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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): October 14, 1998
EXCEL COMMUNICATIONS, INC.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation)
1-13433 75-2720091
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(Commission File Number) (I.R.S. Employer Identification No.)
8750 North Central Expressway
Dallas, Texas, Suite 2000 75231
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(Address of Principal Executive Offices) (Zip Code)
(214) 863-8000
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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NYFS05...:\41\44241\0005\2097\FRM0158R.58C
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ITEM 5. OTHER EVENTS
EXCEL Communications, Inc. ("EXCEL") and Teleglobe Inc.
("Teleglobe") entered into a Letter Agreement as of October 14, 1998
in which EXCEL agreed that it would not constitute a breach of
Section 7.1(f) (relating to certain termination rights of EXCEL)
under the Agreement and Plan of Merger, dated as of June 14, 1998,
among EXCEL, Teleglobe and North Merger Sub Corporation in the event
that BCE Inc. ("BCE") (which presently owns 24.9% of the outstanding
common shares of Teleglobe) should become an owner of in excess of
25% of the outstanding voting stock of Teleglobe, so long as BCE's
voting share ownership in Teleglobe does not exceed 33%.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
EXCEL Communications, Inc.
Date: October 22, 1998 /s/ Chris Dance
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By: J. Christopher Dance
Executive Vice President,
Secretary and General Counsel
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