SC 13D/A 1 h58086a7sc13dza.htm AMENDMENT NO.7 TO SCHEDULE 13D sc13dza
Table of Contents

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
SONUS NETWORKS, INC.
 
(Name of Issuer)
Shares of Common Stock, par value $0.001 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)
June 30, 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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(c), 240.13d-1(f) or 240.13d-1(g), check the following box. o
The information required on 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 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.


Table of Contents

                     
CUSIP No.
 
835916107 
  Page  
  of   
8 Pages 

 

           
1   Name 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 (See Instructions)

  (a)   o 
  (b)   o 
     
3   SEC Use Only
   
   
     
4   Source of Funds (See Instructions)
   
  WC
     
5   Check 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 if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
   
  o
     
13   Percent of Class Represented by Amount in Row (11)
   
  24.8%*
     
14   Type of Reporting Person (See Instructions)
   
  OO
* The calculation of the foregoing percentage is based on 271,138,012 shares of Common Stock outstanding as of May 2, 2008, as reported in the Issuer‘s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2008.


Table of Contents

                     
CUSIP No.
 
835916107 
  Page  
  of   
8 Pages 

 

           
1   Name 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 (See Instructions)

  (a)   o 
  (b)   o 
     
3   SEC Use Only
   
   
     
4   Source of Funds (See Instructions)
   
  WC
     
5   Check 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 if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
   
  o
     
13   Percent of Class Represented by Amount in Row (11)
   
  24.8%*
     
14   Type of Reporting Person (See Instructions)
   
  OO
* The calculation of the foregoing percentage is based on 271,138,012 shares of Common Stock outstanding as of May 2, 2008, as reported in the Issuer‘s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2008.


Table of Contents

                     
CUSIP No.
 
835916107 
  Page  
  of   
8 Pages 

 

           
1   Name 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 (See Instructions)

  (a)   o 
  (b)   o 
     
3   SEC Use Only
   
   
     
4   Source of Funds (See Instructions)
   
  WC
     
5   Check 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 if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
   
  o
     
13   Percent of Class Represented by Amount in Row (11)
   
  24.8%*
     
14   Type of Reporting Person (See Instructions)
   
  OO
* The calculation of the foregoing percentage is based on 271,138,012 shares of Common Stock outstanding as of May 2, 2008, as reported in the Issuer‘s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2008.


Table of Contents

                     
CUSIP No.
 
835916107 
  Page  
  of   
8 Pages 

 

           
1   Name 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 (See Instructions)

  (a)   o 
  (b)   o 
     
3   SEC Use Only
   
   
     
4   Source of Funds (See Instructions)
   
  WC
     
5   Check 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 if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
   
  o
     
13   Percent of Class Represented by Amount in Row (11)
   
  24.8%*
     
14   Type of Reporting Person (See Instructions)
   
  OO
* The calculation of the foregoing percentage is based on 271,138,012 shares of Common Stock outstanding as of May 2, 2008, as reported in the Issuer‘s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2008.


Table of Contents

                     
CUSIP No.
 
835916107 
  Page  
  of   
8 Pages 

 

           
1   Name 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 (See Instructions)

  (a)   o 
  (b)   o 
     
3   SEC Use Only
   
   
     
4   Source of Funds (See Instructions)
   
  WC
     
5   Check 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 if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
   
  o
     
13   Percent of Class Represented by Amount in Row (11)
   
  24.8%*
     
14   Type of Reporting Person (See Instructions)
   
  OO
* The calculation of the foregoing percentage is based on 271,138,012 shares of Common Stock outstanding as of May 2, 2008, as reported in the Issuer‘s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2008.


TABLE OF CONTENTS

Item 4. Purpose of Transaction
Item 7. Material to be Filed as Exhibits
SIGNATURE
Letter from the Reporting Persons to the Issuer


Table of Contents

EXPLANATORY NOTE
     This Amendment No. 7 amends the Statement on Schedule 13D (the “Schedule 13D”) filed with the Securities and Exchange Commission (the “Commission”) on August 6, 2007, Amendment No. 1 filed with the Commission on September 10, 2007, Amendment No. 2 filed with the Commission on December 13, 2007, Amendment No. 3 filed with the Commission on December 26, 2007, Amendment No. 4 filed with the Commission on April 21, 2008, Amendment No. 5 filed with the Commission on June 19, 2008 and Amendment No. 6 filed with the Commission on June 23, 2008, 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 July 1, 1996. Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D.
Item 4. Purpose of Transaction
     The disclosure in Item 4 of the Schedule 13D is hereby amended by adding the paragraph below as a new paragraph following the last paragraph of the current disclosure:
     On June 30, 2008, the Reporting Persons delivered a letter to the Issuer’s chief executive officer addressing the Issuer’s adoption of a stockholder rights plan and certain other matters. A copy of the letter is attached hereto as Exhibit 1.
Item 7. Material to be Filed as Exhibits
     The disclosure in Item 7 of the Schedule 13D is hereby supplemented by adding the following Exhibits.
Exhibit 1 – Letter from the Reporting Persons to the Issuer, dated June 30, 2008.

 


Table of Contents

SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated as of June 30, 2008
         
  GALAHAD SECURITIES LIMITED
 
 
  By:   /s/ Mark A. Stoleson    
    Mark A. Stoleson   
    Director   
 
  LEGATUM CAPITAL LIMITED
 
 
  By:   /s/ Mark A. Stoleson    
    Mark A. Stoleson   
    Director   
 
 
  LEGATUM GLOBAL HOLDINGS LIMITED
 
 
  By:   /s/ Mark A. Stoleson    
    Mark A. Stoleson   
    Director   
 
 
  LEGATUM GLOBAL INVESTMENT LIMITED
 
 
  By:   /s/ Mark A. Stoleson    
    Mark A. Stoleson   
    Director   
 
 
  SENATE LIMITED, acting on behalf of that certain trust
formed under the laws of The Cayman Islands as of 1 July 1996 
 
 
By:   /s/ Mark A. Stoleson    
    Mark A. Stoleson   
    Director