UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                     FORM 15

CERTIFICATE AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE
SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                                Commission File Number:  0-31138
                                                                         1-15015


                             StarMedia Network, Inc.
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             (Exact name of registrant as specified in its charter)


      999 Brickell Avenue, Suite 900, Miami, Florida, 33131, (305) 938-3008
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   (Address, including zip code, and telephone number, including area code of
                   registrant's principal executive offices)


                    Common Stock, $0.001 par value per share
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               (Title of class of securities covered by this Form)


                                      None
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   (Titles of all other classes of securities for which a duty to file reports
                     under section 13(a) or 15(d) remains)

         Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

               Rule 12g-4(a)(1)(i)   |X|         Rule 12h-3(b)(1)(i)   |X|

               Rule 12g-4(a)(1)(ii)  |_|         Rule 12h-3(b)(1)(ii)  |_|

               Rule 12g-4(a)(2)(i)   |_|         Rule 12h-3(b)(2)(i)   |_|

               Rule 12g-4(a)(2)(ii)  |_|         Rule 12h-3(b)(2)(ii)  |_|

                                                 Rule 15d-6            |_|


         Approximate number of holders of record as of the certification or
notice date: 152

         Pursuant to the requirements of the Securities Exchange Act of 1934,
StarMedia Network, Inc. has caused this certification/notice to be signed on its
behalf by the undersigned duly authorized person.



Dated:  March 24, 2003                     By:    /S/ MICHAEL HARTMAN
                                                  -------------------
                                           Name:  Michael Hartman
                                           Title: GENERAL COUNSEL AND SECRETARY