SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K/A
                                AMENDMENT NO. 1



                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934



        Date of Report (Date of earliest event reported) January 15, 2002

                          COLUMBUS NETWORKS CORPORATION
             (Exact name of registrant as specified in its charter)

           NEVADA                       0-27953                  98-0187538
(State or other jurisdiction of       (Commission               (IRS Employer
        incorporation)                File Number)           Identification No.)

      #305  - 478 BERNARD AVENUE, KELOWNA, BRITISH COLUMBIA, CANADA V1Y 6N7
            (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code (250) 860-6476

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)


















ITEM 1.     CHANGES IN CONTROL OF REGISTRANT

         Not applicable.

ITEM 2.     ACQUISITION OR DISPOSITION OF ASSETS

         Not applicable.

ITEM 3.     BANKRUPTCY OR RECEIVERSHIP

         Not applicable.

ITEM 4.     CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT


         KPMG LLP was previously the independent  auditors for Columbus Networks
         Corporation  (the  "Registrant").  On January  15,  2002,  the board of
         directors  of the  Registrant  approved  the  dismissal of KPMG and the
         election of Davidson & Company to audit the  financial  statements  for
         the fiscal year ended June 30, 2002.  The  decision to change  auditors
         was based upon  financial  considerations.  During the two most  recent
         fiscal years and the subsequent interim period ending January 15, 2002,
         neither the  Registrant nor anyone on its behalf  consulted  Davidson &
         Company  regarding  the  application  of  accounting  principles  to  a
         specific  completed or contemplated  transaction,  or the type of audit
         opinion   that  might  be  rendered  on  the   Registrant's   financial
         statements.


         The audit report of KPMG LLP on the consolidated  financial  statements
         of the  Registrant  as of and for the fiscal  years ended June 30, 2001
         and 2000 did not contain an adverse  opinion or  disclaimer  of opinion
         and was not  modified or qualified  as to  uncertainty,  audit scope or
         accounting principles, except as follows:

         KPMG LLP's report on the consolidated  financial statements of Columbus
         Networks  Corporation  as of and for the years  ended June 30, 2001 and
         2000,  contained a separate  paragraph  stating:  "As discussed in note
         2(a)  to the  consolidated  financial  statements,  the  Company  has a
         working  capital  deficiency  of  $629,808  as at June 30, 2001 and has
         suffered  recurring losses from operations that raise substantial doubt
         about its ability to continue as a going concern. Management's plans in
         regard  to  these  matters  are  also   discussed  in  note  2(a).  The
         consolidated  financial  statements do not include any adjustments that
         might result from the outcome of this uncertainty."


         During the Registrant's two most recent fiscal years and the subsequent
         interim  period ending  January 15, 2002,  there were no  disagreements
         between  the  Registrant  and  KPMG  LLP on any  matter  of  accounting
         principles or practices,  financial statement  disclosure,  or auditing
         scope or procedures  which, if not resolved to the satisfaction of KPMG
         LLP,  would have caused KPMG LLP to make reference to the matter of the
         disagreement  in their auditors'  report.  The Registrant has requested
         KPMG LLP to furnish


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         it a letter addressed to the Commission  stating whether it agrees with
         the above statements.  A copy of that letter,  dated March 14, 2002, is
         filed as Exhibit 16.1 to this Form 8-K.


         There were no other  "reportable  events" as that term is  described in
         Item  304(a)(1)(v) of Regulation S-K occurring  within the Registrant's
         two most recent fiscal years and the  subsequent  interim period ending
         January 15, 2002.


ITEM 5.     OTHER EVENTS AND REGULATION FD DISCLOSURE

         Not applicable.

ITEM 6.     RESIGNATIONS OF REGISTRANT'S DIRECTORS

         Not applicable.

ITEM 7.     FINANCIAL STATEMENTS AND EXHIBITS

         (a)    Financial statements of businesses acquired:  Not applicable.

         (b)    Pro forma financial information:  Not applicable.

         (c)    Exhibits:

                REGULATION
                S-K NUMBER                         DOCUMENT

                   16.1                      Letter from KPMG LLP

ITEM 8.     CHANGE IN FISCAL YEAR

         Not applicable.

ITEM 9.     REGULATION FD DISCLOSURE

         Not applicable.


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                                   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 hereunto duly authorized.

                                       COLUMBUS NETWORKS CORPORATION


March 18, 2002                         By:  /S/ DAN COLLINS
                                          --------------------------------------
                                            Dan Collins, President






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