PUBLIC NOTICE
FEDERAL COMMUNICATIONS COMMISSION
445 12th STREET S.W.
WASHINGTON  D.C.  20554
News media information 202-418-0500
Fax-On-Demand 202-418-2830; Internet: http://www.fcc.gov (or ftp.fcc.gov)
TTY (202) 418-2555
Monday  July 30, 2007SCL-00031S   Report No.
ACCEPTED FOR FILING
STREAMLINED SUBMARINE CABLE LANDING LICENSE APPLICATIONS
Unless otherwise specified, the following procedures apply to the applications listed below:
The applications listed below have been found, upon initial review, to be acceptable for filing and subject to the
streamlined processing procedures set forth in section 1.767 of the Commission's rules, 47 C.F.R. § 1.767.   Pursuant to
the Submarine Cable Landing License Act, 47 U.S.C. §§ 34-39, and Executive Order No. 10530, reprinted as amended
in 3 U.S.C. § 301, each applicant seeks:  (a) the grant of a cable landing licensee; (b) the modification of a cable landing
license; and/or (c) the assignment or transfer of control of an interest in a submarine cable landing license.
Pursuant to its decision in Review of Commission Consideration of Applications under the Cable Landing License Act,
IB Docket No. 00-106, FCC 01-332, 16 FCC Rcd 22167 (2001) and section 1.767 of the rules, the Commission will
take action upon these applications within forty-five (45) days after release of this public notice, unless the Commission
has informed the applicant in writing that the application, upon further examination, has been deemed ineligible for
streamlined processing.
Ex parte communications between outside parties and Commission staff concerning these applications are permitted
subject to the Commission's rules for "permit-but-disclose proceedings."   See 47 C.F.R. § 1.1206.  Filings relating to
this application must be received within 14 days of this notice.  Such filings will not necessarily result in an application
being deemed ineligible for streamlined processing.
Copies of all applications listed here are available for public inspection in the FCC Reference and Information Center,
located in room CY-A257 at the Portals 2 building, 445 12th Street, SW, Washington DC 20554.  The center can be
contacted at (202) 418-0270.  People with Disabilities: To request materials in accessible formats for people with
disabilities (braille, large print, electronic files, audio format), send an e-mail to fcc504@fcc.gov or call the Consumer
& Governmental Affairs Bureau at 202-418-0530 (voice), 202-418-0432 (tty).  All applications listed are subject to
further consideration and review, and may be returned and/or dismissed if not found to be in accordance with the
Commission's rules, regulations, and other requirements.
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REMINDERS:
Applicants must certify that neither the applicant nor any party to the application is subject to a denial of federal benefits
by federal and/or state courts under authority granted in 21 U.S.C. § 862.  See C.F.R. §§ 1.2001-1.2003.
The Commission's rules applicable to submarine cable landing licenses (47 C.F.R. §§ 1.767, 1.768) are available at
http://www.fcc.gov/ib/td/pf/telecomrules.html.   See also
http://hraunfoss.fcc.gov/edoc_public/attachmatch/DA-02-5981A1.pdf for a March 13, 2002 Public Notice;
http://hraunfoss.fcc.gov/edocs_public/attachmatch/FCC-01-332A1.pdf for the December 14, 2001 Report and Order.
By this notice, we inform the public that submarine cable landing license applications and international section 214
applications that are part of larger transactions involving multiple Commission licenses or authorizations may involve
"extraordinary circumstances" as referenced in Review of Commission Consideration of Applications under the Cable
Landing License Act, Report and Order, 16 FCC Rcd 22167 (2001) and Rules and Policies on Foreign Participation in
the U.S. Telecommunications Market, Report and Order and Order on Reconsideration, 12 FCC Rcd 23891 (1997),
paras. 327-28, Order on Reconsideration, 15 FCC Rcd 18158 (2000).  Additionally, these extraordinary circumstances
may result where Executive Branch agencies petition the Commission to defer decision on certain transactions pending
the resolution of potential national security, law enforcement, foreign policy and trade policy issues.  Accordingly, these
applications may not be acted on within the 90-day review period that the Commission has established as the period of
time normally required to reach a decision on non-streamlined cable landing licenses and international section 214
applications.  This notice shall serve as public notice to applicants that, in these circumstances, additional time may be
required for Commission review and final action.  No additional formal public notice will be provided routinely with
respect to specific applications in the event that the applicable review period extends beyond 90 days.
SCL-T/C-20070621-00013 P
TO:
Application for consent to transfer control of the cable landing license for the Antilles Crossing cable system, SCL-LIC-20031125-00032, held by
Antilles Crossing-St. Croix, Inc. (ACSC), from Leucadia National Corporation (Leucadia) to Global Caribbean Fiber, S.A.S. (GCF).  The Antilles
Crossing is a non-common carrier fiber optic cable system extending between the U.S. Virgin Islands, St. Lucia, and Barbados.
Pursuant to a Joint Venture Agreement executed May 29, 2007, Auto-Guadeloupe Investissement, S.A. d/b/a Loret Group (AGI) and Baldwin
Enterprises, Inc. (BEI), a wholly-owned subsidiary of Leucadia, have agreed to form a joint venture which will combine the submarine cable
networks which each party operates in the Caribbean region under the direct ownership and control of GCF.  GCF, which is currently a
wholly-owned subsidiary of AGI, will be jointly owned by AGI, with a 60% equity and voting interest, and Caribbean Fiber Holdings, LP (CFH),
with a 40% equity and voting interest.  CFH is a newly formed limited partnership ultimately controlled by Leucadia.
In addition to the Antilles Crossing cable system, the assets included in the Joint Venture will be the Global Caribbean Network (GCN),
SCL-LIC-20050418-00010, which is controlled by GCF, and two cable systems which do not land in the United States, Middle Caribbean
Network and Southern Caribbean Fiber, both of which are majority-owned by GCF.
Leucadia currently has 75% controlling interest in ACSC; with LPH Telecom Ltd. holding a 25% interest.  Pursuant to a corporate reorganization
in anticipation of this transaction, Leucadia and LPH Telecom will each transfer their interest in ACSC to CFH.
CFH will be owned by Baldwin Carib, LP (74.9%), LUK-Carib, LLC (0.1%), and LPH Telecom Ltd. (25%).  Baldwin Carib, LP and LUK-Carib,
LLC are both wholly-owned subsidiaries of BEI and indirect wholly-owned subsidiaries of Leucadia.  LPH Telecom Ltd. is a wholly-owned
subsidiary of Light & Power Holdings Ltd., a publicly traded Barbados limited company in which Leucadia holds 37.82% of the shares.  Thus,
Leucadia will have a 84.455% indirect interest in CFH.
AGI is a public limited company organized under the laws of France.  The majority owner of AGI is S.A. L. Loret et Compagnie, a public limited
company organized under the laws of France, which holds a 61.49% interest in AGI.  Christiane Aubery Loret, a French citizen, holds a 34.22%
interest in AGI.    The principal owners of S.A. L. Loret et Compagnie are SC Sciparin, a holding company organized under the laws of France
(48.36%), Christiane Aubery Loret (33.37%), and Lucien Loret, a French citizen (15.1%).  The principal owners of SC Sciparin are Marie Loret,
Nathalie Loret, Nadine Loret, and Valerie Loret, all of whom are French citizens, and each of whom holds a 23.75% interest.
Leucadia National CorporationFROM:
Current Licensee:
GLOBAL CARIBBEAN FIBER, SAS
Antilles Crossing-St. Croix, Inc.
Transfer of Control
Antilles Crossing-St. Croix, Inc.
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