SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)
STARTEC GLOBAL COMMUNICATIONS CORPORATION
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(Name of Issuer)
Common Stock -- par value $.01 per share
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(Title of Class of Securities)
85569E103
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(CUSIP Number)
February 18,1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
___ Rule 13d-1(b)
X Rule 13d-1(c)
___ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the
Act.
SEC 1745 (3-98)
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SCHEDULE 13G
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CUSIP No. 85569E103 Page 2 of 9 pages
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1. NAME OF REPORTING PERSON: Atocha, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 54-1814354
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
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NUMBER OF 5. SOLE VOTING POWER: -0-
SHARES BENEFICIALLY -----------------------------------------------------
OWNED BY EACH 6. SHARED VOTING POWER: 606,500
REPORTING -----------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER: -0-
WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER: 606,500
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 606,500
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.46%
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12. TYPE OF REPORTING PERSON*: PN
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SCHEDULE 13G
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CUSIP No. 85569E103 Page 3 of 9 pages
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1. NAME OF REPORTING PERSON: Thomas J. Cirrito
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION: Virginia
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NUMBER OF 5. SOLE VOTING POWER: 19,000
SHARES BENEFICIALLY -----------------------------------------------------
OWNED BY EACH 6. SHARED VOTING POWER: 606,500
REPORTING -----------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER: 19,000
WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER: 606,500
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 625,500
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 6.66%
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12. TYPE OF REPORTING PERSON*: IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 9 pages
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Item 1(a). Name of Issuer:
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Startec Global Communications Corporation (the
"Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
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10411 Motor City Drive
Bethesda, Maryland 20817
Items 2(a) Name of Person Filing; Address of
and (b). Principal Business Office:
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This statement is filed by: (a) Atocha, L.P., a
Texas limited partnership ("Atocha"); and (b)
Thomas J. Cirrito, a natural person and a citizen
of the United States of America ("Mr. Cirrito"),
as joint filers.
Atocha, a Texas limited partnership, has its
principal business address at 6429 Georgetown
Pike, McLean, Virginia 22101. Atocha's principal
business is making venture capital investments.
Mr. Cirrito's business address is 6429 Georgetown
Pike, McLean, Virginia 22101. Mr. Cirrito's
principal occupation is general partner of
Atocha.
Page 4 of 9 pages
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Item 2(c). Citizenship:
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Atocha: Not applicable.
Mr. Cirrito: United States of America
Item 2(d). Title of Class of Securities:
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Common Stock, par value $.01 per
share (the "Common Stock"), of the Issuer.
Item 2(e). CUSIP Number:
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85569E103
Item 3. Not Applicable.
- -------
Item 4. Ownership:
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Atocha:
(a) 606,500 shares of Common Stock, as of
April 16, 1999
(b) 6.46%
(c) (i) [-0-]
(ii) 606,500
(iii) [-0-]
(iv) 606,500
Mr. Cirrito:
(a) 625,500 shares of Common Stock, as of
April 16, 1999
(b) 6.66%
(c) (i) 19,000
(ii) 606,500
(iii) 19,000
(iv) 606,500
Item 5. Ownership of Five Percent or Less of a Class:
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Not Applicable.
Item 6. Ownership of More than Five Percent on
- ------ Behalf of Another Person:
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Not Applicable.
Item 7. Identification and Classification of the
- ------ Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company:
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Not Applicable.
Page 5 of 9 pages<PAGE>
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Item 8. Identification and Classification of
- -------- Members of the Group:
--------------------
Not Applicable.
Item 9. Notice of Dissolution of Group:
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Not Applicable.
Item 10. Certification:
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Not Applicable.
Page 6 of 9 pages
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SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Dated: April 21, 1999
ATOCHA, L.P.
By: Thomas J. Cirrito,
General Partner
By: /s/ Thomas J. Cirrito
---------------------------
Name: Thomas J. Cirrito
Title: General Partner
/s/ Thomas J. Cirrito
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Thomas J. Cirrito
Page 7 of 9 pages
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EXHIBITS
Exhibit 99.1 Joint Filing Agreement, dated April 21, 1999,
among the signatories to this Schedule 13G.
Page 8 of 9 pages
Exhibit I
JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(k)(1)
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The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint filing agreements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning it contained therein, but shall not
be responsible for the completeness and accuracy of the information concerning
the others, except to the extent that it knows or has reason to
believe that such information is inaccurate. This Agreement may be executed
in any number of counterparts and all of such counterparts taken together
shall constitute one and the same instrument.
Dated: April 21, 1999
ATOCHA, L.P.
By: Thomas J. Cirrito,
General Partner
By: /s/ Thomas J. Cirrito
---------------------------
Name: Thomas J. Cirrito
Title: General Partner
/s/ Thomas J. Cirrito
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Thomas J. Cirrito
Page 9 of 9 pages
