Abstract: A plier-type cutting tool for cutting coaxial cables without deforming the cable includes a pair of longitudinally extending members joined by a common pivot member disposed near the jaw ends of the tool. Each jaw includes a pair of opposed, obliquely related cutting edges with a third cutting edge extending between the oblique pair in concave configuration. The oblique cutting edge nearest the open end of each jaw is sharpest, and is provided for cutting the insulation and outer tube of a coaxial cable. The third cutting edge of each jaw is harder and not as sharp, and is provided for severing the inner conductor of the cable.