Attachment 20170822143518-327.p

20170822143518-327.p

SUPPLEMENT

Supplement

2006-09-20

This document pretains to ITC-T/C-20060920-00436 for Transfer of Control on a International Telecommunications filing.

IBFS_ITCTC2006092000436_1620975

                                     Federal Communications Commission
                                            Washington, D.C. 20554



Inte   onal Bur


                                                                         E—mail: James.Ball@fec.gov
                                                                                   George.Li@fce.gov
                                                                           (202) 418—1462
                                                                           (202) 418—2824 (fax)
                                                                           October 11, 2006
                                                                           Ref: 2006—57


Hil    + Morg:            (703) 607—609              Steven W. Lett                (202) 647—5835
Re;    | Hart             (202) 205—049              Louis Brenner                 (202) 692—4235
Eric     ‘erner           (202) 772—090              Josephine Scarlett            (202) 482—5461
Ed     d T. H;            (202) 514—246              Kenneth Schagrin              (202) 395—5663
Hel    Domen              (202) 456—608              Myla S. Trotter               (202) 324—1730
Sig    {Aandel            (202) 616—057              Jonathan Frenkel              (202) 282—8478
Do:    ic Past            (202) 514—560
Ste    n Heift            (202) 282—897

                  Re:      Section 214 :    310(b)(4) applications

De     jiror\      am;

Ple    zs revi      the following appli    iions and advise us whether you have any national .
sec    ity, la    inforcement, foreign      licy or trade concerns by C.O.B. October 30, 2006,
bee    se we      e prepared to take :     ion on these applications. Electronic filed (e—file)
ap       catior   are able to be view        by accessing www.fce.gov/ibfs and searching:by
the    lenum      er.        :

IS)    ‘DR—i      60919—00012 (e—fil
Tn aot G1 al Communications                LC (Trident) and PetroCom License Corporation
(Pe »Com)   stition the Commiss            : for a declaratory ruling under Section 310(b)(4) of
the ommt     :ations Act of 1934,           amended, that it is in public interest to allow Kactus
Inv tment orporation (Kactus),             privately—held corporation organized under the laws
of the Cayman Islands (a territory         of the United Kingdom), to acquire a 40% indirect
voting interest in PetroCom that would result from Trident‘s proposed acquisition of
PetroCom‘s parent corporation (see transfer of control applications listed below).
Petitioners also request authority to allow investors named in this petition or other
unnamed investors to hold an additional, aggregate 25% foreign equity and voting
interest in PetroCom, without seeking additional Commission approval.

Petitioners state that, although Kactus would be attributed with a 40% indirect voting
interest in PetroCom under the Commission‘s foreign ownership precedent, the Kactus
investment will be insulated and passive. Further, its indirect equity interest in PetroCom
will be only 0.1019%. According to Petitioners, Kactus is an investment company that
has its principal place of business in the United States. It is wholly owned by the Tamer
Family Trust, which is based in the United States and is controlled by a U.S. citizen,
Anthony Tamer. As the sole trustee, Mr. Tamer exercises legal title and control over the


 ownership interest held in Kactus for the benefit of the trust‘s sole beneficiary, a citizen
 of Lebanon.

 PetroCom holds a number of FCC licenses and authorizations: Cellular Radiotelephone
 and 800 MHz Specialized Mobile Radio (SMR), Domestic Fixed Satellite
 transmit/receive earth station and Very Small Aperture Terminal (VSAT) licenses; and an
 international Section 214 authorization.

 ITC—T/C—20060920—00436 (e—file)
 Application for consent to the transfer of control of international section 214
 authorization, ITC—214—19980226—00151, held by PetroCom License Corporation
 (PetroCom) from S&P Cellular Holding Company LLC to Trident Global
 Communications LLC. PetroCom also requests consent for the transfer of control of
 wireless licenses (ULS 0002734993) and satellite earth station licenses (SES—T/C—
 20060920—01757 and SES—T/C—20060920—01758).

 Kactus Investment Corporation, a private—held corporation organized under the laws of
 the Cayman Islands (a territory of the United Kingdom), will hold a 40% indirect voting
 interest in PetroCom, that would result from Trident‘s proposed acquisition of
 PetroCom‘s parent corporation. As noted above, a citizen of Lebanon will hold a
 0.1019% indirect equity interest in PetroCom.

  If we do not hear from you by C.O;B. October 30, 2006, we Will assume that you do not
. have any concerns with these applications.




                                                      Sincerely,


                                                    dozmom A _&
                                                      George Li, Deputy Chief
                                                      Policy Division



Document Created: 2019-05-01 12:08:40
Document Modified: 2019-05-01 12:08:40

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