EX-25.1 4 d875701dex251.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: Catherine Wang

60 Wall Street, Legal Department - 36th Floor

New York, New York 10005

(212) 250 – 7544

(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)

 

 

6.464% Senior Notes due 2019 of T-Mobile USA, Inc.

Senior Reset Notes due 2019 of T-Mobile USA, Inc.

6.542% Senior Notes due 2020 of T-Mobile USA, Inc.

Senior Reset Notes due 2020 of T-Mobile USA, Inc.

6.633% Senior Notes due 2021 of T-Mobile USA, Inc.

Senior Reset Notes due 2021 of T-Mobile USA, Inc.

6.731% Senior Notes due 2022 of T-Mobile USA, Inc.

Senior Reset Notes due 2022 of T-Mobile USA, Inc.

6.836% Senior Notes due 2023 of T-Mobile USA, Inc.

Senior Reset Notes due 2023 of T-Mobile USA, Inc.

Guarantees

(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

IBSV LLC

   Delaware    91-2116910

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 Networks California, LLC

   Delaware    20-4956821

MetroPCS Networks Florida, LLC

   Delaware    20-4957100

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

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 Financial LLC

   Delaware    47-1324347

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

 

(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 16, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated December 16, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 3, 1999, 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. 333-201810.
Exhibit 2 -   Certificate of Authority to commence business, incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 333-201810.
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. 333-201810.
Exhibit 4 -   Existing By-Laws of Deutsche Bank Trust Company Americas, as amended on July 24, 2014, incorporated herein by reference to Exhibit 4 filed with Form T-1 Statement, Registration No. 333-201810.


Exhibit 5 - Not applicable.
Exhibit 6 - Consent of Bankers Trust Company required by Section 321(b) of the Act, incorporated herein by reference to Exhibit 6 filed with Form T-1 Statement, Registration No. 333-201810.
Exhibit 7 - A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
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 19th day of February, 2015.

 

DEUTSCHE BANK TRUST COMPANY AMERICAS
By:

/s/ Carol Ng

Name: Carol Ng
Title: Vice President


DEUTSCHE BANK TRUST COMPANY AMERICAS

FFIEC 031
Legal Title of Bank Page 16 of 79

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 December 31, 2014

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     104,000      1.a

b. Interest-bearing balances (2)

      0071     23,816,000      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     0      2.b

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

      RCON    

a. Federal funds sold in domestic offices

      B987     26,000      3.a
  RCFD    

b. Securities purchased under agreements to resell (3)

      B989     12,910,000      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     15,683,000          4.b

c. LESS: Allowance for loan and lease losses

  3123     26,000          4.c

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

      B529     15,657,000      4.d

5. Trading assets (from Schedule RC-D)

      3545     75,000      5

6. Premises and fixed assets (including capitalized leases)

      2145     18,000      6

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

      2150     0      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     42,000      10.b

11. Other assets (from Schedule RC-F)

      2160     899,000      11
       

 

 

   

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

2170   53,547,000    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 79
FDIC Certificate Number:  00623       RC-1a

 

Schedule RC—Continued

Dollar Amounts in Thousands

    RCON   Tril | Bil | Mil | Thou      

Liabilities

         

13. Deposits:

         

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

      2200     41,081,000      13.a

(1) Noninterest-bearing (4)

  6631     21,532,000          13.a.1

(2) Interest-bearing

  6636     19,549,000          13.a.2

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

      RCFN    

(from Schedule RC-E, part II)

      2200     1,000      13.b

(1) Noninterest-bearing

  6631     1,000          13.b.1

(2) Interest-bearing

  6636     0          13.b.2

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

      RCON    

a. Federal funds purchased in domestic offices (5)

      B993     2,109,000      14.a
      RCFD    

b. Securities sold under agreements to repurchase (6)

      B995     0      14.b

15. Trading liabilities (from Schedule RC-D)

      3548     27,000      15

16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)

      3190     59,000      16

17. and 18. Not applicable

         

 

(4) Includes noninterest-bearing demand, time, and savings deposits.
(5) Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”
(6) Includes all securities repurchase agreements in domestic and foreign offices, regardless of maturity.


DEUTSCHE BANK TRUST COMPANY AMERICAS

      FFIEC 031
Legal Title of Bank       Page 17 of 79
FDIC Certificate Number:  00623       RC-2

Schedule RC—Continued

 

       

Dollar Amounts in Thousands

   RCFD    Tril | Bil | Mil | Thou       

Liabilities—Continued

            

19. Subordinated notes and debentures (1)

   3200      0       19

20. Other liabilities (from Schedule RC-G)

   2930      1,396,000       20
         

 

 

    

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

2948   44,673,000    21
         

 

 

    

22. Not applicable

Equity Capital

Bank Equity Capital

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   596,000    25

26. a. Retained earnings

3632   6,077,000    26.a

b. Accumulated other comprehensive income (2)

B530   -38,000    26.b

c. Other equity capital components (3)

A130   0    26.c
         

 

 

    

27. a. Total bank equity capital (sum of items 23 through 26.c)

3210   8,762,000    27.a
         

 

 

    

b. Noncontrolling (minority) interests in consolidated subsidiaries

3000   112,000    27.b
         

 

 

    

28. Total equity capital (sum of items 27.a and 27.b)

G105   8,874,000    28
         

 

 

    

29. Total liabilities and equity capital (sum of items 21 and 28)

3300   53,547,000    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 external auditors as of any date during 2013

  

 

RCFD

  

 

 

 

Number

 

  

  
   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

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 submits a report on the consolidated holding company (but not on the bank separately)

3 = Attestation on bank management’s assertion on the effectiveness of the bank’s internal control over financial reporting by a certified public accounting firm.

 

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)
 

5 =

  Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)
 

6 =

  Review of the bank’s financial statements by external auditors
 

7 =

  Compilation of the bank’s financial statements by external auditors
 

8 =

  Other audit procedures (excluding tax preparation work)
 

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

 

(1) Includes limited-life preferred stock and related surplus.
(2) 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.
(3) Includes treasury stock and unearned Employee Stock Ownership Plan shares.