DA 23-1199 DA 23-1199 Doug Smith President and CEO Ligado Networks LLC 10802 Parkridge Boulevard Reston, VA 20191 doug@ligado.com Daniel N. Bass Chief Financial Officer Fortress Investment Group LLC 1345 Avenue of the Americas, 46th Floor New York, NY 10105 dbass@fortress.com David N. Brooks Secretary and General Counsel Fortress Investment Group LLC 1345 Avenue of the Americas, 46th Floor New York, NY 10105 dbrooks@fortress.com Via E-MAIL Re: Second Amended and Restated Voting Proxy Agreement, IB Docket No. 15-126 Dear Messrs. Smith, Bass, and Brooks, This letter responds to the letters filed on December 1, 2023 and December 6, 2023 by Ligado Networks LLC (Ligado) and Fortress Investment Group (Fortress) requesting Commission approval for modifications to the March 11, 2019 Ligado Amended and Restated Voting Proxy Agreement (Amended and Restated VPA) in connection with the proposed transaction involving Ligado, Fortress Investment Group (Fortress), and Mubadala Capital (Mubadala), among other related entities (the Fortress/Mubadala Transaction). Letter from Doug Smith, President and CEO, Ligado Networks, LLC and Daniel N. Bass, Chief Financial Officer, Fortress Investment Group LLC, to Ethan Lucarelli, Chief, Office of International Affairs, FCC, IB Docket 15-126 (filed Dec. 1, 2023) (Dec. 1, 2023 Letter); Letter from Doug Smith, President and CEO, Ligado Networks, LLC and Daniel N. Bass, Chief Financial Officer, Fortress Investment Group LLC, to Ethan Lucarelli, Chief, Office of International Affairs, FCC, IB Docket 15-126 (filed Dec. 6, 2023) (Dec. 6, 2023 Letter). Although the Dec. 6, 2023 Letter was dated December 5, 2023, it was filed with the Commission on December 6, 2023. In particular, Ligado seeks Commission approval to substitute Mubadala for Softbank and for other minor changes as reflected in the Second Amended and Restated Voting Proxy Agreement (Second Amended and Restated VPA). Pursuant to section 5.3 of the Amended and Restated VPA, prior written approval from the Commission is required before any changes to the Amended and Restated VPA can be made. The applicants seek to close the Fortress/Mubadala Transaction on or before December 29, 2023, and thus seek Commission approval of the changes to the Amended and Restated VPA as reflected in the Second Amended and Restated VPA. According to the Dec. 6, 2023 Letter, the Committee on Foreign Investment in the United States (CFIUS) is currently reviewing the Fortress/Mubadala Transaction. Fortress and Mubadala confirmed in the Dec. 6, 2023 Letter that the parties do not intend to consummate the transaction until the CFIUS review has been completed and the transaction approved. We also note that Ligado subsidiaries, LightSquared Subsidiary LLC and One Dot Six LLC, entered into an agreement with the U.S. Department of Justice, including the Federal Bureau of Investigation, dated September 24, 2015 (2015 Agreement) to address issues relating to national security, law enforcement, and public safety. Ligado has advised that it is currently in compliance with the 2015 Agreement and will remain in compliance with its terms. The Commission has no objection to the proposed changes to the Amended and Restated VPA and approves the version of the Second Amended and Restated VPA filed with the Dec. 1, 2023 Letter in IB Docket No. 15-126. Upon execution of the Second Amended and Restated VPA, applicants must file a copy of the final, signed agreement in IB Docket No. 15-126. Sincerely, Ethan Lucarelli Chief Office of International Affairs cc: Wayne Johnsen Counsel for Fortress Investment Group LLC Wiley Rein LLP  wjohnsen@wiley.law Scott Delacourt Counsel for Fortress Investment Group LLC Wiley Rein LLP  sdelacourt@wiley.law Jennifer Richter Counsel for Mubadala Capital Akin Gump Strauss Hauer & Feld LLP jrichter@akingump.com Gerard Waldron Counsel for Ligado Networks LLC Covington & Burling LLP gwaldron@cov.com Sam Feder Counsel for Softbank Group Corp. Jenner & Block LLP SFeder@jenner.com 2