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                                Before the
                     Federal Communications Commission
                          Washington, D.C.  20554
                                                                           

In the Matter of        )       
                        )
Rules and Policies on Foreign Participation              )       IB Docket No. 97-142
in the U.S. Telecommunications Market            )
                        )
Market Entry and Regulation of  )        IB Docket No. 95-22
Foreign-Affiliated Entities     )


                                  ERRATA
                                     
                                                            Released:  January 12, 1998

        1.      On November 26, 1997, the Commission released its Report and Order and Order on
Reconsideration, FCC 97-398, 62 Fed. Reg. 64,741 (Dec. 9, 1997), in the above-captioned
proceedings.  This Errata corrects minor errors in the executive summary and in Appendix C, the
Final Rules.  These corrections will be reflected in the FCC Record.

        2.      Paragraph 21 is corrected to change "approximately 45 days" to "approximately 35
days" and to change "within 60 days" to "within 90 days".

        3.      In Appendix C, the amendatory instruction for Section 43.61 of the Commission's
rules should read as follows:  " 43.61 is amended by adding paragraph (c) to read as follows:".

        4.      In Appendix C, the Commission inadvertently omitted one sentence from the revised
Section 63.18(e)(4)(ii)(A).  After the first sentence of the revised Section 63.18(e)(4)(ii)(A), insert the
following sentence:  "Except as provided in paragraph (e)(4)(ii)(B) of this section, any carrier that
seeks to provide international switched basic services over its authorized private line facilities between
the United States and a non-WTO Member country for which the Commission has not previously
authorized the provision of switched services over private lines shall demonstrate that settlement rates
for at least 50 percent of the settled U.S.-billed traffic between the United States and the country at
the foreign end of the private line are at or below the benchmark settlement rate adopted for that
country in IB Docket No. 96-261 and that the country affords resale opportunities equivalent to those
available under U.S. law."

        5.      In Appendix C, the Commission inadvertently omitted paragraphs from the revised
Section 63.18(h)(5) and (6).  After Section 63.18(h)(5)(iii)(D), which reads "(D) [formerly paragraph
(h)(6)(A)(4)]", insert "(E) [formerly paragraph (h)(6)(A)(5)]".  After Section 63.18(h)(6)(iii)(D),
which reads "(D) [formerly paragraph (h)(7)(A)(4)]", insert "(E) [formerly paragraph (h)(7)(A)(5)]". 
Section 63.18(h)(5) (6) was published correctly in the Federal Register, 62 Fed. Reg. at 64,757.


                        Federal Communications Commission



                        Regina M. Keeney
                        Chief, International Bureau