Representative Engagements

Recent representations include:

• Ericsson in its agreement to purchase Nortel Networks's CDMA and LTE businesses for US$1.13 billion, an acquisition that gives Ericsson a strong technology position in the next generation of wireless networks; Ericsson was announced the winner after a 12-hour bankruptcy auction
  
• Intelsat in its contract with Boeing Satellite Co. to build four telecommunications satellites that will refresh and add new capacity to Intelsat's global satellite fleet; under the contract, the four Boeing-built geostationary satellites will offer capacity optimized to distribute video, network and voice services from Asia and Africa to the Americas and Europe
  
• Intelsat in an auction of the in-orbit ProtoStar-1 telecommunications satellite; Intelsat prevailed at the auction with a $210 million all-cash offer, outlasting Eutelsat and more than 10 other satellite operators who expressed interest in the auction
  
• New Dawn Satellite Company Ltd., a joint venture controlled by our longstanding client Intelsat (the world's leading provider of fixed satellite services), in connection with the first bank-led non-recourse project financing for the construction and launch of a satellite. The new satellite will offer wireless, broadband and television programming to Africa
  
• SES Americom Inc., a large satellite operator headquartered in Luxembourg, and EchoStar Corp. of the United States, in an agreement to co-finance a large direct-broadcast television satellite to be placed in a Mexican orbital slot that both companies have been cultivating for more than three years; the agreement follows the creation of a satellite-television joint venture between EchoStar and MVS Comunicaciones, a Mexican telecommunications company, to launch the Dish Mexico satellite-television service
  
• Asia Satellite Telecommunications Company Limited in its joint venture with EchoStar Asia Holdings Corporation to develop and operate a direct-to-home satellite service for subscribers in Taiwan, Hong Kong and other regions in Asia
  
• We assisted The Carlyle Group in a share swap transaction between kbro, Co., Ltd. (a leading cable TV operator in Taiwan) and Taiwan Mobile Co., Ltd., worth $1.8 billion; under the terms of the transaction, The Carlyle Group will exchange its holdings in kbro for a 15.5 percent stake in Taiwan Mobile to become the second-largest shareholder in the company, which is Taiwan's leading telecommunications operator
  
• Time Warner Inc. and its cable subsidiary, Time Warner Cable Inc., in its successful joint bid with Comcast Corporation to acquire assets of Adelphia Communications Corporation valued at $17 billion, and related transactions redeeming Comcast's 21% stake in Time Warner Cable and swapping with Comcast cable systems serving more than two million customers; we also provide advice on various topics, including retransmission consent, must carry, compulsory copyright, program carriage, set-top boxes, ILEC franchises, franchise fees, universal service, number portability, cable system acquisitions, and home wiring and have filed FCC comments concerning various topics including digital transmission, set-top box regulation and video competition
  
• Texas Cable Association in challenging a state franchising statute
  
• British Telecommunications, plc, in connection with the acquisition of Comsat International, Inc., a leading provider of data communication services for corporations and public sector organizations in Latin America
  
• Intelsat in its $3.2 billion acquisition of PanAmSat and in connection with its agreement to sell the majority of the shares of its parent company, Intelsat Holdings, Ltd., to funds advised by BC Partners and certain other investors in a transaction valuing the company's equity at approximately $5 billion; the enterprise valuation of the transaction is approximately $16.4 billion.