Attachment Response to Q 34

This document pretains to SES-T/C-20160412-00345 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2016041200345_1133210

                               Attachment 1 to IBFS Form 312
                        Application for Pro Forma Transfer of Control


                                  Response to Question No. 34

For a full description of the foreign ownership of the indirect disclosable interest holders, please
see the attached Petition for Declaratory Ruling that has been filed with the Federal
Communications Commission via the International Bureau Filing System.


                                                                       http://licensing.fcc.gov/myibfs/web/fileApplication.do?method=printPre...




         This is to confirm that, effective 4/11/2016, you have successfully filed a Section 310(b) Petition for
         Declaratory Ruling.

         For administrative purposes, File Number:    ISP-PDR-20160411-00006 has been assigned to
         this action.




1 of 1                                                                                                                     4/11/2016 10:27 PM


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


                                                )
In the Matter of                                )
                                                )
Sprint Corporation, on behalf of all            )            File No.
licensee subsidiaries thereof                   )
                                                )
Petition for Declaratory Ruling Under Section   )
310(b)(4) of the Communications Act, as Amended )
                                                )

                        PETITION FOR DECLARATORY RULING

       In 2013, the Federal Communications Commission (“FCC” or “Commission”) issued a

declaratory ruling concluding that it was in the public interest for the foreign ownership of Sprint

Corporation’s subsidiaries holding FCC licenses and authorizations (“Sprint” and the “Sprint

Licensees,” respectively) to exceed the 25% foreign ownership benchmark in section 310(b)(4)

of the Communications Act of 1934, as amended (the “Communications Act”).1 In addition, the

Commission granted authorization for SoftBank Group Corp. (“SoftBank”) and its shareholders

to indirectly own up to 100% of the Sprint Licensees.2




1
       47 U.S.C. § 310(b)(4).
2
        This declaratory ruling was issued in connection with the broader Sprint/SoftBank
transaction. Applications of SOFTBANK CORP., Starburst II, Inc., Sprint Nextel Corporation,
and Clearwire Corporation; For Consent to Transfer Control of Licenses and Authorizations;
Petitions for Reconsideration of Applications of Clearwire Corporation for Pro Forma Transfer
of Control, Memorandum Opinion and Order, Declaratory Ruling, and Order on
Reconsideration, 28 FCC Rcd 9642 (2013) (“Sprint/SoftBank Order”). Specifically, the ruling
was set forth in paragraph 124 of the FCC’s decision. Id. ¶ 124 (“Sprint/SoftBank Foreign
Ownership Grant”). Note that the names of several entities have changed since the initial grant,
including the following: (1) SOFTBANK CORP. is now SoftBank Group Corp.; and
(2) Starburst II, Inc. is now Sprint Corporation.


       Pursuant to that ruling, section 310(b)(4) of the Communications Act, and the FCC’s

implementing rules,3 Sprint, on behalf of the Sprint Licensees, now respectfully petitions the

Commission for a further finding that it would not serve the public interest to prohibit the

indirect foreign owners of the Sprint Licensees to undertake a pro forma internal restructuring, as

described herein.

I.     BACKGROUND AND BASIC DESCRIPTION OF OWNERSHIP

       All entities that hold common carrier authorizations as part of Sprint’s corporate structure

are U.S. subsidiaries of Sprint, a Delaware corporation. In keeping with the terms of the

Sprint/SoftBank Foreign Ownership Grant, the majority of Sprint’s equity and voting interests

ultimately are held by SoftBank, a Japanese entity. At this time, SoftBank wishes to undertake a

pro forma internal restructuring with respect to its intermediate and holding companies by

inserting a wholly owned Japanese subsidiary – BM Holdings GK – into the vertical ownership

chain between SoftBank and the holding companies in which its Sprint shares are currently held.

Under the rules adopted in the Commission’s 2013 Second Report and Order, no Commission

approval would be required for a pro forma transaction such as this one.4 Because the

Sprint/SoftBank Foreign Ownership Grant was not issued pursuant to the 2013 Second Report

and Order, however, Sprint hereby requests a new foreign ownership grant pursuant to these new

FCC rules.5 In doing so, Sprint notes that it will continue to be subject to the terms of the


3
       47 C.F.R. §§ 1.990 et seq.
4
       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, ¶ 83 (2013) (“Second Report and Order”); 47 C.F.R.
§ 1.994.
5
       The Commission adopted the new foreign ownership rules in April 2013, but these rules
were not yet effective when the Commission issued the Sprint/SoftBank Foreign Ownership
Grant in July 2013. See generally Second Report and Order; see also id. ¶ 138 (“We do not


                                                 2


National Security Agreement entered into as part of the Sprint/SoftBank transaction and that BM

Holdings GK will be automatically covered by that agreement.

       Additional information regarding SoftBank, BM Holdings GK, and other parties that hold

a disclosable interest in Sprint is outlined in the appendices to this Petition for Declaratory

Ruling (“Petition”). In particular, Appendix A provides a narrative description of the indirect

ownership and control structure of Sprint and its foreign holders. Appendix B provides

ownership diagrams that illustrate Sprint’s vertical ownership structure, and Appendix C lists

each Sprint Licensee. Finally, Appendix D sets forth additional information regarding the

proposed pro forma reorganization and how it serves the public interest.

II.    INFORMATION REQUIRED BY SECTION 1.991

       Pursuant to section 1.991 of the Commission’s rules,6 Sprint submits the following

information in support of the instant Petition.

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

Name: Sprint Corporation7
FCC Registration Number: 0022117618
Mailing Address:       c/o Richard Engelman
                       900 7th Street NW, Suite 700, Washington, DC 20001
Place of Organization: Delaware, United States



adopt a rule that changes the terms and conditions of existing foreign ownership rulings issued
prior to the effective date of the rules adopted in this proceeding.”); Review of Foreign
Ownership Policies for Common Carrier and Aeronautical Radio Licensees, 78 FR 41313 (July
10, 2013) (setting the effective date of the foreign ownership rules as Aug. 9, 2013).
6
       47 C.F.R. § 1.991.
7
        The names and FCC registration numbers of the Sprint Licensees are outlined in
Appendix C. Note that the other contact and certification information supplied for Sprint also
applies to each Sprint Licensee for purposes of the instant Petition. Finally, as noted above, each
of the Sprint Licensees is organized in the United States.


                                                  3


Telephone Number: (703) 433-8124
Facsimile Number: (202) 585-1940
Electronic Mail Address: Richard.2.Engelman@Sprint.com
Type of Business Organization: Corporation
Name and Title of Certifying Officer: Vonya B. McCann
                                      Senior Vice President of Government Affairs

         (b)    Contact Information for Legal Counsel

Name: Emily Daniels
Firm: Lawler, Metzger, Keeney & Logan, LLC
Mailing Address:       1717 K Street, NW, Suite 1075
                       Washington, DC 20006
Telephone Number: (202) 777-7723
Electronic Mail Address: edaniels@lawlermetzger.com

         (c)    Type of Authorizations and Associated Applications

         As discussed more extensively in Appendix D, the instant Petition was prompted by a

planned pro forma restructuring of SoftBank’s intermediate and holding companies. In

connection with this restructuring, Sprint intends to file a series of pro forma transfer of control

applications on or around April 11, 2016 for authorizations held on a non-common carrier basis,

which are not subject to the limitations of 47 U.S.C. § 310(b)(4), as well as with respect to

transmitting satellite earth stations held by the Sprint Licensees. Consistent with the

Commission’s rules, Sprint also intends to file a series of post-closing notifications with the FCC

regarding the authorizations that the Sprint Licensees hold on a common carrier basis,

including receive-only satellite earth stations. A list of the current Sprint Licensees, and the

types of authorizations held by each, is included in Appendix C.

         (d)    Type of Declaratory Ruling Requested

         Sprint requests a declaratory ruling pursuant to section 1.990(a)(1) of the Commission’s

rules.

                                                  4


    (e)/(g) Holders of Direct Interests of 10% or More or a Controlling Interest in the
            Controlling U.S. Parent of the Petitioning Applicant

           (1)     Name: Starburst I, Inc.
                   Interest Held: 77.5% equity interest in Sprint (the controlling U.S.
                           parent of the Sprint Licensees); treated as holding
                           100% voting interest in Sprint pursuant to the
                           FCC’s rules8
                   Place of Organization: United States
                   Type of Business Organization: Corporation
                   Principal Business: Investment holding company

           (2)     Name: Masayoshi Son
                   Interest Held: Chairman of the Board of Sprint
                   Citizenship: Japan

           (3)     Name: Ronald Fisher
                   Interest Held: Vice Chairman of the Board of Sprint
                   Citizenship: United States

           (4)     Name: Raul Marcelo Claure
                   Interest Held: Member of the Board, President, and Chief
                           Executive Officer of Sprint
                   Citizenship: United States

           (5)     Name: Nikesh Arora
                   Interest Held: Member of the Board of Sprint
                   Citizenship: United States

           (6)     Name: Robert Bennett
                   Interest Held: Member of the Board of Sprint
                   Citizenship: United States

           (7)     Name: Gordon Bethune
                   Interest Held: Member of the Board of Sprint
                   Citizenship: United States



8
    47 C.F.R. § 1.992(b)(2)(i).


                                             5


               (8)    Name: Julius Genachowski
                      Interest Held: Member of the Board of Sprint
                      Citizenship: United States

               (9)    Name: Michael Mullen
                      Interest Held: Member of the Board of Sprint
                      Citizenship: United States

               (10)   Name: Sara Martinez Tucker
                      Interest Held: Member of the Board of Sprint
                      Citizenship: United States

       (f)/(g) Holders of Indirect Interests of 10% or More or a Controlling Interest in the
               Controlling U.S. Parent of the Petitioning Applicant

               (1)    Name: BM Holdings GK9
                      Interest Held: 60.5% indirect equity interest in Sprint through Starburst I,
                                     Inc. (54.6%) and Galaxy Investment Holdings, Inc. (5.9%);
                                     treated as holding 100% indirect voting interest in Sprint
                                     pursuant to FCC rules10
                      Place of Organization: Japan
                      Type of Business Organization: Godo kaisha11
                      Principal Business(es): Investment holding company12




9
        On March 31, 2016, it was resolved to change BM Holdings GK’s name to SoftBank
International GK. Formal registration of the name change remains pending.
10
       See note 8 supra.
11
       A godo kaisha is a Japanese company analogous to a U.S. limited liability company,
which offers limited liability to its members.
12
        This entity also is authorized to conduct other business, including: information provision
services; information processing services; acquiring, holding and managing securities;
advertising agency services; and any business related to or incidental to the foregoing.


                                                6


               (2)    Name: SoftBank Group Corp.
                      Interest Held: 83.4% indirect equity interest in Sprint through BM
                                     Holdings GK (60.5%) and Starburst I, Inc. (22.9%); treated
                                     as holding 100% indirect voting interest in Sprint pursuant
                                     to FCC rules13
                      Place of Organization: Japan
                      Type of Business Organization: Kabushiki kaisha14
                      Principal Business: Holding company

               (3)    Name: Masayoshi Son
                      Interest Held: 19.3% indirect equity interest in Sprint through SoftBank
                                     Group Corp.; treated as holding 23.1% indirect voting
                                     interest in Sprint pursuant to FCC rules15
                      Citizenship: Japan

       (h)(1) Estimate of Aggregate Foreign Ownership

       Subsection (h)(1) of FCC rule section 1.991 requires Sprint to provide information

regarding how grant of the Petition would be in the public interest, as well as certain information

regarding aggregate ownership information. With respect to the former, a statement addressing

the circumstances that prompted filing of the instant Petition and demonstrating that the public

interest would be served by grant of the Petition is set forth in Appendix D.

       With respect to aggregate foreign ownership, the Commission already determined in the

Sprint/SoftBank Foreign Ownership Grant that “it would not serve the public interest to prohibit

the indirect foreign ownership of the Licensee Subsidiaries in excess of the 25% benchmark in

section 310(b)(4) of the Act.”16 In doing so, the Commission specifically contemplated that


13
       See note 8 supra.
14
       A kabushiki kaisha is a Japanese joint stock corporation, analogous to a U.S. C
corporation.
15
       See note 8 supra.
16
       Sprint/SoftBank Foreign Ownership Grant.


                                                 7


SoftBank could hold up to a 100% indirect interest in the Sprint Licensees and accounted for the

introduction of additional aggregate foreign ownership:

        [T]his ruling permits the Licensee Subsidiaries to be 100 percent owned
        indirectly, as a result of the foreign ownership interests held in Sprint, the
        controlling U.S. parent of the Licensee Subsidiaries, upon closing, by SoftBank
        (individually) and by SoftBank’s shareholders (collectively, including Mr. Son).
        The Licensee Subsidiaries may accept up to and including an additional,
        aggregate 25 percent equity and/or voting interests from these foreign investors
        and other foreign investors without seeking prior Commission approval, subject to
        the following conditions. First, the Licensee Subsidiaries shall obtain prior
        Commission approval before any foreign individual or entity acquires a direct or
        indirect equity and/or voting interest in post-transaction Sprint in excess of 25
        percent. Second, the Licensee Subsidiaries shall obtain prior Commission
        approval before Sprint’s direct or indirect equity and/or voting interests from non-
        WTO Member countries (including interests from unidentified investors) post-
        transaction exceed 25 percent.17

As set forth in Appendix E, Sprint certifies that it is in compliance with the conditions

specified in the Sprint/SoftBank Foreign Ownership Grant.

        (h)(2) Ownership and Control Structure

        As required by section 1.991(h)(2) of the Commission’s rules, Appendix A provides a

narrative description of the ownership and control structure of Sprint and its foreign holders. In

addition, Appendix B provides ownership diagrams that illustrate Sprint’s vertical ownership

structure.




17
        Id.


                                                 8


       (i)/(j) Requests for Specific Approval

               (1)     Name: BM Holdings GK
                       Interest Held: 60.5% indirect equity interest in Sprint through Starburst I,
                                      Inc. (54.6%) and Galaxy Investment Holdings, Inc. (5.9%);
                                      treated as holding 100% indirect voting interest in Sprint
                                      pursuant to FCC rules18
                       Place of Organization: Japan
                       Type of Business Organization: Godo kaisha19
                       Principal Business(es): Investment holding company20

               (2)     Name: SoftBank Group Corp.
                       Interest Held: 83.4% indirect equity interest in Sprint through BM
                                      Holdings GK (60.5%) and Starburst I, Inc. (22.9%); treated
                                      as holding 100% indirect voting interest in Sprint pursuant
                                      to FCC rules21
                       Place of Organization: Japan
                       Type of Business Organization: Kabushiki kaisha22
                       Principal Business: Holding company23

               (3)     Name: Masayoshi Son
                       Interest Held: 19.3% indirect equity interest in Sprint through SoftBank
                                      Group Corp.; treated as holding 23.1% indirect voting
                                      interest in Sprint pursuant to FCC rules24
                       Citizenship: Japan
                       Principal Business: Communications and technology

18
       See note 8 supra.
19
       See note 11 supra.
20
        See note 12 supra. Information regarding the entities that hold, directly and indirectly,
10% or more of the equity and/or voting interests, or a controlling interest, in BM Holdings GK
is described in narrative form in Appendix A and depicted in the diagrams in Appendix B.
21
       See note 8 supra.
22
       See note 14 supra.
23
        Information regarding the entities that hold, directly and indirectly, 10% or more of the
equity and/or voting interests, or a controlling interest, in SoftBank Group Corp. is described in
narrative form in Appendix A and depicted in the diagrams in Appendix B.
24
       See note 8 supra.


                                                 9


III.   CONCLUSION

       For the reasons set forth herein and in the associated appendices, Sprint respectfully

requests that the Commission issue a declaratory ruling permitting the insertion of a new wholly

owned SoftBank subsidiary, BM Holdings GK, into the vertical ownership chain between

SoftBank and the holding companies in which its Sprint shares are currently held, subject to

standard conditions25 and the governing National Security Agreement. Pursuant to the

Commission’s rules, Sprint also respectfully requests advance approval for BM Holdings GK to

increase its interests up to and including 100 percent of Sprint’s direct and/or indirect equity

and/or voting interests.26

                                                   Respectfully submitted,

                                                   /s/ Richard B. Engelman
Regina M. Keeney                                   Richard B. Engelman
Emily J. H. Daniels                                Director, Legal and Government Affairs
LAWLER, METZGER, KEENEY & LOGAN, LLC               SPRINT CORPORATION
1717 K Street NW, Suite 1075                       900 7th Street NW, Suite 700
Washington, DC 20006                               Washington, DC 20001
(202) 777-7700                                     (703) 433-8124
edaniels@lawlermetzger.com

Counsel for Sprint Corporation

Dated: April 11, 2016




25
       See, e.g., 47 C.F.R. § 1.994.
26
       Id. § 1.991(k)(1).


                                                 10


                                            APPENDIX A

                          NARRATIVE OWNERSHIP DESCRIPTION

         Sprint. Sprint Corporation (“Sprint”), a U.S. entity, is the parent company of all entities

within Sprint’s corporate structure, including all operating companies, holding companies, and

subsidiaries with FCC licenses and authorizations (the “Sprint Licensees”).

        Control. Sprint is controlled by a ten-member Board of Directors. Masayoshi Son, the
         Chairman of the Board, is a Japanese citizen. The remaining eight members of the Board
         are U.S. citizens. One board seat is currently vacant.

        Equity and Voting. Following the proposed transaction, SoftBank Group Corp.
         (“SoftBank”) will hold an indirect 83.4% equity and, for FCC rule purposes, 100% voting
         interest in Sprint, as outlined below. Other than the parties outlined below, no other
         foreign individuals or entities hold a greater than 5% interest in Sprint and no other
         individuals or entities hold a 10% or greater equity or voting interest in Sprint, whether
         calculated directly or indirectly. In particular, the remaining 16.6% of Sprint’s
         outstanding stock is widely held by diverse shareholders, none of which are foreign
         individuals or entities that hold a greater than 5% equity or voting interest in Sprint, and
         none of which are individuals or entities that hold a 10% or greater equity or voting
         interest in Sprint.

         Holding Companies. After the proposed reorganization, SoftBank proposes to hold its

83.4% equity and, for FCC rule purposes, 100% voting interest in Sprint indirectly as follows.

        Starburst I, Inc. (“Starburst I”), a U.S. corporation, holds a 77.5% equity and, for FCC
         rule purposes, 100% voting interest in Sprint. Following the proposed reorganization,
         29.6% of Starburst I’s equity interests (i.e., a 22.9% equity interest in Sprint) will be held
         directly by SoftBank. The remaining 70.4% of Starburst I’s equity interests (i.e., 54.6%
         of Sprint’s equity interests) will be held by BM Holdings GK, a Japanese godo kaisha.27
         In turn, BM Holdings GK is a wholly owned subsidiary of SoftBank, and SoftBank
         controls, and is the sole member of, BM Holdings GK. Pursuant to the FCC’s rules,28
         Starburst I and BM Holdings GK are each deemed to hold an indirect 100% voting
         interest in Sprint.




27
        A godo kaisha is Japanese company analogous to a U.S. limited liability company, which
offers limited liability to its members.
28
         47 C.F.R. § 1.992(b)(2)(i).


        Galaxy Investment Holdings, Inc. (“Galaxy”), a U.S. corporation, holds a 5.9% equity
         and voting interest in Sprint. Following the restructuring, Galaxy will be a wholly owned
         subsidiary of BM Holdings GK.

         SoftBank. SoftBank – a Japanese kabushiki kaisha29 – is controlled by a nine-member

Board of Directors. Masayoshi Son, the Chairman of the Board, is a Japanese citizen, as are four

other board members. Of the remaining four board members, three are U.S. citizens, and one is a

Chinese citizen. With respect to equity and voting interests, SoftBank is widely held.

Masayoshi Son is the Chief Executive Officer of SoftBank, and also holds a 23.1% equity and

voting interest in SoftBank (i.e., a 19.3% indirect equity and, for FCC rule purposes, a 23.1%

indirect voting interest in Sprint). No other individual or entity holds a 10% or greater equity or

voting interest in SoftBank.




29
       A kabushiki kaisha is a Japanese joint stock corporation, analogous to a U.S. C
corporation.


                                                 2


         APPENDIX B

OWNERSHIP STRUCTURE DIAGRAMS


                                                                                    Current
                                                  Pre—Reorganization Ownership Structure*
       Board of Directors

Masayoshi Son, Chairman (Japan)
  Nikesh Arora (United States)
     Ken Miyauchi (Japan)
 Ronald Fisher (United States)                                                   ',:’;fézi:
        ang uiD                                   WEeeeyc                         Below
   Manabu Miyasaka (Japan)                            3A                        e
     Tadashi Yanai (Japan)                                                      Threshold
 Mark Schwartz (United States)                                 regs:
  Shigenobu Nagamori (Japan)
                                                           23.1% Voting &               76.9% Voting &                                  Board of Directors
                 Controlling Interest                      Equity                       Equity
                                                                                                                                Masayoshi Son, Chairman (Japan)
                                                                                                                           Ronald Fisher, Vice Chairman (United States)
                                        SoftBank Group Corp.                                                                   Raul Marcelo Claure (United States)
                                                                                        Japan                                      Nikesh Arora (United States)
                                                                                                         Interest
                                                                                                                                 Robert Bennett (United States)
          100%Voting & Equity                                       100%Voting & Equity                  Holders
                                                                                                                                 Gordon Bethune (United States)
                                                                                                         Below
                                                                                                                               Julius Genachowski (United States)
                                                                                                     Reporting
                                                                                                                                 Michae! Mullen (United States)
                                                            Galaxy Investment                        Threshold                Sara Martinez Tucker (United States)
                 Starburst I, Inc.                                     &
                                         Hli¢z+
                                                               Holdings, Inc.         United
                                         States                                        States
                                                                                                           16.6% Voting & Equity             Controlling Interest
                                                                    5.9% Voting & Equity


                                                                     Sprint Corporation
                                                                                                                                              United States

                                                        100% Voting & Equity

                                                                    Holding Companies
                                                                                                                                    United States
                                                       100%Voting & Equity


                                                                     Sprint Licensees
                                                                                                                             United States


 *For the purposes of these diagrams, Sprint provides actual voting interests, and does not treat a voting interest equal to or exceeding 50% as if it were a
 100% interest. Cf. 47 C.F.R. § 1.992(b)(2)(i).


                                                      Post—Reorganization Ownership Structure*
          Board of Directors

 Masayoshi Son, Chairman (Japan)
   Nikesh Arora (United States)
       Ken Miyauchi (Japan)
   Ronald Fisher (United States)
         Yun Ma (China)                                Masayoshi                     Interest Holders
                                                                                                   _
     Manabu Miyasaka (Japan)                               Son                       Below Reporting
        Tadashi Yanai (Japan)                                                          css
   Mark Schwartz (United States)
    Shigenobu Nagamori (Japan)                                      ie

                       retmaran                                  2319voting                        reguvene6
                                                                                                                                          Board of Directors
                                         SoftBank Group Corp.                                                                         in
                                                                                                                                Masayoshi Son, Chairman (Japan)
                             100%Voting & Equity                                                                          Ronald Fisher, Vice Chairman (United States)
                             (Controlling Interest)                                                                           Raul Marcelo Claure (United States)
                                                                                                                                     Nikesh Arora (United States)
                                          BM Holdings GK
                                                       6                                                 Interest                   Robert Bennett (United States)
29.6% Voting   &         70.4% Voting        '                                                           Gramc
                                                                                                           D(E                                         ~
                                                                                                                                 (ls.ordon Be;hunek(Unltgdjtates)
Equit                    £ Equity                                                                                              Julius Genachowski (United States)
                                                                                                        Reporting                Michael Mullen (United States)
                                                                 Galaxy Investment                      ols                   Sara Martinez Tucker (United States)
                   Starburst I, Inc.      T Tr                          —
                                                                   Holdings, Inc..      B
                                                                                        m
                                          States                                          States

                                                                       5.9% Voting & Equity                 16.6% Voting & Equity             Controlling Interest


                                                                       Sprint Corporation
                                                                                                                                                United States

                                                            100%Voting & Equity

                                                                     Holding Companies
                                                                                                                                      United States
                                                            100%Voting & Equity


                                                                       Sprint Licensees
                                                                                                                            United States


  *For the purposes of these diagrams, Sprint provides actual voting interests, and does not treat a voting interest equal to or exceeding 50% as if it were a
  100% interest. Cf. 47 C.F.R.§ 1.992(b)(2)(i).


                                         APPENDIX C

  WHOLLY OWNED SUBSIDIARIES OF SPRINT CORPORATION HOLDING FCC
            LICENSES, LEASES, AND AUTHORIZATIONS

         Company Name                    FRN          Radio Service(s) (Radio Service Code)
                                                         and/or Other Authorization(s)

 Alda Wireless Holdings, LLC         0004340436      BRS, Broadband Radio Service (BR)
                                                     EBS, Educational Broadband Service
                                                     Leases (ED)

 American Telecasting                0001606201      BRS, Broadband Radio Service (BR)
 Development LLC                                     EBS, Educational Broadband Service
                                                     Leases (ED)

 American Telecasting of Yuba        0004922985      BRS, Broadband Radio Service (BR)
 City, LLC                                           EBS, Educational Broadband Service
                                                     Leases (ED)

 American Telecasting of             0004384632      EBS, Educational Broadband Service and
 Anchorage, LLC*                                     EBS Leases (ED)

 American Telecasting of Bend,       0001605674      EBS, Educational Broadband Service (ED)
 LLC*

 American Telecasting of             0003775822      BRS, Broadband Radio Service (BR)
 Columbus, LLC                                       EBS, Educational Broadband Service
                                                     Leases (ED)

 American Telecasting of             0004357141      EBS, Educational Broadband Service
 Denver, LLC*                                        Leases (ED)

 American Telecasting of Fort        0008146763      EBS, Educational Broadband Service
 Myers, LLC*                                         Leases (ED)

 American Telecasting of Ft.         0001606284      BRS, Broadband Radio Service (BR)
 Collins, LLC                                        EBS, Educational Broadband Service
                                                     Leases (ED)


*      In the interest of completeness, all Sprint subsidiaries holding licenses or other FCC
authorizations are listed herein. Those entities that currently hold only non-common carrier
authorizations are denoted with an asterisk.


       Company Name                 FRN        Radio Service(s) (Radio Service Code)
                                                  and/or Other Authorization(s)

American Telecasting of Green    0004384699   BRS, Broadband Radio Service (BR)
Bay, LLC                                      EBS, Educational Broadband Service
                                              Leases (ED)

American Telecasting of          0003775418   BRS, Broadband Radio Service (BR)
Lansing, LLC                                  EBS, Educational Broadband Service
                                              Leases (ED)

American Telecasting of          0004357166   BRS, Broadband Radio Service (BR)
Lincoln, LLC                                  EBS, Educational Broadband Service
                                              Leases (ED)

American Telecasting of Little   0004384731   EBS, Educational Broadband Service
Rock, LLC*                                    Lease (ED)

American Telecasting of          0004384236   EBS, Educational Broadband Service
Louisville, LLC*                              Leases (ED)

American Telecasting of          0001605740   BRS, Broadband Radio Service (BR)
Medford, LLC                                  EBS, Educational Broadband Service
                                              Licenses and Leases (ED)

American Telecasting of          0003790797   BRS, Broadband Radio Service (BR)
Michiana, LLC                                 EBS, Educational Broadband Service
                                              Leases (ED)

American Telecasting of          0001606268   BRS, Broadband Radio Service and Lease
Monterey, LLC                                 (BR)

American Telecasting of          0004357182   BRS, Broadband Radio Service (BR)
Redding, LLC                                  EBS, Educational Broadband Service
                                              Licenses and Leases (ED)

American Telecasting of Santa    0008146995   EBS, Educational Broadband Service
Barbara, LLC*                                 Leases (ED)

American Telecasting of Seattle, 0004346003   BRS, Broadband Radio Service (BR)
LLC                                           EBS, Educational Broadband Service
                                              Leases (ED)



                                          2


       Company Name                 FRN        Radio Service(s) (Radio Service Code)
                                                  and/or Other Authorization(s)

American Telecasting of          0004907267   EBS, Educational Broadband Service
Sheridan, LLC*                                Leases (ED)

APC PCS, LLC                     0002147304   PCS Broadband (CW)

APC Realty and Equipment         0004678009   Point to Point Microwave (CF)
Company, LLC

ATI Sub, LLC                     0017806043   BRS, Broadband Radio Service (BR)
                                              EBS, Educational Broadband Service
                                              Leases (ED)

ATL MDS, LLC                     0017700493   BRS, Broadband Radio Service (BR)
                                              EBS, Educational Broadband Service (ED)

Broadcast Cable, LLC             0003790771   BRS, Broadband Radio Service (BR)
                                              EBS, Educational Broadband Service
                                              Leases (ED)

Clearwire Hawaii Partners        0015526551   BRS, Broadband Radio Service (BR)
Spectrum LLC                                  EBS, Educational Broadband Service
                                              Leases (ED)
                                              Point to Point Microwave (CF)

Clearwire Spectrum Holdings II   0015316904   BRS, Broadband Radio Service (BR)
LLC                                           EBS, Educational Broadband Service
                                              Leases and Subleases(ED)
                                              Point to Point Microwave (CF)

Clearwire Spectrum Holdings      0018399998   BRS, Broadband Radio Service (BR)
III, LLC                                      EBS, Educational Broadband Service
                                              Leases and Subleases (ED)
                                              Point to Point Microwave (CF)




                                          3


       Company Name               FRN        Radio Service(s) (Radio Service Code)
                                                and/or Other Authorization(s)

Clearwire Spectrum Holdings    0013892427   BRS, Broadband Radio Service (BR)
LLC                                         EBS, Educational Broadband Service
                                            Leases (ED)
                                            Point to Point Microwave (CF)

Fixed Wireless Holdings, LLC   0010490498   BRS, Broadband Radio Service (BR)
                                            EBS, Educational Broadband Service
                                            Leases (ED)
                                            Point to Point Microwave (CF)
                                            Local Multipoint Distribution Service (LD)
                                            Cable Television Relay Service (CARS)

Fresno MMDS Associates,        0004357232   EBS, Educational Broadband Service
LLC*                                        Leases (ED)

Helio, LLC                     0013213178   International 214 authorization

Horizon Personal               0003018025   PCS Broadband (CW)
Communications, Inc.

Kennewick Leasing, LLC*        0004927430   EBS, Educational Broadband Service
                                            Leases (ED)

Louisiana Unwired, LLC         0004547493   PCS Broadband (CW)

Nextel Communications of the   0002154086   1910-1915/1990-1995 MHz Bands, Market
Mid-Atlantic, Inc.                          Area (CY)
                                            Point to Point Microwave (CF)
                                            800 MHz (GE, GX, YB, YC, YH & YX)
                                            Satellite Earth Stations

Nextel Communications, Inc.    0012468146   International 214 authorization




                                        4


        Company Name             FRN        Radio Service(s) (Radio Service Code)
                                               and/or Other Authorization(s)

Nextel of California, Inc.    0003293511   1910-1915/1990-1995 MHz Bands, Market
                                           Area (CY)
                                           Industrial/Business Pool, Conventional
                                           (IG)
                                           Point to Point Microwave (CF)
                                           800 MHz (GB, GJ, GM, GO, GP, GX, YB,
                                           YC, YE, YH, YM, YO, YP & YX)

Nextel of New York, Inc.      0003293537   1910-1915/1990-1995 MHz Bands, Market
                                           Area (CY)
                                           Point to Point Microwave (CF)
                                           800 MHz (GE, GJ, GX, YC, YE, YH, YJ
                                           & YX)

Nextel of Puerto Rico, Inc.   0004335196   1910-1915/1990-1995 MHz Bands, Market
                                           Area (CY)
                                           800 MHz (YC, YM & YX)

Nextel of Texas, Inc.         0001680552   1910-1915/1990-1995 MHz Bands, Market
                                           Area (CY)
                                           Point to Point Microwave (CF)
                                           800 MHz (GE, GX, YC, YE, YH, YM &
                                           YX)

Nextel Partners, Inc.         0005016514   International 214 authorization

Nextel South Corp.            0001835479   1910-1915/1990-1995 MHz Bands, Market
                                           Area (CY)
                                           Point to Point Microwave (CF)
                                           800 MHz (GJ, GO, GX, YC, YH, YJ &
                                           YX)




                                       5


       Company Name                 FRN        Radio Service(s) (Radio Service Code)
                                                  and/or Other Authorization(s)

Nextel West Corp.                0001608363   1910-1915/1990-1995 MHz Bands, Market
                                              Area (CY)
                                              Point to Point Microwave (CF)
                                              Microwave Industrial/Business Pool (MG)
                                              800 MHz (GB, GE, GJ, GM, GX, YC, YE,
                                              YH, YJ, YM, YO & YX)

Northern PCS Services, LLC       0012168811   Point to Point Microwave (CF)

NPCR, Inc.                       0010584589   Point to Point Microwave (CF)
                                              800 MHz (GM, GX, YC, YH & YX)

NSAC, LLC                        0003768553   BRS, Broadband Radio Service (BR)
                                              EBS, Educational Broadband Service
                                              Licenses, Leases and Subleases (ED)
                                              Point to Point Microwave (CF)
                                              Local Multipoint Distribution Service
                                              Leases (LD)

PCTV Gold II, LLC                0003573672   BRS, Broadband Radio Service (BR)
                                              EBS, Educational Broadband Service (ED)

PCTV Sub, LLC*                   0017806118   EBS, Educational Broadband Service
                                              Leases (ED)

People's Choice TV Corp.         0004924197   Local Television Transmission (CT)

People's Choice TV of            0007033053   BRS, Broadband Radio Service (BR)
Albuquerque, LLC                              EBS, Educational Broadband Service and
                                              Leases (ED)

People's Choice TV of Houston,   0008148603   EBS, Educational Broadband Service and
LLC*                                          Leases (ED)

People's Choice TV of St.        0008150286   EBS, Educational Broadband Service and
Louis, LLC*                                   Leases (ED)




                                          6


       Company Name               FRN        Radio Service(s) (Radio Service Code)
                                                and/or Other Authorization(s)

PhillieCo, LLC                 0002317246   PCS Broadband (CW)
                                            Point to Point Microwave (CF)


                               0025397795
PhillieCo, LLC                              International 214 authorization


SCC X, LLC                     0017700527   BRS, Broadband Radio Service (BR)

Southwest PCS, LLC             0001696053   Point to Point Microwave (CF)

SpeedChoice of Detroit, LLC    0008151375   BRS, Broadband Radio Service (BR) and
                                            Educational Broadband Service (ED)
                                            Subleases

SpeedChoice of Phoenix, LLC*   0008151458   EBS, Educational Broadband Service and
                                            Leases (ED)

Sprint (Bay Area), LLC         0001800184   BRS, Broadband Radio Service Licenses
                                            and Lease (BR)

Sprint Communications          0002529659   Aircraft (AC)
Company, L.P.                               Point to Point Microwave (CF)
                                            Industrial/Business Pool, Conventional
                                            (IG)
                                            Microwave Industrial/Business Pool (MG)
                                            3650-3700 MHz (NN)
                                            International 214 authorization
                                            Satellite Earth Stations

Sprint PCS License, L.L.C.     0002963684   PCS Broadband (CW)

Sprint Spectrum, L.P.          0005072970   BRS, Broadband Radio Service (BR)
                                            PCS Broadband (CW)
                                            Point to Point Microwave (CF)
                                            EBS, Educational Broadband Service (ED)
                                            International 214 authorization



                                        7


       Company Name              FRN        Radio Service(s) (Radio Service Code)
                                               and/or Other Authorization(s)

Sprint Telephony PCS, L.P.    0002963965   Point to Point Microwave (CF)

Sprint/United Management      0012852471   Industrial/Business Pool, Conventional
Company                                    (IG)

SprintCom, Inc.               0002315950   PCS Broadband (CW)
                                           Point to Point Microwave (CF)
                                           EBS, Educational Broadband Service
                                           Lease (ED)
                                           Millimeter Wave 70/80/90 GHz Service
                                           (MM)
                                           International 214 authorization

TDI Acquisition Sub, LLC      0017806084   BRS, Broadband Radio Service (BR)
                                           EBS, Educational Broadband Service
                                           Lease (ED)

Texas Telecommunications,     0003802956   Point to Point Microwave (CF)
LLC

Transworld Telecom II, LLC*   0017806068   EBS, Educational Broadband Service
                                           Lease (ED)

UbiquiTel Leasing Company     0007488323   Point to Point Microwave (CF)

US Telecom, Inc.              0004372843   International 214 authorization

Virgin Mobile USA, L.P.       0006901011   International 214 authorization

Washington Oregon Wireless,   0003800729   Point to Point Microwave (CF)
LLC

WBS of America, LLC*          0017806076   EBS, Educational Broadband Service
                                           Lease (ED)

WBS of Sacramento, LLC*       0004927539   EBS, Educational Broadband Service
                                           Lease (ED)

WBSFP Licensing LLC           0004357240   BRS, Broadband Radio Service (BR)




                                       8


       Company Name                 FRN        Radio Service(s) (Radio Service Code)
                                                  and/or Other Authorization(s)

WBSY Licensing LLC               0004357273   BRS, Broadband Radio Service (BR)
                                              EBS, Educational Broadband Service and
                                              Leases (ED)

WCOF, LLC*                       0017700568   EBS, Educational Broadband Service
                                              Leases (ED)

Wireless Broadband Services of   0002834505   Point to Point Microwave (CF)
America, LLC                                  EBS, Educational Broadband Service
                                              Lease (ED)

WirelessCo, LLC                  0002316545   Point to Point Microwave (CF)
                                              PCS Broadband (CW)




                                          9


                                           APPENDIX D

               CIRCUMSTANCES PROMPTING FILING
 AND SHOWING THAT GRANT OF THIS PETITION IS IN THE PUBLIC INTEREST

       Reason for Filing. On March 7, 2016, SoftBank Group Corp.’s (“SoftBank’s”) Board of

Directors resolved to reorganize SoftBank’s intermediate and holding companies. As part of this

internal restructuring, SoftBank intends to insert a wholly owned subsidiary – BM Holdings GK

– into the vertical ownership chain between SoftBank and the holding companies in which its

shares in Sprint Corporation (“Sprint”) are currently held (i.e., Starburst I, Inc. (“Starburst I”)

and Galaxy Investment Holdings, Inc. (“Galaxy”)). Specifically, and subject to all necessary

regulatory approvals, SoftBank plans to transfer 100% of Galaxy’s shares and approximately

70.4% of SoftBank’s interest in Starburst I to BM Holdings GK.30 There will be no changes to

SoftBank’s stock, or to the ultimate ownership of SoftBank’s voting or equity interests in Sprint,

as a result of the proposed transaction. Likewise, SoftBank’s reorganization will have no impact

on Sprint’s operations, ultimate ownership, or ultimate control.

       Public Interest Showing. The Federal Communications Commission (“Commission”)

has long recognized the public interest benefits of foreign investment. For example, the

Commission has concluded that the public interest would be served by permitting such foreign

ownership, in part, because:




30
        Although no final decision has been made, at some point, SoftBank may also decide to
transfer the remaining shares of Starburst I (approximately 29.6% of SoftBank’s interest in
Starburst I) to BM Holdings GK. The applicants include this information in the interest of
transparency, but note that such action would not require regulatory approval.


       [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
       and deprive U.S. consumers of the benefits of lower prices, improved service
       quality, and service innovations.31

The Commission also has observed that “foreign investment has been and will continue to be an

important source of financing for U.S. telecommunications companies, fostering technical

innovation, economic growth, and job creation.”32

       Notably, the Commission already expressly concluded that these public interest benefits

extend to the foreign ownership of Sprint at issue in this Petition. In the Sprint/SoftBank Order,

the Commission based its declaratory ruling on its finding that the “proposed transactions would

result in public interest benefits,” and its observation that there was “no basis to conclude that the

proposed transactions is likely to harm competition.”33 If anything, the proposed reorganization

will create additional public interest benefits. The purpose of SoftBank’s proposed

reorganization is to separate SoftBank’s global and domestic operations, which will enable

SoftBank to provide greater transparency to its shareholders in reporting the performance of its

business operations in Japan and its business operations abroad. This, in turn, will serve the

public interest by increasing efficiency in SoftBank’s corporate operations and improving


31
      Rules and Policies on Foreign Participation in the U.S. Telecommunications Market;
Market Entry and Regulation of Foreign-Affiliated Entities, Report and Order and Order on
Reconsideration, 12 FCC Rcd 23891, ¶ 11 (1997).
32
       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 5741, ¶ 3 (2013).
33
        Applications of SOFTBANK CORP., Starburst II, Inc., Sprint Nextel Corporation, and
Clearwire Corporation; For Consent to Transfer Control of Licenses and Authorizations;
Petitions for Reconsideration of Applications of Clearwire Corporation for Pro Forma Transfer
of Control, Memorandum Opinion and Order, Declaratory Ruling, and Order on
Reconsideration, 28 FCC Rcd 9642, ¶ 123 (2013).


SoftBank’s value. As SoftBank’s subsidiary, Sprint will ultimately benefit from the increased

efficiency and improved transparency effectuated by the restructuring. As a result of

reorganizing in a way that improves its value, SoftBank will be better positioned to manage and

invest in Sprint’s operations over the long term.


                                           APPENDIX E

                          CERTIFICATION OF VONYA B. McCANN

       I, Vonya B. McCann, certify that the information in this Petition is in accordance with the

provisions of Sections 1.16 and 1.990(c)(1) of the Commission’s rules, 47 C.F.R. §§ 1.16 and

1.990(c)(1). In particular, Sprint has calculated the ownership interests disclosed in the Petition

based upon its review of the Commission’s rules. The interests disclosed satisfy each of the

pertinent standards and criteria set forth in the rules. I further certify that Sprint is in compliance

with the conditions specified in the Sprint/SoftBank Foreign Ownership Grant.


                                       /s/ Vonya B. McCann
                                       Vonya B. McCann
                                       Senior Vice President of Government Affairs
                                       Sprint Corporation

Executed on April 11, 2016



Document Created: 2016-04-11 22:32:36
Document Modified: 2016-04-11 22:32:36

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