Attachment Exhibit E

This document pretains to SES-T/C-20140314-00151 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2014031400151_1039487

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 1 of 9 Exhibit E Related to Transferee Ownership Response to Item A20 on FCC Form 312-Schedule A Axesat, S.A., as applicant and license transferee, seeks Federal Communications Commission (“FCC” or “Commission”) consent to transfer control of the VSAT Network license, Call Sign e070238, from Satélites Mexicanos, S.A. de C.V. (“Satmex”) to Axesat, S.A. The VSAT Network licensee, Enlaces, offers satellite broadband service through a Time Division Multiplexing/Time Division Multiplexing Access (“TDM/TDMA”), including broadband Internet video, data and private network services to its customers. On October 25, 2013, Satélites Mexicanos, S.A. de C.V. (“Satmex”) and Holdsat México, S.A.P.I. de C.V. (“Holdsat”), the Mexican companies that together owned one hundred percent (100%) of the shares of Enlaces Integra, S. de R.L. de C.V. (“Enlaces”) signed a Stock Purchase Agreement with Axesat, S.A. and Ingux, S.A., under which (a) Axesat, S.A. would acquire directly all of the shares in Enlaces owned by Satmex and (b) Ingux, S.A. would acquire directly the single share in Enlaces owned by Holdsat. Progress towards consummation of the acquisition proceeded in parallel with the purchase of Satmex by Eutelsat S.A. (which was completed on January 1, 2014) and with the knowledge of Eutelsat S.A. personnel.1 The Stock Purchase Agreement is subject to Mexican regulatory approvals, and the parties to the Stock Purchase Agreement have filed requests for approval of the transaction with the relevant Mexican authorities. Approval is expected in April or May, 2014. Once the transaction is approved, Axesat, S.A., as owner of all of the shares of Ingux, S.A., will indirectly own all of the shares of Enlaces, making Enlaces a wholly owned subsidiary of Axesat, S.A. Axesat, S.A.’s satellite services include data, voice, video, hi-bandwidth internet, backhaul cellular, and business continuity solutions geared to businesses and corporations. Axesat, S.A.’s purchase of Enlaces is part of a broader strategy of expanding its operations in new markets in the Americas region. The investment in Enlaces was made possible by legislation passed last year in Mexico that permitted, for the first time in many decades, one hundred percent foreign direct ownership of companies offering certain telecommunications services to the Mexican market, including services involving the satellite industry. In addition to expansion into the United States and Mexico through the acquisition of Enlaces, Axesat, S.A. serves customers in Colombia, Chile, Peru, Ecuador, Panamá, Nicaragua and Guatemala from its headquarters in Bogota, Colombia and a network of subsidiaries and channel relationships serving Central and South America. Axesat, S.A. is currently in the process of opening subsidiaries in Ecuador and Peru which are expected to become operational in April or May, 2014. Axesat, S.A. submits this exhibit in response to Item A20 on FCC Form 312-Schedule A. Axesat, S.A. sets forth herein this exhibit a statement and organizational diagrams which identify 1 Press Release, Eutelsat S.A., Eutelsat Communications concludes acquisition of SATMEX (Jan. 2, 2014), available at http://www.eutelsat.com/en/news/2014/Eutelsat-Satmex.html.

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 2 of 9 the nature and extent of control including: the name, address, citizenship, and primary business of the controlling entity and any intermediate subsidiaries or parties, as well as the names, addresses, citizenship, and the percentages of voting and equity stock of those stockholders holding 10 percent or more of the controlling corporation’s voting stock. Two figures below demonstrate the current and pending ownership over Enlaces. Figure 1 represents the current ownership of Enlaces and had been submitted to the Commission with the prior application to transfer control of Enlaces in relation to the purchase of Satmex by Eutelsat S.A.2 Figure 2 represents Axesat, S.A.’s pending ownership over Enlaces that will be perfected after grant of the appropriate regulatory approvals related to the Stock Purchase Agreement. Axesat, S.A. is an alien corporation organized under the laws of Colombia and is owned directly by eleven shareholders: Enebro, S.A.S, Inversiones Sillar Segovia y Compañia S. en C, Bnova LP, ERAX, S.A.S, Mauricio Segovia Ospina, Liliana de Lima Bohmer, Felipe Ospina di Colloredo, Alejandra Ospina di Colloredo-Mels, María Andrea Lenis de Lima, Rodolfo Gedeon, and Enrique Ospina Sardi. The ratio of shares held in Axesat, S.A to voting rights in Axesat, S.A. is one-to-one. Four of the eleven shareholders are corporate shareholders and seven of the eleven shareholders are individuals. One of the four corporate shareholders—Bnova LP—is a limited partnership organized under the laws of the United States and owns 12.03% of the outstanding shares of Axesat, S.A. Three of the four corporate shareholders—Enebro, S.A.S, Inversiones Sillar Segovia y Compañia S. en C, and ERAX, S.A.S—are Colombian corporations and, together, they own 50.35% of the outstanding shares of Axesat, S.A. One of the seven individual shareholders—Alejandra Ospina di Colloredo-Mels—has dual-nationality in Colombia and Italy and owns 2.50% of the oustanding shares of Axesat, S.A. Two of the seven individual shareholders—Mauricio Segovia Ospina and Rodolfo Gedeon—are Colombian citizens, and, together, they own 19.25% of the outstanding shares of Axesat, S.A. Four of the seven individual shareholders—Liliana de Lima Bohmer, Felipe Ospina di Colloredo, María Andrea Lenis de Lima, and Enrique Ospina Sardi—have dual-nationality in Colombia and the United States, and together, they own 15.87% of the outstanding shares of Axesat, S.A. Direct ownership of Axesat, S.A. by alien corporations, alien individuals, and aliens who have dual- nationality amounts to 87.97 percent of the outstanding shares of Axesat, S.A. Please refer to Table 1 for detailed information on the direct ownership of Axesat, S.A. Indirect ownership of Axesat, S.A. is divided among the shareholders of the following four corporate shareholders: Enebro S.A.S., Inversiones Sillar Segovia Y Cia, S. en C, Bnova LP, and ERAX, S.A.S. As noted above, one of the four corporate shareholders—Bnova LP—is a limited partnership organized under the laws of the United States and three of the four corporate shareholders—Enebro, S.A.S, Inversiones Sillar Segovia y Compañia S. en C, and ERAX, S.A.S—are Colombian corporations. The ownership structures of these four corporate shareholders are provided below. Please refer to Table 2 for detailed information on the ownership structure of Enebro S.A.S. Please refer to Table 3 for detailed information on the 2 See Supplement to transf at 2, IBFS File No. SES-T/C-20130927-00860

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 3 of 9 ownership structure of Inversiones Sillar Segovia Y Cia, S. en C. Please refer to Table 4 for detailed information on the ownership structure of Bnova LP. Please refer to Table 5 for detailed information on the ownership structure of ERAX, S.A.S. Axesat, S.A. is a shareholder in two companies: Axesat Chile, S.A. and Ingux, S.A. Axesat Chile, S.A. and Ingux, S.A. are alien corporations. Axesat Chile, S.A. is a Chilean corporation. Please refer to Table 6 for detailed information on the ownership structure of Axesat Chile, S.A. Ingux, S.A. is a Panamanian corporation that is wholly owned by Axesat, S.A. If the proposed transfer of control is approved, the Enlaces VSAT Network license will be a wholly owned subsidiary of Axesat, S.A. with one share held indirectly through Ingux, S.A. in compliance with regulations in Mexico requiring companies to have more than one shareholder. Please refer to Table 7 for detailed information on the ownership structure of Ingux, S.A. The nationalities of the direct and indirect shareholders of Axesat, S.A. and the companies in which Axesat, S.A. is a shareholder are Colombia, Italy, the United States, Spain, Panama, and Chile, as detailed in the tables that follow. All of these countries are members of the World Trade Organization (“WTO”) for services covered under the World Trade Organization Basic Telecommunications. The address of Axesat, S.A. is Carrera 7 No. 71-52 Torre B 509, Bogotá, Colombia. The addresses for the shareholders owning 10% or more of Axesat, S.A. are as follows:  Calle 110 # 8-09, Bogotá, D.C. Colombia (address for Enebro, S.A.S)Carrera 9 NO. 113-52, OF 1501 Bogota, D.C. Colombia (address for Inversiones Sillar Segovia y Compañia S. en C)  P.O. Box 130490 The Woodlands, Texas, 77393 (address for Bnova LP)  Carrera 7 No. 71 - 52 Torre B Oficina 501 Bogotá, D.C. Colombia (address for ERAX, S.A.S)  Carrera 7 No. 71-52 Torre B 509, Bogotá, D.C. Colombia (address for Mauricio Segovia Ospina) Figure: Description Page Number Figure 1: Current Ownership over Enlaces ..................................................................................... 4 Figure 2: Pending Ownership over Enlaces .................................................................................... 5 Table: Description Page Number Table 1: Direct Ownership of Axesat, S.A. .................................................................................... 5 Table 2: Indirect Ownership of Axesat, S.A. – Ownership Structure of Enebro S.A.S. (Colombian Corporation) ................................................................................................................ 6 Table 3: Indirect Ownership of Axesat, S.A. – Ownership Structure of Inversiones Sillar Segovia Y Cia, S. en C. (Colombian Corporation) ....................................................................................... 7

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 4 of 9 Table 4: Indirect Ownership of Axesat, S.A. – Ownership Structure of Bnova LP (U.S. Limited Partnership) ..................................................................................................................................... 7 Table 5: Indirect Ownership of Axesat, S.A. – Ownership Structure of ERAX, S.A.S. (Colombian Corporation) ................................................................................................................ 8 Table 6: Axesat, S.A. is a Shareholder – Ownership Structure of Axesat Chile, S.A. (Chilean Corporation) .................................................................................................................................... 8 Table 7: Axesat, S.A. is a Shareholder – Ownership Structure of Ingux, S.A. (Panamanian Corporation) .................................................................................................................................... 9 Figure 1: Current Ownership over Enlaces

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 5 of 9 Figure 2: Pending Ownership over Enlaces Table 1: Direct Ownership of Axesat, S.A. Shareholder (Nationality) NUMBER VALUE (Pesos PERCENTAGE OF OF SHARES Colombianos) OUTSTANDING SHARES Enebro, S.A.S (Colombia) $715,308,000.00 13.33% 715,308 Inversiones Sillar Segovia y 936,552 $936,552,000.00 17.02% Compañia S. en C (Colombia) Bnova LP (USA) 661,874 $661,874,000.00 12.03% ERAX, S.A.S (Colombia) 1,118,692 20% $1,118,692,000.00 Mauricio Segovia Ospina 784,323 $784,323,000.00 14.25% (Colombia)

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 6 of 9 Liliana de Lima Bohmer 265,000 $265,000,000.00 4.82% (US/Colombia) Felipe Ospina di Colloredo 137,500 $137,500,000.00 2.50% (US/Colombia) Alejandra Ospina di 137,500 $137,500,000.00 2.50% Colloredo-Mels (Colombia/Italy) María Andrea Lenis de Lima 137,500 $137,500,000.00 2.50% (US/Colombia) Rodolfo Gedeon (Colombia) 275,118 $275,118,000.00 5% Enrique Ospina Sardi 333,003 $333,003,000.00 6.05% (US/Colombia) TOTAL 5,502,370 5,502,370,000.00 100.00% Table 2: Indirect Ownership of Axesat, S.A. – Ownership Structure of Enebro S.A.S. (Colombian Corporation) SHAREHOLDER NUMBER VALUE PERCENTAGE OF (Nationality) OF SHARES OUTSTANDING (Colombian SHARES Pesos) Camila Gómez Aranzazu 2,000 200,000,000 33.33% (Colombia) Marcela Gómez Aranzazu 2,000 200,000,000 33.33% (Colombia) Juan Gómez Aranzazu 2,000 200,000,000 33.33% (Colombia) TOTAL 6,000 600,000,000 100%

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 7 of 9 Table 3: Indirect Ownership of Axesat, S.A. – Ownership Structure of Inversiones Sillar Segovia Y Cia, S. en C. (Colombian Corporation) VALUE PERCENTAGE OF OUTSTANDING SHAREHOLDER NUMBER (Colombian SHARES (Nationality) OF SHARES Pesos) Mauricio Segovia Ospina 1,120 1,120,000 33.33% (Colombia) Jorge Segovia Ospina 1,120 1,120,000 33.33% (Colombia) Isabel Segovia Ospina 1,120 1,120,000 33.33% (Colombia) TOTAL 3,360 3,360,000 100% Table 4: Indirect Ownership of Axesat, S.A. – Ownership Structure of Bnova LP (U.S. Limited Partnership) SHAREHOLDER AMOUNT OF CAPITAL PERCENTAGE (Nationality) INVESTED (USD) OWNERSHIP Miguel Eduardo Rodríguez Barón (US/Colombia) $171,714.00 51.3% Ana María Restrepo Betancourt (US/Colombia) $162,890.00 48.7% TOTAL $334,604.00 100%

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 8 of 9 Table 5: Indirect Ownership of Axesat, S.A. – Ownership Structure of ERAX, S.A.S. (Colombian Corporation) SHAREHOLDER NUMBER VALUE PERCENTAGE OF (Nationality) OF SHARES OUTSTANDING SHARES (Colombian Pesos) ENEBRO, S.A.S (Colombia) 391,621 $391,621,000 16.32% INVERSIONES SILLAR 663,372 $663,372,000 27.64% SEGOVIA Y CIA S EN C (Colombia) BNOVA L.P (US) 362,366 $362,366,000 15.10% Mauricio Segovia Ospina 429,405 $429,405,000 17.89% (Colombia) Enrique Ospina Sardi 553,236 $553,236,000 23.05% (US/Colombia) TOTAL 2,400,000 $2,400,000,000 100.00% Table 6: Axesat, S.A. is a Shareholder – Ownership Structure of Axesat Chile, S.A. (Chilean Corporation) SHAREHOLDER NUMBER VALUE PERCENTAGE OF (Nationality) OF SHARES OUTSTANDING SHARES (Chilean Pesos) AXESAT, S.A. (Colombia) 1,800,000 $521,700,000.00 60%

FCC Forms 312 and 312-Schedule A Exhibit E Related to Transferee Ownership Page 9 of 9 PRONTO 1,200,000 $1,200,000.00 40% COMUNICACIONES LIMITADA (Chile) TOTAL 3,000,000 $522,900,000.00 100.00% Table 7: Axesat, S.A. is a Shareholder – Ownership Structure of Ingux, S.A. (Panamanian Corporation) Shareholder NUMBER VALUE (USD) PERCENTAGE OF OF SHARES OUTSTANDING SHARES AXESAT, S.A. (Colombia) $10,000.00 100% 100 TOTAL 100 $10,000.00 100%


Document Created: 2014-03-14 15:05:35
Document Modified: 2014-03-14 15:05:35
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