WPC24 2BJCourier3|X  Times New Roman Bold P6G;PTimes New RomanPCL) (Add) RM 813-AHL4MPCAD.PRSx  @\!uX@  2DT ZlK3|X    HP LaserJet 4M (PCL) (Add) RM 813-AHL4MPCAD.PRSX\  P6G;\!uP"i~'^09CSS999S]+9+/SSSSSSSSSS//]]]Ixnnxg]xx9?xgxx]xn]gxxxxg9/9MS9ISISI9SS//S/SSSS9?/SSxSSIP!PZ9+ZM999+99999999S/xIxIxIxIxIlnIgIgIgIgI9/9/9/9/xSxSxSxSxSxSxSxSxSxSxIxSxRxSxSxS]SxIxIxInInInZnIxigIgIgIgIxSxSxSxZxSxZxS9/9S999Su]ZZxSg/gCg9g9g/xSbxSxSxSxSxn9n9n9]?]?]?]ZgFg/gMxSxSxSxSxSxSxxZgIgIgIxSg9xS]?g9xSi+SS88WuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxN8HH"&H>XHH8HB8>HH^HH>"".2",2,2,"222N2222"&22H22,006"6."""""""""""2H,H,H,H,H,XAB,>,>,>,>,""""H2H2H2H2H2H2H2H2H2H2H,H2H1H2H2H282H,H,H,B,B,B6B,H?>,>,>,>,H2H2H2H6H2H6H2""2"""2F866H2>>(>">">H2;H2H2H2H2XHB"B"B"8&8&8&86>*>>.H2H2H2H2H2H2^HH6>,>,>,H2>"H28&>"H2?22!!WFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxN$<<$.2",2222`2 LL2 LL2L"",,2d""4fa1Indented Pars FCC 13.  Consistent with Optel and TeleBermuda, we find that the proposed transaction does not represent facilitiesbased entry into the U.S. market and therefore does not trigger  X4our reciprocity inquiry. As in Optel, a 50 percent ownership interest in the "wet" portion of the cable system does not itself give rise to the kind of foreign presence that prompted Congress to enact the reciprocity provision of the Cable Landing License Act.  X4fa1Indented Pars FCC 14.  We also find that the proposed transaction would be consistent with the seventh condition imposed on the Gemini Cable System's cable landing license, which reads as follows:  [ V   VXThe Licensee shall maintain no less than a 50percent ownership interest and voting control share in the cables, including 100percent ownership in the cable  X4stations in the United States and in the U.S. land portion of the cables from the  X4stations to the U.S. beach joint of the submerged portion of the cables.   [ V   VThe licensee, MFS Globenet, would own 50 percent of the company that would own the undersea (or "wet") portion of the cable system and would continue to own 100 percent of the"0*%%ZZH" U.S. cable stations. It would therefore own an interest of at least 50 percent in the entire cable system.  X4fa1Indented Pars FCC15.  Accordingly, we conclude that a grant of the application would be consistent with the Cable Landing License Act. We therefore consent to the proposed changes in ownership of the undersea portion of the Gemini Cable System.  X_4F Ordering Clauses ă  X14fa1Indented Pars FCC16.  In consideration of the foregoing, IT IS ORDERED that the application, File No. SCL96004(M), is GRANTED, and MFS Globenet, Inc., is authorized to transfer 50 percent ownership of CableCo International, the entity that will own the undersea portion of the Gemini Cable System, to Cable & Wireless plc. The cable landing license, SCL96004, is MODIFIED to reflect 100 percent ownership of the undersea portion of the cable system by a Bermuda corporation that is 50 percent owned by a wholly owned subsidiary of MFS Globenet and 50 percent owned by Cable & Wireless.  Xy4fa1Indented Pars FCC17.  This Order is issued under Section 0.261 of the Commission's rules, 47 C.F.R. 0.261, and is effective upon adoption. Petitions for reconsideration under Section 1.106 or applications for review under Section 1.115 may be filed within 30 days of the date of public notice of this Order (see Section 1.4(b)(2))1. ` `  hhCqFEDERAL COMMUNICATIONS COMMISSION ` `  hhCqDiane J. Cornell ` `  hhCqChief, Telecommunications Division ` `  hhCqInternational Bureau