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

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

                                       Date: May 28, 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 28, 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 5:00 P.M., New York City
time, on June 3, 2002, unless CoreComm Holdco terminates the exchange
offers or extends the expiration date. The exchange offers were previously
scheduled to expire at 5:00 PM, New York City time, on May 28, 2002.
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 100,636,755 shares of
CoreComm Limited common stock (approximately 72% 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withdrawn as of 4:30 P.M., New York City time, on May 28, 2002, in response
to the exchange offers. The exchange offers are subject to the terms and
conditions set forth in the preliminary prospectus, dated May 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.