SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, DC 20549

                        FORM 10-QSB

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended JUNE 30, 2003

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934

For the transition period from            to


       Commission file number 0-28887


                     TELCO-TECHNOLOGY, INC.
(Exact name of Small Business Issuer as Specified in its Charter)


Delaware                                          22-3328734
(State or Other Jurisdiction                (I.R.S. Employer
of Incorporation or                           Identification
Organization)                                        Number)

               60 Bowers Lane
          Closter, New Jersey 07624
  (Address of Principal Executive Offices)

               (201) 768-2310
(Issuer's Telephone Number, Including Area Code)


Check whether the Issuer (1) filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12
months (or for such shorter period that the Registrant was required
to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

      Yes    X              No


State the number of shares outstanding of each of the Issuer's
classes of common equity, as of the latest practicable date:

Common, $.001 par value per share: 17,969,944
       outstanding as of June 30, 2003


<PAGE>


       PART I - FINANCIAL INFORMATION

           TELCO-TECHNOLOGY, INC.


       Index to Financial Information
         Period Ended June 30, 2003



Item                                   Page

Item 1 -  Financial Statements:

Balance Sheet                           3

Statements of Expenses                  4

Statements of Cash Flows                5

Notes to Financial Statements            6

Item 2 - Management's Discussion and
         Analysis or Plan of Operation   7

Item 3 - Controls and Procedures         8

<PAGE>

                              Telco-Technology, Inc.
                                 Balance Sheet
                                 June 30, 2003

<TABLE>
<CAPTION>


   ASSETS
<S>                                                            <C>

Cash                                                           $     4,075
                                                               -----------
    Total Assets                                               $     4,075
                                                               ===========


 LIABILITIES & STOCKHOLDERS' DEFICIT

Current Liabilities
 Accounts payable                                             $    41,599
 Accrued expenses                                                  53,856
 Notes payable                                                    113,253
                                                               -----------
    Total Current Liabilities                                     208,708
                                                               -----------


    STOCKHOLDERS' DEFICIT

Preferred stock, $.001 par, 20,000,000 shares
  authorized, none issued or outstanding
Common stock, $.001 par, 200,000,000 shares
  authorized, 17,969,944 shares issued and
  outstanding                                                       17,970
Paid-in capital                                                  3,570,379
Retained deficit                                                (3,792,982)
                                                               -----------
    Total Stockholders' Deficit                                 (  204,633)
       -----------
    Total Liabilities & Stockholders' Deficit                  $     4,075
                                                               ===========

</TABLE>
<PAGE>



                                    Telco-Technology, Inc.
                                    Statements Of Expenses
                   Three Months & Six Months Ended June 30, 2003 and 2002

<TABLE>
<CAPTION>


                                          Three Months                    Six Months
                                         Ended June 30,                  Ended June 30,
                                   2003                2002          2003               2002
                               ---------            ---------    ---------           ---------
<S>                            <C>                  <C>          <C>                 <C>

General & administrative       $  55,950            $ 129,422    $ 136,716           $ 396,957
Bad debt recovery                                    ( 10,000)                        ( 10,000)
Interest expense                   1,956                1,533        3,890               1,795
                               ---------            ---------    ---------           ---------
Net loss                       $ (57,906)           $(120,955)   $(140,606)          $(388,752)
                               =========            =========    =========           =========

Basic and diluted net
  loss per common share            $(.00)               $(.01)       $(.01)              $(.03)

Weighted average common
  shares outstanding          16,969,944           12,106,611   16,580,361          11,788,277




</TABLE>
<PAGE>


                                    Telco-Technology, Inc.
                                  Statements Of Cash Flows
                          Six Months Ended June 30, 2003 and 2002


<TABLE>
<CAPTION>



                                                          2003                2002
                                                       ---------           ---------
     <S>                                                  <C>                 <C>


CASH FLOWS FROM OPERATIONS
Net loss                                               $(140,606)          $(388,752)
Adjustments to reconcile net loss to
cash used in operating activities:
      Stock issued for services                           85,995             265,700
      Bad debt provision                                                      25,000
 Changes in:
   Accrued expenses                                       43,897              46,795
  Accounts payable                                         4,490                  55
                                                        ---------           ---------
NET CASH USED IN OPERATING ACTIVITIES                   (  6,224)           ( 51,202)

CASH FLOWS FROM INVESTING ACTIVITIES
 Loans                                                                      ( 35,000)
 Repayments of loans                                                          10,000
                                                                            ---------
      NET CASH FLOWS USED IN INVESTING ACTIVITIES                           ( 25,000)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable                                                   85,000
Contribution to capital                                                        3,810
                                                                            ---------
      NET CASH PROVIDED BY FINANCING ACTIVITIES                               88,810
                                                        ---------           ---------
NET CHANGE IN CASH                                       ( 6,224)             12,608

CASH BEGINNING                                            10,299                 177
                                                        ---------           ---------
CASH ENDING                                             $  4,075            $ 12,785
                                                        =========           =========

Non-Cash Disclosures:
 Stock issued for accrued expenses and
    accounts payable                                   $  85,000            $    533

</TABLE>
<PAGE>


                            Telco-Technology, Inc.
                        Notes To Financial Statements


NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of Telco-
Technology, Inc., a Delaware corporation ("Telco"), have been prepared
in accordance with accounting principles generally accepted in the
United States of America and the rules of the Securities and Exchange
Commission ("SEC"), and should be read in conjunction with the audited
financial statements and notes thereto contained in the Telco's latest
Annual Report filed with the SEC on Form 10-KSB.  In the opinion of
management, all adjustments, consisting of normal recurring
adjustments, necessary for a fair presentation of financial position
and the results of operations for the interim periods presented have
been reflected herein.  The results of operations for interim periods
are not necessarily indicative of the results to be expected for the
full year.  Notes to the financial statements which would substantially
duplicate the disclosure contained in the audited financial statements
for the most recent fiscal year, 2002, as reported in Form 10-KSB, have
been omitted.


NOTE 2 - COMMON STOCK

In January 2003, Telco issued 3,000,000 shares of common stock to
Donalson Corporation valued at $105,000 for payment of the $85,000 owed
for the consulting agreement as of December 31, 2002 and $20,000 for
the first two months of 2003.

For the six months ending June 30, 2003, Telco issued 1,970,000 shares
of common stock valued at $65,995 to three consultants for services.


<PAGE>

Item 2.    Management's Discussion and Analysis or Plan of Operation.

     The following discussion should be read in conjunction with
the Financial Information and Notes thereto included in this report
and is qualified in its entirety by the foregoing.

Forward-Looking Statements

     This report contains certain forward-looking statements and
information relating to the Company that are based on the beliefs
and assumptions made by the Company's management as well as
information currently available to the management.  When used in
this document, the words "anticipate", "believe", "estimate", and
"expect" and similar expressions, are intended to identify forward-
looking statements.  Such statements reflect the current views of
the Company with respect to future events and are subject to
certain risks, uncertainties and assumptions.  Should one or more
of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those described herein as anticipated, believed, estimated or
expected.  Certain of these risks and uncertainties are discussed
under the caption "Uncertainties and Risk Factors" in  Part I, Item
1 "Description of Business" of the Company's Annual Report on Form
10-KSB for the year ended December 31,  2002. The Company does not
intend to update these forward-looking statements.

Overview

     Telco-Technology, Inc. (the "Company")  was organized under
the laws of the State of Nevada on November 23, 1993 under the name
Haycock Morrison Inc. ("Haycock").  In 1994, Haycock completed the
sale of certain shares of its Common Stock pursuant to an exemption
provided by Rule 504 of Regulation D promulgated under the
Securities Act of 1933, as amended (the "Securities Act"). On
January 27, 1995, Haycock entered into an acquisition agreement
with Telco Technology, Inc., a Delaware corporation ("Telco").
Pursuant to the terms of the acquisition, Haycock issued 5,000
shares of its Common Stock which represented 60% of the then
outstanding Common Stock of Haycock.

     After giving effect to the above transaction, the Company
ceased all activities as Haycock and changed its name to Telco-
Technology, Inc.  The Company continued the business operations
then conducted by Telco of providing long distance telephone
services and computer networks for voice and data transmissions
which operations were primarily conducted in the State of
Massachusetts (the "Massachusetts Operations").  In 1998, the
Company was reorganized as a Delaware corporation.  The Company
continued such operations until June 1999.

     In June 1999, the Company sold the Massachusetts Operations
to a company affiliated with a former officer and director of the
Company in exchange for the return of 950,000 shares of Common
Stock to the Company, and the assumption of all liabilities of the
Massachusetts Operations.  As part of the agreement, the Company
also agreed to forgive all officer loans due from such individual
(which amounted to approximately $118,000).  As a result of the
foregoing, the Company  has no current business operations and
since then has been seeking another business opportunity.

Plan of Operation

     In 1999, management decided that it would be in the best
interests of the Company and its stockholders to seek additional
business opportunities and sell the Massachusetts Operations, its
then sole business operations. As a result of the sale of the
Massachusetts Operations which occurred in June 1999,

<PAGE>

the Company has no current business operations.  As such, the Company's
principal business purpose at this time is to locate and consummate
a merger or acquisition with a private entity. With the sale of the
Massachusetts Operations, Management has been focusing on other
business opportunities in its attempt to locate and consummate such
a merger or acquisition. It should be noted  that the Company
likely has insufficient capital with which to make any
acquisitions.  Accordingly, in any of the transactions to merge
with or acquire a private entity, it is likely that the
consideration utilized to make any acquisitions will consist of
equity securities.

     Management anticipates that it may be able to participate
in only one potential business venture, due primarily to the
Company's limited financing.  There can be no assurance that the
Company will be able to acquire any other business or business
opportunity at all, or that any business or business opportunity
the Company acquires will prove successful or will be able to
operate profitably.

Liquidity and Capital Resources

     On June 30, 2003, the Company had a working capital deficit
of approximately $(205,000), a deficit to debt ratio of
approximately (.98) to 1, and stockholders' deficit of
approximately $(205,000).  At June 30, 2003, the Company had
approximately $4,000 in cash, total assets of approximately $4,000
and total liabilities of approximately $209,000.

     During the quarter ended March 31, 2002, the Company
obtained loans from certain private parties
in the aggregate amount of $85,000.  All of such loans bear
interest at 6.75% and mature in six months after issuance.  In July
2002, the Company obtained another loan in the amount of $25,000
from a certain private party.  The loan bears interest at 6.75% and
matures in six months after issuance.  As of the date hereof, the
Company is in default of these loans.



Item 3.    Controls and Procedures.

     The Company's Principal Executive Officer and Principal
Financial Officer has evaluated the effectiveness of the Company's
disclosure controls and procedures (as such term is defined in
Rules 13a-14(c) and 15d-14(c) under the Securities Exchange Act of
1934, as amended (the "Exchange Act")) as of a date within 90 days
prior to the filing date of this quarterly report. Based on such
evaluation, such officer has concluded that the Company's
disclosure controls and procedures are effective in alerting him
on a timely basis to material information relating to the Company
(including its consolidated subsidiaries) required to be included
in the Company's periodic filings under the Exchange Act. There
have not been any significant changes in the Company's internal
controls or in other factors that could significantly affect such
controls subsequent to the date of this evaluation.

<PAGE>

         PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.

          None.

Item 2.   Changes in Securities.

          In January 2003, the Company issued 3,000,000
          shares to Donalson Capital Corporation
          ("Donalson"), a company owned by Donald R.
          McKelvey, which shares were valued at $105,000 for
          the payment of the $85,000 owed under a consulting
          agreement with Donalson for 2002 and $20,000 for
          the first two months of 2003.  Such shares were
          issued in reliance upon the exemption from
          registration pursuant to Section 4(2) of the
          Securities Act of 1933, as amended, for
          "transactions by the issuer not involving any
          public offering".

Item 3.   Defaults Upon Senior Securities.

          During the quarter ended March 31, 2002, the
          Company obtained loans from certain private parties
          in the aggregate amount of $85,000.  All of such
          loans bear interest at 6.75% and mature in six
          months after issuance.  In July 2002, the Company
          obtained another loan in the amount of $25,000 from
          a certain private party.  The loan bears interest
          at 6.75% and matures in six months after issuance.
          As of the date hereof, the Company is in default of
          these loans.

Item 4.   Submission of Matters to a Vote of Security-Holders.

          None.

Item 5.   Other Information.

          None.

Item 6.   Exhibits and Reports on Form 8-K.

          (a)  Exhibits.

          99.1 Certification pursuant to U.S.C. Section
               1350, as adopted pursuant to Section 906 of
               the Sarbanes-Oxley Act of 2002

          (b)  Reports on Form 8-K.

          Listed below are reports on Form 8-K filed during
          the fiscal quarter ended June 30, 2003.

          None.

<PAGE>

                 SIGNATURES

     In accordance with the requirements of the Exchange Act,
the Registrant caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.


                              TELCO-TECHNOLOGY, INC.
                              (Registrant)


Dated: August 7, 2003          By: /s/ Donald R. McKelvey
                                  Donald R. McKelvey,
                                  Chairman of the Board
                                  and President


Dated: August 7, 2003          By: /s/ Donald R. McKelvey
                                   Donald R. McKelvey,
                                   Principal Financial Officer

<PAGE>


               CERTIFICATIONS

I, Donald R. McKelvey, certify that:

1.  I have reviewed this quarterly report on Form 10-QSB of Telco-
Technology, Inc.;

2.   Based on my knowledge,  this quarterly report does not
contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements  made, in light
of the  circumstances  under which such statements  were made, not
misleading with respect to the period covered by this quarterly
report;

3.   Based on my  knowledge,  the  financial  statements,  and
other  financial information  included  in this quarterly report,
fairly present  in all material respects the financial  condition,
results of operations and cash flows of the  registrant  as of, and
for,  the  periods  presented  in this quarterly  report;

4.   The registrant's other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14)
for the registrant and have:

     (a)  designed such disclosure controls and procedures to
ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in
which this quarterly report is being prepared;

     (b)  evaluated the effectiveness of the registrant's
disclosure controls and procedures as of a date within 90 days
prior to the filing date of this quarterly report (the "Evaluation
Date"); and

     (c)  presented in this quarterly report our conclusions
about the effectiveness of the disclosure controls and procedures
based on our evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have
disclosed, based on our most recent evaluation, to the registrant's
auditors and the audit committee of registrant's board of directors
(or persons performing the equivalent functions):

     (a)  all significant deficiencies in the design or
operation of internal controls which could adversely affect the
registrant's ability to record, process, summarize and report
financial data and have identified for the registrant's auditors
any material weaknesses in internal controls; and

     (b)  any fraud, whether or not material, that involves
management or other employees who have a significant role in the
registrant's internal controls; and

6.   The registrant's other certifying officers and I have
indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that
could significantly affect internal controls subsequent to the date
of our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Dated: August 7, 2003          By: /s/ Donald R. McKelvey
                                  Donald R. McKelvey,
                                  Chairman of the Board
                                  and President

Dated: August 7, 2003          By: /s/ Donald R. McKelvey
                                  Donald R. McKelvey,
                                  (Principal Executive Officer)
<PAGE>


I, Donald R. McKelvey, certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of
Telco-Technology, Inc.;

2.   Based on my knowledge,  this quarterly report does not
contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements  made, in light
of the  circumstances  under which such statements  were made, not
misleading with respect to the period covered by this quarterly
report;

3.   Based on my  knowledge,  the  financial  statements,  and
other  financial information  included  in this quarterly report,
fairly present  in all material respects the financial  condition,
results of operations and cash flows of the  registrant  as of, and
for,  the  periods  presented  in this quarterly  report;

4.   The registrant's other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14)
for the registrant and have:

     (a)  designed such disclosure controls and procedures to
ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in
which this quarterly report is being prepared;

     (b)  evaluated the effectiveness of the registrant's
disclosure controls and procedures as of a date within 90 days
prior to the filing date of this quarterly report (the "Evaluation
Date"); and

     (c)  presented in this quarterly report our conclusions
about the effectiveness of the disclosure controls and procedures
based on our evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have
disclosed, based on our most recent evaluation, to the registrant's
auditors and the audit committee of registrant's board of directors
(or persons performing the equivalent functions):

     (a)  all significant deficiencies in the design or
operation of internal controls which could adversely affect the
registrant's ability to record, process, summarize and report
financial data and have identified for the registrant's auditors
any material weaknesses in internal controls; and

     (b)  any fraud, whether or not material, that involves
management or other employees who have a significant role in the
registrant's internal controls; and

6.   The registrant's other certifying officers and I have
indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that
could significantly affect internal controls subsequent to the date
of our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Dated: August 7, 2003          By: /s/ Donald R. McKelvey
                                   Principal Financial Officer


<PAGE>


Exhibit 99.1


          CERTIFICATION PURSUANT TO
           18 U.S.C. SECTION 1350,
           AS ADOPTED PURSUANT TO
             SECTION 906 OF THE
         SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of Telco-Technology, Inc.
(the "Company") on Form 10-QSB for the period ended June 30, 2003,
as filed with the Securities and Exchange Commission on the date
hereof (the "Report"), the undersigned certifies, pursuant to 18
U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that:

     (1)  The Report fully complies with the requirements of
          Section 13(a) or 15(d) of the Securities Exchange
          Act of 1934; and

     (2)  The information contained in the Report fairly
          presents, in all material respects, the financial
          condition and results of operations of the Company.


Dated: August 7, 2003          By: /s/ Donald R. McKelvey
                                   Donald R. McKelvey,
                                   Chairman of the Board
                                   and President


Dated: August 7, 2003          By: /s/ Donald R. McKelvey
                                   Donald R. McKelvey,
                                   Principal Financial Officer