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OMB APPROVAL
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OMB Number 3235-0104
Expires: 9/30/00
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person*
Gold & Appel Transfer, S.A.
(Last) (First) (Middle)
Omar Hodge Building, Wickham City
(Street)
Road Town Tortula, British Virgin Islands
(City) (State) (Zip)
2. Date of Event Requiring Statement
(Month/Day/Year)
July 6, 1999
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
STARTEC GLOBAL COMMUNICATIONS CORPORATION (STGC)
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
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Officer (give title below) Other (specify below)
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6. If Amendment, Date of Original (Month/Year)
7. Individual or Joint/Group Reporting
(check applicable line)
X Form Filed by One Reporting Person
----
Form Filed by More than One Reporting Person
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[CAPTION]
Table I-Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of Securities 3. Ownership Form
(Instr. 3) Beneficially Owned Direct (D) or
(Instr.4) Indirect (I)
(Instr. 5)
Common Stock 988,550 (1) D
(1) Mr. Walt Anderson has the power to dispose of the shares of Common Stock
of the Issuer (the "Shares") owned by Gold & Appel, S.A., which
beneficially owns 10% or more of the Shares, pursuant to a power-of-
attorney from Gold & Appel, S.A. Mr. Anderson has no pecuniary interest
in such Shares and disclaims beneficial ownership thereof.
*If the form is filed by more than one reporting person, see instruction
4(b)(v).
(Over)
Page 1 of 2
<PAGE>
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
Table II-Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)
<C>
2. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
---------------- ---------------
<C> <C>
3. Title and Amount of Underlying Securities (Instr. 4)
Title Amount or Number of Shares
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<C> <C>
4. Conversion or Exercise Price of Derivative Security
<C>
5. Ownership Form of Derivative Security Direct (D)or Indirect (I) (Instr. 5)
<C> <C>
6. Nature of Indirect Beneficial Ownership (Instr. 5)
Explanation of Responses:
/s/ Walt Anderson 08/10/99
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**Signature of Reporting Person Date
Walt Anderson, Attorney-in-Fact for
Gold & Appel Transfer, S.A.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays a
currently valid OMB number.
Page 2 of 2
SEC 1473 (7-96)
</TABLE>
