SEQUOIACAPITAL

THE ENTREPRENEURS BEHIND THE ENTREPRENEURS

U.S. CHINA INDIA ISRAEL

Julius Genachowski, Chairman May 24, 2011

Federal Communications Commission
l2l Street, SW
Washington, D.C. 20554

WT 11-65: In the Matter of applications ofAT&TInc. and Deutsche Telekom AGfor consent
to assign or Transfer Control of licenses and Authorizations

Dear Chairman Genachowski:

We enthusiastically support your policies that aim to free-up the spectrum necessary so all
network providers can construct next-generation broadband networks. We believe that the
combined spectrum positions and physical infrastructure of AT&T and T-Mobile will deploy a
4G LTE broadband service, that reaches 97% of the United States, in a far faster timeframe than
either firm could achieve on its own.

In our estimation, one of the greatest opportunities for future economic growth involves wireless
broadband and mobile devices. The rise of smartphones like the iPhone and Android devices has
created a powerful new computing platform on which many start-ups are being built. However,
this growth opportunity faces a challenge with the looming prospect of “spectrum exhaust”. If
overcrowded networks are unable to provide the bandwidth required, then millions-upon-
millions of Americans will not enjoy the benefits of the exciting new ideas, devices and
applications that are being developed by today’s start-ups and will be pursued by tomorrow’s
innovators.

We hope that you receive our collective voice on this important matter in proportion to the
audience we represent. We’re in the business of financing and helping technology start-ups
create new jobs, revive struggling communities and generate a substantial tax base. According to
the National Venture Capital Association, each year, the small community of venture capital
firms enable the start-ups they back to generate roughly $3 trillion in revenue, put more than 12
million people to work, and account for more than one-fifth of the total economy. From the
microchip to the mainframe to the PC to the Internet to mobile computing, venture capital have
been an integral part of an economic model that has stimulated growth time-and-time again.

SEQUOIA CAPITAL 3000 SAND HILL ROAD 4-250 MENLO PARK.C 94025 650.854 3927 T 650.854.2977 F SEQUOIACAP.COM
The technology start-ups we work with will be a key beneficiary of this more efficient and robust
national wireless network. We are in favor of the Commission approving this transaction.

Thank you for your consideration.

Jim

General Partner on behalf of Sequoia Capital

CC:

Commissioner Meredith Attwell Baker

Commissioner Mignon Clybum

Commissioner Michael Copps

Commissioner Robert McDowell