NACT TELECOMMUNICATIONS INC
15-12G, 1998-10-28
ELECTRONIC PARTS & EQUIPMENT, NEC
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<PAGE>   1



                       SECURITIES AND EXCHANGE COMMISSION
                                        
                             WASHINGTON, D.C. 20549
                                        
                                    FORM 15

Certification and Notice of Termination of Registration under Section 12(g) of 
the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under 
Sections 13 and 15(d) of the Securities Exchange Act of 1934.

                     Commission File Number      000-22017
                                           --------------------

                         NACT Telecommunications, Inc.
             ------------------------------------------------------
             (Exact Name of registrant as specified in its charter)


             191 West 5200 North, Provo, Utah 84604 (801) 802-3000
- ---------------------------------------------------------------------------
(Address, including zip code, and telephone number, including area code, of 
registrant's principal executive offices)

                     Common Stock, par value $.01 per share
            --------------------------------------------------------
            (Title of each class of securities covered by this Form)

                                      None
- --------------------------------------------------------------------------
(Title of all other classes of securities for which a duty to file reports 
under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule provision(s) 
relied upon to terminate or suspend the duty to file reports:

          Rule 12g-4(a)(1)(i)      [x]       Rule 12h-3(b)(1)(ii)          [ ]
          Rule 12g-4(a)(1)(ii)     [ ]       Rule 12h-3(b)(2)(i)           [ ]
          Rule 12g-4(a)(2)(i)      [ ]       Rule 12h-3(b)(2)(ii)          [ ]
          Rule 12g-4(a)(2)(ii)     [ ]       Rule 15d-6                    [ ]
          Rule 12h-3(b)(1)(i)      [x]

Approximate number of holders or record as of the certification or notice date:
                                    Two (2)
                            ------------------------

     Pursuant to the requirements of the Securities Exchange Act of 1934, World 
Access, Inc. (formerly WAXS INC. and successor issuer to NACT 
Telecommunications, Inc.) has caused this certification/notice to be signed on 
its behalf by the undersigned duly authorized person.

DATE: October 28, 1998                            /s/ Mark A. Gergel
                                      ----------------------------------------
                                      Mark A. Gergel, Executive Vice President
                                             and Chief Financial Officer


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