<PAGE>

                       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:  February 25, 1998





                            Able Telcom Holding Corp.
               (Exact name of registrant as specified in charter)




         Florida                   0-21986                  65-0013218
     (State or other             (Commission              (IRS employer
       jurisdiction              file number)          identification no.)
    of incorporation)






1601 Forum Place, Suite 1110, West Palm Beach, Florida      33401
       (Address of principal executive offices)          (Zip code)




Registrant's telephone number, including area code:  (561) 688-0400





<PAGE>


Item 2. Acquisition or Disposition of Assets.

     On February 25,  1998,  Able Telcom  Holding  Corp.  ("Able"),  through its
wholly owned subsidiary Georgia Electric Company ("GEC") acquired  substantially
all of the assets, and assumed certain  liabilities,  of COMSAT RSI Acquisition,
Inc.  (d/b/a  COMSAT  RSI  JEFA  Wireless  Systems),   a  subsidiary  of  COMSAT
Corporation.  As part  of the  transaction,  GEC  assumed  certain  construction
contracts  with  the  Texas  Department  of  Transportation  and  various  other
telecommunication  customers.  GEC acquired the  accounts  receivable  and fixed
assets of the seller and assumed its trade payables, and received a cash payment
from the seller at closing of $4,662,854.

      COMSAT RSI JEFA  Wireless  Systems  ("JEFA") is a provider of  intelligent
traffic  systems  and  wireless   infrastructure   services.  JEFA  operates  in
twenty-one  states with its main operations  located in Texas and Alabama.  JEFA
was  engaged  in  the  business  of  (a)  installing,  testing  and  maintaining
intelligent  highway and traffic  communication  systems including  computerized
management  systems,  wireless and fiber optic data networks,  weather  sensors,
voice , data and video systems and (b) the planning,  engineering,  construction
and  maintenance  of  wireless  networks.  Able  intends  that  its subsidiaries
will use the acquired assets to continue the business formerly engaged in by
JEFA.




<PAGE>


Item 7. Financial Statements and Exhibits.


      The following financial  statements,  pro forma financial  information and
exhibits are filed as part of this report:

      (a)   Financial Statements.

     Financial  statements  relating to the  acquisition  described in Item 2 of
this report are not  included  herein but will be filed within 60 days after the
filing date of this report.

      (b)   Pro forma Financial Information.

    Pro Forma financial  information  relating to the  acquisition  described in
Item 2 of this report is not  included  herein but will be filed,  to the extent
required, within 60 days after the filing date of this report.

      (c)   Exhibits.



Exhibit
   No.                        Description

2.1         Asset Purchase Agreement, dated November 26, 1997,  among 
            Able Telcom Holding Corp., Georgia Electric Company, Transportation
            Safety Contractors, Inc., COMSAT RSI Acquisition, Inc. and COMSAT
            Corporation.*

2.2         Indemnification  Agreement,  dated  February  25,  1998,  among Able
            Telcom  Holding  Corp.,  Georgia  Electric  Company,  Transportation
            Safety Contractors,  Inc., COMSAT RSI Acquisition,  Inc., and COMSAT
            Corporation (To be filed by amendment).



------------------------------------------------------------------------------

    *Exhibits and schedules  containing  detailed  asset and liability  listings
     and other  disclosures have been omitted.  Able agrees to furnish a copy of
     such items  supplementally  to the Securities and Exchange  Commission upon
     request.



<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.


                                            ABLE TELCOM HOLDING CORP.

                                            By:
                                                 /s/ Billy V. Ray
                                                 --------------------------
                                                 Billy V. Ray
                                                 Chief Financial Officer


Date: March 12, 1998






<PAGE>


                                  EXHIBIT INDEX


Exhibit
Number      Description

2.1         Asset Purchase Agreement, dated November 26, 1997, among Able Telcom
            Holding Corp., Georgia Electric Company, Transportation Safety
            Contractors, Inc., COMSAT RSI Acquisition, Inc. and COMSAT
            Corporation.

2.2         Indemnification  Agreement,  dated  February  25,  1998,  among 
            Able Telcom Holding Corp.,  Georgia Electric  Company,  
            Transportation  Safety  Contractors, Inc.,  COMSAT RSI  
            Acquisition,  Inc.,  and COMSAT  Corporation  (To be filed by
            amendment).
[{"type": "8-K", "sequence": "1", "description": "CURRENT REPORT", "secsgml_size_bytes": 5487}]
{"company-data": {"conformed-name": "ABLE TELCOM HOLDING CORP", "cik": "0000826411", "assigned-sic": "1731", "irs-number": "650013218", "state-of-incorporation": "FL", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-21986", "film-number": "98564701"}, "business-address": {"street1": "1601 FORUM PL", "street2": "STE 305", "city": "WEST PALM BEACH", "state": "FL", "zip": "33401", "phone": "4076880400"}, "mail-address": {"street1": "1601 FORUM PLACE", "city": "WEST PALM BEACH", "state": "FL", "zip": "33401"}, "former-company": {"former-conformed-name": "DELTA VENTURE FUND INC", "date-changed": "19890312"}}
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:  February 25, 1998

                            Able Telcom Holding Corp.
               (Exact name of registrant as specified in charter)

         Florida                   0-21986                  65-0013218
     (State or other             (Commission              (IRS employer
       jurisdiction              file number)          identification no.)
    of incorporation)

1601 Forum Place, Suite 1110, West Palm Beach, Florida      33401
       (Address of principal executive offices)          (Zip code)

Registrant's telephone number, including area code:  (561) 688-0400
Item 2. Acquisition or Disposition of Assets.

     On February 25,  1998,  Able Telcom  Holding  Corp.  ("Able"),  through its
wholly owned subsidiary Georgia Electric Company ("GEC") acquired  substantially
all of the assets, and assumed certain  liabilities,  of COMSAT RSI Acquisition,
Inc.  (d/b/a  COMSAT  RSI  JEFA  Wireless  Systems),   a  subsidiary  of  COMSAT
Corporation.  As part  of the  transaction,  GEC  assumed  certain  construction
contracts  with  the  Texas  Department  of  Transportation  and  various  other
telecommunication  customers.  GEC acquired the  accounts  receivable  and fixed
assets of the seller and assumed its trade payables, and received a cash payment
from the seller at closing of $4,662,854.

      COMSAT RSI JEFA  Wireless  Systems  ("JEFA") is a provider of  intelligent
traffic  systems  and  wireless   infrastructure   services.  JEFA  operates  in
twenty-one  states with its main operations  located in Texas and Alabama.  JEFA
was  engaged  in  the  business  of  (a)  installing,  testing  and  maintaining
intelligent  highway and traffic  communication  systems including  computerized
management  systems,  wireless and fiber optic data networks,  weather  sensors,
voice , data and video systems and (b) the planning,  engineering,  construction
and  maintenance  of  wireless  networks.  Able  intends  that  its subsidiaries
will use the acquired assets to continue the business formerly engaged in by
JEFA.
Item 7. Financial Statements and Exhibits.

      The following financial  statements,  pro forma financial  information and
exhibits are filed as part of this report:

      (a)   Financial Statements.

     Financial  statements  relating to the  acquisition  described in Item 2 of
this report are not  included  herein but will be filed within 60 days after the
filing date of this report.

      (b)   Pro forma Financial Information.

    Pro Forma financial  information  relating to the  acquisition  described in
Item 2 of this report is not  included  herein but will be filed,  to the extent
required, within 60 days after the filing date of this report.

      (c)   Exhibits.

Exhibit
   No.                        Description

2.1         Asset Purchase Agreement, dated November 26, 1997,  among 
            Able Telcom Holding Corp., Georgia Electric Company, Transportation
            Safety Contractors, Inc., COMSAT RSI Acquisition, Inc. and COMSAT
            Corporation.*

2.2         Indemnification  Agreement,  dated  February  25,  1998,  among Able
            Telcom  Holding  Corp.,  Georgia  Electric  Company,  Transportation
            Safety Contractors,  Inc., COMSAT RSI Acquisition,  Inc., and COMSAT
            Corporation (To be filed by amendment).

------------------------------------------------------------------------------

    *Exhibits and schedules  containing  detailed  asset and liability  listings
     and other  disclosures have been omitted.  Able agrees to furnish a copy of
     such items  supplementally  to the Securities and Exchange  Commission upon
     request.
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.

                                            ABLE TELCOM HOLDING CORP.

                                            By:
                                                 /s/ Billy V. Ray
                                                 --------------------------
                                                 Billy V. Ray
                                                 Chief Financial Officer

Date: March 12, 1998
EXHIBIT INDEX

Exhibit
Number      Description

2.1         Asset Purchase Agreement, dated November 26, 1997, among Able Telcom
            Holding Corp., Georgia Electric Company, Transportation Safety
            Contractors, Inc., COMSAT RSI Acquisition, Inc. and COMSAT
            Corporation.

2.2         Indemnification  Agreement,  dated  February  25,  1998,  among 
            Able Telcom Holding Corp.,  Georgia Electric  Company,  
            Transportation  Safety  Contractors, Inc.,  COMSAT RSI  
            Acquisition,  Inc.,  and COMSAT  Corporation  (To be filed by
            amendment).