New Skies Satellites Holdings Ltd. and SES GLOBAL S.A. Seek Consent to Transfer Control of Authorizations Held by New Skies Networks, Inc. See the Public Notice for more information...

3/29/06 - Day 63

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3/29/06
Application of New Skies Satellites Holdings Ltd., Transferor, and SES GLOBAL S.A., Transferee, to Transfer Control of Authorizations Held by New Skies Networks, Inc., and Notification of Change to Permitted Space Station List.
Public Notice: Word | Acrobat

1/20/06
New Skies Satellites Holdings Ltd. and SES GLOBAL S.A. Seek Consent to Transfer Control of Authorizations Held by New Skies Networks, Inc.
Public Notice: Word | Acrobat

• 1/6/06
  Application: [ 1 | 2 ]

On December 14, 2005, SES GLOBAL and New Skies Holdings entered into an agreement pursuant to which, subject to regulatory approvals, SES GLOBAL will acquire 100% of New Skies by way of a merger under Bermudian law (an amalgamation). Under the terms of the agreement, New Skies Holdings will amalgamate with SES Holdings (Bermuda) Limited, a Bermuda company and wholly-owned subsidiary of SES GLOBAL. SES GLOBAL will acquire New Skies for $22.52 per share in cash. After the merger, NSN and New Skies will be indirect wholly-owned subsidiaries of SES GLOBAL. The Applicants state that the transaction does not implicate the foreign ownership restrictions of section 310(a)-(b) of the Act because neither New Skies nor NSN holds any common carrier authorizations and no foreign government will hold any radio license following the transaction. The Applicants also state that, following consummation of the transfer of control, the NSN earth stations will continue to access non-U.S. licensed satellites on the Permitted List to provide the same services that previously have been authorized. Service to New Skies’ existing customers will continue without interruption. SES GLOBAL, through its subsidiaries, will operate the three Permitted List satellites in accordance with the conditions associated with their entry on the Permitted List. See the Public Notice for more information...

• Kathleen Collins, Policy Division, International Bureau: 202-418-1474