Attachment Exhibit 2

This document pretains to SES-ASG-20130815-00737 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2013081500737_1008273

                                                              FCC Form 312 Assignment
                                                              Assignor/Licensee: Stratos
                                                              Offshore Services Company
                                                              Assignee: RigNet SatCom, Inc.


RESPONSE TO QUESTION A20 / EXHIBIT E

       Please see the attached Petition for Declaratory Ruling, which has been filed concurrently
with the Commission and provides information responsive to Question A20.


                                     Before the
                       FEDERAL COMMUNICATIONS COMMISSION
                                Washington, D.C. 20554

                                                )
In the Matter of                                )
                                                )           File No. ISP-PDR-2013-_______
RigNet SatCom, Inc.                             )
                                                )
Petition for Declaratory Ruling Under Section   )
310(b)(4) of the Communications Act, as Amended )
To Permit Indirect Foreign Investment           )
Above 25 Percent                                )
                                                )

                        PETITION FOR DECLARATORY RULING
                          UNDER SECTION 310(b)(4) OF THE
                      COMMUNICATIONS ACT OF 1934, AS AMENDED

           RigNet SatCom, Inc. (“RigNet”), pursuant to 47 U.S.C. §310(b)(4) (“Section 310(b)(4)”)

and the Commission’s implementing rules Section 1.990 et seq., hereby petitions the

Commission for a declaratory ruling that it would serve the public interest to permit foreign

ownership in RigNet’s parent, Rignet, Inc., in excess of the 25% foreign-ownership benchmark

in Section 310(b)(4).1 RigNet also requests that the Commission permit (1) the specific foreign

investors described herein to increase their equity and voting interests up to a non-controlling

49.99% interest and (2) additional aggregate indirect and/or voting interests by foreign investors

up to 100%.

I.        BACKGROUND AND OWNERSHIP DESCRIPTION

          RigNet is Delaware corporation, headquartered at 1880 S. Dairy Ashford, Suite 300

Houston, TX 77077. RigNet is a global provider of managed remote communications, systems




1
      Although RigNet does not currently hold any authorization subject to Section 310(b)(4),
the Commission previously found that it would serve the public interest to allow indirect foreign
ownership of RigNet in excess of the 25 percent benchmark set forth in Section 310(b)(4). See



A/75669710.3


integration and collaborative applications dedicated to the oil and gas industry, focusing on

offshore and onshore drilling rigs, offshore production facilities and energy maritime. RigNet

provides specialized solutions ranging from fully managed voice and data networks to more

advanced applications that include video conferencing and real-time data services. RigNet’s

secure communications and private extranet allow its customers to manage information flows

and execute mission-critical operations primarily in remote areas, including offshore and land-

based drilling rigs, offshore and onshore production facilities, energy maritime vessels and

regional support offices, where conventional telecommunications infrastructure is either

unavailable or unreliable.

          Pursuant to an Asset Purchase Agreement (“Agreement”), dated August 1, 2013, RigNet

and Stratos Offshore Services Company (“Stratos”) propose to complete a transaction whereby

RigNet will acquire from Stratos certain assets, including certain licenses, related network

facilities, and customer accounts in the oil and gas industry associated with Stratos’ retail energy

business (the “Transaction”). The Transaction entails a purchase of the Stratos business

operating pursuant to certain Section 214 authorizations, wireless and earth station licenses,

related network facilities and certain customer accounts. (In a separate service agreement,

RigNet will become a key distribution partner to Inmarsat offering Global Xpress, a new

generation, high throughput satellite communications service, and L-Band services worldwide.)

Stratos        holds   Industrial/Business   Pool,   Conventional   (IG),   Industrial/Business   Pool-

Commercial/Conventional (IK), Wireless Communications Service (WS), Common Carrier

Fixed Point-to-Point Microwave Services (CF), Microwave Industrial/Business Pool (MG),


International Authorizations Granted, Public Notice Report No. TEL-01085 (rel. Nov. 9, 2006);
Petition for Declaratory Ruling, IBFS File No. ISP-PDR-20060815-00011.
                                                     -2-




A/75669710.3


3650-2700 MHz (NN), Broadband Radio Service (BR), and Offshore Radiotelephone (CO)

licenses (collectively, “Wireless Radio Services Licenses”) and earth station licenses that will be

acquired by RigNet and are subject to the Section 310(b)(4) foreign ownership restrictions.2

          RigNet is a wholly owned subsidiary of RigNet, Inc., a publicly held Delaware

corporation. No single individual or entity holds direct equity or voting interests in RigNet, Inc.

of 10% or more, other than Energy Growth AS, a Norwegian limited liability company, which

currently holds a 25.3% non-controlling interest in RigNet, Inc. Energy Growth AS is wholly

owned by Energy Growth Holding AS, a Norwegian limited liability company, which is in turn

wholly owned by CSV III AS, a Norwegian limited liability company. Cubera Secondary KS, a

Norwegian limited liability partnership, owns a 60.5% ownership stake in CSV III AS,3 and the

remaining 39.5% interest in CSV III AS is held by two Norwegian limited liability companies

(the equity and voting interests of both are entirely held by Norwegian entities and individuals),

neither of which holds a 10% indirect equity or voting interest in RigNet. Cubera Secondary

(GP) AS, a Norwegian limited liability company, is the general partner of, and holds a 1% equity

interest, in Cubera Secondary KS. The limited partners of Cubera Secondary KS are organized

in, or are citizens of, Norway, Luxembourg, Switzerland, Sweden, or the UK-Scotland. None of

the Cubera limited partners holds a 10% indirect equity or voting interest in RigNet.      Namlos

AS, a Norwegian limited liability company, owns a 45.9% stake in Cubera Secondary (GP) AS,

and the remaining 54.1% interest in Cubera Secondary (GP) AS is held by two Norwegian


2
       RigNet and Stratos will file applications for Commission approval of the assignment of:
(1) Wireless Radio Services Licenses, (2) spectrum leases, (3) earth station authorizations, and
(4) domestic and international Section 214 authorizations.
3
        Note that all references to indirect voting interests have been calculated by counting any
interest above 50% in any link of the ownership chain as a 100% interest.
                                                -3-




A/75669710.3


limited liability companies and one Swedish limited liability company (the equity and voting

interests of each are entirely held by Norwegian individuals), none of which holds a 10% indirect

equity or voting interest in RigNet and are entirely owned by Norwegian citizens. Namlos AS is

wholly owned by Jorgen Kjaernes, a citizen of Norway.       Exhibit A is a diagram depicting the

ownership and control of RigNet and Energy Growth.

II.       INFORMATION REQUIRED BY SECTION 1.991

          Pursuant to Section 1.991 of the Commission’s Rules, RigNet submits the following

information in support of this Petition:

          (a)     Contact Information, FRN, Place of Organization, and Type of Business of
                  each Applicant:

                  RigNet SatCom, Inc.
                  1880 S. Dairy Ashford, Suite 300
                  Houston, TX 77077
                  (281) 674-0100 (Tel)

                  FRN: 0015217680
                  Place of Organization: Delaware
                  Type of Business: Corporation
                  Name and Title of Officer Certifying Information: Mark Slaughter, Chief
                  Executive Officer and President

          (b)     Legal Counsel Contact:

          For RigNet:                                With a copy to:
                Catherine Wang                           Bob Ward
                Danielle Burt                            RigNet, Inc.
                Bingham McCutchen LLP                    1880 S. Dairy Ashford, Suite 300
                2020 K St. NW, 11th Fl.                  Houston, Texas 77077
                Washington, DC 20006                     281-674-0775 (Tel)
                202-373-6000 (Tel)                       281-674-0101 (Fax)
                202-373-6001 (Fax)                       bob.ward@rig.net
                catherine.wang@bingham.com
                danielle.burt@bingham.com

          (c)(2) Information about Assignment Applications, including Filing Date, and
                 Types of Radio Services Covered
                                              -4-




A/75669710.3


                RigNet expects to file assignment applications for the Wireless Radio Services
                Licenses and satellite earth stations by August 15, 2013. As described above,
                RigNet will hold the following types of radio service authorizations upon
                completion of the Transaction: Industrial/Business Pool, Conventional (IG),
                Industrial/Business       Pool-Commercial/Conventional      (IK),     Wireless
                Communications Service (WS), Common Carrier Fixed Point-to-Point
                Microwave Services (CF), Microwave Industrial/Business Pool (MG), 3650-2700
                MHz (NN), Broadband Radio Service (BR), and Offshore Radiotelephone (CO),
                and will hold earth station licenses.4

          (d)   Type of Declaratory Ruling Request

                RigNet requests a declaratory Ruling pursuant to Section 310(b)(4) and Section
                1.990(a)(1) of the Commission’s Rules.

          (e)/(g) Direct Equity/Voting Interests of 10% or More

                The following entity directly holds 10% or more of the stock of RigNet, Inc.:

                Name:                 Energy Growth AS
                Address:              Tordenskioldsgate 6B
                                      0160 Oslo
                Citizenship:          Norway
                Principal Business:   Investment
                % Held:               25.3% equity/voting

          (f)/(g) Indirect Equity/Voting Interests of 10% or More

                The following entities indirectly hold an interest in RigNet, Inc. of 10% or more:

                Name:                 Energy Growth Holding AS
                Address:              Tordenskioldsgate 6B
                                      0160 Oslo
                Citizenship:          Norway
                Principal Business:   Investment
                % Held:               25.3% equity/voting (owns 100% of Energy Growth AS)

                Name:                 CSV III AS
                Address:              Tordenskioldsgate 6B
                                      0160 Oslo
                Citizenship:          Norway
                Principal Business:   Investment


4
       RigNet and Stratos will also be filing applications to implement the assignment of certain
spectrum leases.
                                                -5-




A/75669710.3


                % Held:               25.3% equity/voting (owns 100% of Energy Growth
                                      Holdings AS)

                Name:                 Cubera Secondary KS
                Address:              Tordenskioldsgate 6B
                                      0160 Oslo
                Citizenship:          Norway
                Principal Business:   Investment
                % Held:               25.3% voting/15.3% equity (owns 60.5% of CSV III AS)

                Name:                 Cubera Secondary (GP) AS
                Address:              Tordenskioldsgate 6B
                                      0160 Oslo
                Citizenship:          Norway
                Principal Business:   Investment
                % Held:               25.3% voting/0.15% equity (General Partner of Cubera
                                      Secondary KS)

                Name:                 Namlos AS
                Address:              Jarveien 16 B
                                      1358 Jar
                Citizenship:          Norway
                Principal Business:   Investment
                % Held:               11.6% voting/0.07% equity (owns 45.9% of Cubera
                                      Secondary (GP) AS)

                Namlos AS is 100% owned Jorgen Kjaernes, a citizen of Norway, who may be
                contacted at Tordenskioldsgate 6B, 0160 Oslo, Norway. Mr. Kjaernes indirect
                interest in RigNet, Inc. is 11.6% voting and 0.07% equity.

          (h)(1) Estimate of Aggregate Foreign Ownership

                Exhibit B provides a percentage estimate of RigNet, Inc.’s aggregate direct and
                indirect (1) foreign equity interests which totals 43.14% and (2) foreign voting
                interests which totals 42.14%.5

                To determine these percentages for RigNet, Inc.’s largest shareholders and its
                officer and director shareholders, RigNet, Inc. surveyed the Securities and
                Exchange Commission filings and other publicly available materials issued by its
                shareholders and requested information from its institutional investors that report
                beneficial ownership interests in RigNet, Inc. For investors who hold less than
                5% of RigNet, Inc.’s shares, RigNet Inc. surveyed the contact addresses of all

5
       These interests were calculated pursuant to the standards and criteria set forth in Section
1.992 of the Commission’s rules.
                                               -6-




A/75669710.3


                 such registered shareholders and, on that basis, has determined that 99.56% of the
                 interests held in RigNet, Inc. shares by such less than 5% registered shareholders
                 are U.S. RigNet, Inc. has been unable to confirm the addresses of the contacts for
                 other less than 5% shareholders and, given the lack of information with respect to
                 those accounts, has classified those shareholders as foreign in the aggregate
                 foreign ownership calculation of RigNet, Inc.

                 As shown in Exhibit B, one investor, Energy Growth AS, accounts for the
                 majority of foreign ownership and individually holds in excess of the 25%
                 foreign-ownership benchmark, prompting the filing of this Petition. In addition,
                 approximately 0.44% of RigNet, Inc.’s shareholders have known direct foreign
                 ownership, approximately 1% of RigNet, Inc.’s institutional investor shareholders
                 have unknown indirect ownership and is therefore classified as foreign for
                 purposes of this analysis, and approximately 16.4% of RigNet, Inc.’s shareholders
                 are investors whose names and nationalities are unknown and therefore are
                 classified as foreign for the purpose of this analysis.

                 As described in Section III below, it would serve the public interest to allow
                 indirect foreign ownership of RigNet in excess of the 25 percent benchmark set
                 forth in Section 310(b)(4).

          (h)(2) Ownership and Control Structure Diagram

                 Exhibit A depicts the ownership and control structure of RigNet, confirming that
                 RigNet, Inc. is the real party-in-interest as disclosed in the companion assignment
                 applications, and identifies the controlling interests in RigNet.

          (i)    Requests for Specific Approval of 5% or more

                 RigNet requests specific approval for the following foreign entities to directly or
                 indirectly hold equity and/or voting interests as listed in RigNet, Inc. RigNet also
                 requests that the Commission allow these entities to increase equity and voting
                 interests held in RigNet, Inc. up to a non-controlling 49.99% interest.6 Further,
                 RigNet requests that the Commission permit additional aggregate indirect and/or
                 voting interests by foreign investors up to 100%.7

                 Energy Growth AS               direct 25.3% equity/voting
                 Energy Growth Holding AS       indirect 25.3% equity/voting
                 CSV III AS                     indirect 25.3% equity/voting
                 Cubera Secondary KS            indirect 25.3% voting/15.3% equity
                 Cubera Secondary (GP) AS       indirect 25.3% voting/0.15% equity
                 Namlos AS                      indirect 11.6% voting/0.07% equity

6
          RigNet seeks this authority pursuant to 47 C.F.R. §1.990(k)(1).
7
          RigNet seeks this authority pursuant to 47 C.F.R. §1.990(k)(2).
                                                   -7-




A/75669710.3


                 Jorgen Kjaernes              indirect 11.6% voting/0.07% equity

          (j)    Place of Organization & Type of Business for Foreign Investors Named in (i)

                 Each of the entities named in section (i) above are organized in Norway. Energy
                 Growth AS, Energy Growth Holding AS, CSV III AS, Cubera Secondary (GP)
                 AS, and Namlos AS are limited liability companies. Cubera Secondary KS is a
                 limited liability partnership.

III.      GRANT OF THIS PETITION IS IN THE PUBLIC INTEREST

          In its implementation of Section 310(b)(4) of the Act, the Commission has determined

that allowing indirect foreign investment in common carrier radio licensees beyond the 25%

benchmark established in Section 310(b)(4), regardless of whether the entity or entities holding

that interest are from World Trade Organization member countries, could promote competition

in the U.S. market, thereby promoting the U.S. public interest.8 This approach benefits U.S.

consumers by encouraging additional competition in the U.S. market, allowing the Commission

to prevent anticompetitive conduct in the provision of international services and facilities more

effectively, and promoting further opening to U.S. carriers in foreign markets.9 The Commission

has determined that the public interest would be served by permitting foreign ownership, in part,

because:

          [R]emoving barriers to entry and focusing on competitive safeguards will promote
          effective competition in the U.S. telecommunications services market by
          removing unnecessary regulation and barriers to entry that can stifle competition




8
       See Review of Foreign Ownership Policies for Common Carrier and Aeronautical Radio
Licensees under Section 310(b)(4) of the Communications Act of 1934, as Amended, Second
Report and Order, 28 FCC Rcd 05741, FCC 13-50, ¶23-26 (2013); Rules and Policies on
Foreign Participation in the U.S. Telecommunications Market, 12 FCC Rcd 23891, FCC 97-398,
¶111 (1997) (“Foreign Participation Order”).
9
          Foreign Participation Order at ¶10-11.
                                                   -8-




A/75669710.3


          and deprive U.S. consumers of the benefits of lower prices, improved service
          quality, and service innovations.10

          In the instant case, the Transaction will enhance the strategic positioning of both RigNet

and Stratos as they continue to serve the communications needs of the global energy sector. The

Transaction will add to RigNet’s technology solutions, customer base and geographic footprint

thereby giving RigNet broader and deeper capabilities to serve the oil and gas industry through

all phases from drilling through production. Customers will benefit from RigNet’s expanded

services portfolio, new capabilities from additional VSAT facilities and acquired microwave and

WiMAX networks in the U.S. Gulf of Mexico, and an expansion of highly skilled staff currently

supporting the business. RigNet’s extensive product and services portfolio tailored for the oil

and gas industry, coupled with the unprecedented connectivity capabilities of Inmarsat’s Global

Xpress network, will make possible an unprecedented advance in managed remote

communications services that are available to enterprise customers in the oil and gas industry.

Also, the Transaction will serve the public interest by enabling RigNet to provide an expanded

array of advanced services to meet the growing communications services demand of an

important worldwide industry sector.

          Moreover, RigNet is not a foreign carrier, and is not owned or controlled by a foreign

carrier. As such, the Transaction will not result in an increased concentration in any market for

telecommunications services and will not otherwise result in a foreign carrier’s ability to exercise

market power to favor a U.S. affiliate. 47 U.S.C. §§ 310(a) and (b)(1)-(3), which prohibit certain

direct foreign ownership of FCC authorizations, are not implicated by this Petition because the

authorizations and licenses at issue will be held by RigNet, which is U.S. corporation organized

10
          Id. at ¶11.
                                                  -9-




A/75669710.3


under the laws of the State of Delaware, and which will to be 100% directly owned by RigNet,

Inc. (a U.S. entity organized under the laws of the State of Delaware) after the consummation of

the Transaction.

III.       CONCLUSION

          RigNet respectfully requests a declaratory ruling be issued that it is in the public interest

to have indirect foreign ownership as specified herein in excess ofthe 25% benchmark under

Section 310(b)(4) of the Communications Act of 1934, as amended, 47 U.S.C. § 310(b)(4), as

such foreign ownership pertains to the above investors, subject to standard conditions.

                                                        Respectfully submitted,



                                                           |POIN\
                                                        Catherine Wang
                                                        Danielle Burt
                                                        BINGHAM MCCUTCHEN LLP
                                                        2020 K Street, N.W.
                                                        Washington, DC 20006—1806
                                                        (202) 373—6000 (Tel)
                                                        (202) 373—6001 (Fax)
                                                        catherine.wang@bingham.com
                                                        danielle.burt@bingham.com

                                                        Counsel for RigNet SatCom, Inc.

Dated: August 15, 2013




                                                   —10 —




A/75669710.2


                                                 Exhibit A

                          Aggregate Foreign Investor Interests in RigNet, Inc.

               Investor         Country of Citizenship/Organization        Aggregate %   Aggregate %
                                                                             Voting        Equity
Energy Growth AS                Norway                                     25.3%         25.3%
Aggregate Known                 Norway, Brazil, Canada, Malaysia, Qatar,   0.44%         0.44%
                                Singapore, Sweden, United Kingdom
Aggregate Unknown               Unknown                                    16.4%         17.4%


TOTAL                                                                      42.14%        43.14%




A/75669710.3


                             Exhibit B

               Ownership and Control Structure Chart




A/75669710.3


                                              RigNet Ownership and Control Structure

                                                  Jorgen Kjaernes
                                              100% (D)
                                              11.6% voting (I)
                                              0.07% equity (I)
                                                                                     Three Limited Liability Companies
                                                      Namlos AS                                           None individually holds an
                                                    45.9% (D)                                             indirect 10% or more equity or
                                                    11.6% voting (I)                                      voting interest in RigNet, Inc.
                                                    0.07% equity (I)
          Various Limited
             Partners                                 Cubera Secondary (GP) AS
                                                                          General Partner, 1% (D)
None individually holds an                                                25.3% voting (I)
indirect 10% or more equity or                                            0.15% equity (I)
voting interest in RigNet, Inc.                                                                       Two Limited Liability Companies
                                       Cubera Secondary KS
                                                                                                                           Neither individually holds an
                                          60.5% (D)                                                                        indirect 10% or more equity or
                                          25.3% voting (I)                                                                 voting interest in RigNet, Inc.
                                          15.3% equity (I)
                                                                               CSV III AS
                                                                                              100% (D)
                                    Various U.S.                                              25.3% (I)
                                  interest holders
Various foreign                   (None individually holds             Energy Growth Holding AS
                                      10% or more)
interest holders                                                                              100% (D)
(None individually holds      57.86% voting                                                   25.3% (I)                                                           Key
    10% or more)              56.86% equity                                                                                                         Equity/voting
                                                                          Energy Growth AS                                                          Control Chain
   16.84% voting
   17.84% equity                                                                              25.3% (D)                                             Licensee
                                                                                                                                             (D) Direct Ownership
                                                                               RigNet, Inc.                                                  (I) Indirect Ownership in RigNet, Inc.
                                                                                            100%, Real Party-In-Interest
                                                                                                                                             * Interests followed by (D) represent direct
                                                                                                                                             interests in the entity immediately below on
                                                                                                                                             the chart. Interests followed by (I) represent
                                                                         RigNet SatCom, Inc.                                                 indirect interests in RigNet, Inc.


                                             CERTIFICATION


               I, Mark Slaughter, state that I am the Chief Executive Officer and President of RigNet

 SatCom, Inc. ("RigNet"); that I am authorized to make this Certification on behalf of RigNet;

 that the foregoing petition was prepared under my direction and supervision; and that the

 contents are true and correct to the best of my knowledge, information, and belief.

               I declare under penalty of perjury that the foregoing is true and correct. Executed this

l_% day of August, 2013.


                                                   Z\Z/Iark Slaughter
                                                   Chief Executive Officer and President
                                                   RigNet SatCom, Inc.




A/7S669710.1



Document Created: 2013-08-15 18:05:20
Document Modified: 2013-08-15 18:05:20

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