offers. Investors are
encouraged to read the information regarding the exchange offers at the end
of this release, which describes where you can get more information.

                                   *******

         The foregoing reference to the exchange offers shall not constitute
an offer to sell or the solicitation of an offer to buy, nor shall there be
any sale of shares of common stock of CoreComm Holdco in any state in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. Investors and
security holders are urged to read the following documents (including
amendments that may be made to them), regarding the exchange offers because
they contain important information:

         -     CoreComm Holdco's preliminary prospectus, prospectus
               supplements and final prospectus;

         -     CoreComm Holdco's registration statement on Form S-4,
               containing such documents and other information; and

         -     CoreComm Holdco's Schedule TO.

         These documents and amendments and supplements to these documents
have been and will continue to be filed, as they may be amended and
supplemented, with the Securities and Exchange Commission. When these and
other documents are filed with the SEC, they may be obtained free at the
SEC's web site at www.sec.gov. You may also obtain for free each of these
documents (when available) from CoreComm Holdco by directing your request to
the number listed below.

         For further information regarding the exchange offers, including
obtaining additional copies of the exchange offer materials, we encourage you
to contact the information agent:

D.F. King & Co., Inc.
77 Water Street
New York, New York 10005
Banks and Brokers Call Collect: (212) 269-5550
All Others Call Toll Free: (800) 848-2998

For any other information contact: Selim Kender, Vice President - Corporate
Development at (212) 906-8485.