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FORM 3 OMB APPROVAL
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OMB Number:3235-0104
Expires: September
30, 1998
Estimated average
burden hours per
response.........0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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
(Print or Type Responses)
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1. Name and Address of Reporting Person*
PRINS RICHARD K.
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(Last) (First) (Middle)
10411 MOTOR CITY DRIVE
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(Street)
BETHESDA MARYLAND 20817
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
OCTOBER 8, 1997
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3. I.R.S. Identification Number of Reporting Person, if an
entity (voluntary)
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4. Issuer Name and Ticker or Trading Symbol
STARTEC GLOBAL COMMUNICATIONS CORPORATION (STGC)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_X_ Director ___ 10% Owner
___ Officer (give title ___ Other (specify
below) below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security (Instr.4)
None
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2. Amount of Securities Beneficially Owned (Inst.4)
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3. Ownership Form: Direct (D) or Indirect (I) (Instr.5)
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4. Nature of Indirect Beneficial Ownership (Instr. 5)
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see
Instruction 5(b)(v).
(Over)
SEC 1473 (7-97)
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FORM 3 (continued)
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TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (e.g.,
PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security (Instr. 4)
None*+
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2. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
___________________ ________________
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3. Title and Amount of Securities Underlying Derivative
Security (Instr. 4)
Title Amount or Number of Shares
__________________ __________________________
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct(D) or Indirect
(I) (Instr. 5)
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
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Explanation of Responses:
* An option to acquire 5,000 shares of Common Stock at an
exercise price of $10.00 per share was granted on 09/12/97
subject to the effectiveness of the Company's Initial Public
Offering and the Reporting Person becoming a member of the
Board of Directors.
+ Upon completion of the Company's initial public offering,
the Reporting Person will receive a portion of the
underwriters' warrants for the purchase of up to 25,000
shares of Common Stock at an exercise price equal to 110% of
the intial public offering price.
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/s/ RICHARD K. PRINS October 8, 1997
_______________________________ _______________
**Signature of Reporting Person Date
** 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 is insufficient, See
Instruction 6 for procedure.
Page 2
SEC 1473 (7-97)
