Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Alderman Donna
 2. Date of Event Requiring Statement (Month/Day/Year)
07/14/2006		 3. Issuer Name and Ticker or Trading Symbol
ICO Global Communications (Holdings) LTD [ICOHA]
(Last)
(First)
(Middle)
138 PARKVIEW ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Corporate Development
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

POUND RIDGE, NY 10576		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 123,923
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   (1) 11/14/2015 Class A Common Stock 500,000 $ 4.25 D  
Stock Option (right to buy)   (2) 11/14/2015 Class A Common Stock 150,000 $ 4.25 D  
Stock Option (right to buy)   (3) 08/09/2010 Class A Common Stock 20,000 $ 10.45 D  
Stock Option (right to buy)   (3) 08/09/2010 Class A Common Stock 5,000 $ 10.45 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Alderman Donna
138 PARKVIEW ROAD
POUND RIDGE, NY 10576		   X     EVP, Corporate Development  

Signatures

John L. Flynn, attorney-in-fact 07/13/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Option vests in four equal annual installments beginning with the vesting commencement date of November 14, 2005 for continued service as an officer (subject to accelerated vesting in certain circumstances).
(2) Option vests in four equal annual installments beginning with the vesting commencement date of November 14, 2005 for continued service as a director (subject to accelerated vesting in certain circumstances).
(3) Fully vested.

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