Startec Receives Delisting Notice from Nasdaq

Apr 12, 2001, 01:00 ET from Startec Global Communications Corporation

    BETHESDA, Md., April 12 /PRNewswire/ -- Startec Global Communications
 Corporation (Nasdaq:   STGC) today announced that the Company has received
 notification from Nasdaq that it is no longer in compliance with the $5
 minimum bid price requirement for continued listing on The Nasdaq National
 Market as set forth in Marketplace Rule 4450(b)(4).  The Company has requested
 a hearing, pursuant to the procedures set forth in the Nasdaq Marketplace Rule
 4800, before the Nasdaq Listing Qualifications Panel to discuss the continued
 listing of the Company's common stock on the Nasdaq.  Pending the outcome of
 the hearing, completion of the review process and further notification from
 Nasdaq, the Company's common stock will continue to trade on The Nasdaq
 National Market.
 
     About Startec:
     Startec Global Communications Corporation is a leading provider of
 advanced communications and Internet services to ethnic residential customers
 and enterprises transacting business in the world's emerging economies.  The
 Company's extensive affiliated network of international gateway and domestic
 switches, IP gateways and ownership in undersea fiber optic cables also
 provides IP-based voice, data and video service to major long distance
 carriers, Internet Service Providers (ISPs) and Internet Portals.
 
 

SOURCE Startec Global Communications Corporation
    BETHESDA, Md., April 12 /PRNewswire/ -- Startec Global Communications
 Corporation (Nasdaq:   STGC) today announced that the Company has received
 notification from Nasdaq that it is no longer in compliance with the $5
 minimum bid price requirement for continued listing on The Nasdaq National
 Market as set forth in Marketplace Rule 4450(b)(4).  The Company has requested
 a hearing, pursuant to the procedures set forth in the Nasdaq Marketplace Rule
 4800, before the Nasdaq Listing Qualifications Panel to discuss the continued
 listing of the Company's common stock on the Nasdaq.  Pending the outcome of
 the hearing, completion of the review process and further notification from
 Nasdaq, the Company's common stock will continue to trade on The Nasdaq
 National Market.
 
     About Startec:
     Startec Global Communications Corporation is a leading provider of
 advanced communications and Internet services to ethnic residential customers
 and enterprises transacting business in the world's emerging economies.  The
 Company's extensive affiliated network of international gateway and domestic
 switches, IP gateways and ownership in undersea fiber optic cables also
 provides IP-based voice, data and video service to major long distance
 carriers, Internet Service Providers (ISPs) and Internet Portals.
 
 SOURCE  Startec Global Communications Corporation