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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 8)*

ICO GLOBAL COMMUNICATIONS (HOLDINGS) LIMITED

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

44930K108

(CUSIP Number)

Matthew Okolita
Highland Capital Management, L.P.
Two Galleria Tower
13455 Noel Road, Suite 800
Dallas, Texas 75240
(972) 628-4100

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

September 1, 2010

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. þ

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

CUSIP No.		44930K108

CUSIP No.		44930K108

CUSIP No.		44930K108

     This Amendment No. 8 reflects changes to the information in Schedule 13D relating to the Class A common stock of the issuer filed August 20, 2007 by the reporting persons with the Commission, as amended and/or supplemented by Amendment No. 1 to the Schedule 13D filed December 17, 2007, Amendment No. 2 to the Schedule 13D filed January 17, 2008, Amendment No. 3 to the Schedule 13D filed January 28, 2008, Amendment No. 4 to the Schedule 13D filed June 10, 2008, and Amendment No. 5 to the Schedule 13D filed October 14, 2008 and, Amendment No. 6 to the Schedule 13D filed November 3, 2008, and Amendment No. 7 to the schedule 13D filed on March 9, 2010, by the reporting persons with the Commission (as amended, the “Schedule 13D”). Each capitalized term used and not defined in this Amendment shall have the meaning assigned to such term in the Schedule 13D. Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.

Item 4. Purpose of Transaction

     The reporting persons may be deemed to be a “group” (within the meaning of Section 13(d) of the Securities Exchange Act of 1934), but the reporting persons expressly disclaim such group membership.

Item 5. Interest in Securities of the Issuer

     (a) As of September 1, 2010, (i) Highland Capital may be deemed to beneficially own 41,964,233 shares of Common Stock, which represents approximately 20.99% (1) of the outstanding Class A Common Stock; (ii) Strand may be deemed to beneficially own 41,964,233 shares of Common Stock, which represents approximately 20.99% (1) of the outstanding Class A Common Stock; and (iii) James D. Dondero may be deemed to beneficially own 49,261,845 shares of Common Stock, which represents 24.53% (1) of the outstanding Class A Common Stock.

     (b)

Reporting		Sole Voting				Shared Voting				Sole Dispositive				Shared Dispositive
Person		Power				Power				Power				Power
Highland Capital Management, L.P.			39,193,658				2,770,575				39,193,658				2,770,575
Strand Advisors, Inc.			39,193,658				2,770,575				39,193,658				2,770,575
James D. Dondero			46,261,845				2,770,575				46,261,845				2,770,575

     (c)

Transaction

Effecting

Shares

Shares

Price Per

Description of

Date

Person(s)

Acquired

Disposed

Share

Transaction

August 20, 2010

Highland Capital Management, L.P.

50,000

0

$

1.46

Purchase

August 23, 2010

Highland Capital Management, L.P.

60,000

0

$

1.43

Purchase

August 24, 2010

Highland Capital Management, L.P.

25,000

0

$

1.25

Purchase

Except as otherwise described herein, no transactions in the Class A Common Stock of the issuer were effected during the past sixty days or since the most recent filing of the Schedule 13D, whichever is less, by any reporting person.

Item 7. Material to be Filed as Exhibits.

     No materials are filed as Exhibits.

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

		Highland Capital Management, L.P.
		By:		Strand Advisors, Inc.
		Title:		General Partner
		By:		/s/ James D. Dondero
		Name:		James D. Dondero
		Title:		President
		Date:		September 1, 2010
		Strand Advisors, Inc.
		By:		/s/ James D. Dondero
		Name:		James D. Dondero
		Title:		President
		Date:		September 1, 2010
		James D. Dondero
		By:		/s/ James D. Dondero
		Name:		James D. Dondero
		Date:		September 1, 2010

EXHIBIT INDEX

Exhibit		Description of Exhibit
99.2		Joint Filing Agreement (incorporated herein by reference from Exhibit 99.2 to the Schedule 13D related to the common stock of the issuer filed August 20, 2007 by the reporting persons with the Commission)