8-K

                                  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


Date of Report (Date of earliest event reported):       November 7, 2006
                                                 -------------------------------

                       CABELTEL INTERNATIONAL CORPORATION

             (Exact Name of Registrant as Specified in its Charter)

             Nevada                    000-08187                  75-2399477
- --------------------------------------------------------------------------------
       (State or other                (Commission             (I.R.S. Employer
jurisdiction of incorporation)          File No.)            Identification No.)


    1755 Wittington Place, Suite 340
              Dallas, Texas                                         75234
- --------------------------------------------------------------------------------
(Address of principal executive offices)                         (Zip Code)

Registrant's telephone number, including area code         972-407-8400
                                                  ------------------------------


         Check the  appropriate  box below if the Form 8-K filing is intended to
simultaneously  satisfy the filing obligation of the Registrant under any of the
following provisions:

|_|      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))








Section 3 - Securities and Trading Markets

Item 3.01.  Notice of Deleting or Failure to Satisfy a Continued Listing Rule or
            Standard; Transfer of Listing.

         By  letter  dated  November  7,  2006,  received  November  8,  2006 by
facsimile transmission by CabelTel  International  Corporation (the "Registrant"
or the "Issuer" or the "Company"),  the American Stock Exchange ("AMEX") advised
that it is prepared to continue  the listing of the common  stock of the Company
subject to certain specified conditions which include:

                  o The Company  making a public  announcement  through the news
media by  November  14,  2006,  disclosing  the fact  that  the  Company  is not
currently in  compliance  with the continued  listing  standards of the AMEX and
that the  listing  is being  continued  pursuant  to an  extension.  The  target
completion  date is December 31, 2007. The required news release was made by the
Company on November 10, 2006.

                  o The  Company  must  provide  to  the  AMEX  updates  of  the
initiatives of its Plan at various times.

                  o By January 22, 2007,  the Company must provide the AMEX with
tentative  fiscal year end results and the Company  must provide  certain  other
information to the AMEX on two specific transactions.

                  o At December 31, 2007, the Company must be in compliance with
all continued listing standards of the AMEX.

         The  information  furnished  pursuant  to Item  3.01 of this  Form  8-K
including  exhibit  99.1  attached  hereto shall not be deemed to be "filed" for
purposes  of  Section 18 of the  Securities  Exchange  Act of 1934 or  otherwise
subject to the liabilities of that Section unless we specifically incorporate it
by  reference  in a  document  filed  under  the  Securities  Act of 1933 or the
Securities Exchange Act of 1934. The Company undertakes no duty or obligation to
publicly-update  or revise the  information  described  in Exhibit  99.1 to this
Current Report on Form 8-K.

Section 9 - Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

         (c)      Exhibits.

         The following exhibit is furnished with this report:

                 EXHIBIT
               DESIGNATION                 Description of EXHIBIT

                  99.1*                    Press Release dated November 13, 2006


         *Filed herewith

EX-99.1

                                                                    Exhibit 99.1




For Immediate Release                                Contact:     Oscar Smith
                                                                  Gene Bertcher
                                                                  (972) 407-8400

                        CABELTEL RECEIVES AMERICAN STOCK
                                 EXCHANGE LETTER


Dallas  (November  13,  2006) - CabelTel  International  Corporation  (AMEX-GBR)
announced that on November 8, 2006, the Company  received  notice from the Staff
of the American Stock Exchange  (AMEX)  indicating that the Company is currently
below certain of the Exchange's continued listing standards due to losses in two
of its three most recent fiscal years with stockholders  equity below $2,000,000
(by  approximately  $30,000),  as set forth in Section  1003 of the AMEX Company
guide.  The Company was afforded the  opportunity to submit a Plan of compliance
to the  Exchange  which it did by September  22, 2006.  On the basis of the Plan
submitted  by the  Company,  the  Exchange  has  notified the Company that it is
prepared  to continue  the  listing of the  Company's  Common  Stock  subject to
compliance  with  certain  specified  conditions  and the Company  being in full
compliance by December 31, 2007 with all continued listing standards.

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