Description of Transaction and Responses to Form 702 Questions

0018-EX-AU-2000 Text Documents

GTE WIRELESS INCORPORATED

2000-12-07ELS_43276

FCC FORM 702 EXHIBIT 1 DECEMBER 2000 PAGE 1 OF 1 DESCRIPTION OF TRANSACTION AND RESPONSES TO FORM 702 QUESTIONS This transaction involves the pro forma assignment of Part 5 experimental licenses call signs held by GTE Wireless Incorporated to Cellco Partnership d/b/a Verizon Wireless. This restructuring follows the consummation of the GTE Corporation- Bell Atlantic Corporation merger, pursuant to which the licensee was placed under the ultimate control of Verizon Communications (formerly Bell Atlantic Corporation). Pursuant to the pro forma assignment, Cellco Partnership, which is indirectly controlled by Verizon Communications, becomes the holder of the subject licenses. While the licensee’s identity changes, ultimate control of the licenses remains unchanged. Because both the assignor and the assignee are ultimately wholly owned and controlled by Verizon Communications, and because the transaction simply represents a restructuring of the holding of the subject licenses under Verizon Communications, this transaction is considered pro forma. The partners of Cellco Partnership d/b/a Verizon Wireless are listed in its current ownership report, Form 602, on file with the Commission. John T. Scott, III is a duly authorized representative of Cellco Partnership d/b/a Verizon Wireless. 934344


Document Created: 2000-12-07 13:27:54
Document Modified: 2000-12-07 13:27:54
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