Attachment Exhibit 5

This document pretains to SES-T/C-20041116-01706 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2004111601706_405490

                                            Exhibit 5
                                  Form 312 — Question No. 43
                                         Description



Stratos Holdings, Inc. proposes a pro forma transfer of control involving Stratos
Communications, Inc. Currently, Stratos Communications, Inc. (a U.S. corporation) is wholly—
owned by Stratos Preferred Investments, Inc. (a U.S. corporation). Stratos Preferred
Investments, Inc. is wholly—owned by Stratos Holdings, Inc. (a U.S. corporation). Stratos
Holdings, Inc. is 78.7% owned by Stratos Global Corporation (a Canadian corporation) and
21.3% owned by Stratos Wireless Inc. (a Canadian Corporation), a wholly—owned subsidiary of
Stratos Global Corporation. Accordingly, Stratos Global Corporation has indirect control of
Stratos Communications, Inc. through its control over Stratos Wireless, Inc. and Stratos
Holdings, Inc. The proforma transfer proposed in this application simply involves a corporate
reorganization, which involves: (1) transferring all of Stratos Global Corporation‘s ownership
interest in Stratos Holdings, Inc. to Stratos Wireless Inc.; and (2) liquidating and removing
Stratos Preferred Investments, Inc. from the ownership chain. As a result of the corporate
reorganization, Stratos Holdings Inc. will become a wholly—owned subsidiary of Stratos
Wireless, Inc. and Stratos Holdings, Inc. will have direct control over Stratos Communications,
Inc.. This corporate reorganization is pro forma in nature because Stratos Global Corporation
will retain its indirect control over Stratos Communications, Inc. through its continued control
over Stratos Wireless, Inc. and Stratos Holdings, Inc.



Document Created: 2004-11-17 18:05:27
Document Modified: 2004-11-17 18:05:27

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