UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Amendment No. __)
Under the Securities Exchange Act of 1934
QS Communications Corp.
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(Name of issuer)
Common Stock, Euro 1.00 Nominal Value Per Share
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(Title of class of securities)
74727G 10 1
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(CUSIP number)
April 18, 2000
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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)
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CUSIP No. 74727G
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Deutsche Bank AG
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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
Germany
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NUMBER OF SHARES 5 SOLE VOTING POWER
4,204,592
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BENEFICIALLY OWNED BY SHARED VOTING POWER
6 0
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EACH REPORTING SOLE DISPOSITIVE POWER
7 4,204,592
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PERSON WITH SHARED DISPOSITIVE POWER
8 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,204,592
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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)
5.2%
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12 TYPE OF REPORTING PERSON
HC, BK, CO
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<PAGE>
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CUSIP No. 74727G
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Manjit Dale
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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
Germany
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NUMBER OF SHARES 5 SOLE VOTING POWER
0
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BENEFICIALLY OWNED BY SHARED VOTING POWER
6 0
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EACH REPORTING SOLE DISPOSITIVE POWER
7 0
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PERSON WITH SHARED DISPOSITIVE POWER
8 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,204,592
- --------------------------------------------------------------------------------
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)
5.2%
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12 TYPE OF REPORTING PERSON
IN
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<PAGE>
Item 1(a). Name of Issuer:
QS Communications Corp. (the "Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
The address of the Issuer's principal executive offices is
Mathias-Brueggen Strasse 55, 50829 Cologne, Germany.
Item 2(a). Name of Person Filing:
This statement is filed on behalf of Deutsche Bank AG ("DBAG")
and Manjit Dale ("MD" and, together with DBAG, the "Reporting Persons").
Item 2(b). Address of Principal Business Office or, if none, Residence:
The principal place of business of DBAG is Taunusanlage 12,
D-60325, Frankfurt am Main, Federal Republic of Germany.
The principal place of business of MD is DB Capital Partners,
Winchester House, 1 Great Winchester Street, London EC2N 2DB, United Kingdom.
Item 2(c). Citizenship:
The citizenship of the Reporting Persons is set forth on pages
2 and 3.
Item 2(d). Title of Class of Securities:
The title of the securities is Common Stock, which includes
securities held in the form of American Depository Shares (the "Common Stock").
Item 2(e). CUSIP Number:
The CUSIP number of the Common Stock is set forth on the cover
page.
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
(a) / / Broker or dealer registered under section 15 of
the Act;
(b) / / Bank as defined in section 3(a)(6) of the Act;
(c) / / Insurance Company as defined in section 3(a)(19)
of the Act;
(d) / / Investment Company registered under section 8 of
the Investment Company Act of 1940;
(e) / / An investment adviser in accordance with Rule
13d-1 (b)(1)(ii)(E);
(f) / / An employee benefit plan, or endowment fund in
accordance with Rule 13d-1 (b)(1)(ii)(F);
(g) / / A parent holding company or control person in
accordance with Rule 13d-1 (b)(1)(ii)(G);
(h) / / A savings association as defined in section 3(b)
of the Federal Deposit Insurance Act;
(i) / / A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of
the Investment Company Act of 1940;
(j) / / Group, in accordance with Rule 13d-1
(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1 (c), check
this box. /X/
Item 4. Ownership.
(a) Amount beneficially owned:
DBAG owns the amount of the Common Stock as set forth
on page 2. MD may be deemed to be the beneficial owner of the
Common Stock and is listed here solely for that purpose.
However, MD disclaims beneficial ownership of the Common
Stock.
(b) Percent of class:
DBAG owns the percentage of the Common Stock as set
forth on page 2. MD does not own the percentage of the Common
Stock as set forth on page 2.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
DBAG has the sole power to vote or direct
the vote of the Common Stock as set forth on page 2.
MD does not have the sole power to vote or direct the
vote of the Common Stock as set forth on page 2.
(ii) shared power to vote or to direct the vote:
None.
(iii) sole power to dispose or to direct the
disposition of:
DBAG has the sole power to dispose or direct
the disposition of the Common Stock as set forth on
page 2. MD does not have the sole power to dispose or
direct the disposition of the Common Stock as set
forth on page 2.
(iv) shared power to dispose or to direct the
disposition of:
None.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
The following subsidiary of DBAG holds Common Stock included
in the figure on page 2: BT Capital Investors Offshore L.P.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below we certify that, to the best of our knowledge
and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or
effect.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: April 28, 2000
DEUTSCHE BANK AG
By: /s/Dieter Eisele
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Name: Dr. Dieter Eisele
Title: Group Head of Compliance
By: /s/Rainer Grimberg
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Name: Dr. Rainer Grimberg
Title: Vice President
<PAGE>
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 28, 2000
By:/s/ Manjit Dale
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Name: Manjit Dale
