SBC COMMUNICATIONS INC
SC 13D/A, 2000-07-05
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
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                   SECURITIES AND EXCHANGE COMMISSION
                        Washington, DC 20549

                            SCHEDULE 13D/A
                            (Rule 13d-101)

            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                            RULE 13d-2(a)

                          (Amendment No. 1)

                         MAGYAR TAVKOZLESI RT
               (Hungarian Telecommunications Company Limited)
 ---------------------------------------------------------------------
                        (Name of Issuer)

                 ORDINARY SHARES, NOMINAL VALUE HUF 100
----------------------------------------------------------------------
                     (Title of Class of Securities)

                                  NONE
              (CUSIP for American Depository Shares evidenced by
  American Depository Receipts (representing Ordinary Shares) is 559776109)
-----------------------------------------------------------------------------
                              (Cusip Number)

                             Wayne Wirtz, Esq.
                         SBC Communications Inc.
                              175 East Houston
                          San Antonio, TX 78205
                              (210) 351-3736
-----------------------------------------------------------------------------
           (Name and Address, and Telephone Number of Person
           Authorized to Receive Notices and Communications)

                                June 30, 2000
-----------------------------------------------------------------------------
                (Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box [ ].

                        (continued on following pages)
                               (Page 1 of 13 Pages)




<PAGE>


------------------------------------------------------------------------------
CUSIP NO.  559776109                   13D/A                PAGE 2 OF 13 PAGES
------------------------------------------------------------------------------
------------------------------------------------------------------------------
1.  NAME OF REPORTING PERSON                           SBC COMMUNICATIONS INC.
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              43-1301883
------------------------------------------------------------------------------
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                  (a) [  ]
                                                                      (b) [  ]
------------------------------------------------------------------------------
3.  SEC USE ONLY
------------------------------------------------------------------------------
4.  SOURCE OF FUNDS                                                         AF
------------------------------------------------------------------------------
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
     IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)                            [  ]
-----------------------------------------------------------------------------
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                              Delaware
------------------------------------------------------------------------------
                           7.   SOLE VOTING POWER                            0
  NUMBER OF
  SHARES                   ---------------------------------------------------
  BENEFICIALLY             8.   SHARED VOTING POWER                          0
  OWNED BY
  EACH                     ---------------------------------------------------
  REPORTING                9.   SOLE DISPOSITIVE POWER                       0
  PERSON
  WITH                     ---------------------------------------------------
                           10.  SHARED DISPOSITIVE POWER                     0
------------------------------------------------------------------------------
11.    AGGREGATE AMOUNT BENEFICIALLY OWNED
         BY EACH REPORTING PERSON                                            0
- ----------------------------------------------------------------------------
12.    CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES                                [   ]
------------------------------------------------------------------------------
13.    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                   0%
------------------------------------------------------------------------------
14.    TYPE OF REPORTING PERSON                                             HC
------------------------------------------------------------------------------







<PAGE>


------------------------------------------------------------------------------
CUSIP NO.  559776109                   13D/A                PAGE 3 OF 13 PAGES
------------------------------------------------------------------------------
------------------------------------------------------------------------------
1.  NAME OF REPORTING PERSON                             AMERITECH CORPORATION
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              36-3251481
------------------------------------------------------------------------------
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                  (a) [  ]
                                                                      (b) [  ]
------------------------------------------------------------------------------
3.  SEC USE ONLY
------------------------------------------------------------------------------
4.  SOURCE OF FUNDS                                                         AF
------------------------------------------------------------------------------
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
     IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)                            [  ]
------------------------------------------------------------------------------
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                              Delaware
------------------------------------------------------------------------------
                           7.   SOLE VOTING POWER                            0
  NUMBER OF
  SHARES                   ---------------------------------------------------
  BENEFICIALLY             8.   SHARED VOTING POWER                          0
  OWNED BY
  EACH                     ---------------------------------------------------
  REPORTING                9.   SOLE DISPOSITIVE POWER                       0
  PERSON
  WITH                     ---------------------------------------------------
                           10.  SHARED DISPOSITIVE POWER                     0
------------------------------------------------------------------------------
11.    AGGREGATE AMOUNT BENEFICIALLY OWNED
         BY EACH REPORTING PERSON                                            0
- ----------------------------------------------------------------------------
12.    CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES                                [   ]
------------------------------------------------------------------------------
13.    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                   0%
------------------------------------------------------------------------------
14.    TYPE OF REPORTING PERSON                                             CO
------------------------------------------------------------------------------






<PAGE>


------------------------------------------------------------------------------
CUSIP NO.  559776109                           13D/A        PAGE 4 OF 13 PAGES
------------------------------------------------------------------------------
------------------------------------------------------------------------------
1.  NAME OF REPORTING PERSON                    AMERITECH INTERNATIONAL, INC.
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              36-3707086
------------------------------------------------------------------------------
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                  (a) [  ]
                                                                      (b) [  ]
------------------------------------------------------------------------------
3.  SEC USE ONLY
------------------------------------------------------------------------------
4.  SOURCE OF FUNDS                                                         AF
------------------------------------------------------------------------------
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
     IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)                            [  ]
------------------------------------------------------------------------------
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                              Delaware
------------------------------------------------------------------------------
                           7.   SOLE VOTING POWER                            0
  NUMBER OF
  SHARES                   ---------------------------------------------------
  BENEFICIALLY             8.   SHARED VOTING POWER                          0
  OWNED BY
  EACH                     ---------------------------------------------------
  REPORTING                9.   SOLE DISPOSITIVE POWER                       0
  PERSON
  WITH                     ---------------------------------------------------
                           10.  SHARED DISPOSITIVE POWER                     0
------------------------------------------------------------------------------
11.    AGGREGATE AMOUNT BENEFICIALLY OWNED
         BY EACH REPORTING PERSON                                            0
- ----------------------------------------------------------------------------
12.    CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES                                [   ]
------------------------------------------------------------------------------
13.    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                   0%
------------------------------------------------------------------------------
14.    TYPE OF REPORTING PERSON                                             CO
------------------------------------------------------------------------------


<PAGE>


------------------------------------------------------------------------------
CUSIP NO.  559776109                  13D/A                 PAGE 5 OF 13 PAGES
------------------------------------------------------------------------------
------------------------------------------------------------------------------
 1.  NAME OF REPORTING PERSON         AMERITECH INTERNATIONAL SPAIN, S.L.
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
------------------------------------------------------------------------------
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                  (a) [  ]
                                                                      (b) [  ]
------------------------------------------------------------------------------
3.  SEC USE ONLY
------------------------------------------------------------------------------
4.  SOURCE OF FUNDS                                                         AF
------------------------------------------------------------------------------
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
     IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)                            [  ]
------------------------------------------------------------------------------
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                              Delaware
------------------------------------------------------------------------------
                           7.   SOLE VOTING POWER                            0
  NUMBER OF
  SHARES                   ---------------------------------------------------
  BENEFICIALLY             8.   SHARED VOTING POWER                          0
  OWNED BY
  EACH                     ---------------------------------------------------
  REPORTING                9.   SOLE DISPOSITIVE POWER                       0
  PERSON
  WITH                     ---------------------------------------------------
                           10.  SHARED DISPOSITIVE POWER                     0
------------------------------------------------------------------------------
11.    AGGREGATE AMOUNT BENEFICIALLY OWNED
         BY EACH REPORTING PERSON                                            0
- ----------------------------------------------------------------------------
12.    CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES                                [   ]
------------------------------------------------------------------------------
13.    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                   0%
------------------------------------------------------------------------------
14.    TYPE OF REPORTING PERSON                                             CO
------------------------------------------------------------------------------




<PAGE>


                                                            Page 6 of 13 Pages


                                 AMENDMENT NO. 1 TO SCHEDULE 13D
                                   RELATING TO ORDINARY SHARES
                                     OF MAGYAR TAVKOZLESI RT


         This Amendment No. 1 to the Schedule 13D is being filed by SBC
Communications Inc., Ameritech Corporation, Ameritech International, Inc.,
and Ameritech International Spain, S.L. to report the sale of its indirect
holdings in Magyar Tavkozlesi RT as described below.

Item 1.       Security and Issuer

         This statement relates to ordinary shares, nominal value HUF 100
per share (the "Shares"), of Magyar Tavkozlesi RT, a corporation organized
under the laws of the Republic of Hungary (the "Company"). The Shares trade
on the New York Stock Exchange in the form of American Depository Shares each
representing the right to five Shares. The principal executive office of the
Company is Budapest, 1013, Krisztina krt. 55, Hungary.

Item 2.       Identity and Background

(a) and (b)
               SBC Communications Inc. is a Delaware corporation  ("SBC"),  with
          its  principal  office  and  principal  place  of  business  at 175 E.
          Houston, San Antonio, Texas 78205-2233.  Other than executive officers
          and  directors,  there are no persons or  corporations  controlling or
          ultimately in control of SBC. SBC is a communications  holding company
          whose  subsidiaries and affiliates  provide  communications  services,
          including  landline  and  wireless   telecommunications  services  and
          equipment,  directory  advertising,  publishing services, and Internet
          access services.

               Ameritech Corporation ("Ameritech") is a Delaware corporation and
          a  wholly-owned  subsidiary  of SBC  with  its  principal  office  and
          principal  place  of  business  at 30  South  Wacker  Drive,  Chicago,
          Illinois 60606. Ameritech provides communications services,  including
          local  and  long  distance  telephone,   cellular,  paging,  directory
          advertising,  security  monitoring,  cable TV, electronic commerce and
          on-line services.

               Ameritech  International,  Inc. ("Ameritech  International") is a
          Delaware  corporation and a wholly-owned  subsidiary of Ameritech with
          its  principal  office and  principal  place of  business  at 255 West
          Randolph  Street,  Chicago,  Illinois 60606.  Ameritech  International
          provides a wide range of communications services outside of the United
          States.  Ameritech  International  Spain,  S.L.  ("AIS")  is a Spanish
          corporation.   All  of  its  Class  B  stock  is  owned  by  Ameritech
          International  and is  designated  as holding  the  investment  in the
          Company,  as  described  in Item 3. All of the Class A stock of AIS is
          owned by
<PAGE>


                                                            Page 7 of 13 Pages


               Ameritech  International  Belgium,  L.L.C.,  a  Delaware  limited
          liability company and a wholly-owned subsidiary of Ameritech.  AIS has
          its  principal  office and  principal  place of  business  at 30 South
          Wacker Drive, Suite 3600,  Chicago,  Illinois 60606. AIS holds various
          Ameritech    communications    investments.

               Ameritech,  Ameritech  International,  and AIS  are  collectively
          referred to as the "Ameritech Entities."

(c)      Per Instruction C, the name, business address, and principal occupation
         of each executive officer and director of SBC is set forth in Exhibit I
         hereto and incorporated herein by reference.

(d)      During the last five years, neither SBC nor the Ameritech Entities,
         nor, to the best of their knowledge, any of their directors or
         executive officers has been convicted in any criminal proceeding
         (excluding traffic violations or similar misdemeanors.)

(e)      During the last five years, neither SBC nor the Ameritech Entities,
         nor, to the best of their knowledge, any of their executive officers or
         directors has been a party to a civil proceeding of a judicial or
         administrative body of competent jurisdiction resulting in a judgment,
         decree or final order enjoining future violations of, or prohibiting
         or mandating activities subject to, Federal or State securities laws,
         or finding any violation with respect to such laws, and which judgment,
         decree or final order was not subsequently vacated.

(f)      SBC and all of the Ameritech Entities, except for AIS, are incorporated
         in the State of Delaware. AIS is incorporated in the country of Spain.
         Each executive officer and director of SBC is a citizen of the United
         States except for SBC director Carlos Slim Helu, who is a citizen of
         Mexico.

Item 3.       Source and Amount of Funds or Other Consideration

         None

Item 4.       Purpose of Transaction

     MagyarCom Holdings GmbH ("Magyar"), a German corporation,  owns 617,478,081
     Shares  representing 59.6 percent of the outstanding Shares of the Company.
     Magyar  originally  acquired  a 30.1  percent  interest  in the  Company in
     December  1993 as the winning  bidder in a tender  offer.  On December  22,
     1995,  Magyar  acquired  an  additional  37.2  percent of the  Company.  In
     November  1997,  Magyar  reduced its ownership  interest to 59.6 percent by
     selling Shares in connection with the Company's  initial public offering of
     the Shares.


<PAGE>


                                                            Page 8 of 13 Pages


     Prior to June 30,  2000,  the shares of Magyar (the "Magyar  Shares")  were
owned 50 percent by SBC,  by virtue of its  indirect  ownership  of AIS,  and 50
percent by Deutsche Telekom AG, a German  telecommunications  company ("Deutsche
Telekom").  On June 30, 2000, SBC notified  Deutsche  Telekom of its election to
exercise  its put option to Deutsche  Telekom on all the Magyar  Shares owned by
SBC. Under the terms of the put option, Deutsche Telekom must pay in full within
ten (10) days of notification. Upon exercise of the put option, Duetsche Telekom
has the right to appoint the majority of Magyar's Board of Directors.

Item 5.       Interest in Securities of the Issuer

         (a)      None

         (b)      None

         (c)      None

         (d)      Not applicable

         (e)      June 30, 2000


Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect
              to Securities of the Issuer

         Not applicable

Item 7.       Material to be Filed as Exhibits

         Exhibit I  Directors and Executive Officers of SBC Communications Inc.
         Exhibit II Joint Filing Agreement




<PAGE>


                                                            Page 9 of 13 Pages


                                                     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.

                                     SBC COMMUNICATIONS INC.


Dated: July 5, 2000              By:  /s/ James S. Kahan
                                          James S. Kahan
                                      Senior Executive Vice President -
                                         Corporate Development


                                            On behalf of:
                                            AMERITECH CORPORATION
                                            AMERITECH INTERNATIONAL, INC.
                                            AMERITECH INTERNATIONAL SPAIN, S.L.




<PAGE>

                                                         Page 10 of 13 Pages


                                                   EXHIBIT INDEX


Exhibit No.        Description

  I                Directors and Executive Officers of SBC Communications Inc.

 II                Joint Filing Agreement












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