Attachment ownership

This document pretains to SAT-LOI-19970926-00161 for Letter of Intent on a Satellite Space Stations filing.

IBFS_SATLOI1997092600161_428494

                                                                                      RECEIVED
                                                                                        APR 1 8 2005
                                                             April 18, 2005       FodealCommuniaton Conntsn
                                                                                         Offes o Seriny
VIA HAND DELIVERY                                         i d
                                                      Recewe
Ms. Marlene H. Dortch                                           n 20 5
Secretary                                              npr 3 0 200
Federal Communications Commission                           hey Branch
445 12th Street,SW.                                   lnfi:';a‘!,,,m Bureas
Washington, D.C. 20554

       RE: Application for Approval to Transfer Authorization Reserving 2 GHz Mobile
           Satellite Service Spectrum from TMZ Communications and Company, L.
           to TerreStar Networks Inc., a Wholly—Owned Subsidiary of Mobile Satellite
               Ventures, LP.
               File No:        189—5AT—LOE97
               TBES Nos.       SAT—LO19970926—00161
                               SAT—AMID—20001103—00158
                               SAT—MOD—20021114—00237
                               SAT—ASG—20021211—00238

Dear Ms. Dortch:
        Pursuantto Section 1.65 ofthe Commission‘s rules, TMI Communications and
Company, LP. and TerreStar Networks Inc. (PerreStar) hereby update the above—captioned
applications to reflect non—substantial revisions in the ownership of TerreStar. These revisions
occurred as a result oftransaction which closed on March 18, 2005. The ownership of Mobile
Satellite Ventures LP, as reflected in our letter of March 11 2005, remains unchanged

       Please contract Greg Staple at (202) 639—6744 or Matt DelNero at (202) 662—5543 with
any questions regarding this matter.
                                        Very truly yours,

                                                            %%/                      /\,
Afegry
Gregory C. Staple                                           Matthew 8. DelNero
Vinson & Euis                                               Covinaton & Buruma
1455 Pennsylvania Avenve, N.W.                              1201 Pennsylvania Ave, NJW.
Washington, D.C. 200041008                                  Washington, D.C. 200042401
Counselto TMI Communications and Co., L.P.                  Counsel to TerreStar Nenworks Inc.


       See Letter from Gregory C. Staple, Counsel to TMI Communications and Co., L.P.,and
       Matthew . DelNero, Counsel to TerreStar Networks Inc., to Marlene H. Dortch,
       Secretary, FCC, March 11, 2005


April 1s, 2005
Page 2 of2
                                  TerreStar Networks Inc
                     Current ownership information as of March 18 2005
        Equity ownership ofTerreStar Networks Inc. (an entity incorporated under the laws of
the State of Delaware) is as follows:
Mobile Satelite Ventures LP                                    97.19%
10802 Parkridge Boulevard
Reston, VA 20191
(U.S. limited partmership)
TSTR Investors, LLC                                             279%
201 North Union Street
Suite 360
Alexandria, VA 22314
(U.S. limited liabilty company)
Fabian E. Souza                                                 do2%
18106 Northem Dancer Lane
Boyds, MD 20841
(an individual residing in the United States)



Document Created: 2005-04-21 14:02:18
Document Modified: 2005-04-21 14:02:18

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