Gsm Association

“GSMA HAS operator MEMBER, ASSOCIATE MEMBER AND RAPPORT MEMBERSHIP CATEGORIES. Only Operator Members have voting rights. Associate Members and Rapporteurs do not have any voting rights. The number of votes allocated to a Member is proportionate to the amount of the annual Dues which a Member has paid. Members have the following powers: The ratification every two years of the Board in its entirety; the dismissal of the Chairman, individual members of the Board or the Director General.”

“Every two years, the GSMA conducts an election process to appoint the 25-member board. Thirteen seats on the Board are reserved for the thirteen largest mobile operators, based on wireless revenues and wireless connections. The remaining 12 seats are selected by the outgoing board based on a number of criteria contained in the GSMAs governance documents. The resulting slate of 25 Board members is presented to the members for ratification.”

“The 990 is reviewed by senior members of the management team and outside legal counsel.”

“Directors and officers are required to execute annual written certifications of compliance with the conflict of interest policy. Any exceptions must be disclosed and reviewed by the organization. The directors and officers have certified their compliance with the policy for this tax year.”

“GSMA's human resources staff performs benchmarking studies to determine all officer compensation packages. These studies utilize external data on each element of the packages including base salary, incentive compensation, and benefit programs. Remuneration of the CEO is determined by the non-executive chairman.”

“GSMA maintains public disclosure copies of its governing documents, conflict of interest policy and financial statements at its principal office. These copies are available upon a written or in-person request for access.”

“GSMA's financial statements are presented in British Pounds. The amounts reported on Part X of the Form 990 were converted from British Pounds to US Dollars using the conversion rate at 3/31/15 of 1.4992. The amounts reported on Part VIII and Part IX of the Form 990 were converted from British Pounds to US Dollars using the average conversion rate for the fiscal year ended 03/31/15 of 1.6129. The foreign currency conversion results in an adjusting item to the organization's change in net assets for the period which is reported on Form 990, Part XI, line 9. The financial statements were compiled following international financial reporting standards and received an unqualified audit opinion.”

“Network 2020 - placing mobile networks at the heart of the all-IP broadband era, enabling secure, smart, interoperable and seamless IP-based communications services.”

“$ 11,939,154 Foreign Currency Conversion Adjustment 205,483 Equity Investment in Subsidiary ------------ $ 12,144,638 Net Adjustment”

“GSMA's financial statements (and thus the Form 990) have been prepared under the historical cost convention.”

“Description:contractors total fees:20225311”

“Description:tax advisory fees total fees:165456”

“Description:other research & consulting total fees:3952889”

“Description:spectrum/advocacy total fees:5026817”

“Description:personal data total fees:668524”

“Description:mobile identity total fees:493314”

“Description:mobile commerce total fees:852831”

“Description:connect living total fees:702713”

“Description:future of communications total fees:1073608”