Attachment letter

letter

LETTER submitted by SES Americom

letter

2004-06-29

This document pretains to SAT-MSC-20040210-00027 for Miscellaneous on a Satellite Space Stations filing.

IBFS_SATMSC2004021000027_382149

PARTNERS RESIDENT I N WASHINGTON PAUL. W E I S S . R I F K I N D . W H A R T O N 8 GARRISON L L P HENK BRANDS DALE M . SARRO PATRICK 5 . CAMPBELL JOSEPH J. SIMONS I 8 8 5 AVENUE OF W E AMERICAS K E N N E M A. G A L L 0 PHILLIP L. SPECrOR 1615 L STREET. NW NoHnTa(. Nr 1 0 0 1 ~ ROBERT P. PARKER STUART 0 . STEINGOLD WASHINGTON. DC 2oozie-sao4 WARREN 8 . RUDMAN. O F COUNSEL TELEPHONE (2 12) 375-jooO TELEPHONE 1202) 2e37J00 FACSIMILE (2 12) 757-5990 PARTNERS NOT RESIDENT IN WASHINOTON FACSIMILE ( 2 0 2 ) 2237420 02. RUE DU FAUBOURO SAINT- HONOR^ LLOYD K . GARRISON ( 1 O 4 U 1 9 0 1 ~ 75008 PARIS, FRANCE RANDOLPH E. PAUL (ioeiosa) TELEPHONE (33I ) S 3 43 14 14 SIMON H. RIFKIND (1050l995) FACSIMILE I 3 3 I)53 43 00 2 3 LOUIS s. WEISS (irn27-10~~ JOHN F. WHARTON (1027-19771 FUKOKU SElMEl BUILDING 2-2 UCHISAIWAICHO 2-CHOME 10 CHIYODA-KU. TOKYO 100-001I. JAPAN TELEPHONE (81-31 35076101 FACSIMILE 181-3) 3507-8l20 ORIENTAL P W . T O m R E 3 W R I T E R ’ S D I R E C T DI sum I205 NO. I EAST CHANO AN AVENUE DON0 CHENG DISTRICT 202-223-7340 BCIJING. 100738 WRITER’S DIRECT F A C S I PEOPLE’S REPUBLIC OF CHINA TELEPHONE I85 IO1 85 I8-270e FACSIMILE ( 8 5 IO) 85 I8-27e.oteI 202-223-7440 I Z T H FLOOR, HONG KONG CLUB BUILDING 3 A CHATER ROAD, CENTRAL HONG KONG pspector@paulweiss.com TELEPHONE (852) 25369933 FACSIMILE (852) 25-22 ALDER C I S T L E I O NOBLE STREET LONDON ECLV 7JU. U.K. TELEPHONE (44 2 0 ) 7367 1600 FACSIMILE (44 2 0 ) 7367 I 6 5 0 May 13,2004 .NOT AN ACTIVE MEMBER OF THE DC BAR. Marlene H. Dortch, Secretary Federal Communications Commission 445 12th Street, N.W. Washington, D.C. 20554 In the Matter of Inmarsat Ventures Limited, File No. SAT-MSC-20040210-00027 Dear Ms. Dortch: On February 10,2004, Inmarsat Ventures Limited (“Inmarsat”) filed a letter with the Federal Communications Commission (the “Commission”) in which Inmarsat claimed to have complied with the initial public offering (“PO”) requirements of Section 621 of the ORBIT Act, despite having conducted a private equity placement and a quasi-public debt offering in lieu of the equity IPO that is required by the Act.’ On April 5,2004, SES AMERICOM, Inc. (“SES AMERICOM”), filed comments urging the Commission to reject Inmarsat’s transactions as being non-compliant with the express terms of Section 621 .* The Commission has yet to rule on this matter. I Letter from Alan Auckenthaler, Inmarsat, to Ms. Marlene H. Dortch, Secretary, Federal Communications Commission. 2 Comments of SES AMERICOM, Inc., File No. SAT-MSC-200402 10-00027 (filed Apr. 5, 2004). Doc #:DC1:141758.1

I P A U L . WEISS. RIFKIND. WHARTON 8 GARRISON LLP Page 2 As the Commission considers this matter, SES AMERICOM would like the record to reflect recent public statements by the Chief Executive Officer of Intelsat, Mr. Conny Kullman. In stating that Intelsat currently intends to complete its own equity IPO, rather than pursue a buyout similar to the one conducted by Inmarsat, Mr. Kullman explained that “the ORBIT legislation is very clear in requiring an P O . It uses that term very ~learly.”~ He further noted that, in order for Intelsat to consider such a buyout in the future, Intelsat would “need a ruling from the FCC [on the Inmarsat request] which is different from the interpretation we have The foregoing statements of Intelsat -- being the other major company besides Inmarsat still subject to the ORBIT Act -- lend strong support to the position taken by SES AMERICOM and others in the instant proceeding: that Inmarsat’s transactions do not suffice to satisfy the clear and unambiguous directive of Cmgress that Inmarsat conduct an IPO of equity securities. SES AMERICOM again urges the Commission to adopt this position, and to act swiftly to reject Inmarsat’s statement of compliance with the ORBIT Act. Respectfully submitted, Phillip L. Spector Patrick S. Campbell Brett M. Kitt Attorneysfor SES AMERICOM, Inc. cc: Parties on Attached Service List 3 Intelsat Accelerates IPO Plans, at http://www.thedeal.com (May 12, 2004). 4 COMMUNICATIONS DAILY,May 12, 2004. Doc #:DCl:141758.1

CERTIFICATE OF SERVICE I hereby certify that on this 13th day of May, 2004, I caused a copy of the foregoing letter to be served by first-class mail on the following: Alan Auckenthaler Bruce A. Henoch Vice President & General Counsel Assistant General Counsel Inmarsat, Inc. Telenor Satellite Services, Inc. 1050 Connecticut Avenue, N.W. 1101 Wootton Parkway, 10th Floor Suite 1000 Rockville, MD 20852 Washington, D.C. 200036 Attorney for Telenor Satellite Services, Inc. Gary M. Epstein John P. Janka Lon C. Levin Alexander D. Hoehn-Saric Vice President Latham & Watkins LLP Mobile Satellite Ventures Subsidiary LLC 555 Eleventh Street, N.W., Suite 1000 10802 Park Ridge Boulevard Washington, D.C. 20004-1304 Reston, VA 20 191 Attorneys for Inmarsat Ventures Limited Bruce D.Jacobs David S. Konczal William M. Behan Shaw Pittman LLP Vice President, Washington Affairs 2300 N Street, N.W. John Deere Public Affairs Worldwide Washington, D.C. 20037 1808 I Street, N.W. ' Washington, D.C. 20006 Attorneys for Mobile Satellite Ventures Subsidiary LLC Eliot J. Greenwald Swidler Berlin Shereff Friedman, LLP Qualex International 3000 K Street, N.W., Suite 300 Portals I1 Washington, D.C. 20007 Federal Communications Commission 445 12th Street, S.W., Room CY-B4202 Attorney for Deere h Company Washington, D.C. 20554 Alfred M. Mamlet Policy Branch Chun Hsiang Mah Satellite Division, International Bureau Steptoe 8c Johnson LLP Federal Communications Commission 13330 Connecticut Ave, N.W 445 12th Street, S.W. Washington, D.C. 20036 Washington, D.C. 20554 Attorneys for Stratos Mobile Networks, Inc. and Stratos Communications, Inc. Renee Thomas Doc #:DC1:14 175 8.1


Document Created: 2004-07-13 15:27:12
Document Modified: 2004-07-13 15:27:12
© 2024 FCC.report
This site is not affiliated with or endorsed by the FCC