******************************************************** NOTICE ******************************************************** This document was converted from WordPerfect to ASCII Text format. Content from the original version of the document such as headers, footers, footnotes, endnotes, graphics, and page numbers will not show up in this text version. All text attributes such as bold, italic, underlining, etc. from the original document will not show up in this text version. Features of the original document layout such as columns, tables, line and letter spacing, pagination, and margins will not be preserved in the text version. If you need the complete document, download the WordPerfect version or Adobe Acrobat version, if available. ***************************************************************** Before the Federal Communications Commission Washington, D.C. 20554 In the Matter of ) LDM SYSTEMS, INC. ) ) Application for authority, pursuant to ) File No. ITC-97-764-TC Section 214 of the Communications Act of) 1934, as amended, to transfer control of an ) authorized international carrier. ) MEMORANDUM OPINION, ORDER AND AUTHORIZATION Adopted: January 15, 1998 Released: January 16, 1998 By the Chief, Telecommunications Division: 1. LDM Systems, Inc. (LDM) and RSL COM U.S.A., Inc. (RSL), pursuant to Section 214 of the Communications Act of 1934, as amended, submitted the above-captioned application requesting authority to transfer control of LDM to RSL. The application was placed on public notice on December 12, 1997. No comments were received. 2. LDM, a privately-held New York corporation, is authorized to provide resold communications services between the United States and overseas points. RSL, a Delaware corporation, provides a variety of domestic and international communications services itself and through its subsidiaries. Pursuant to agreements entered into by LDM and RSL, RSL will purchase 100% of the outstanding shares of LDM from its current shareholders. These shareholders will receive, in return, shares of RSL stock. Thus, LDM will become a wholly-owned subsidiary of RSL. 3. Upon consideration of the application and in view of the foregoing, we conclude that consent to transfer control of LDM to RSL will serve the public interest, convenience and necessity. 4. Accordingly, IT IS ORDERED that the application of RSL and LDM, File No. ITC-97-764-TC IS GRANTED, and the transfer of control of LDM to RSL is authorized. 5. IT IS FURTHER ORDERED that all terms and conditions of any Commission orders granting authority to LDM to provide common carrier services remain in effect. 6. This Order is issued under Section 0.261 of the Commission's Rules and is effective upon adoption. Petitions for reconsideration under Section 1.106 or applications for review under Section 1.115 of the Commission's Rules may be filed within 30 days of the date of public notice of this Order (see Section 1.4(b)(2)). FEDERAL COMMUNICATIONS COMMISSION Diane J. Cornell Chief, Telecommunications Division International Bureau