EX-25.1 85 d639322dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM T-1

 

   STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE   
   CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2)  ¨   

 

 

DEUTSCHE BANK TRUST COMPANY AMERICAS

(formerly BANKERS TRUST COMPANY)

(Exact name of trustee as specified in its charter)

 

NEW YORK     13-4941247

(Jurisdiction of Incorporation or

organization if not a U.S. national bank)

    

(I.R.S. Employer

Identification no.)

60 WALL STREET    
NEW YORK, NEW YORK     10005

(Address of principal

executive offices)

     (Zip Code)

Deutsche Bank Trust Company Americas

Attention: Lynne Malina

Legal Department

60 Wall Street, 37th Floor

New York, New York 10005

(212) 250 – 0677

(Name, address and telephone number of agent for service)

 

 

T-MOBILE USA, INC.*

(Exact name of obligor as specified in its charter)

 

  DELAWARE   91-1983600  
 

(State or other jurisdiction

of incorporation or organization)

   (IRS Employer Identification No.)  

12920 SE 38th Street

Bellevue, Washington 98006

Tel. No.: (425) 378-4000

(Address and telephone number of Registrant’s principal executive offices)

 

5.250% Senior Notes due 2018 (Pursuant to the Indenture, dated April 28, 2013)

6.250% Senior Notes due 2021 (Pursuant to the Indenture, dated March 19, 2013)

6.625% Senior Notes due 2023 (Pursuant to the Indenture, dated March 19, 2013)

(Title of the Indenture securities)

* TABLE OF ADDITIONAL REGISTRANT GUARANTORS

 

  Exact name of registrant as specified in its charter (1)

   

State or other jurisdiction of
  incorporation or organization  

   

I.R.S. Employer
  Identification Number  

  T-Mobile US, Inc.

    Delaware    20-0836269

  GSV LLC

    Delaware    91-2116910

  Powertel Memphis Licenses, Inc.

    Delaware    58-2228915

  Powertel/Memphis, Inc.

    Delaware    58-2228912

  SunCom Wireless Holdings, Inc.

    Delaware    23-2974475

  SunCom Wireless Investment Company LLC

    Delaware    30-0283150

  SunCom Wireless License Company, LLC

    Delaware    75-3172489

  SunCom Wireless Management Company, Inc.

    Delaware    23-2940271

  SunCom Wireless Operating Company, L.L.C.

    Delaware    23-2974309

  SunCom Wireless Property Company, L.L.C.

    Delaware    43-2065344

  SunCom Wireless, Inc.

    Delaware    23-2930873

  T-Mobile Central LLC

    Delaware    91-1973799

  T-Mobile License LLC

    Delaware    91-1917328

  T-Mobile Northeast LLC

    Delaware    52-2069434

  T-Mobile PCS Holdings LLC

    Delaware    91-2159335

  T-Mobile Puerto Rico Holdings LLC

    Delaware    20-2209577

  T-Mobile Puerto Rico LLC

    Delaware    66-0649631

  T-Mobile Resources Corporation

    Delaware    91-1909782

  T-Mobile South LLC

    Delaware    20-3945483

  T-Mobile Subsidiary IV Corporation

    Delaware    91-2116909

  T-Mobile West LLC

    Delaware    36-4027581

  Triton PCS Finance Company, Inc.

    Delaware    51-0393831

  Triton PCS Holdings Company L.L.C.

    Delaware    23-2941874

  VoiceStream PCS I Iowa Corporation

    Delaware    91-1869520

  VoiceStream Pittsburgh General Partner, Inc.

    Delaware    36-3875668

  VoiceStream Pittsburgh, L.P.

    Delaware    16-1442506

  MetroPCS California, LLC

    Delaware    68-0618381

  MetroPCS Florida, LLC

    Delaware    68-0618383

  MetroPCS Georgia, LLC

    Delaware    68-0618386

  MetroPCS Massachusetts, LLC

    Delaware    20-8303630

  MetroPCS Michigan, LLC

    Delaware    20-2509038

  MetroPCS Nevada, LLC

    Delaware    20-8303430

  MetroPCS New York, LLC

    Delaware    20-8303519

  MetroPCS Pennsylvania, LLC

    Delaware    20-8303570

  MetroPCS Texas, LLC

    Delaware    20-2508993

  MetroPCS Networks, LLC

    Delaware    33-1105693

  MetroPCS Networks California, LLC

    Delaware    20-4956821

  MetroPCS Networks Florida, LLC

    Delaware    20-4957100
  

 

   (1) The address of each guarantor is 12920 SE 38th Street, Bellevue, Washington 98006, and the telephone number is (425) 378-4000.

Item 1.  General Information.
   Furnish the following information as to the trustee.
   (a)    Name and address of each examining or supervising authority to which it is subject.
   Name         Address
   Federal Reserve Bank (2nd District)    New York, NY
   Federal Deposit Insurance Corporation    Washington, D.C.
   New York State Banking Department    Albany, NY
   (b)    Whether it is authorized to exercise corporate trust powers.
      Yes.     
Item 2.  Affiliations with Obligor.
   If the obligor is an affiliate of the Trustee, describe each such affiliation.
   None.
Item 3. -15.    Not Applicable     
Item 16.    List of Exhibits.   
   Exhibit 1 -   Restated Organization Certificate of Bankers Trust Company dated August 6, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 25, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated December 16, 1998, and Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated February 27, 2002 - Incorporated herein by reference to Exhibit 1 filed with Form T-1 Statement, Registration No. 333-157637-01.
   Exhibit 2 -   Certificate of Authority to commence business - Incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 333-157637-01.
   Exhibit 3 -   Authorization of the Trustee to exercise corporate trust powers - Incorporated herein by reference to Exhibit 3 filed with Form T-1 Statement, Registration No. 333-157637-01.
   Exhibit 4 -   Existing By-Laws of Deutsche Bank Trust Company Americas, as amended on April 15, 2002 business - Incorporated herein by reference to Exhibit 4 filed with Form T-1 Statement, Registration No. 333-157637-01.
   Exhibit 5 -   Not applicable.
   Exhibit 6 -   Consent of Bankers Trust Company required by Section 321(b) of the Act. - business - Incorporated herein by reference to Exhibit 6 filed with Form T-1 Statement, Registration No. 333-157637-01.
   Exhibit 7 -   The latest report of condition of Deutsche Bank Trust Company Americas dated as of September 30, 2013. Copy attached.
   Exhibit 8 -   Not Applicable.
   Exhibit 9 -   Not Applicable.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Deutsche Bank Trust Company Americas, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on this 12th day of December, 2013.

 

  DEUTSCHE BANK TRUST COMPANY AMERICAS  
     By:  

 /s/  CAROL NG

    
         CAROL NG    
         VICE PRESIDENT                

DEUTSCHE BANK TRUST COMPANY AMERICAS

       FFIEC 031
 Legal Title of Bank       Page 16 of 74

NEW YORK

       RC-1
 City         
NY    10005      
 State    Zip Code      
FDIC Certificate Number:  00623      

  Consolidated Report of Condition for Insured Banks

  and Savings Associations for September 30, 2013

  All schedules are to be reported in thousands of dollars. Unless otherwise indicated,

  report the amount outstanding as of the last business day of the quarter.

  Schedule RC—Balance Sheet

 

Dollar Amounts in Thousands               RCFD   Tril | Bil | Mil | Thou      
Assets            

  1. Cash and balances due from depository institutions (from Schedule RC-A):

                  

   a. Noninterest-bearing balances and currency and coin (1)                                     

       0081     181,000      1.a

   b. Interest-bearing balances (2)                                                                          

       0071     8,417,000      1.b

  2. Securities:

                  

   a. Held-to-maturity securities (from Schedule RC-B, column A)                                                      

  

   1754     0      2.a

   b. Available-for-sale securities (from Schedule RC-B, column D)                                                                  

  

   1773     20,000      2.b

  3. Federal funds sold and securities purchased under agreements to resell:

       RCON            

   a. Federal funds sold in domestic offices                                                                  

       B987     139,000      3.a
      RCFD          

   b. Securities purchased under agreements to resell (3)                                                                                  

  

   B989     16,400,000      3.b

  4. Loans and lease financing receivables (from Schedule RC-C):

                  

   a. Loans and leases held for sale                                                                          

  

   5369     0      4.a

   b. Loans and leases, net of unearned income                                                          

   B528             23,010,000            4.b

   c. LESS: Allowance for loan and lease losses                                                          

   3123       69,000                  4.c

   d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)                                 

  

   B529     22,941,000      4.d

  5. Trading assets (from Schedule RC-D)                                                                                       

  

   3545     115,000      5

  6. Premises and fixed assets (including capitalized leases)                                                          

  

   2145     48,000      6

  7. Other real estate owned (from Schedule RC-M)                                                                      

  

   2150     2,000      7

  8. Investments in unconsolidated subsidiaries and associated companies                                                          

  

   2130     0      8

  9. Direct and indirect investments in real estate ventures                                                                      

  

   3656     0      9

10. Intangible assets:

                  

   a. Goodwill                                                                                                           

       3163     0      10.a

   b. Other intangible assets (from Schedule RC-M)                                              

       0426     41,000      10.b

11. Other assets (from Schedule RC-F)                                                                          

       2160     4,924,000      11

12. Total assets (sum of items 1 through 11)                                                                  

       2170     53,228,000      12

 

 

  (1) Includes cash items in process of collection and unposted debits.

  (2) Includes time certificates of deposit not held for trading.

  (3) Includes all securities resale agreements in domestic and foreign offices, regardless of maturity.

DEUTSCHE BANK TRUST COMPANY AMERICAS                          FFIEC 031
 Legal Title of Bank      Page 16a of 74
FDIC Certificate Number: 00623      RC-1a

  Schedule RC—Continued

Dollar Amounts in Thousands                        Tril | Bil | Mil | Thou      
  Liabilities                  

13. Deposits:

       RCON           

  a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I)

       2200     29,746,000      13.a

  (1) Noninterest-bearing (1)                                                          

     6631              20,716,000            13.a.1

  (2) Interest-bearing                                                                  

     6636        9,030,000            13.a.2

  b. In foreign offices, Edge and Agreement subsidiaries, and IBFs

       RCFN       

  (from Schedule RC-E, part II)                                                  

       2200     7,538,000      13.b

  (1) Noninterest-bearing                                                          

     6631        4,442,000            13.b.1

  (2) Interest-bearing                                                              

     6636        3,096,000            13.b.2

14. Federal funds purchased and securities sold under agreements to repurchase:

       RCON       

  a. Federal funds purchased in domestic offices (2)                                         

      B993     5,051,000      14.a
      RCFD           

  b. Securities sold under agreements to repurchase (3)                                     

       B995     0      14.b

15. Trading liabilities (from Schedule RC-D)                                                          

       3548     21,000      15

16. Other borrowed money (includes mortgage indebtedness and obligations

                  

      under capitalized leases) (from Schedule RC-M)                                         

      3190     93,000      16

17. and 18. Not applicable

                  

19. Subordinated notes and debentures (4)                                                      

       3200     0      19

20. Other liabilities (from Schedule RC-G)                                                          

       2930     1,640,000      20

21. Total liabilities (sum of items 13 through 20)                                                  

       2948     44,089,000      21

22. Not applicable

                  

 

 (1) Includes noninterest-bearing demand, time, and savings deposits.

 (2) Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”

 (3) Includes all securities repurchase agreements in domestic and foreign offices, regardless of maturity.

 (4) Includes limited-life preferred stock and related surplus.

DEUTSCHE BANK TRUST COMPANY AMERICAS

      FFIEC 031
 Legal Title of Bank      Page 17 of 74
FDIC Certificate Number:  00623      RC-2

 

Equity Capital                    
  Bank Equity Captal            RCFD    Tril | Bil | Mil | Thou       

 23.

   Perpetual preferred stock and related surplus                                                                                                      3838    0        23

 24.

   Common stock                                                                                                                                                       3230    2,127,000        24

 25.

   Surplus (excludes all surplus related to preferred stock)                                                                                          3839    594,000        25

 26.

   a. Retained earnings                                                                                                                                               3632    6,189,000        26.a
   b. Accumulated other comprehensive income (5)                                                                                                  B530    26,000        26.b
   c. Other equity capital components (6)                                                                                                                      A130    0        26.c

 27.

   a. Total bank equity capital (sum of items 23 through 26.c)                                                                             3210    8,936,000        27.a
   b. Noncontrolling (minority) interests in consolidated subsidiaries                                                                     3000    203,000        27.b

 28.

   Total equity capital (sum of items 27.a and 27.b)                                                                                                  G105    9,139,000        28

 29.

   Total liabilities and equity capital (sum of items 21 and 28)                                                                                 3300    53,228,000        29
  Memoranda                    
  To be reported with the March Report of  Condition.                    

  1.

   Indicate in the box at the right the number of the statement below that best describes               
  the most comprehensive level of auditing work performed for the bank by independent       RCFD    Number      
  external auditors as of any date during 2012                                                                                          6724    N/A       M.1

 1 =

   Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank    4 =   Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority)      

 2 =

   Independent audit of the bank’s parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which    5 =   Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)      
  submits a report on the consolidated holding company (but    6 =   Review of the bank’s financial statements by external auditors      
  not on the bank separately)    7 =   Compilation of the bank’s financial statements by external auditors      

 3 =

   Attestation on bank management’s assertion on the effectiveness of the bank’s internal control over financial reporting by a certified public accounting    8 =   Other audit procedures (excluding tax preparation work)      
  firm.    9 =   No external audit work      
 To be reported with the March Report of Condition.    RCON     MM / DD      

 2.

   Bank’s fiscal year-end date                                                                                                                              8678    N/A       M.2

 

 (5)  Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other post retirement plan adjustments.
 (6)  Includes treasury stock and unearned Employee Stock Ownership Plan shares.