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ALJ/SMW/jyc Date of Issuance 3/15/2010
Decision 10-03-008 March 11, 2010
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Application of NobelTel, LLC (U6739C) and Nobel Holding, Inc. for Approval of an Indirect Transfer of Control of NobelTel, LLC. |
Application 09-11-008 (Filed November 9, 2009) |
DECISION GRANTING TRANSFER OF CONTROL
AND FINING APPLICANTS FOR VIOLATION OF SECTION 854
OF THE PUBLIC UTILITIES CODE
NobelTel, LLC (NobelTel) and Nobel Holding, Inc. (Holding) filed an application for approval of an indirect transfer of control of NobelTel. By this decision, we authorize the transfer of ownership of NobelTel to Holding on the terms and conditions set forth in the ordering paragraphs.
This decision also requires Applicants to pay a fine of $5,000 based on their failure to obtain Commission authorization for this transfer of control, as required by § 854(a), before the closing of the sale of NobelTel to Holding.