Attachment 20170207140510-437.p

20170207140510-437.p

SUPPLEMENT

Supplement

1999-05-19

This document pretains to ITC-ASG-19990402-00215 for Assignment on a International Telecommunications filing.

IBFS_ITCASG1999040200215_1415873

Before the ———— TEDF RAL COMMUN ICATION!®) COMMI N Washin ston, D.C. : 0554 fiECEF VED In tt e Maiter of MAY 1 9 1999 N N NNN NY NY NY NY N N NN N N) ‘ itreamiined TTC—AS(2—19993402—00215 COTECOMMI1IEWCO, NA C. USN CC MMunications NORTHEAS T, INC. and US? * COMMUI ICA‘ION, ; MIL WEST, INC:. and T‘ile No. ITC—99—ASG1I199$0402—00215 USt COMMUIIICA"TION, ; NOFTHEAST, : NC. App icaticn for wuthoiity pirsuan to Section :14 Con muni:ation s Act of 19 4, as imended, to a: sign Sectio:i 214 authoizatio as AMNDMENT TO APPL CATION CeoreCot im Neweco, Inc. ( CoreComm Newco"), USN C ommunications Midwest, Inc. ("USLNC—MW") and USN Comm inications A ortheast, In :. ("U SNC—NE") (collectively, the "Ap »lican‘ts"), by the inder; igned counsel, he eby amend their ipplication to assign the Section 214 autho:izaticns of USNC—MW and USNC. NE (the "U NC 214 licenses") to CoreComm Newco, filed April 2, 1999 the ". wpplication"). Specifically, this Amendment is filed to clarify the identity and nationality of the entities or parties holding a 10% or more interest in CoreComm Newco, as referenced in Section IV(;I) of the Application. In the Application, the Applicants indicated that Ronald Baron, Baron Capital Group, Inc., Baron Capital Man;gement Inc., BAMCO, Inc., and the Baron Asset Fund collectively hold shares that constitute approximately 18.1% of the outstanding stock of CoreComm Newco‘s ultimate parent company, CoreComm Limited. In fact, only the Baron

Asset Fund owns more than ten percent of CoreComm Limited‘s outstanding stock. The Baron Asset Fund owns al;proximately 11% of CoreComm Limited‘s outstanding stock. The Baron Asset Fund is a Massachusetts Business Trust. The remaining approximate 7.1% of outstanding stock in CoreComm Limited is held by various individual investor clients on whose behalf Baron Capital Group, Inc., Baron Capital Management, Inc., and BAMCO, Inc. invest funds. The Application also indicated that Snyder Capital Management, L.P. ("Snyder Capital"), a limited partnership organized under the laws of the State of Delaware, holds approximately 15% of CoreComm Limited‘s outstanding stock. In fact, Snyder Capital is not the beneficial owner of the stock, and no party or entity associated with Snyder Capital holds a 10% or more interest in CoreComm Limited. Rather, Snyder Capital provides investment advice to various individual investors and investment entities who are the true beneficial owners of this CoreComm Limited stock, and Snyder Capital merely reports these ownership interests in CoreComm Limited on an aggregate basis to the Securities Exchange Commission. Respectfully submitted, Eric J. Branfman, Esq. Lawrence A. Walke, Esq. SWIDLER BERLIN SHEREFF FRIEDMAN, LLP 3000 K Street, N.W., Suite 300 Washington, D.C. 20007 Telephone: 202/424—7500 + Counsel for CoreComm Newco Dated: May 19, 1999


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Document Modified: 2019-04-06 02:59:04
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