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FORM 4 OMB APPROVAL
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/ / Check this box if no OMB Number:3235-0362
longer subject to Section Expires: September
16. Form 4 or Form 5 obligation 30, 2000
may continue. See Instruction 1 Estimated average
burden hours per
response.........1.0
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN 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
(Print or Type Responses)
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1. Name and Address of Reporting Person*
DAS ANTHONY A.
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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. Issuer Name and Ticker or Trading Symbol
Startec Global Communications Corporation (STGC)
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3. I.R.S. or Social Security Number of Reporting Person,
(Voluntary)
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4. Statement for Month/Year
November, 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
___ Director ___ 10% Owner
_X_ Officer (give title ___ Other (specify
below) below)
Senior Vice President, Corporate and International Affairs
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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
<PAGE>
==============================================================
TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED
OF, OR BENEFICIALLY OWNED
==============================================================
1. Title of Security (Instr.3)
A. Common Stock, par value $.01 per share
B. Common Stock, par value $.01 per share
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2. Transaction Date (Month/Day/Year)
A. November 18, 1999
B. November 18, 1999
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3. Transaction Code (Instr.8)
Code V
---- ----
A. S
B. S
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
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A. 4,100 D $19.875
B. 4,900 D $19.75
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5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
A. 0
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.4)
A.
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7. Nature of Beneficial Ownership (Instr. 4)
A.
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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
4(b)(v).
(Over)
SEC 1474 (7-97)
<PAGE>
FORM 4 (continued)
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TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (e.g.,
PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
SECURITIES)
=============================================================
1. Title of Derivative Security (Instr. 3)
A. Option (Right to Buy)
B. Option (Right to Buy)
C. Option (Right to Buy)
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2. Conversion or Exercise Price of Derivative Security
A. $9.00
B. $9.00
C. $9.00
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3. Transaction Date (Month/Day/Year)
A. November 18, 1999
B. November 18, 1999
C. November 18, 1999
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4. Transaction Code (Instr. 8)
Code V
---- -
A. M
B. M
C. M
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
A. 3,000 D
B. 3,000 D
C. 3,000 D
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6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
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A. ** 8/18/07
B. ** 12/08/07
C. ** 6/08/08
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7. Title and Amount of Securities Underlying Securities (Instr. 3 and 4)
Title Amount or Number of Shares
----- --------------------------
A. Common Stock 75,000
B. Common Stock 15,000
C. Common Stock 15,000
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8. Price of Derivative Security (Instr. 5)
A. $9.00*
B. $9.00*
C. $9.00*
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9. Number of Derivative Securities Beneficially Owned at End of Month (Instr.
4)
A. 4,500
B. 12,000
C. 12,000
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10. Ownership Form of Derivative Security: Direct(D) or Indirect (I) (Instr. 4)
A. D
B. D
C. D
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Explanation of Responses:
** Options vests 20% per year beginning on the first anniversary of the date
of grant. Notwithstanding such vesting schedule, the exercisability of all out-
standing options were suspended for six months from the repricing date of Decem-
ber 14, 1998.
* Options reprice on December 14, 1998.
==============================================================
/S/ ANTHONY A. DAS December 10, 1999
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**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 provided is insufficient,
see Instruction 6 for procedure.
Page 2
SEC 1474 (7-97)
