Attachment SCL STA.pdf

This document pretains to SCL-STA-20100322-00009 for Special Temporal Authority on a Submarine Cable Landing filing.

IBFS_SCLSTA2010032200009_806852

       ATTACHMENT: REQUEST FOR SPECIAL TEMPORARY AUTHORITY


       American Samoa Hawaii Cable, LLC (“ASHC,” FRN 0017874215), Pac-Rim

Redeployment, LLC (“PRR,” FRN 0017882309), and AST Telecom, LLC, d/b/a Blue Sky

Communications (“Blue Sky,” FRN 0007435902, and together with ASHC and PRR, the

“Licensees”), Ralph S. Janvey, as Receiver for Stanford International Bank Ltd. (“SIBL” or

“Transferor,” FRN 0013561055), and Pete R. Pizarro (“Mr. Pizarro” or “Transferee,” FRN

0019470681, and together with the Licensees and SIBL, the “Applicants”) respectfully request

Special Temporary Authority (“STA”) pursuant to Section 1.767 of the Commission’s rules1 for

the transfer of control of the Licensees from SIBL to Mr. Pizarro. The Licensees are licensed to

land and operate a non-common carrier fiber-optic submarine cable network, the American

Samoa-Hawaii Cable System (the “ASHC System”).2

       The transfer of control of the Licensees from SIBL to Mr. Pizarro took place on February

6, 2009, as part of a capital structure reorganization of eLandia International, Inc. (“eLandia

International”), which has indirect majority ownership of ASHC and PRR and direct sole

ownership of Blue Sky. SIBL, the Transferee, and eLandia International entered into a series of

transactions on February 6, 2009 in connection with eLandia International’s reorganization that

converted the principal amount of eLandia International’s debt to SIBL into eLandia

International preferred non-voting stock, reduced SIBL’s ownership of eLandia International



1
    47 C.F.R. § 1.767.
2
    File No. SCL-LIC-20080814-00016. See Public Notice, Actions Taken Under Cable
    Landing License Act, Report No. SCL-00080, DA 09-45 (Jan. 16, 2009). The ASHC System
    connects Keawaula, Hawaii, Iliili, American Samoa, and Apia, the Independent State of
    Samoa.


common stock to 49.9 percent of outstanding common stock, and placed the shares of eLandia

International held by SIBL into a voting trust (the “Voting Trust”) of which the Transferee is the

trustee. On February 16, 2009, Ralph S. Janvey was appointed as the Receiver for SIBL.3 The

Applicants seek special temporary authority from the Commission for ASHC, PRR, and Blue

Sky to be under the ultimate control of Mr. Pizarro.

       SIBL and the Transferee were not aware that Commission consent was required in

connection with these transactions, since eLandia International is not itself a Commission

licensee. The Transferor (now under control of the Receiver) and the Transferee regret that they

did not seek timely transaction consent from the Commission, and they commit that such actions

will not be repeated in the future. eLandia International and the Licensees have retained counsel

with substantial expertise in Commission regulatory matters to advise them going forward on

matters that may implicate the Commission’s prior consent requirements with respect to transfers

of control.

       ASHC, Ralph S. Janvey, as Receiver for SIBL, and Mr. Pizarro previously filed an

application for transfer of control of ASHC as the holder of a cable landing license from SIBL to

Mr. Pizarro.4 Concurrently herewith, each of PRR and Blue Sky, along in each case with

Transferor (now under control of the Receiver) and Transferee, are filing applications for the

transfer of control of PRR and Blue Sky respectively.




3
    See Amended Order Appointing Receiver, Mar. 12, 2009, in Securities and Exchange
    Commission v. Stanford Int’l Bank, Ltd., Case No. 3-09CV0298-N (N.D. Tex.). At the time
    the receiver was appointed, SIBL no longer controlled the Licensees, because of the
    reorganization described herein and for which the underlying applications seek consent.
4
    File No. SCL-T/C-20100125-00001.




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       The public interest will be served by grant of this request as it will allow the lawful

control by Mr. Pizarro of the Licensees of the ASHC System, which provides low-cost

connectivity to support new economic opportunities in the remote and economically depressed

U.S. territory of American Samoa, and provides the first-ever undersea cable capacity for the

Independent State of Samoa.

       Accordingly, the Applicants respectfully request grant of this STA request to continue for

the interim period until the Commission acts on the underlying applications for transfer of

control. The Applicants acknowledge that grant of this request will not prejudice action by the

Commission on the underlying applications and that any authority granted pursuant to this

request is subject to cancellation or modification upon notice but without a hearing.




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Document Created: 2010-03-17 12:40:16
Document Modified: 2010-03-17 12:40:16

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