EXHIBIT 1

                                   854923109
                                 (CUSIP Number)

                            JOINT REPORTING AGREEMENT


         In consideration of the mutual covenants herein contained, each of the
parties hereto represents to and agrees with the other party as follows:

         1. Such party is eligible to file a statement or statements on Schedule
13D pertaining to the Common Stock, $.001 value per share, STAR
Telecommunications, Inc., to which this Agreement is an exhibit, for filing of
the information contained therein.

         2. Such party is responsible for timely filing of such statement and
any amendments thereto and for the completeness and accuracy of the information
concerning such party contained therein, PROVIDED that no such party is
responsible for the completeness or accuracy of the information concerning the
other parties making the filing, unless such party knows or has reason to
believe that such information is inaccurate.

         3. Such party agrees that such statement is filed by and on behalf of
each party and that any amendment thereto will be filed on behalf of each such
party.

         This agreement may be executed in one or more counterparts, each of
which shall be deemed to be an original instrument, but all of such counterparts
together shall constitute but one agreement.

Dated: February 14, 2001                    GOTEL INVESTMENTS LTD.


                                            By: /s/ WALTER STRESEMANN
                                                --------------------------------
                                                Walter Stresemann, Director


                                            GLOBAL INVESTMENTS TRUST
                                            By: Intertrust (Guernsey) Limited,
                                                Trustee


                                            By: /s/ WALTER STRESEMANN
                                                --------------------------------
                                                Walter Stresemann, Director


                                            INTERTRUST (GUERNSEY) LIMITED


                                            By: /s/ WALTER STRESEMANN
                                                --------------------------------
                                                  Walter Stresemann, Director