content: --------------------------------------------------------------------------------
  
                                    UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549
  
                       --------------------------------------
  
                                      FORM 8-K
  
                       --------------------------------------
  
                                   CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(D) OF THE
                           SECURITIES EXCHANGE ACT OF 1934
  
  
  
               MARCH 22, 2005                                333-05188-A
       -----------------------------                   ------------------------
       Date of  Report (Date of                        Commission File Number
       earliest event reported)
  
  
                               PHONE1GLOBALWIDE, INC.
               (Exact name of registrant as specified in its charter)
  
  
  
             DELAWARE                                       65-0669842
  ---------------------------------                   ------------------------
  (State or other jurisdiction of                         (I.R.S. Employer)
  incorporation or organization)                        Identification Number
  
  
                          100 N. BISCAYNE BLVD., SUITE 1200
                                MIAMI, FLORIDA 33132
           --------------------------------------------------------------
                 (Address of Principal Executive Offices) (Zip Code)
  
  
                                   (305) 371-3300
           --------------------------------------------------------------
                (Registrant's telephone number, including area code)
  
  
           --------------------------------------------------------------
           (Former name or former address, if changed since last report.)
  
  |_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
        CFR 230.425)
  
  |_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
        240.14a-12)
  
  |_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
        Exchange Act (17 CFR 240.14d-2(b))
  
  |_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
        Exchange Act (17 CFR 240.13e-4(c))
  
  --------------------------------------------------------------------------------
  
  <PAGE>
  
  
  ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
  
  AMENDMENT OF SENT PAID SERVICES AGREEMENT FROM SBC PAY PHONES
  
  On March 22, 2005, the Company's wholly-owned subsidiary,  Phone 1, Inc. ("Phone
  1"),  entered  into an amendment  (the  "Amendment")  to the Sent Paid  Services
  Agreement  From SBC Pay Phones,  between Phone 1 and SBC Services,  Inc.,  dated
  December 10, 2002 and amended on April 3, 2003, July 14, 2003 and August 5, 2003
  (the "Agreement").
  
  The Agreement was amended to change the distribution of revenues  resulting from
  calls made through  SBC's phones using Phone 1's coin  services.  As a result of
  these changes,  Phone 1 has increased the percentage of revenues it will receive
  from the Phone 1's services provided under the Agreement.
  
  
  
  
                                         2
  <PAGE>
  
  
  
                                     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.
  
                                          PHONE1GLOBALWIDE, INC.
  
  
  
  Date:  March 24, 2005            By:     /s/ Syed Naqvi
                                        ----------------------------------------
                                            Name: Syed Naqvi
                                            Title:   Chief Financial Officer
  
  
  
  
                                         3
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "e333439v1.txt", "secsgml_size_bytes": 3821}]
metadata_filer: {"company-data": {"conformed-name": "PHONE1GLOBALWIDE INC", "cik": "0001017837", "assigned-sic": "4813", "irs-number": "650669842", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-05188-A", "film-number": "05705894"}, "business-address": {"street1": "100 N BISCAYNE BLVD SUITE 2500", "city": "MIAMI", "state": "FL", "zip": "33132", "phone": "3053713300"}, "mail-address": {"street1": "100 N BISCAYNE BLVD SUITE 2500", "city": "MIAMI", "state": "FL", "zip": "33132"}, "former-company": [{"former-conformed-name": "GLOBALTRON CORP", "date-changed": "20001215"}, {"former-conformed-name": "WIN GATE EQUITY GROUP INC", "date-changed": "19960701"}]}
text: --------------------------------------------------------------------------------
  
                                    UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549
  
                       --------------------------------------
  
                                      FORM 8-K
  
                       --------------------------------------
  
                                   CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(D) OF THE
                           SECURITIES EXCHANGE ACT OF 1934
  
               MARCH 22, 2005                                333-05188-A
       -----------------------------                   ------------------------
       Date of  Report (Date of                        Commission File Number
       earliest event reported)
  
                               PHONE1GLOBALWIDE, INC.
               (Exact name of registrant as specified in its charter)
  
             DELAWARE                                       65-0669842
  ---------------------------------                   ------------------------
  (State or other jurisdiction of                         (I.R.S. Employer)
  incorporation or organization)                        Identification Number
  
                          100 N. BISCAYNE BLVD., SUITE 1200
                                MIAMI, FLORIDA 33132
           --------------------------------------------------------------
                 (Address of Principal Executive Offices) (Zip Code)
  
                                   (305) 371-3300
           --------------------------------------------------------------
                (Registrant's telephone number, including area code)
  
           --------------------------------------------------------------
           (Former name or former address, if changed since last report.)
  
  |_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
        CFR 230.425)
  
  |_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
        240.14a-12)
  
  |_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
        Exchange Act (17 CFR 240.14d-2(b))
  
  |_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
        Exchange Act (17 CFR 240.13e-4(c))
  
  --------------------------------------------------------------------------------
  ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
  
  AMENDMENT OF SENT PAID SERVICES AGREEMENT FROM SBC PAY PHONES
  
  On March 22, 2005, the Company's wholly-owned subsidiary,  Phone 1, Inc. ("Phone
  1"),  entered  into an amendment  (the  "Amendment")  to the Sent Paid  Services
  Agreement  From SBC Pay Phones,  between Phone 1 and SBC Services,  Inc.,  dated
  December 10, 2002 and amended on April 3, 2003, July 14, 2003 and August 5, 2003
  (the "Agreement").
  
  The Agreement was amended to change the distribution of revenues  resulting from
  calls made through  SBC's phones using Phone 1's coin  services.  As a result of
  these changes,  Phone 1 has increased the percentage of revenues it will receive
  from the Phone 1's services provided under the Agreement.
  
                                         2
  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.
  
                                          PHONE1GLOBALWIDE, INC.
  
  Date:  March 24, 2005            By:     /s/ Syed Naqvi
                                        ----------------------------------------
                                            Name: Syed Naqvi
                                            Title:   Chief Financial Officer
  
                                         3