Attachment Exhibit B

This document pretains to SAT-MOD-20181214-00090 for Modification on a Satellite Space Stations filing.

IBFS_SATMOD2018121400090_1590715

Exhibit B Responses to Question Nos. 34 and 40 (Ownership Information) The Communications Act does not restrict foreign ownership of satellite authorization holders that operate on a non-common carrier basis. See 47 U.S.C. § 310(b). Ligado Networks Subsidiary LLC operates MSAT-2 on a non-common carrier basis. Nevertheless, due to the requirements of Form 312, Ligado Networks Subsidiary LLC has provided responses to Questions 29 through 33 and Question 40 on the associated Form 312, and further detail regarding the ownership of Ligado is set forth below. Ligado Networks Subsidiary LLC, a Delaware limited liability company, is a wholly owned subsidiary of Ligado Networks LLC. Ligado Networks LLC manages the overall operations of the Ligado corporate structure, including Ligado Networks Subsidiary LLC. Ligado Networks Subsidiary LLC and Ligado Networks LLC can be contacted care of Ligado Networks Subsidiary LLC at the address listed on the associated Form 312. Ligado Networks LLC is owned and/or controlled, directly and indirectly, by a number of individuals and entities (collectively, the “Investors”) that have been approved by the Commission. Extensive information about the ownership interests of each of the Investors, including foreign ownership, is on file with the Commission in IB Docket No. 15-126. As part of the Commission’s approval of the ownership of Ligado Networks LLC, the Commission issued a declaratory ruling under Section 310(b)(4) of the Communications Act, as amended, 47 U.S.C. § 310(b)(4), permitting the aggregate foreign ownership of Ligado Networks LLC to exceed the 25 percent limit on foreign ownership that otherwise would be applicable in connection with the Investors’ interests in Ligado. See FCC 15-164, at ¶¶ 29-30 (rel. Dec. 4, 2015). Ligado incorporates this information by reference. Since the Commission’s approval, two changes to this information relevant to Questions 29 through 33 and Question 40 have occurred: (1) Harbinger Capital Funds, through HGW US Holding Company, L.P., had been described as holding an equity interest of approximately 44.45% of Ligado Networks LLC, and now holds approximately 42.51%. (2) The business combination between Fortress Investment Group LLC (“Fortress”) and SB Foundation Holdings LP (an affiliate of SoftBank Group Corp.), resulted in December 27, 2017 Amendments to the Ligado Networks LLC Operating Agreement and its Board of Managers to ensure that Ligado Networks LLC and its subsidiaries were insulated from foreign control by SoftBank and its affiliated entities. Fortress and its subsidiary LSQ Acquisition Co. LLC—through which Fortress holds the Ligado interests—now exercise the Fortress voting rights through a voting proxy agreement under which Alfred Hurley, Jr. is the designated voting proxy, with the right to appoint two Managers to the Ligado Networks LLC Board of Managers. Mr. Hurley appointed himself and Mr. Timothy Donahue. The Fortress entities and the Major Investors in Ligado also amended the Ligado Operating Agreement to modify the rights of the Fortress entities to mitigate any potential effect on the Company and its business caused

by the business combination of Fortress with SoftBank and to incorporate certain rights and obligations of the voting proxy. These changes had no other effect on ownership and control of Ligado Networks LLC, which remains the same as described in the filing and approval above. The names and addresses of the managers (who serve the function of directors) and officers of Ligado Networks Subsidiary LLC are as follows: Officers Doug Smith – President & CEO Eric Harrington – CFO Valerie Green – CLO, General Counsel & Secretary Beth Creary – VP & Assistant Secretary Brendan Boughton – VP & Treasurer Each of these officers except Ms. Creary can be contacted care of Ligado Networks Subsidiary LLC at 10802 Parkridge Blvd, Reston, VA 20191. Ms. Creary can be contacted at 1601 Telesat Court, Ottawa, ON K1B 1B9. Managers Ivan Seidenberg – Chairman Doug Smith Tim Donahue John S. Fischer Jared Hendricks Reed E. Hundt Alfred Hurley, Jr. Each of these managers can be contacted care of Ligado Networks Subsidiary LLC at 10802 Parkridge Blvd, Reston, VA 20191. 2


Document Created: 2018-12-14 10:04:59
Document Modified: 2018-12-14 10:04:59
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