Post Transaction Not

NOTICE submitted by Millry Corporation

Notification of Consummation of Transaction

2016-11-18

This document pretains to ITC-T/C-20160816-00251 for Transfer of Control on a International Telecommunications filing.

IBFS_ITCTC2016081600251_1159136

WILKERSON ? BRYAN WILKERSON & BRYAN, P.C. ATTORNEYS & COUNSELORS 405 SOUTH HULL STREET MONTGOMERY, ALABAMA 36104 TEL: 334-265-1500 MAILING ADDRESS POST OFFICE BOX 830 36101-0830 FAX: 334.265.0319 Dana H. Billingsley dana@wilkersonbrvan.com November 18, 2016 VIA THE ELECTRONIC COMMENT FILING SYSTEM Marlene H. Dortch, Secretary Federal Communications Commission 445 12th Street, S.W. Washington, D.C. 20554 Re: Post-Transaction Notification of Millry Corporation and BB Holding Corporation International Bureau File No. ITC-T/C-20160816-00251 Dear Ms. Dortch: Pursuant to Section 63.24(e)(4) of the Rules of the Federal Communications Commission ("FCC" or the "Commission"), 47 C.F.R. § 63.24(e)(4), Millry Corporation ("Millry Corp") and its subsidiary, BB Holding Corporation ("BB Holding"), hereby notify the Commission of the consummation on November 8, 2016, of the transactions effecting the transfer of control of the international Section 214 authorization held by Millry Telephone LD, LLC ("Millry LD") from the Transferors (Millry Corp shareholders the Darrell R. Brown, Sr. Management Trust, Bryanell S. Brown Management Trust, GST Exempt Family Trust for the benefit of Darrell Raiford Brown, Jr., GST Exempt Family Trust for the benefit of Lisa Renee Bond and the GST Exempt Family Trust for the benefit of Chera Dare Ogburn) to the Transferees (Millry Corp shareholders the Paul E. Brown, Sr. Management Trust and the GST Exempt Family Trust for the benefit of Paul E. Brown, Jr.).1 On August 26, 2016, the FCC issued a Public Notice in Report No. TEL-01809S, accepting the application for approval of the transfer of control of the international Section 214 authorization held by Millry LD from the Transferors to the Transferees. The application was approved by the International Bureau on September 9, 2016, as reported in Report No. TEL- 01813 (DA No. 16-1042), issued on September 15, 2016.2 The time for reconsideration or FCC 1 Notice of the consummation of the transfer of control is also being simultaneously provided to the Wireline Competition Bureau and the Wireless Bureau. 2 Public Notice of the domestic Section 214 application for the transfer of control of the authorizations held by Millry Corp subsidiaries Millry Telephone Company, Inc., Millry Communication, Inc. and Millry LD was issued

Marlene H. Dortch, Secretary November 18, 2016 Page 2 of 3 review of the approval of the transfer of control expired on October 15, 2016, pursuant to 47 C.F.R. § 1.106. The transaction, as consummated, entailed the redemption by Millry Corp of all of the Transferors' Class A and Class B stock in Millry Corp. As a result, the Transferees' percentage ownership in Millry Corp's outstanding stock and their voting membership in the corporation increased from 50% to 100%, giving the Transferees clear and complete de jure control of Millry Corp, and thus Millry LD's international Section 214 authorization. Prior to the transaction, a new, wholly-owned intermediary subsidiary, BB Holding Corporation, was created between Millry Corp and the Subsidiaries. As provided under the application, notice of the pro forma transfer of control of the international Section 214 authorization held by Millry LD from Millry Corporation to BB Holding was filed with the FCC on September 29, 2016.3'4 The International Bureau issued its Public Notice approving the pro forma transfer of control of Millry Telephone LD, LLC on October 13, 2016, in Report No. TEL-01817 (DA No. 16-1170) (ITC-T/C- 20160929-00274). No application for reconsideration or review of this action has been filed with the FCC as of this date. Please direct any questions concerning this matter to my office. Very truly yours, A, Dana H. Billingsley Attorney for Millry Corporation, BB Holding Corporation, Millry Telephone Company, Inc., Millry Communication, Inc. and Millry Telephone LD, LLC by the FCC on August 31, 2016, which stated that the transfer of assets could occur on or after October 1, 2016 (WC Docket No. 16-260, DA No. 16-994). On October 3, 2016, the Wireline Competition Bureau granted the application for transfer of control of the domestic Section 214 authorizations in a Public Notice issued in DA 16-1130 (WC Docket No. 16-260). Public Notice of Millry Telephone's application for the transfer of control of its wireless authorizations (File No. 000739481 1) was issued by the FCC on August 21, 2016 (Report No. 1 1641), and was granted effective October 3, 2016, in a Public Notice in Report No. 1 1746A, issued on October 5, 2016 (TC 000739481 1). The time period for reconsideration of the Wireline Competition Bureau's action ran on November 2, 2016; the time period for reconsideration of the Wireless Bureau's action ran on November 4, 2016. 3 As previously described, Millry Corp transferred 100% of the stock of Millry Coip's direct subsidiaries, Millry Telephone and Millry Communication, to BB Flolding, a 100% wholly-owned subsidiary of Millry Coip that was formed that same date as an intermediate holding company between Milky Corp and the Subsidiaries. Millry LD remains a 100% wholly-owned subsidiary of Millry Telephone. 4 Notice of the pro forma transfer of control of the domestic Section 214 authorizations held by the subsidiaries from Milky Corp to BB Holding was filed with the FCC's Wkeline Competition Bureau on September 28, 2016. Notice of the pro forma transfer of control and the consummation of the transaction is being provided to the Wireless Bureau pursuant to its rules on today's date.

Marlene H. Dortch, Secretary November 18, 2016 Page 3 of 3 cc: Paul E. Brown Paul E. Brown, Jr. Bobby Williams Annice Jordan


Document Created: 2016-11-18 12:56:14
Document Modified: 2016-11-18 12:56:14
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