Attachment Notification

This document pretains to ITC-T/C-INTR2019-03486 for Transfer of Control on a International Telecommunications filing.

IBFS_ITCTCINTR201903486_1941158

October 4, 2019 BY ELECTRONIC FILING Ms. Marlene H. Dortch Secretary Federal Communications Commission 445 12th Street, S.W. Washington, D.C. 20554 Re: Pro Forma Transfer of Control of Domestic and International Section 214 Authorization, File No. ITC-214-20031104-00505, in Connection with Chapter 11 Filings Under the U.S. Bankruptcy Code Dear Ms. Dortch: Pursuant to 47 U.S.C. § 214 and 47 C.F.R. §§ 63.03(d)(2) and 63.24(g), the undersigned hereby notify the Commission of the pro forma transfer of control of Reliance Globalcom Services, Inc., a Delaware corporation (“RGSI”) (FRN 0008072803), from GCX Limited, a Bermuda company (“GCX Limited”), to GCX Limited, Debtor-in-Possession (“GCX Limited DIP”) (FRN 0028867752) (“Transfer of Control”) in connection with the pending bankruptcy of GCX Limited DIP and its affiliates and of other pro forma transactions discovered in preparation for that bankruptcy. RGSI is a provider of domestic and international managed network and private line services, with authorization to provide global or limited global facilities-based and resale service. GCX Limited DIP, RGSI’s indirect parent, and certain affiliates, filed for bankruptcy protection under chapter 11 and, concurrently therewith, filed that certain Joint Prepackaged Chapter 11 Plan of GCX Limited as Debtor and Its Debtor Affiliates in the United States Bankruptcy Court for the District of Delaware on September 15, 2019 (the “Plan”). GCX Limited DIP indirectly owns 100 percent of RGSI through its direct, 100-percent interest in FLAG Telecom Group Services Limited (“FLAG DIP”), which is also a party to the chapter 11 proceeding. FLAG DIP owns 100-percent of RGSI’s direct parent, YIPES Holdings, Inc. During the pendency of the Chapter 11 proceeding, Mr. Michael Katzenstein, GCX Limited DIP’s Chief Restructuring Officer will oversee the management and operations of GCX Limited

Ms. Marlene H. Dortch Federal Communications Commission October 4, 2019 Page 2 and its operating subsidiaries, including RGSI. Mr. Katzenstein has extensive experience in restructuring in the telecommunications sector. Under the Plan, on emergence from bankruptcy, certain GCX Limited DIP creditors and/or other equity purchasers will own the successor entity to GCX Limited DIP, the successor indirect parent of RGSI—rather than Reliance Communications Limited (“RCOM”) (the current ultimate parent of RGSI and GCX Limited DIP) and its largest shareholder, Mr. Anil Ambani. GCX Limited DIP’s (and FLAG DIP’s) emergence from bankruptcy will be conditioned upon receipt of prior regulatory approvals and clearances, including consent for a substantive transfer of control of RGSI. RGSI and those parties proposed to receive equity and voting interests in the reorganized GCX Limited DIP will file an application seeking Commission consent for that transaction in the very near future. RCOM itself (which holds a 100-percent indirect interest in RGSI) is engaged in parallel insolvency proceedings in India pursuant to India’s Insolvency and Bankruptcy Code, 2016 before the Honorable National Company Law Tribunal, Mumbai Bench, Mumbai (“Tribunal”). On April 30, 2019, the National Company Law Appellate Tribunal (“Appellate Tribunal”) lifted a stay imposed by the Tribunal, which resulted in the suspension of the powers of the RCOM board of directors and the appointment of an Interim Resolution Professional (“IRP”), Mr. Pardeep Kumar Sethi.1 On June 21, 2019, the Tribunal replaced the IRP with the current Resolution Professional, Mr. Anish Nanatavy. Mr. Nanatavy now manages RCOM’s affairs, business, and assets during the pendency of the Indian insolvency proceeding. During the course of the Indian insolvency proceeding to date, Mr. Ambani’s equity interest in RCOM was reduced as creditors invoked pledged shares held by Mr. Ambani, resulting in the following changes: 1. The voting-and-economic interest of ADA Enterprises and Ventures Private Limited (now Reliance Ornatus Enterprises and Ventures Private Limited) in RCOM was reduced from 12.49 percent to 3.33 percent; 2. The voting-and-economic interest of AAA Industries Private Limited (now Reliance Wind Turbine Installators Industries Private Limited) in RCOM was reduced from 12.49 percent to 0.31 percent; 1 On May 15, 2018, a third party initiated an involuntary insolvency proceeding against RCOM, which was stayed by the Tribunal until the Appellate Tribunal’s April 30, 2019 order.

Ms. Marlene H. Dortch Federal Communications Commission October 4, 2019 Page 3 3. The voting-and-economic interest of AAA Communications Private Limited (now Reliance Communications Enterprises Limited) in RCOM was reduced from 30.10 percent to 13.22 percent; 4. The direct voting-and-economic interest of Reliance Innoventures Private Limited was reduced from 0.52 percent to 0.45 percent; and 5. Mr. Ambani’s direct voting-and-economic interest in RCOM was reduced from 0.08 percent to 0.07 percent. In addition, Reliance Telecom Infrainvest Pvt Ltd (100-percent owned by Reliance Innoventures Private Limited) acquired a 3.13-percent voting-and-economic interest in RCOM. As a result of the actions described above, aggregate public shareholdings in RCOM increased from 44.13 percent to 79.20 percent, thereby diluting the aggregate voting-and- economic interest held by Mr. Anil Ambani from 55.68 percent to 20.51 percent. Mr. Ambani, however, remains RCOM’s largest shareholder and, until the powers of the RCOM board of directors were suspended by the Tribunal in the Indian insolvency proceeding, retained de facto control, exercised through his role as the promoter of RCOM (as such term is defined under the Securities and Exchange Board of India regulations 2011) and as chairman of the RCOM board of directors, pursuant to Article 93 of RCOM’s Articles of Association. Please see Attachment 1 for the additional information required pursuant to 47 C.F.R. §§ 63.18, and Attachment 1, Exhibits A and B for diagrams illustrating the changes in shareholdings and the pro forma transaction described above.2 Exhibit A illustrates RGSI’s ownership structure as last reported to the Commission on August 16, 2014. Exhibit B illustrates RGSI’s ownership immediately after the chapter 11 filing. As Exhibits A and B show, the changes in shareholdings and the pro forma transactions described herein had no effect on RCOM’s 100- percent indirect interest in RGSI. 2 As indicated on Exhibits A and B, several of RGSI’s affiliates also hold Commission authorizations. Each of these authorization holders—Reliance Globalcom Limited, Vanco Solutions, Inc., Vanco US, LLC, and Reliance Communications, Inc.—are filing separate pro forma notifications.

Ms. Marlene H. Dortch Federal Communications Commission October 4, 2019 Page 4 As required by 47 C.F.R. §§ 63.03(d) and 63.24(g) (as defined in 47 C.F.R. § 63.24(f)(2)(ii)), RGSI certifies in the attached certification that this transfer of control is pro forma in nature and would not, when considered together with all previous pro forma transactions, result in a change of ultimate control of RGSI. Respectfully submitted, Kent Bressie Colleen Sechrest Counsel to Reliance Globalcom Services, Inc. Attachments cc: Denise Coca David Krech

CERTIFICATION I, Michael Katzenstein, as Chief Restructuring Officer of GCX Limited and its subsidiaries, hereby certify as follows: 1. I have reviewed the attached pro forma transfer-of-control notification and believe that it states fully and accurately the circumstances of the pro forma transfer-of-control of the domestic and international Section 214 authority held by RGSI (“RGSI”), an indirect subsidiary of GCX Limited. 2. The transactions described therein are pro forma in nature under the Commission’s rules and, together with all previous pro forma transactions, would not result in a change in the ultimate control of RGSI. I certify under penalty of perjury that the foregoing is true and correct. Michael Katzenstein Chief Restructuring Officer Reliance Globalcom Services, Inc. c/o FTI Consulting, Inc. Three Times Square, 9th floor New York, New York 10036 +1 212 247 1010 Executed October [ 3 ], 2019

ATTACHMENT 1 Answer to Question 10 Pursuant to Section 63.18(c)-(d), RGSI’s contact information is as follows: Mr. Michael Katzenstein Chief Restructuring Officer Reliance Globalcom Services, Inc. c/o FTI Consulting, Inc. Three Times Square, 9th floor New York, New York 10036 +1 212 247 1010 Correspondence concerning this filing should be sent to Mr. Katzenstein at the address listed above, with a copy to: Kent Bressie Colleen Sechrest Harris, Wiltshire & Grannis LLP 1919 M Street, N.W., Suite 800 Washington, D.C. 20036 +1 202 730 1308 csechrest@hwglaw.com RGSI is authorized to provide global or limited global facilities-based and resale services. Answer to Question 11 Pursuant to 47 C.F.R. § 63.18(h), the name, address, place of organization, principal business, and ownership percentage of each person or entity with a 10-percent or greater voting or equity interest in RGSI are as follows: YIPES Holdings, Inc. Address: 3190 S. Vaughn Way, Suite 550, Aurora, Colorado Place of Organization: Delaware Principal Business: holding company Relationship: 100-percent voting and economic interest in Vanco Solutions

FLAG Telecom Group Services Limited Address: Cumberland House, 9th Floor, 1 Victoria Street, Hamilton HM 11, Bermuda Place of Organization: Bermuda Principal Business: holding company Relationship: 100-percent voting and economic interest in YIPES Holdings, Inc.. GCX Limited Address: Cumberland House, 9th Floor, 1 Victoria Street, Hamilton HM 11, Bermuda Place of Organization: Bermuda Principal Business: holding company Relationship: 100-percent voting and economic interest in FLAG Telecom Group Services Limited Global Cloud Xchange Limited (“Global Cloud Xchange”) Address: Suite 3901-2, 39F, Lippo Centre, Tower Two 89 Queensway, Hong Kong Place of Organization: Bermuda Principal Business: holding strategic investments Relationship: 100-percent voting and economic interest in GCX Limited Reliance Globalcom BV Address: Claudedebussylaan 18, 1082, Netherlands Place of Organization: Netherlands Principal Business: holding company Relationship: 100-percent voting and economic interest in Global Cloud Xchange Reliance Communications Infrastructure Limited Address: H Block, 1st Floor, Dhirubhai Ambani Knowledge City Navi Mumbai – 400 710, Maharashtra, India Place of Organization: India Principal Business: telecommunications Relationship: 10.76-percent voting and economic interest in Reliance Globalcom BV Reliance Communications Limited Address: H Block, 1st Floor, Dhirubhai Ambani Knowledge City Navi Mumbai – 400 710, Maharashtra, India Place of Organization: India Principal Business: telecommunications Relationship: 100-percent voting and economic interest in Reliance Communications Infrastructure Limited, and an 89.24-percent voting and economic interest in Reliance Globalcom BV 2

Reliance Communications Enterprises Private Limited (formerly AAA Communications Private Limited) Address: 502, Plot No. 91/94, Prabhat Colony, Santacruz (East), Mumbai – 400 055, Maharashtra, India Place of Organization: India Principal Business: holding company Relationship: 13.22-percent voting and economic interest in Reliance Communications Limited Reliance Innoventures Private Limited Address: 502, Plot No. 91/94, Prabhat Colony, Santacruz (East), Mumbai – 400 055, Maharashtra, India Place of Organization: India Principal Business: holding company Relationship: 100-percent voting and economic interest in Reliance Communications Enterprises Private Limited Anil Ambani Address: 19, Walchand Hirachand Marg, Mumbai, India 40038 Citizenship: India Principal Business: industrialist Relationship: 20.51-percent direct and indirect interest in Reliance Communications Limited. Mr. Ambani’s indirect interests are held through Reliance Innoventures Private Limited, Reliance Telecom Infrainvest Pvt Ltd (formerly Telecom Infrastrucutre Private Finance Ltd), AAA Businses Machines Private Ltd., Reliance Wind Turbine Installators Industries Private Limited (formerly AAA Industries Private Limited), and Reliance Ornatus Enterprises and Ventures Private Limited (formerly ADA Enterprises and Ventures Private Limited) Please see Exhibits A and B for diagrams illustrating RGSI’s ownership structure before and after the subject pro forma transfer of control. Answer to Question 12 Pursuant to 47 C.F.R. § 63.18(h), RGSI has the following interlocking directorates: Name: Janet Troxell Entities: Reliance FLAG Atlantic France, FLAG Telecom Hellas AE, Vanco Sweden AB, Vanco Japan KK, Vanco Deutschland GmbH, Vanco BV, Vanco SAS, Vanco Srl, Vanco UK Limited, and Vanco GmbH 3

Name: B.K. Sinha Entities: FLAG Atlantic UK Limited Answer to Question 13 Please see main narrative for a description of the pro forma transfer of control that is the subject of this notification. 4

Exhibit A Stated interests are voting and economic Reliance Corporate Structure as July 17, 2014 FCC licensees are identified in blue; their ultimate Corporate parent, RCOM, is identified in red AAA Telecom Holdings Anil Ambani (INDIA) Kokilaben Ambani (INDIA) Private Limited (CYPRUS) 10% 67% 33% AAA 100% Business Machines Reliance Innoventures Private Ltd. (INDIA) Private Limited (INDIA) 90% 10% 100% 90% ADA Enterprises and AAA Industries Private Ventures AAA Communications Limited (INDIA) Private Limited (INDIA) Private Limited (INDIA) 12.49% 12.49% 0.08% 30.10% 0.52% 0.19% 100% Reliance 44.13% Reliance Communications Limited Public Communications (INDIA) Infrastructure Limited (INDIA) 0.004% 89.24% 10.76% 0.031% Lagerwood Investments Limited Reliance 99.665% 100% (CYPRUS) Globalcom Limited (BERMUDA) Global Cloud Xchange Limited Reliance (BERMUDA) Globalcom BV Reliance Vanco Group Limited 100% (UNITED KINGDOM) (NETHERLANDS) FLAG Telecom Group Services Limited 100% 100% (BERMUDA) VNO Direct Limited 100% (UNITED KINGDOM) GCX Limited 100% 100% Reliance Infocom, Inc. 100% (BERMUDA) (DELAWARE) YIPES Holdings, Inc. 100% Vanco Solutions, Inc. (DELAWARE, USA) 100% (DELAWARE, USA) 100% Reliance Communications, Inc. (DELAWARE) Vanco US LLC Reliance Globalcom Services Inc. (DELAWARE) (DELAWARE)

Stated interests are voting and economic Exhibit B FCC licensees are identified in blue; their ultimate Reliance Corporate Structure after September 15, 2019 Corporate parent, RCOM, is identified in red Dashed lines indicate interests preempted by insolvency proceedings AAA Telecom Holdings Anil Ambani (INDIA) Kokilaben Ambani (INDIA) Private Limited (CYPRUS) 10% 67% 33% AAA Reliance Telecom 100% 100% Business Machines Reliance Innoventures Infrainvest Pvt Ltd (formerly Private Ltd.) (INDIA) Private Limited (INDIA) Telecom Infrastructure 90% 10% Private Finance Ltd) (INDIA) Reliance Ornatus Enterprises and 100% 90% Ventures Private Limited (formerly 0.07% Reliance Communications Reliance Wind Turbine Installators ADA Enterprises and Enterprises Private Limited Industries Private Limited (formerly Ventures (formerly AAA Communications AAA Industries Private Private Limited) (INDIA) Private Limited) 0.45% 3.13% 0.18% Limited) (INDIA) (INDIA) 0.31% 3.33% 13.22% 79.20% Reliance Communications Limited 100% Reliance PUBLIC (INDIA) Communications (Anil Nanavaty, Resolution Professional) Infrastructure Limited (INDIA) 0 .004% Reliance 99.665% 10.76% 89.24% Globalcom Limited (DIP) Global Cloud Xchange Limited (BERMUDA) (BERMUDA) 100% Reliance Vanco Group Limited (DIP) (UNITED KINGDOM) 100% FLAG Telecom Group Reliance Services Limited (DIP) Globalcom BV 100% (NETHERLANDS) 100% (BERMUDA) 100% VNO Direct Limited (DIP) (UNITED KINGDOM) 100% GCX Limited (DIP) 100% (BERMUDA) 100% YIPES Holdings, Inc. 100% Vanco Solutions, Inc. (DELAWARE, USA) Reliance Infocom, Inc. (DELAWARE, USA) (DELAWARE) 100% 100% Vanco US LLC (DIP) Reliance Globalcom Services Inc. (DELAWARE) (DELAWARE) Reliance Communications, Inc. (DELAWARE)


Document Created: 2019-10-27 19:14:38
Document Modified: 2019-10-27 19:14:38
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