Attachment Response to Q. 34/40

This document pretains to SAT-MOD-20120928-00160 for Modification on a Satellite Space Stations filing.

IBFS_SATMOD2012092800160_967768

LightSquared Subsidiary LLC FCC Form 312 Ownership Information Response to Questions 34 and 40 The current ownership of LightSquared Subsidiary LLC is as follows: 1. LightSquared Subsidiary LLC, the Applicant, is a Delaware limited liability company that is the licensee. 2. LightSquared Subsidiary LLC is a wholly-owned subsidiary of LightSquared LP, a Delaware limited partnership. The following entities hold ownership interests in LightSquared LP of ten percent or greater: 1. LightSquared Investors Holdings Inc. directly holds approximately 78 percent of the ownership interests in LightSquared LP. 2. TMI Communications Delaware, Limited Partnership holds approximately 22 percent of the ownership interests in LightSquared LP. 3. LightSquared GP Inc. controls LightSquared LP as its General Partner. 3. LightSquared Investors Holdings Inc. is a Delaware corporation, and is a wholly- owned subsidiary of LightSquared Inc. 4. TMI Communications Delaware, Limited Partnership is a Delaware limited partnership. The following entities hold ownership interests in TMI Communications Delaware, Limited Partnership of ten percent or greater: 4. LightSquared Investors Holdings Inc. holds 100 percent of the ownership interests in TMI Communications Delaware, Limited Partnership. 5. SkyTerra Rollup Sub LLC controls TMI Communications Delaware, Limited Partnership as its General Partner. 5. LightSquared GP Inc. is a Delaware corporation that serves as a holding company. The following entities hold ownership interests in LightSquared GP Inc. of ten percent or greater: 6. LightSquared Investors Holdings Inc. holds approximately 78 percent of the ownership interests in LightSquared GP Inc. 7. TMI Communications Delaware, Limited Partnership holds approximately 22 percent of the ownership interests in LightSquared GP Inc. 6. SkyTerra Rollup Sub LLC, a Delaware limited liability company, is a wholly-owned subsidiary of SkyTerra Rollup LLC. 7. SkyTerra Rollup LLC also is a Delaware limited liability company.

8. SkyTerra Rollup LLC and LightSquared Investors Holdings Inc. are wholly-owned subsidiaries of LightSquared Inc., a Delaware corporation that manages the overall operations of the LightSquared corporate structure. Each of the other entities identified above is essentially a holding company for various assets connected to those operations. 9. Each of the entities identified above can be contacted care of LightSquared Subsidiary LLC at the address listed above. 10. LightSquared Inc. is owned and controlled by individuals and entities affiliated with Harbinger Capital Partners (“Harbinger”). Extensive information about the ownership of Harbinger, including its foreign ownership, is on file with the Commission in IB Docket No. 08-184, as updated periodically. See, e.g., Letter from Henry Goldberg, Counsel to Harbinger Capital Partners, to FCC, IB Docket No. 08-184 (May 16, 2012); see also ULS File No. 0004339908. LightSquared incorporates this information by reference. Notably, the Commission has issued a declaratory ruling under Section 310(b)(4) of the Communications Act, as amended, 47 U.S.C. § 310(b)(4), permitting Harbinger-affiliated entities to exceed the 25 percent limit on foreign ownership that otherwise would be applicable in connection with their interests in LightSquared. See SkyTerra Communications, Inc., Memorandum Opinion and Order and Declaratory Ruling, 25 FCC Rcd 3059, at ¶¶ 16-27 (2010). LightSquared Subsidiary LLC has no officers or directors.


Document Created: 2012-09-27 14:40:35
Document Modified: 2012-09-27 14:40:35
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