Attachment Attachment 1

This document pretains to ITC-T/C-20100917-00368 for Transfer of Control on a International Telecommunications filing.

IBFS_ITCTC2010091700368_840711

                                                                                   Attachment 1
                                                                                     Page 1 of 6


                               ATTACHMENT 1
                     PRO FORMA TRANSFER OF CONTROL OF
                    INTERNATIONAL SECTION 214 AUTHORITY

        Chrysaor S.à r.l. (“Chrysaor”) hereby notifies the Commission pursuant to
Section 63.24(f) of the Commission’s rules, 47 C.F.R. § 63.24(f), of the consummation on
August 20, 2010, of a pro forma transfer of Vizada, Inc. (“Vizada”), which holds
international Section 214 authority. The transaction inserted Chrysaor into Vizada’s
ownership chain as the ultimate parent but did not result in any substantial change in Vizada’s
ownership or control.1

Answer to Question 10

Contact Information for Transferor MobSat Group Holdings S.à r.l.

Robert W. Swanson
Associate Counsel
Vizada, Inc.
2600 Tower Oaks Blvd.
Rockville, MD 20852
(301) 838-7807
robert.swanson@vizada.com

with a copy to counsel:

Karis A. Hastings
Hogan Lovells US LLP
555 13th Street, N.W.
Washington, D.C. 20004
(202) 637-5767
karis.hastings@hoganlovells.com

Contact Information for Transferee Chrysaor S.à r.l.

Robert W. Swanson
Associate Counsel
Vizada, Inc.
2600 Tower Oaks Blvd.
Rockville, MD 20852
(301) 838-7807
robert.swanson@vizada.com



1
 The Commission previously granted its consent to this pro forma transaction in connection
with a petition for declaratory ruling under Section 310(b)(4) and applications for transfer of
control of Vizada’s earth station, wireless, and experimental authorizations. See File Nos.
ISP-PDR-20100514-00009; SES-T/C-20100609-00685; SES-T/C-20100611-00694;
0004275667 and 0006-EX-TC-2010. The parties incorporate the information provided to the
Commission in these applications by reference herein.


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with a copy to counsel:

Karis A. Hastings
Hogan Lovells US LLP
555 13th Street, N.W.
Washington, D.C. 20004
(202) 637-5767
karis.hastings@hoganlovells.com

Section 63.18(d): Neither the transferor, MobSat Group Holding S.à r.l. (“MobSat Group
Holding”), nor the transferee, Chrysaor, directly holds any international Section 214
authority.

Answer to Questions 11 and 13

        This filing reports a pro forma transfer of control of Vizada that occurred through a
minor restructuring of Vizada’s ownership chain. Specifically, a majority of the shares of
Vizada’s parent, MobSat Group Holding, have been transferred to Chrysaor, a new
Luxembourg-based holding company. Chrysaor is a société à responsabilité limitée (the
equivalent of a limited liability company) under Luxembourg law. The figures below show
the ultimate ownership and control of Vizada before and after the transfer of shares to
Chrysaor.

        As depicted in Figure 2, shareholders who previously directly held interests in Mobsat
Group Holding own 97.2% of the shares of Chrysaor, and through Chrysaor, hold substantial
interests in Vizada. The Commission has previously approved these shareholders and their
interests in Vizada.2 Apax France VI (“Apax France”) holds a 52.1% total interest in Vizada,
Altamir Amboise SCA (“Altamir Amboise”) holds a 20.3% total interest in Vizada, and Apax
Parallel Investment V (“API V”) holds a 14.9% total interest in Vizada. Apax France is a
fonds commun de placement à risques (an investment fund) organized under French law.
Altamir Amboise is organized in France as a société en commandite par action, which is
equivalent to a limited partnership in the United States. API V is a Delaware limited
partnership in which an interest of greater than 99% is held by Summer Street Satellite
Holding Company, Ltd. (“Summer Street”), a Cayman Islands company. Summer Street is
wholly owned by GEAM International Private Equity Fund, L.P., a private equity fund
organized in Delaware that is sponsored by GE Asset Management, Inc. With the exception
of Chrysaor, the 10% or greater shareholders of Vizada remain the same as those approved by
the Commission in its March 2010 Ruling.




2
  See VIZADA Services LLC and Vizada, Inc., Order and Declaratory Ruling, File Nos. ISP-
PDR-20060804-00010, ISP-PDR-20080501-00011, DA 10-357 (IB, rel. Mar. 2, 2010)
(“March 2010 Ruling”).


                                                                                                                Attachment 1
                                                                                                                  Page 3 of 6

                                                         Figure 1:
                                               Pre-Closing Vizada Ownership
                                                                                                                Maurice Tchénio
                                                                 Maurice and Romain
                                                                       Tchénio
            Other APSA
           Shareholders                                                        100%
           (All individuals)

                                                                   APAX PARTNERS SNC
                                                                         (SNC)
                    0.02%
  45.5%                                                                       62.25%
                                                                                               37.75%

                                            54.48%                      MMG SAS
      APAX PARTNERS SA
           (APSA)                                                        (MMG)


                                                             0.04%
                                     Investment
                                       advice
                                                                              0.04%                         79.8%
                 Manager
                with 100%                                   Apax Partners & Cie Gérance SA
                 Control;                                              (APCG)
                <0.001%
                  equity                                                 GP and manager
                 interest                                                (no equity interest)            Floating Limited
                                                         Investors                                           Partners



                                                                                             Altamir Amboise SCA
           General Electric                       Apax France VI                      (Listed company – partnership limited by
              Company                   (French fund – FCPR (Fonds Communs                            shares)
                (New York                     de Placement à Risques))                           (Altamir Amboise)
               Corporation)                         (Apax France)
                                                                                  20.9% total interest
                                        53.7% total interest                      Minority + no control
                                        Majority + control

             [Intermediate                                                           Other MobSat
             GE Companies]                                                            Management
              (All U.S. Entities)
                                                                                     Shareholders
                                                                                     (all individuals)
                            100%


Manager          GE International                        Limited
and Sole     Management Incorporated                     Partners
                   (Delaware Corporation)                                                    73.1%                    Other MobSat
Member                                                      99.8%
                                                                                                                      Group Holding
                   GP                                                                                                 Shareholders
              0.2% equity               GEAM International                   19.4%
                interest              Private Equity Fund, L.P.                                  7.5%
                                      (Delaware limited partnership)

         Apax                                             100%
    Satellite, LLC                                                                MobSat Management
    (Delaware LLC)                   Summer Street Satellite                             Sàrl
                                      Holding Company, Ltd.                          (Luxembourg limited
                                                                                       liability company)                        3.3%
                                    (Cayman Islands Company)
             GP                                                                                                     20.2%
                                                     LP (>99%)                51.9%                      9.3%

                          Apax Parallel
                                                                                      MobSat Group Holding Sàrl
                        Investment V, L.P.                                         (Luxembourg limited liability company)
                   (Delaware limited partnership)            15.4%

                                                          Minority + no-control

                                                                                                     Continued on
                                                                                                     Next Page


                                                  Attachment 1
                                                    Page 4 of 6

                  Figure 1 (continued)


     MobSat Group Holding Sàrl
  (Luxembourg limited liability company)


         100%


          MobSat Holding 2 BV
(Netherlands private limited liability company)

        100%


          MobSat Holding 1 BV
(Netherlands private limited liability company)


          100%

      MobSat Holding Norway AS,
          f/k/a Inceptum 1 AS
                    (Norway)

        100%

         Mobsat Holding US Corp.
             (DE Corporation)


         100%

                Vizada, Inc.
    f/k/a Telenor Satellite Services, Inc.
              (DE Corporation)


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                                                                                                                                    Page 5 of 6

                                                                    Figure 2:
                                                         Post-Closing Vizada Ownership
                                                                                                                                Maurice Tchénio
                                                                           Maurice and Romain
                                                                                 Tchénio
                       Other APSA
                      Shareholders
                      (All individuals)
                                                                                        100%



                               0.02%
              45.5%                                                        APAX PARTNERS SNC
                                                54.48%                           (SNC)

                 APAX PARTNERS SA
                      (APSA)
                                                                                       79.84%
                                                                     0.04%

                                                  Investment                         Apax Partners & Cie Gérance SA
                                                    advice                                      (APCG)
                              Manager
                             with 100%
                              Control;
                             <0.001%                                              GP and manager                    Floating Limited
                               equity                                             (no equity interest)                  Partners
                  SC Vizasat  interest
                 (French société                          Investors
                     civile)



                      General Electric                         Apax France VI                             Altamir Amboise SCA
                         Company                   (French fund – FCPR (Fonds Communs               (Listed company – partnership limited by
                           (New York                     de Placement à Risques))                                   shares)
                          Corporation)                         (Apax France)                                   (Altamir Amboise)

                                                                52.1% total interest                   20.3% total interest                     Other MobSat
                                                                Majority + control                     Minority + no control                     Management
                        [Intermediate                                                                                                           Shareholders
  Manager               GE Companies]                                                                                                           (all individuals)
(0% equity)              (All U.S. Entities)                                                                                       6.86%
                                   100%                                      57.1%      17.65%
                Sole                                                                                                                                60.46%
               Member         GE International
                          Management Incorporated                                      Hutton Collins                           Bruno
                                (Delaware Corporation)                                                                         Ducharme
                                                                Limited
                            GP                                  Partners
                       0.2% equity
                         interest                           99.8%
                                                                                                                                     15.03%
                                GEAM International                                                   22.2%
                              Private Equity Fund, L.P.
                              (Delaware limited partnership)                                 2.8%                       1.0%

                    Apax                                   100%
               Satellite, LLC
               (Delaware LLC)              Summer Street Satellite
                                            Holding Company, Ltd.
                                          (Cayman Islands Company)                            Chrysaor Sàrl                         MobSat Management
               GP (<1%)                                                                 (Luxembourg limited liability                      Sàrl
                                                         LP (>99%)                             company)                               (Luxembourg limited
                                                                                                                                        liability company)
                                     Apax Parallel                           16.9%
                                   Investment V, L.P.
                              (Delaware limited partnership)         14.9% total interest
                                                                     Minority + no control

                                                                                                                         Continued on
                                                                                                                         Next Page


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                                           Figure 2 (continued):



          Chrysaor Sàrl                          MobSat Management Sàrl                       Other MobSat
(Luxembourg limited liability company)        (Luxembourg limited liability company)          Group Holding
                                                                                              Shareholders             88.3


               88.3%                                   9.3%                                2.4%



                                              MobSat Group Holding Sàrl
                                           (Luxembourg limited liability company)


                                                       100%


                                                   MobSat Holding 2 BV
                                         (Netherlands private limited liability company)


                                                       100%

                                                   MobSat Holding 1 BV
                                         (Netherlands private limited liability company)


                                                       100%

                                                MobSat Holding Norway AS
                                                   f/k/a Inceptum 1 AS
                                                             (Norway)


                                                       100%

                                                 Mobsat Holding US Corp.
                                                     (DE Corporation)


                                                       100%

                                                         Vizada, Inc.
                                                       (DE Corporation)



Document Created: 2010-09-16 18:08:49
Document Modified: 2010-09-16 18:08:49

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