SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934
Date of Report (Date of earliest event reported)
NOVEMBER 5, 1997 (OCTOBER 1, 1997)
TELSCAPE INTERNATIONAL, INC.
(Exact name of registrant as specified in its Charter)
TEXAS 0-24622 75-2433637
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4635 SOUTHWEST FREEWAY, SUITE 800, HOUSTON, TEXAS 77027
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (713)968-0968
__________________________________________________________
(Former name of former address, if changed since last report.)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
(a) On October 1, 1997, pursuant to a stock purchase agreement ("Agreement"),
Telereunion, Inc. ("Telereunion") and Telscape USA, Inc. ("Telscape USA")
(collectively, the "Purchasers"), both wholly-owned subsidiaries of the
Registrant, acquired all of the outstanding shares of N.S.I., S.A. de C.V.
("NSI"), a Mexican corporation based in Mexico City, from Jose Martin Pena
Nunez, Carlos Joaquin De Lara Y Campos, Jorge Pena Nunez and Martha Teresita
Martin del Campo Gutierrez ("Sellers"). NSI distributes data and network
integration equipment in Mexico and represents such manufacturers as 3Com
and Newbridge Networks and also provides the value-added service of systems
integration ("NSI Business"). The acquisition is effective October 1, 1997.
Under the terms of the acquisition, the Purchasers paid cash of $1,000 USD
to the shareholders of NSI and Telereunion agreed to guarantee the repayment
of approximately $260,000 USD to one of the Sellers. The $1,000 paid at
closing for NSI was funded out of working capital.
(b) Certain property and equipment was acquired in connection with the
acquisition of NSI, which was utilized in the NSI Business. The Purchasers
intend to continue the use of such property and equipment in a substantially
similar manner.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Historical financial statements of NSI and pro forma financial information
are not required as NSI does not meet the definition of a significant
subsidiary under Rule 3-05 of Regulation S-X.
SIGNATURES
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 hereto duly authorized.
TELSCAPE INTERNATIONAL, INC.
Registrant
November 5, 1997 /S/ TODD M. BINET
Todd M. Binet
Executive Vice President and Chief
Financial Officer
