Attachment Exhibit

This document pretains to SES-ASG-20120524-00474 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2012052400474_953059

                                                                    LightSquared Subsidiary LLC
                                                                                  FCC Form 312

                            Description of Transaction (“Exhibit F”)

               By this application, LightSquared Subsidiary LLC (“LightSquared”) seeks
Commission consent to the pro forma transfer of control of LightSquared in connection with a
recently commenced bankruptcy case. This application is one of a number of pro forma
applications being filed contemporaneously by LightSquared with the Commission. A list of all
Commission licenses and authorizations for which pro forma applications are being filed with
the Commission is included as Appendix 1 to this Exhibit.

                On May 14, 2012, LightSquared and certain of its affiliates (collectively, the
“Company”) filed petitions for relief under Chapter 11 of Title 11 of the United States Code (the
“Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New
York (the “Bankruptcy Court”). On May 15, 2012, the Bankruptcy Court entered an order
directing the joint administration for procedural purposes only of all of the LightSquared related
Chapter 11 cases. See In re LightSquared Inc., et al., Case No. 12-12080 (SCC) (the “Chapter
11 Cases”).

                The Company continues to operate its business and manage its properties as a
debtor in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code. As the
Company is now operating subject to the supervision of the Bankruptcy Court, the filing of the
Chapter 11 Cases resulted in the pro forma transfer of control of LightSquared. Because the
Commission’s filing systems do not permit parties to change a licensee name to reflect its
debtor-in-possession status while filing a transfer of control application, the instant application is
being filed as a pro forma assignment of LightSquared’s FCC authorizations from LightSquared
to LightSquared Subsidiary LLC, Debtor-in-Possession (“LightSquared DIP”).

                Apart from the fact that LightSquared is now operating as a debtor in possession,
there has been no change to the ownership or control of LightSquared as a result of the pro forma
transfer of control for which consent is sought hereby. It is not anticipated that the Company’s
day-to-day operations or its service to customers will be impacted while it pursues this
restructuring. LightSquared will obtain all necessary consents from the Commission prior to
emerging from the Chapter 11 Cases. The Company anticipates that it will emerge from Chapter
11 better able to serve its customers. Accordingly, grant of the instant application would serve
the public interest, convenience, and necessity. See, e.g., IBFS File No. SAT-ASG-20101022-
00222, DA No. 11-75 (Jan. 14, 2011) (granting assignment from TerreStar License Inc. to
TerreStar License Inc., Debtor-in-Possession); IBFS File No. SAT-ASG-20090521-00056, DA
09-1429 (June 26, 2009) (granting assignment of authority from New DBSD Satellite Services
G.P. to New DBSD Satellite Services G.P., Debtor-in-Possession).


                                                            LightSquared Subsidiary LLC
                                                                          FCC Form 312

                         Ownership Information (“Exhibit E”)

            The current ownership of LightSquared (and LightSquared DIP) 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:

     a)     LightSquared Investors Holdings Inc. holds approximately 78 percent of the
            ownership interests in LightSquared LP.

     b)     TMI Communications Delaware, Limited Partnership holds approximately 22
            percent of the ownership interests in LightSquared LP.

     c)     LightSquared GP Inc. controls LightSquared LP as its General Partner.

3.   LightSquared Investors Holdings Inc. is a Delaware corporation and 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:

     a)     LightSquared Investors Holdings Inc. holds 100 percent of the ownership interests
            in TMI Communications Delaware, Limited Partnership.

     b)     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:

     a)     LightSquared Investors Holdings Inc. holds approximately 78 percent of the
            ownership interests in LightSquared GP Inc.

     b)     TMI Communications Delaware, Limited Partnership holds approximately 22
            percent of the ownership interests in LightSquared GP Inc.

6.   SkyTerra Rollup Sub LLC is a Delaware limited liability company and a wholly-owned
     subsidiary of SkyTerra Rollup LLC.

7.   SkyTerra Rollup LLC is a Delaware limited liability company and a wholly-owned
     subsidiary of LightSquared Inc.


                                            2


                                                                  LightSquared Subsidiary LLC
                                                                                FCC Form 312

8.     LightSquared Inc. is 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.     LightSquared Inc. and LightSquared LP can be contacted at the following address: 450
       Park Avenue, Suite 2201, New York, NY 10022. Each of the other entities identified
       above can be contacted at the following address: 10802 Parkridge Boulevard, Reston,
       VA 20191.

10.    LightSquared Inc. is owned and controlled by individuals and entities affiliated with
       HGW US Holding Company, L.P. (“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, 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).


            Communications with Non-U.S. Spacecraft (Response to Question 42)

               The earth stations that are the subject of the instant application are authorized by
the Commission to communicate with spacecraft operated by a LightSquared affiliate under the
authority of Canada. Apart from the fact that such affiliate is now operating as a debtor-in-
possession, there has been no change affecting the operation of the relevant spacecraft.
Accordingly, LightSquared is not providing herein what would be a duplicative showing under
Section 25.137 of the Commission rules, 47 C.F.R. § 25.137.




                                                 3


                                                              LightSquared Subsidiary LLC
                                                                            FCC Form 312

                    Appendix 1: Schedule of Licenses and Authorizations

Section 214 Authorizations

                Authorization Holder                    File Numbers
            LightSquared Subsidiary LLC      ITC-214-19950314-00022;
                                             ITC-214-19951215-00023
                                             Domestic interstate authority
                                             pursuant to 47 C.F.R. § 63.01(a).

Space Station Licenses

                                   Licensee              Call Signs
                         LightSquared Subsidiary LLC     S2358
                                                         AMSC-1

Transmit/Receive Earth Station Licenses

                         Licensee                Call Signs     Fixed/Mobile
               LightSquared Subsidiary LLC      E080030;        Fixed
                                                E080031;
                                                E930124;
                                                E100051
                                                E930367;        Mobile
                                                E980179

Wireless Licenses

              Licensee                   Call Signs                  Type of Facility
    LightSquared Subsidiary LLC     WQHL596                       Industrial/Business
                                                                  Pool, Conventional
                                    WQMN726                       Millimeter Wave
                                                                  70/80/90 GHz
    One Dot Six Corp. (Lessee)      WPYQ831 (L000007295)          1670-1675 MHz Band


Experimental License

                                   Licensee              Call Sign
                         LightSquared Subsidiary LLC     WF2XSA



Document Created: 2012-05-24 17:43:02
Document Modified: 2012-05-24 17:43:02

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