AMENDMENT NO. 1 TO WARRANT AGREEMENT

     This  Amendment  No.  1  to Warrant Agreement (the "Amendment") is made and
entered  into  as  of  the  ____  day  of  November,  2000,  by  and  Telscape
International,  a  Texas corporation (the "Company"), and the Investors (as such
term is defined in that certain Warrant Agreement, dated as of January 24, 2000,
by  and  between  the  Company  and  the  Investors  (the  "Warrant Agreement").
     WHEREAS,  the Company and the Investors entered into the Warrant Agreement;
and

     WHEREAS,  the  Company  and  the  Investors  wish to amend the terms of the
Warrant  Agreement  as  described  herein;

     NOW,  THEREFORE,  in  consideration  of  the  mutual promises, benefits and
covenants  herein  contained,  the  Company  and  the  Investors hereby agree as
follows:

     1.     Unless  otherwise  defined,  all capitalized terms used herein shall
have  the  meaning ascribed to them in the Warrant Agreement.  All references to
Section  herein  shall  be  to  Sections  of  the  Warrant  Agreement.

     2.     Section  7.1(c) shall be amended to add a section (vi) to the end of
such Section to read as follows: "or (vi) any warrants issued in connection with
the  issuance  of the Company's Class G Senior Preferred Stock, par value $0.001
per  share."

     3.     The  entirety  of  Section  7.1(c)  shall  read  as  follows:

     (c)     "Option"  shall  mean rights, options or warrants to subscribe for,
              ------
purchase  or otherwise acquire Common Stock or Convertible Securities, excluding
(i)  options  granted to employees, officers, directors or issued to consultants
of the Company or its subsidiaries or rights, warrants or convertible securities
which,  in  each  case,  are outstanding as of the Original Issue Date, (ii) any
warrants outstanding on the Original Issue Date, issued under this Agreement, or
issued  in  connection  with  the issuance of the Class F Preferred Stock, (iii)
options  granted  to  employees,  officers, directors or consultants pursuant to
stock  option  plans  adopted  by  the  Board  of  Directors and approved by any
Compensation  Committee  of  the Board of Directors, (iv) any rights, options or
warrants  to  subscribe for, purchase or otherwise acquire Common Stock or other
Convertible  Securities  issued as a part of, or in connection with, the Merger,
(v) any warrants issued in connection with the issuance of the Class C Preferred
Stock,  or  (vi)  any  warrants  issued  in  connection with the issuance of the
Corporation's  Class  G  Senior  Preferred  Stock,  par  value $0.001 per share.


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     IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1as
of  the  date  first  above  written.


                         TELCAPE  INTERNATIONAL,  INC.


                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         INVESTORS:



                         _________________________________
                         S.  Marcus  Finkle



                         _________________________________
                         Richard  Jelinek



                         _________________________________
                         Charles  Schaller



                         _________________________________
                         William  Loflin



                         _________________________________
                         Uzi  Zucker



                         _________________________________
                         Dwight  Lowell



                         _________________________________
                         Jim  Chaffin



                         _________________________________
                         Robert  S.  Price


<PAGE>


                         _________________________________
                         Selig  Zises

                         Emicar,  LLC

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         Sound  Capital  Partners,  LLC

                         By:______________________________
                         Name:____________________________
                         Title:___________________________




                         _________________________________
                         Fahad  Al  Athel



                         _________________________________
                         Vee  Bundy



                         GOLDMAN  SACHS  &  CO.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________



                         _________________________________
                         Mark  B.  Cohen



                         _________________________________
                         Steve  Hirsch



                         _________________________________
                         Jay  Teitelbaum


<PAGE>


                         _________________________________
                         James  L.  Hochfelder



                         _________________________________
                         Arthur  Ashe



                         _________________________________
                         Adnan  S.  Nahas


                         PETROCELLI  INDUSTRIES,  INC.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________




                         BIRDIE  CAPITAL  CORP.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         NEEDHAM  CAPITAL  MANAGEMENT,  INC.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         BRAEFORD  ENTERPRISES

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         ANNISTON  CAPITAL,  INC.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


<PAGE>
                         GIBRALT  CAPITAL

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         SKELDA  LIMITED

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         OGER  PENSAT  HOLDINGS  LTD.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________

                               Title:


                         FERMOR  INVESTMENTS  LTD.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         CAHILL,  WARHOCK  STRATEGIC
                         PARTNERS  FUND,  L.P.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


                         STRATEGIC  ASSOCIATES,  L.P.

                         By:______________________________
                         Name:____________________________
                         Title:___________________________


<PAGE>