Looks like Senate tire of shenanigans. 13D filed today:
SCHEDULE 13D
(Amendment No. 4)
Under the Securities Exchange Act of 1934
SONUS NETWORKS, INC.
(NAME OF ISSUER)
Shares of Common Stock, par value $.001 per share
(Title of Class of Securities)
835916107
(CUSIP NUMBER)
Darrin Payne
P.O. Box 71082
Dubai, United Arab Emirates
+971-4317-5800
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
21 April 2008
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or
13d-1(g) check the following box o
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934, as amended (the "Act"), or otherwise
subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act.
CUSIP No.
835916107
13D
1 NAMES OF REPORTING PERSONS
Galahad Securities Limited
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
o
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
7 SOLE VOTING POWER
NUMBER OF 67,295,079
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 67,295,079
WITH 10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
67,295,079
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.9%
14 TYPE OF REPORTING PERSON*
OO
* SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No.
835916107
13D
1 NAMES OF REPORTING PERSONS
Legatum Capital Limited
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
o
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
7 SOLE VOTING POWER
NUMBER OF 67,295,079
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 67,295,079
WITH 10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
67,295,079
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.9%
14 TYPE OF REPORTING PERSON*
OO
* SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No.
835916107
13D
1 NAMES OF REPORTING PERSONS
Legatum Global Holdings Limited
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
o
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
7 SOLE VOTING POWER
NUMBER OF 67,295,079
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 67,295,079
WITH 10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
67,295,079
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.9%
14 TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No.
835916107
13D
1 NAMES OF REPORTING PERSONS
Legatum Global Investment Limited
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
o
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
7 SOLE VOTING POWER
NUMBER OF 67,295,079
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 67,295,079
WITH 10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
67,295,079
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.9%
14 TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No.
835916107
13D
1 NAMES OF REPORTING PERSONS
Senate Limited, acting on behalf of that certain trust formed under
the laws of The Cayman Islands as of 1 July 1996.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b) o
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
o
6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Cayman Islands
7 SOLE VOTING POWER
NUMBER OF 67,295,079
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 67,295,079
WITH 10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
67,295,079
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.9%
14 TYPE OF REPORTING PERSON*
OO
* SEE INSTRUCTIONS BEFORE FILLING OUT
SCHEDULE 13D
Item 1. Security and Issuer
This Amendment No. 4 amends the Statement on Schedule 13D (the
"Schedule 13D") filed with the Securities and Exchange Commission (the
"Commission") on 6 August 2007, Amendment No. 1 filed with the
Commission on 10 September 2007, Amendment No. 2 filed with the
Commission on 13 December 2007, and Amendment No. 3 filed with the
Commission on 26 December 2007 by Galahad Securities Limited, Legatum
Capital Limited, Legatum Global Holdings Limited, Legatum Global
Investment Limited and Senate Limited, acting on behalf of that
certain trust formed under the laws of The Cayman Islands as of 1 July
1996. The following amendments to the Schedule 13D are hereby made.
Unless otherwise defined herein, all capitalized terms shall have the
meanings ascribed to them in the Schedule 13D.
Item 2. Identity and Background
The name, business address, and principal occupation or
employment of each director and officer of the Reporting Persons are
set out in Schedule A hereto and incorporated herein by reference.
Item 4. Purpose of the Transaction
The Reporting Persons are currently reviewing and intend to
review their investment in the Issuer on a continuing basis.
Representatives of the Reporting Persons have had conversations with
the Issuer's management. Discussions to date have been in the ordinary
course and have related primarily to the business, financial
performance, operations, and strategic plans of the Issuer. The
Reporting Persons intend to continue to pursue discussions with the
Issuer's management. As a result of the Reporting Persons' ongoing
review and evaluation of the business, they may communicate with the
board of directors, other shareholders and/or third parties from time
to time with respect to substantive operational, strategic, financial
or governance matters, or otherwise encourage action that the
Reporting Persons believe in their discretion will enhance shareholder
value.
Additionally, the Reporting Persons may consider the following
future courses of action: (i) continuing to hold the Common Stock for
investment; (ii) disposing of all or a portion of common stock in open
market sales or in privately-negotiated transactions; (iii) acquiring
additional shares of common stock on the open market, in privately
negotiated transactions, or by extraordinary corporate transaction; or
(iv) a change in the present board of directors and/or management of
the Issuer. The Reporting Persons have not as yet determined which of
the courses of action specified in this paragraph it may ultimately take.
Except as described above the Reporting Persons have no plans or
proposals which relate to or would result in any of the matters
described in paragraphs (a) to (j) under Item 4 of the Schedule 13D.
The Reporting Persons reserve the right to modify their plans
described in this Item 4.
Item 7. Material to be Filed as Exhibits
Schedule A Item 2 Reporting Persons |
