On December 2, SpectrumCo, LLC, a joint venture between Willkie client Comcast Corporation, Time Warner Cable and Bright House Networks, announced it has entered into an agreement to sell its 122 Advanced Wireless Services spectrum licenses covering 259 million points-of-presence (POPs) to Verizon Wireless for $3.6 billion. Willkie is assisting Comcast in obtaining approval from the Federal Communications Commission for the transaction. Comcast owns 63.6% of SpectrumCo and will receive approximately $2.3 billion from the sale. Time Warner Cable owns 31.2% and will receive approximately $1.1 billion, and Bright House Networks owns 5.3% of the company and will receive approximately $189 million.

Gide Loyrette Nouel Warsaw is advising KGHM Polska Miedź S.A., the world’s ninth-largest producer of copper and third-largest producer of silver, on its acquisition of 100% of the shares in the Canadian mining firm Quadra FNX Mining Ltd. which is listed on the Toronto stock exchange and owns mines in the USA (Arizona and Nevada), Canada (Ontario) and Chile (Sierra Gorda).

Gide Loyrette Nouel Warsaw is advising KGHM Polska Miedź S.A., the world’s ninth-largest producer of copper and third-largest producer of silver, on its acquisition of 100% of the shares in the Canadian mining firm Quadra FNX Mining Ltd. which is listed on the Toronto stock exchange and owns mines in the USA (Arizona and Nevada), Canada (Ontario) and Chile (Sierra Gorda).

Baker Hostetler Business Associate Stephen T. Olson and Litigation Associate Carlos Ramos-Mrosovsky travelled to the West African country of Ghana earlier in October to advise on legal issues concerning the management of that country’s newfound oil wealth. Olson and Ramos-Mrosovsky travelled at the invitation of Oxfam America, a leading international development organization and client of Ramos-Mrosovsky’s.