ALJ/JAR/jyc Date of Issuance 1/22/2010

Decision 10-01-011 January 21, 2010

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

In the Matter of the Investigation on the Commission's Own Motion into the Pacific Telesis Group's "spin-off" Proposal.

Investigation 93-02-028 (Filed February 17, 1993)

DECISION CLOSING PROCEEDING

Summary

After the Pacific Telesis Group's spin-off of its wireless subsidiaries in a separation transaction in 1993, this decision finds the 1994 independent auditors' recommendation to the Commission to have become moot. Moreover, there has not been a strong argument presented as to how or why the Commission should subject this matter to further uncertainty and challenge 15 years after the auditors submitted their report. Investigation 93-02-028 is closed.