<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-02-13</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001278739</issuerCik>
        <issuerName>TELEGLOBE INTERNATIONAL HOLDINGS LTD</issuerName>
        <issuerTradingSymbol>TLGB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001288940</rptOwnerCik>
            <rptOwnerName>Willett Richard</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O TELEGLOBE INTERNATIONAL HOLDINGS LTD</rptOwnerStreet1>
            <rptOwnerStreet2>P.O. BOX HM  1154, 10 QUEEN STREET</rptOwnerStreet2>
            <rptOwnerCity>HAMILTON</rptOwnerCity>
            <rptOwnerState>D0</rptOwnerState>
            <rptOwnerZipCode>HM EX</rptOwnerZipCode>
            <rptOwnerStateDescription>BERMUDA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former Officer (COO and EVP)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>Pursuant to the terms of that certain Agreement and Plan of Amalgamation, dated as of July 25, 2005 (the &quot;Amalgamation Agreement&quot;), by and among Videsh Sanchar Nigam Limited, an Indian Limited Company, Teleglobe International Holdings Ltd (the &quot;Issuer&quot;), and VSNL Telecommunications (Bermuda) Ltd, a Bermuda exempted company and a wholly-owned subsidiary of VSNL (the &quot;Amalgamation Sub&quot;), on February 13, 2006, the Issuer and the Amalgamation Sub amalgamated under the laws of Bermuda and will continue as a Bermuda exempted company upon the terms and subject to the conditions of the Amalgamation Agreement and in accordance with the Companies Act 1981 of Bermuda, as amended.  As a result of the consummation of the transactions contemplated by and set forth in the Amalgamation Agreement, as of February 13, 2006, the Reporting Person ceased to be an officer of the Issuer.</remarks>

    <ownerSignature>
        <signatureName>/s/ Richard Willett</signatureName>
        <signatureDate>2006-02-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
