Description of filing

0032-EX-TU-2019 Text Documents

T-Mobile License LLC

2019-10-16ELS_239713

                                    Details of the Transaction


       The Part 5 Experimental Radio Service licenses that are the subject of this application are

held by a wholly owned subsidiary of T-Mobile US, Inc. The attached FCC Form 703 seeks

consent to the proposed pro forma transfer control of these licenses in connection with the

contemplated merger of T-Mobile and Sprint Corporation (“Sprint”). As a result of this

transaction, the previous shareholders of Sprint and T-Mobile will become the shareholders of

New T-Mobile post-closing. After closing, T-Mobile’s controlling shareholder, Deutsche

Telekom AG (“DT”), will retain de facto control of New T-Mobile due to having a majority of

the Board seats and the right to direct the voting of a majority of the combined company’s

shares, even though DT’s beneficial ownership in New T-Mobile will drop below 50 percent.

Accordingly, the transfer of T-Mobile’s licenses in connection with this transaction are pro

forma in nature.

       T-Mobile and Sprint have designated the application being filed concurrently to transfer

control of the FCC licenses held by Sprint Spectrum Realty Company, LLC from Sprint to T-

Mobile (ULS File No. 0008224209) as the lead wireless radio services application for the

transaction. That application contains a Public Interest Statement that fully describes the details

of the corporate transaction as well as the public interest benefits of the proposed merger.

Accordingly, T-Mobile hereby incorporates by reference all exhibits of that lead application.



Document Created: 2019-10-16 12:14:45
Document Modified: 2019-10-16 12:14:45

© 2024 FCC.report
This site is not affiliated with or endorsed by the FCC