U. S. Securities and Exchange Commission
                         Washington, D. C.  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 March 31, 2002

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

     For the transition period from                to
                                    --------------    ---------------


                       Commission File No. 0-26913
                       ---------------------------


                       CYBERTEL COMMUNICATIONS CORP.
                       -----------------------------
              (Name of Small Business Issuer in its Charter)


           NEVADA                                        86-0862532
           ------                                        ----------
   (State or Other Jurisdiction of                 (I.R.S. Employer I.D. No.)
    incorporation or organization)

                       2820 La Mirada Drive, Suite H
                          Vista, California 92083
                          -----------------------
                 (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (858) 646-7410
                ------------------------------------------

Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 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.

(1)  Yes  X     No                 (2)  Yes  X     No
         ---     ---                        ---      ---

<PAGE>
             APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                PROCEEDINGS DURING THE PRECEDING FIVE YEARS

                              Not applicable.


                   APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the Registrant's classes
of common stock, as of the latest practicable date:

                                  9,323,960

                               March 31, 2002


                      PART I - FINANCIAL INFORMATION


Item 1.   Financial Statements.

          The Financial Statements of the Registrant required to be filed with
this 10-QSB Quarterly Report were prepared by management, and commence on the
following page, together with Related Notes.  In the opinion of management,
the Financial Statements fairly present the financial condition of the
Registrant for the periods then ended.
<TABLE>
                  CYBERTEL COMMUNICATIONS CORP.
                          BALANCE SHEET
                          March 31, 2002
<CAPTION>


          ASSETS
<S>                                                             <C>
Current Assets
  Cash                                                         $    90,561
  Restricted Cash                                                   51,313
  Accounts receivable, net of allowance for doubtful
     accounts of $92,797                                           222,874
 Prepaid expenses                                                    8,840

                                                               -----------
     Total Current Assets                                          373,588
                                                               -----------
Equipment, net of $255,989 accumulated depreciation                124,730
Other assets                                                        80,031
                                                               -----------
TOTAL ASSETS                                                   $   578,349
                                                               ===========

     LIABILITIES & STOCKHOLDERS' DEFICIT
Current Liabilities
 Note payable advance                                          $    49,984
 Installment debt                                                   11,309
 Accounts payable and accrued expenses                             652,355
 Dividends Payable                                                 243,090
                                                               -----------
     Total Current Liabilities                                     956,738
                                                               -----------
Note payable, net of unamortized loan costs of $75,607             124,393
                                                               -----------
     Total Liabilities                                           1,081,131

STOCKHOLDERS' DEFICIT
  Convertible preferred stock, $.001 par value, 5,000,000
    shares authorized, 1,833 shares issued and outstanding               2
  Common stock, $.001 par value, 20,000,000 shares
    authorized, 9,323,960 shares issued and outstanding              9,324
  Paid in capital                                               10,711,629
  Deficit                                                      (11,223,737)
                                                               -----------
     TOTAL STOCKHOLDERS' DEFICIT                               (   502,782)
                                                               -----------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                    $   578,349
                                                               ===========
</TABLE>
<PAGE>
<TABLE>
                  CYBERTEL COMMUNICATIONS CORP.
                  CONSOLIDATED INCOME STATEMENTS
        For the Three Months Ended March 31, 2002 and 2001
<CAPTION>
                                                              (restated)
                                                    2002          2001
                                                 -----------  -----------
<S>                                               <C>        <C>
Revenues                                          $  318,537  $   262,529
Cost of sales                                        192,829      365,387
                                                 -----------  -----------
  Gross Margin                                       125,708     (102,858)

Operating Expenses
  Selling                                           ( 27,277)    ( 86,140)
  General and administrative                        (399,665)    (732,308)
  Depreciation                                      ( 21,509)    ( 42,071)
  Interest and other (income)                            688        1,949
  Interest (expense)                                (  1,005)    ( 11,601)
  Gain on sale of marketable securities                           643,820
                                                 -----------  -----------
     Total Operating Expense                        (448,768)    (226,351)
                                                 -----------  -----------
  Net Loss from Continuing Operations               (323,060)    (329,209)
  Preferred dividend requirements                   ( 26,812)    ( 34,026)
                                                  -----------  -----------
  Net Loss Available to Common Shareholders
    from Continuing Operations                      (349,872)    (363,235)

Loss from discontinued operations - LDVL                         ( 55,000)
Loss from discontinued operations   LDM                          (  4,048)
Loss from discontinued operations   Telenomics                   (111,024)
                                                              -----------
  Net Loss from Discontinued Operations                          (170,072)
                                                 -----------  -----------
NET LOSS                                            (323,060)    (499,281)

Unrealized gain on marketable securities                         (352,253)
                                                 -----------  -----------
NET COMPREHENSIVE LOSS                           $  (323,060)  $ (851,534)
                                                 ===========  ===========
Net loss per common share
   - from continuing operations                       $(0.04)      $(0.06)
   - from discontinued operations                                   (0.03)

Weighted average common shares outstanding          9,161,822   6,338,547
</TABLE>
<PAGE>
<TABLE>

                  CYBERTEL COMMUNICATIONS CORP.
              STATEMENTS OF CONSOLIDATED CASH FLOWS
        For the Three Months Ended March 31, 2002 and 2001
<CAPTION>
                                                               (restated)
                                                     2002          2001
<S>                                                <C>          <C>
CASH FLOWS USED IN OPERATING ACTIVITIES            ----------- -----------
  Net comprehensive loss                           $  (323,060)$  (851,534)
  Adjustments to reconcile net loss to net cash
    provided by operating activities:
    Depreciation                                        21,509      42,071
    Stock issued for services                           44,543      22,000
Loss from discontinued operations                                  170,072
    Gain on sale of marketable securities                         (643,820)
    Unrealized gain on marketable securities                       352,253
    Allowance for doubtful accounts                   (    804)
  Changes in:
    Accounts receivable                               ( 13,278)    113,850
    Other current assets                              (  8,840)      5,371
    Accounts payable and accrued expenses              142,630    ( 72,965)
                                                   ----------- -----------
     NET CASH USED IN OPERATING ACTIVITIES            (137,300)   (862,702)
                                                   ----------- -----------
CASH FLOWS USED IN INVESTING ACTIVITIES
  Purchase of equipment                                           (  6,600)
  Proceeds from sale of marketable securities                      643,820
  Investments in subsidiaries                                     ( 55,779)
                                                               -----------
     NET CASH USED IN INVESTING ACTIVITIES                         581,441
                                                               -----------
CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds from brokerage margin loan                              230,798

  Proceeds from sale of common stock                    42,500      13,000
  Costs of fundraising                                (  3,750)
  Proceeds from new notes payable                      174,377
  Payments on installment debt                        (  4,964)   (  4,773)
                                                   ----------- -----------
NET CASH PROVIDED BY FINANCING ACTIVITIES              208,163     239,025

NET INCREASE (DECREASE) IN CASH                         70,863    ( 42,236)

CASH BALANCES
     - Beginning of period                              71,011     126,137
                                                   ----------- -----------
     - End of period                               $   141,874 $    83,901
                                                   =========== ===========
</TABLE>
<PAGE>
                  CYBERTEL COMMUNICATIONS CORP.
                  NOTES TO FINANCIAL STATEMENTS


NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of Cybertel
Communications Corp. ("Cybertel") 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 Company's 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 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 2001 as reported in the 10-KSB have been
omitted.


NOTE 2   NOTE PAYABLE ADVANCE

In January 2002, $49,984 was advanced to Cybertel under an agreement to
purchase Cybertel common stock.  As of May 6, 2002, the terms of the agreement
were not finalized.  The $49,984 is carried as a current note payable until
the agreement is finalized.


NOTE 3   NOTE PAYABLE

In March 2002, Cybertel issued a promissory note for $200,000 that bears
interest of 8% and matures in March 2007. The holder has the right at any time
to convert any unpaid principal and accrued interest into Cybertel's common
stock.  The conversion price will be the lower of $.216 per share or 80% of
the three lowest closing bid prices for Cybertel's common stock for the thirty
days prior to but not including the conversion date.

In connection with the note, Cybertel issued 200,000 warrants to purchase
Cybertel common stock at an exercise price of $.33 per share that expire in
March 2007.

Of the $200,000 gross proceeds, $75,607 was paid to consultants and attorneys
for costs in connection with raising the funds.  The net proceeds to Cybertel
totaled $124,393.


NOTE 4   COMMON STOCK

In January 2002, Cybertel sold 25,000 shares of common stock for $.20 per
share for total proceeds of $5,000.  Also, in January 2002 Cybertel issued
197,825 shares of common stock for services valued at $44,543.

In February 2002, Cybertel sold 250,001 shares of common stock for $.15 per
share for gross proceeds of $37,500 and net proceeds of $33,750 after offering
costs of $3,750.
<PAGE>

NOTE 5   RESTATEMENTS

In December 1999 and June 2000, Cybertel acquired Telenomics, Inc.
("Telenomics"), LDVL, Inc. ("LDVL"), and Like Dat Music, Inc. ("LDM") by
exchanging stock in transactions recorded using the pooling-of-interests
method of accounting.  All three entities were closed or sold back to their
founders in 2001.

The 2001 statements show the operations of all three as discontinued items.
Both LDVL and LDM were closed in March 2001.  Cybertel ceased funding
Telenomics in May 2001, and operations were transferred back to the founders
of Telenomics in June 2001.
<PAGE>

Item 2.   Management's Discussion and Analysis.
-----------------------------------------------

Results of Operations.
----------------------

Three months ended March 31 2002, compared to three months ended March 31,
2001.
-----

         Revenues for the three month period ended March 31, 2002, increased
to $318,537 as compared to $262,529 for the three month period ended March 31,
2001, as the result of the increase in affinity group marketing.

         General and administrative costs have decreased to $399,665 for the
three month period ended March 31, 2002, as compared to $732,308 for the
three month period ended March 31, 2001.  Other general and administrative
costs, such as payroll, marketing and legal, have decreased as the Company has
begun to implement its business plan.

Liquidity and Capital Resources.
--------------------------------

          We had cash of $90,561 at March 31, 2002.  Management believes
that our current cash on hand will be insufficient to meet our expenses during
the next 12 months.  Unless we are able to raise substantial additional
funding, our plans to expand our IP Gateway may be significantly delayed.

          We will need to raise more cash by selling debt or equity securities
to continue operations to January, 2002.  There can be no guarantee that the
required funds will be raised.

Forward Looking Statement.
--------------------------

     Statements made in this Form 10-QSB which are not purely historical are
forward-looking statements with respect to the goals, plan objectives,
intentions, expectations, financial condition, results of operations, future
performance and business of the Company, including, without limitation, (i)
our ability to gain a larger share of the telecommunications industry, our
ability to continue to develop products acceptable to the industry, our
ability to retain relationships with suppliers and distributors, our ability
to raise capital, and the growth of the telecommunications industry, and (ii)
statements preceded by, followed by or that include the words "may", "would",
"could", "should", "expects", "projects", "anticipates", "believes",
"estimates", "plans", "intends", "targets" or similar expressions.

     Forward-looking statements involve inherent risks and uncertainties, and
important factors (many of which are beyond the Company's control) that could
cause actual results to differ materially from those set forth in the
forward-looking statements, including the following, in addition to those
contained in the Company's reports on file with the SEC: general economic or
industry conditions, nationally and/or in the communities in which the Company
conducts business, changes in the interest rate environment, legislation or
regulatory requirements, conditions of the securities markets, changes in the
telecommunications industry, the development of products and that may be
superior to the products and services offered by the Company, demand for
telecommunications, competition, changes in the quality or composition of the
Company's products and services, our ability to develop new products and
services, our ability to raise capital, changes in accounting principles,
policies or guidelines, financial or political instability, acts of war or
terrorism, other economic, competitive, governmental, regulatory and technical
factors affecting the Company's operations, products, services and prices.

     Accordingly, results actually achieved may differ materially from
expected results in these statements.  Forward-looking statements speak only
as of the date they are made.  The Company does not undertake, and
specifically disclaims, any obligation to update any forward-looking
statements to reflect events or circumstances occurring after the date of such
statements.

                        PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.
----------------------------

          On or about January 25, 2002, Prudential Home Building Investors,
Inc., a New Jersey corporation ("Prudential"), filed a complaint against the
Company in the Superior Court of California, County of San Diego, Central
Division.  The case was designated Case No. GIC 782069, and sought damages in
the amount of $32,000 for unpaid rent on our former La Jolla facility from
September, 2001, through December, 2001, when the lease terminated.  The
Company has accrued this expense.


Item 2.   Changes in Securities and Use of Proceeds.
---------------------------------------------------

          None; not applicable.

Item 3.   Defaults Upon Senior Securities.
------------------------------------------

          None; not applicable.

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

          None; not applicable.

Item 5.   Other Information.
----------------------------

          None; not applicable.

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

          (a)  Exhibits.

               10-KSB Annual Report for the year ended December 31, 2001.*

               *  Incorporated by reference.

          (b)  Reports on Form 8-K.

               None; not applicable.

                               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 thereunto duly authorized.

                                    CYBERTEL COMMUNICATIONS CORP.


Date: 5-13-02                       By: /s/Richard D. Mangiarelli
     --------------                 -------------------------------------
                                    Richard D. Mangiarelli
                                    Chief Executive Officer, President and
                                    Director

Date: 5-13-02                       By:/s/Richard Schmidt
     --------------                 -------------------------------------
                                    Richard Schmidt
                                    Chief Financial Officer and Director

Date: 5-14-02                       By:/s/John E. Jordan
     --------------                 -------------------------------------
                                    John E. Jordan
                                    Director