[Federal Register Volume 63, Number 126 (Wednesday, July 1, 1998)] [Notices] [Page 36002] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-17436] ======================================================================= ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Issuer Delisting; Notice of Application to Withdraw From Listing and Registration; (GST Telecommunications, Inc., Common Shares, Without Par Value) File No. 1-12866 June 24, 1998. GST Telecommunications, Inc. (``Company'') has filed an application with the Securities and Exchange Commission (``Commssion''), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to withdraw the above specified Security (``Security'') from listing and registration on the American Stock Exchange, Inc. (``Amex'' or ``Exchange''). The reasons cited in the application for withdrawing the Security from listing and registration include the following: The Board of Directors of the Company, at a meeting held on March 4 and 5, 1998, unanimously approved resolutions to withdraw the Security from listing on the Amex and, instead, to list such Security on the Nasdaq National Market (``Nasdaq''). The Board of Directors, after lengthy deliberation, determined that, since all other telecommunications companies in the Company's industry segment have their shares listed for trading on Nasdaq, it would be in the best interest of the Company and its shareholders to have the Security listed on Nasdaq rather than the Amex. The Company has complied with Amex Rule 18 by notifying the Amex of its intention to withdraw its Security from listing by letter dated March 27, 1998. The Amex replied by letter dated April 7, 1998, advising it would not interpose any objection to such withdrawal. The Amex suspended trading of the Security at the close of business on Monday, April 13, 1998, and the Security commenced trading on Nasdaq on Tuesday, April 14, 1998. The Company has filed an amended registration statement on Form 8-A to register the Security under Section 12(g) of the Act. By reason of Section 12(g) of the Act and the rules and regulations thereunder, the Company shall continue to be obligated to file reports with the Commission under Section 13 of the Act. Any interested person may, on or before July 16, 1998, submit by letter to the Secretary of the Securities and Exchange Commission, 450 Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether the application has been made in accordance with the rules of the Exchange and what terms, if any, should be imposed by the Commission for the protection of investors. The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter. For the Commission, by the Division of Market Regulation, pursuant to delegated authority. Jonathan G. Katz, Secretary. [FR Doc. 98-17436 Filed 6-30-98; 8:45 am] BILLING CODE 8010-01-M