Attachment Transfer Application

This document pretains to ITC-T/C-20190510-00111 for Transfer of Control on a International Telecommunications filing.

IBFS_ITCTC2019051000111_1680213

                                    Before the
                      FEDERAL COMMUNICATIONS COMMISSION
                               Washington, D.C. 20554

 In the Matter of the Joint Application of       )
                                                 )
 The Chester Telephone Company d/b/a Tru- )                 WC Docket No. 19-_____________
 Vista Communications, Transferor                )
                                                 )          IB File No. ITC-T/C-2019________
 and                                             )
                                                 )
 York Telecoms Holdings US L.P., Transferee )
                                                 )
 for Grant of Authority Pursuant to Section 214 )
 of the Communications Act of 1934, as           )
 amended, and Sections 63.04 and 63.24 of the    )
 Commission’s Rules to Transfer Control of Do- )
 mestic and International Section 214 Authoriza- )
 tion Holders to York Telecoms Holdings US       )
 L.P.                                            )

                                     JOINT APPLICATION

       The Chester Telephone Company d/b/a TruVista Communications ( “TruVista” or

“Transferor”) and York Telecoms Holdings US L.P. (“York” or “Transferee”) (together,

“Applicants”), pursuant to Section 214 of the Communications Act of 1934, as amended (the

“Act”), 47 U.S.C. § 214, and Sections 63.04 and 63.24 of the Commission’s Rules, 47 C.F.R. §§

63.04 & 63.24, request Commission approval for Transferee to acquire ownership and control of

TruVista (the “Transaction”), which will result in the transfer of direct or indirect control to

Transferee of the following Section 214 authority holders: TruVista, Lockhart Telephone

Company (“Lockhart”), Ridgeway Telephone Company (“Ridgeway”), Fairfield

Communications, Inc. (“Fairfield”), Camden Corporate Investments, LLC (“Camden”),

TruVista Communications of Georgia, LLC (“TruVista-GA”), and Chester Long Distance

Services, Inc. (“Chester Long Distance”) (Lockhart, Ridgeway, Fairfield, Camden, Chester

Communications, LLC (“Chester Comm”), TruVista-GA, and Chester Long Distance are wholly


owned subsidiaries of TruVista (“Subsidiaries”), and TruVista together with its Subsidiaries, the

“Licensees”).

       As discussed in more detail below, the Applicants have entered into an agreement where-

by York will acquire all of the ownership interests in TruVista and, indirectly, its Subsidiaries.

The Transaction will not result in any loss or impairment of service for any of the Licensees’

customers and will have no adverse effects upon competition in any areas where TruVista and its

Subsidiaries provides communications service, the rest of the United States, or abroad. Indeed, as

a result of the proposed Transaction, TruVista will gain access to the financial resources and

management expertise of York and its affiliates. Consequently, the Commission should find that

the change in the ownership of TruVista and its Subsidiaries will serve the public interest.

       Pursuant to Section 63.04(b) of the Commission’s rules, 47 C.F.R. § 63.04(b), the

Applicants are filing a combined application for the proposed transfer of control of Licensees,

including domestic and international authorizations. The Applicants provide below the

information required by Sections 63.24(e)(2) and 63.04(a)(6) through (a)(12) of the

Commission’s Rules, 47 C.F.R. §§ 63.24(e)(2), 63.04(a)(6)-(12). In support of this Application,

Applicants provide the following information:

I.     DESCRIPTION OF THE APPLICANTS

       A.       York Telecoms Holdings US L.P.

       Transferee is a newly formed Delaware limited partnership created as a holding entity for

acquiring TruVista and aggregating the ownership interest of iCON Infrastructure Partners IV,

L.P. (the “iCON IV Fund”) and its affiliates. Transferee is a wholly owned subsidiary of York

Telecoms Holdings US LLC and iCON Infrastructure Partners IV (US AIV), L.P., an investment

vehicle and indirect subsidiary of iCON Infrastructure LLP (“iCON Parent”). The iCON IV Fund

is an infrastructure investment fund established in 2017, focused on acquiring and managing a


                                                 2


diversified range of infrastructure assets in Europe and North America. All investment decision-

making of the iCON IV Fund is controlled by its managing general partner iCON Infrastructure

Management IV Limited (“iCON IV GP”), itself a wholly-owned subsidiary of iCON Parent.

iCON IV GP is advised by iCON Parent and incorporated and registered in Guernsey, and is

authorized and regulated by the Guernsey Financial Services Commission .1

        iCON Parent, established in 2011 and headquartered in London, United Kingdom, is an

independent investment group with over €2.5 billion in assets under management. iCON Parent

is wholly owned by a number of its executives. iCON Parent is authorized and regulated by the

UK Financial Conduct Authority.2

        Through its family of investment funds, iCON focuses on investments in infrastructure

businesses in Europe and North America. iCON’s funds manage a diversified portfolio of

investments in the energy, regulated utilities and transportation sectors across Europe and North

America. iCON’s funds currently control a single portfolio company in the United States, and

none of its portfolio companies are communications providers.

        B.      The Chester Telephone Company d/b/a TruVista Communications and Sub-
                sidiaries

        TruVista, a South Carolina corporation, is a communications provider headquartered in

Chester, South Carolina, that has operated in the local community since 1897. Lockhart,


    1
        The Guernsey Financial Services Commission (GFSC) is the regulatory body for the finance sector
in the Bailiwick of Guernsey. The GFSC is an independent public body funded entirely by the firms it
regulates by charging them fees and responsible for regulating in accordance with standards set by interna-
tional bodies (e.g. the Financial Action Task Force, the International Organisation of Securities Commis-
sions and the International Association of Insurance Supervisors).
    2
         The UK Financial Conduct Authority (FCA) is the conduct regulator for financial services firms
and financial markets in the UK. Its key objectives are protecting consumers, protecting financial markets
and promoting competition. Like the GFSC, the FCA is an independent public body funded entirely by the
firms it regulates by charging them fees and is responsible for regulating in accordance with standards set
by international bodies.



                                                    3


Ridgeway, Fairfield, Camden, Chester Comm, TruVista-GA, and Chester Long Distance are

wholly-owned subsidiaries of TruVista. The Licensees provide a combination of data, video,

voice and other ancillary communications services in rural markets in South Carolina and

Georgia. TruVista’s network currently has approximately 1400 route miles of fiber-optic cable;

2,000 miles of 750 MHz coaxial cable and 2,600 miles of its legacy copper access network. The

Licensees are either the incumbent cable network provider, dual-incumbent cable and telephone

network provider, or the incumbent cable network provider and a competitive local exchange

carrier. The current ownership of TruVista and its Subsidiaries is set forth in Exhibit A.

II.    DESCRIPTION OF THE TRANSACTION

       Pursuant to the Agreement and Plan of Merger, dated as of April 17, 2019, by and among

Transferee, York Telecoms Operations LLC (“Merger Sub”), a South Carolina limited liability

company and a wholly owned subsidiary of Transferee, and TruVista, Transferee will acquire all

of the outstanding equity interests in TruVista (the “Transaction”). Specifically, Merger Sub will

merge with and into TruVista, whereupon the separate existence of Merger Sub will cease and

TruVista will be the surviving corporation. As a result, TruVista will become a direct, wholly

owned subsidiary of Transferee. Lockhart, Ridgeway, Fairfield, Camden, Chester Comm,

TruVista-GA, and Chester Long Distance will remain subsidiaries of TruVista and, therefore,

Licensees will become indirect subsidiaries of Transferee. Diagrams depicting the pre- and post-

Transaction corporate ownership structures are appended hereto as Exhibit B.

III.   PUBLIC INTEREST CONSIDERATIONS

       Approval of this Application and the proposed Transaction is consistent with the public

interest. TruVista and its Subsidiaries, have a long history of providing wireline

telecommunications services, broadband Internet, and video service to customers in rural areas of

South Carolina and Georgia. The Applicants anticipate that the Transaction will continue to


                                                 4


advance TruVista’s network migration to a state-of-the-art fiber-based infrastructure provider,

which will permit TruVista to bring even more innovative service offerings to even more

customers.

       In addition, the Transaction will be seamless to customers and will not affect any of the

operations or legal identities of TruVista or its Subsidiaries. After the transfer of control,

TruVista and its Subsidiaries will continue to provide high-quality communications services

under the TruVista brand name on reasonable terms and conditions to customers, and there will

be no interruption of service.

       Specifically, the Transaction will have no adverse impact on the customers or operations

of TruVista and its Subsidiaries, as upon closing of the Transaction, the Licensees will continue

to provide service at the same rates, terms, and conditions, as governed by existing tariffs and

contracts, which are subject to change in the ordinary course of business. Future changes, if any,

in rates, terms and conditions of service will be made in accordance with applicable rules and

notice requirements.3 The Licensees will continue to serve customers under their existing

authorizations. The Transaction will be transparent to customers. The Licensees entities and

service provider trade names will remain intact immediately upon closing, and the only change

immediately following the closing from a customer’s perspective will be the new ownership of

the Licensees. York and iCON further expect that existing management will continue to oversee

TruVista and its Subsidiaries on a day-to-day basis. Additionally, Transferee expects that the


3
        The Transaction does not raise any slamming concerns or necessitate compliance with pro-
cedures to notify customers prior to a carrier-to-carrier sale or transfer of subscribers as it does not
involve a change in any customer’s existing service provider. The customers of each of the Licen-
sees will remain with their service provider and will continue to receive services pursuant to each
Licensee’s existing authorizations. Accordingly, there are no changes in customers’ preferred car-
rier, and no further filings or authorizations are required under the FCC’s carrier selection rules,
47 C.F.R. §64.1120 et seq., or under analogous state rules.


                                                   5


Transaction will enable TruVista and its Subsidiaries to access additional capital that will make

them stronger competitors.

IV.    INFORMATION REQUIRED BY SECTION 63.24(e)

       Pursuant to Section 63.24(e)(2) of the Commission’s Rules, the Applicants submit the

following information requested in Section 63.18 (a)-(d) and (h)-(p) in support of this

Application:

       (a)     Name, address and telephone number of each Applicant:

       Transferee:

               York Telecoms Holdings US L.P.               FRN: 0028442861
               155 Wellington Street West, Suite 2930
               Toronto, Ontario
               M5V 3H1
               Tel: 1.416.649.1331

       Transferor (TruVista):

               The Chester Telephone Company                FRN: 0003707775
               d/b/a TruVista Communications
               112 York Street
               Chester, SC 29706
               Tel: (800) 868-0542

       Licensees:

               Lockhart Telephone Company                   FRN: 0003707874
               Ridgeway Telephone Company                   FRN: 0003707791
               Fairfield Communications, Inc.               FRN: 0001887116
               Camden Corporate Investments, LLC            FRN: 0015360563
               TruVista Communications of Georgia, LLC      FRN: 0021445440
               Chester Long Distance Services, Inc.         FRN: 0003707833
               Chester Communications, LLC                  FRN: 0014938948
               112 York Street
               Chester, SC 29706
               Tel: (800) 868-0542

       (b)     Jurisdiction of Organizations:

       Transferee:    Transferee is a Delaware limited partnership.

       Transferor:    TruVista is a South Carolina corporation.

                                                6


           Licensees:    TruVista is a South Carolina corporation.

                         Lockhart is a South Carolina corporation.

                         Ridgeway is a South Carolina corporation.

                         Fairfield is a South Carolina corporation.

                         Camden is a South Carolina limited liability company.

                         Chester Comm is a South Carolina limited liability company.

                         TruVista-GA is a Georgia limited liability company.

                         Chester Long Distance is a South Carolina corporation.

           (c)    (Answer to Question 10) Correspondence concerning this Application should be

sent to:

 For Transferee:                                       For Transferor and Licensees:

            Ronald W. Del Sesto, Jr.                         Donald L. Herman
            Joshua M. Bobeck                                 Robin Tuttle
            Stephany Fan                                     Carrie L. DeVier
            Morgan, Lewis & Bockius LLP                      Herman & Whiteaker, LLC
            1111 Pennsylvania Ave, N.W.                      6720B Rockledge Drive, Suite 150
            Washington, DC 20004-2541                        Bethesda MD 20817
            202-739-3000 (tel)                               202-600-7272 (tel)
            202-739-3001 (fax)                               202-706-6056 (fax)
            ronald.delsesto@morganlewis.com                  dee@hermanwhiteaker.com
            joshua.bobeck@morganlewis.com                    rtuttle@hermanwhiteaker.com
            stephany.fan@morganlewis.com                     cdevier@hermanwhiteaker.com

           (d)    Section 214 Authorizations

           Transferee:                  Transferee currently does not hold any Section 214 authori-
                                        zations.

           Transferor/Licensees:        TruVista and its subsidiaries, Lockhart, Ridgeway, Fairfield,
                                        Camden, and TruVista-GA, are authorized to provide do-
                                        mestic interstate service by virtue of blanket domestic Sec-
                                        tion 214 authority. See 47 C.F.R. § 63.01.

                                        Transferor’s subsidiary, Chester Long Distance, holds inter-
                                        national Section 214 authority to provide resold public
                                        switched services granted in IB File No. ITC-214-
                                        19930528-00087.


                                                   7


       (h)     (Answer to Questions 11 & 12) Following completion of the Transaction, Lock-

hart, Ridgeway, Fairfield, Camden, Chester Comm, TruVista-GA, and Chester Long Distance will

remain wholly owned subsidiaries of TruVista. The following entities will hold, directly or indi-

rectly, a ten percent (10%) or greater interest4 in TruVista and its Subsidiaries upon completion of

the Transaction as calculated pursuant to the Commission’s ownership attribution rules for wire-

line and international telecommunications carriers:

Post-Transaction Ownership:

      Upon completion of the Transaction, the following entity will wholly own the Subsidiaries:

               Name:                   The Chester Telephone Company (“Transferor” or “Tru-
                                       Vista”)
               Address:                112 York Street
                                       Chester, SC 29706
               Citizenship:            U.S. (South Carolina)
               Principal Business:     Communications
               Interest Held:          100% (directly in Licensees)

      Upon completion of the Transaction, the following entity will directly, wholly own Trans-
      feror:

               Name:                   York Telecoms Holdings US L.P. (“Transferee”)
               Address:                155 Wellington Street West, Suite 2930,
                                       Toronto, Ontario
                                       M5V 3H1
               Citizenship:            U.S. (Delaware)
               Principal Business:     Holding Company
               Interest Held:          100% (directly in Transferor)

      Upon completion of the Transaction, the following entities will directly, own Transferee:

               Name:                   York Telecoms Holding US LLC
               Address:                155 Wellington Street West, Suite 2930
                                       Toronto, Ontario
                                       M5V 3H1
4
        The ownership interests identified in this Joint Application represent both equity and voting
interests unless otherwise indicated or if the entity is a limited partner. Limited partners only have
equity interests and do not have voting interests in the limited partnership unless otherwise indi-
cated.



                                                  8


       Citizenship:          U.S. (Delaware)
       Principal Business:   Holding Company
       Interest Held:        100% (as the general partner of Transferee)

       Name:                 iCON Infrastructure Partners IV (US AIV), L.P. (“iCON
       AIV”)
       Address:              Martello Court
                             Admiral Park
                             St Peter Port
                             Guernsey
                             GY1 3HB
       Citizenship:          England & Wales
       Principal Business:   Investment Activities
       Interest Held:        100% (directly as approximately 97% limited partner in
                             Transferee; and indirectly, as sole member of York Tele-
                             coms Holdings US LLC)

Upon completion of the Transaction, the following entities will directly or indirectly,
wholly own or control iCON AIV:

       Name:                 iCON Infrastructure Partners IV (US AIV-A), L.P. (“iCON
                             AIV-A”)
       Address:              Martello Court
                             Admiral Park
                             St Peter Port
                             Guernsey
                             GY1 3HB
       Citizenship:          Guernsey
       Principal Business:   Investment Activities
       Interest Held:        100% (as approximately 77% limited partner in iCON AIV)

       Name:                 iCON Infrastructure Management IV Limited (“iCON IV
                             GP”)
       Address:              Martello Court
                             Admiral Park
                             St Peter Port
                             Guernsey
                             GY1 3HB
       Citizenship:          Guernsey
       Principal Business:   Investment Activities
       Interest Held:        100% (directly, as general partner in iCON AIV and iCON
                             AIV-A, and indirectly, as <1% equity holder in iCON AIV-
                             A)

       The remaining approximately 23% of the ownership in iCON AIV is held by the
       passive limited partner investors in the iCON IV Fund. No such passive limited
       partner investor nor any other person or entity holds a 10% or greater interest in
       iCON AIV.

                                       9


       iCON AIV and ICON AIV-A are limited partnerships which will have certain other

limited partners that have committed capital to the iCON IV Fund and that are insulated in

accordance with Commission rules. These passive LP investors in the iCON IV Fund will not

exercise any control over TruVista and none of the investors have committed capital that will

result in having a 10% indirect ownership interest in TruVista. While all of the 10% or greater

investors are reflected in this filing, the precise allocation of investors’ equity commitments

between iCON AIV and ICON AIV-A have not been finalized. If the distribution of investors’

capital between iCON AIV and iCON AIV-A causes an entity or individual not already disclosed

in this Application to obtain a 10% or greater interest in Transferee, Applicants will promptly

supplement this Application.

       Upon completion of the Transaction, the following entity will directly wholly own iCON
       IV GP and indirectly, own or control a ten percent (10%) or greater interest in Licensees:

               Name:                  iCON Infrastructure LLP (“iCON Parent”)
               Address:               1st Floor, Pollen House
                                      10-12 Cork Street
                                      London
                                      W1S 3NP
               Citizenship:           United Kingdom
               Principal Business:    Investment Activities
               Interest Held:         100% (as 100% owner of iCON IV GP)

       Upon completion of the Transaction, the following individuals will directly own or control
       a ten percent (10%) or greater interest in iCON Parent and indirectly in Licensees:

               Name:                  Daniel Micheal Agostino
               Address:               1st Floor, Pollen House
                                      10-12 Cork Street
                                      London
                                      W1S 3NP
               Citizenship:           United Kingdom
               Principal Business:    Individual
               Interest Held:         11.12%/7.41% equity/voting (as 11.12%/7.41% equity/vot-
                                      ing owner of iCON Parent)




                                                 10


                  Name:                  Paul Richard Malan
                  Address:               1st Floor, Pollen House
                                         10-12 Cork Street
                                         London
                                         W1S 3NP
                  Citizenship:           United Kingdom and Australia
                  Principal Business:    Individual
                  Interest Held:         39.95%/59.96% equity/voting (as 39.95%/59.96% eq-
                                         uity/voting owner of iCON Parent)

                  Name:                  Iain Ross Macleod
                  Address:               1st Floor, Pollen House
                                         10-12 Cork Street
                                         London
                                         W1S 3NP
                  Citizenship:           United Kingdom
                  Principal Business:    Individual
                  Interest Held:         20.01%/13.34% equity/voting (as 20.01%/13.34% eq-
                                         uity/voting owner of iCON Parent)

           No other partners in iCON Parent hold 10% or more equity or voting interest in iCON

Parent. To the Transferee’s knowledge, no other person or entity, directly or indirectly, will own

or control a ten percent (10%) or greater interest in Transferee.

           Transferee does not have and will not have any interlocking directorates with a foreign

carrier.

           (i)    (Answer to Question 14) Transferee certifies that it is not a foreign carrier or affil-

iated (as defined in 47 C.F.R. § 63.09) with any foreign carriers. Currently, neither Transferor nor

its Subsidiaries are foreign carriers or affiliated with any foreign carrier(s).

           (j)    (Answer to Question 15) Applicants certify that they do not seek to provide inter-

national telecommunications services to any destination country where (1) an Applicant is a for-

eign carrier in that country, (2) an Applicant controls a foreign carrier in that country, (3) any entity

that owns more than 25 percent of an Applicant, or that controls an Applicant, controls a foreign

carrier in that country; or (4) two or more foreign carriers (or parties that control foreign carriers)

own in the aggregate more than 25 percent of an Applicant and are parties to, or the beneficiaries


                                                    11


of, a contractual relation affecting the provision or marketing or international basic telecommuni-

cations services in the United States.

       (k)      Not applicable.

       (m)      Not applicable.

       (n)      Applicants certify that they have not agreed to accept special concessions, directly

or indirectly, from any foreign carrier with respect to any U.S. international route where the foreign

carrier possesses market power on the foreign end of the route and will not enter into such agree-

ments in the future.

       (o)      Applicants certify that they are not subject to denial of federal benefits pursuant to

Section 5301 of the Anti-Drug Abuse Act of 1998. See 21 U.S.C. § 853a; see also 47 C.F.R.

§§ 1.2001-1.2003.

       (p)      No party is requesting streamlined processing pursuant to Section 63.12(a)-(b) of the

Commission’s Rules, 47 C.F.R. § 63.12(a)-(b).

V.     INFORMATION REQUIRED BY SECTION 63.04

       Pursuant to Commission Rule 63.04(b), 47 C.F.R. § 63.04(b), Applicants submit the fol-

lowing information in support of their request for domestic Section 214 authority to transfer indi-

rect control of TruVista and its Subsidiaries to Transferee in order to address the requirements set

forth in Section 63.04(a)(6)-(12) of the Commission’s Rules:

       (a)(6)          A description of the proposed Transaction is set forth in Section II above.

       (a)(7)(i)       Collectively, Licensees provide intrastate and/or interstate telecommunica-

tions services in Georgia and South Carolina. Specifically, Chester Long Distance is authorized to

operate as a reseller of interexchange and intraLATA services in South Carolina and Georgia;

TruVista, Lockhart, Ridgeway, Camden, and Fairfield are authorized to provide local exchange

and exchange access services in South Carolina; TruVista-GA is authorized to provide competitive


                                                 12


local exchange and to operate cable systems in certain communities in Georgia where it offers

video services.

           TruVista and its Camden, Fairfield, and Chester Comm subsidiaries also operate cable sys-

tems in certain communities in South Carolina.

           TruVista also holds a private mobile radio service license, IG - Industrial/Business Pool,

Conventional under Call Sign WYP209. Chester Comm registered a domestic receive-only C-band

Satellite Earth Station for providing video services on September 4, 2018, File Number SES-REG-

INTR2018-05354.

                  (ii)    Transferee does not own or control a 10% or greater, direct or indirect in-

terest in any domestic telecommunications carrier. To Transferee’s knowledge, Transferee is not

affiliated with any domestic telecommunications carriers through the persons or entities that own

or control a 10% or greater, direct or indirect interest in Transferee.

           (a)(8) No party is requesting streamlined processing pursuant to Section 63.12(a)-(b) of the

Commission’s Rules, 47 C.F.R. § 63.12(a)-(b).

           (a)(9) Through this Application, Applicants seek authority with respect to both

international and domestic Section 214 authorizations (this Application is being separately and

concurrently filed with respect to both types of authorities in compliance with Section 63.04(b) of

the Commission’s rules). In addition, the appropriate submissions will be made with respect to the

wireless licenses held by TruVista or Subsidiaries.

           (a)(10) No party is requesting special consideration because it is facing imminent business

failure.

           (a)(11) Not applicable.

           (a)(12) A statement showing how grant of the application will serve the public interest,

convenience and necessity is provided in Section III, above.

                                                   13


VI.    CONCLUSION

       For the reasons stated above, Applicants respectfully submit that the public interest,

convenience and necessity would be furthered by a grant of this Application to transfer ownership

and control of TruVista and Subsidiaries to Transferee.

                                            Respectfully submitted,


/s/ Donald L. Herman                        /s/ Joshua M. Bobeck
  Donald L. Herman                            Ronald W. Del Sesto, Jr.
  Robin Tuttle                                Joshua M. Bobeck
  Carrie L. DeVier                            Stephany Fan
  HERMAN & WHITEAKER, LLC                     MORGAN, LEWIS & BOCKIUS LLP
  6720B Rockledge Drive, Suite 150            1111 Pennsylvania Avenue, N.W.
  Bethesda MD 20817                           Washington, DC 20004
  202-600-7272 (tel)                          202-739-3000 (tel)
  202-706-6056 (fax)                          202-739-3001 (fax)
  dee@hermanwhiteaker.com                     ronald.delsesto@morganlewis.com
  rtuttle@hermanwhiteaker.com                 joshua.bobeck@morganlewis.com
  cdevier@hermanwhiteaker.com                 stephany.fan@morganlewis.com

 Counsel for Transferor and Subsidiaries      Counsel for Transferee



Dated: May 10, 2019




                                               14


                                   EXHIBIT A

The following entities hold 10% or greater interest in TruVista:

   Joseph M. McElwee, Jr., Trustee of the Joseph M. McElwee Grandchildren’s Trust,
    Trustee of the Elizabeth A. McElwee Grandchildren’s Trust, and Trustee of the Sam-
    uel L. Bell Trust B DTD 05/31/1973, acting in his individual capacity combined with
    his fiduciary role as Trustee controls approximately 23 % of the outstanding shares of
    TruVista.


            EXHIBIT B

Corporate Ownership Structure Charts


                                      The Chester Telephone Company Pre-Transaction Structure Chart

  All rights are 100% unless noted otherwise
  Licensed Communications Business Entities Only




                                                                 The Chester Telephone Company
                                                                              (SC)




    TruVista                    The Lockhart          Fairfield          Chester Long         Ridgeway           Chester       Camden Corporate
Communications of                Telephone         Communications,     Distance Services,     Telephone      Communications,   Investments, LLC
  Georgia, LLC                  Company, Inc.           Inc.                  Inc.           Company, Inc.      LLC (SC)             (SC)
      (GA)                          (SC)               (SC)                   (SC)               (SC)


             ICON-TRUVISTA POST-TRANSACTION STRUCTURE

                                 10% and Above Partners of
                                  iCON Infrastructure LLP
     Economic
     Ownership

      GP

       LP                         iCON Infrastructure LLP
                                    (England & Wales)
All rights
are 100%
 unless
  noted                                         •
otherwise
                                   iCON Infrastructure
                                                                             Non US LP
                                  Management IV Limited
                                                                             Investors in
                                      (Guernsey)                           Icon IV Fund+

                         [<1%]
                           GP                       [<1%]
                                                V     GP
                                                                          [99%]
                             iCON Infrastructure Partners IV               LPs

                                    (US AIV-A) L.P.
    US Taxable                    (England & Wales)
       and tax-
      exempt LP
     Investors in                                      [77%]
   Icon IV Fund+                                V

                             iCON Infrastructure Partners IV
                                     (US AIV), L.P.
                 [23%]            (England & Wales)
                  LPs                                                          •


                                        [97%]                  York Telecoms Holdings US LLC
                                                                          (USA-DE)




                            York Telecoms Holdings US L.P.
                                      (USA-DE)
                                                                    [<1%] GP

                                                4
                                   The Chester Telephone
                                         Company
                                         (USA-SC)



                                    TruVista Subsidiaries
                                         (USA-SC)


                                       VERIFICATION


        I, Rory Hunter, state that I am an Authorized Representative of York Telecoms Holdings

US L.P. ("York Parent"); that I am authorized to make this Verification on behalf of York

Parent; that the foregoing filing was prepared under my direction and supervision; and that the

contents with respect to York Parent are true and correct to the best of my knowledge,

information, and belief.

        I declare under penalty of perjury that the foregoing is true and correct. Executed this
9th
      day of May, 2019.




                                            Rory Hunter
                                            Manager
                                            York Telecoms Holdings US L.P.
                                            By: York Telecoms Holdings US LLC,
                                                its general partner


                                        VERIFICATION


        I, David H. Brunt, state that I am an authorized officer of The Chester Telephone Com-

pany d/b/a TruVista Communications; that I am authorized to make this Verification on behalf of

The Chester Telephone Company d/b/a TruVista Communications and its subsidiaries, including

Lockhart Telephone Company, Inc., Ridgeway Telephone Company, Inc., Fairfield Communica-

tions, Inc., Camden Corporate Investments, LLC, Chester Communications, LLC, and TruVista

Communications of Georgia, LLC (collectively, the "Company"); and that the contents of the

foregoing filing with respect to the Company are true and correct to the best of my knowledge,

information, and belief after reasonable inquiry.

       I declare under penalty of perjury that the foregoing is true and correct. Executed this

10th day of May, 2019.




                                             David H. Brunt



Document Created: 2019-05-10 15:31:59
Document Modified: 2019-05-10 15:31:59

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