2. The Parties
2.1. FCL
FCL is an Ohio Limited Liability Company located at 3340 West Market Street, Akron, OH 44333. FCL is a wholly-owned subsidiary of FCI, a Delaware corporation listed on the Alternative Investment Market of the London Stock Exchange (AIM). FCI, through its operating subsidiaries, FCL and Xtension, provides local, private line, and/or long distance services to both business and residential customers in 49 states. Its services include traditional local and long distance services, toll-free services, conference calling packages, calling cards, prepaid calling cards, Internet access and dedicated and private line services. FCL is authorized to provide local, private line, and/or long distance services to both business and residential customers in 49 states and holds domestic and international Section 214 authorizations from the Federal Communications Commission (FCC). In California, FCL is authorized to provide resold interexchange and resold and facilities-based local exchange services.2 Applicants request that the Commission take notice of Commission's record of proceedings Application (A.) 06-06-026 and A.06-11-013 which further details the services provided by FCL.
2.2. Xtension
Xtension, a wholly-owned subsidiary of FCI, is a corporation founded in 2000 under the laws of the state of Delaware. Its offices are currently located at 30 South Treasure Drive, Tampa, FL 33609. Xtension holds domestic and international Section 214 authorizations from the FCC and is authorized to provide long distance telecommunications services in 13 state and local exchange services in New Jersey. Xtension is authorized to provide resold interexchange telecommunications services, in California.3
2.3. Globalcom
Globalcom is an Illinois corporation with its principal offices located at 200 E. Randolph Street, Floor 23, Chicago, IL 60601. Globalcom is a wholly-owned subsidiary of FCI and provides a voice and data service provider primarily to small and medium sized business customers in Chicago area. It offers complete voice and data solutions including local and long distance, T-1, PRI, Internet T-1, IP Telephony, toll-free, international long distance, access & private networking, conference calling, managed solutions, consulting services, collocation, hosted services, VPN & security and monitoring services. In California, Globalcom is authorized to provide intrastate telecommunications services pursuant to resold and facilities-based local exchange and interexchange telecommunications services.4
2.4. RAC
RAC, a Delaware corporation with principal offices at 50 East Sample Road, Suite 400, Pompano Beach, FL 33064, is a publicly traded corporation on the American Stock Exchange (AMEX) under the symbol "RAK." RAC was organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, or other similar business combination with an operating business for the purpose of accomplishing this transaction. RAC has created a new merger subsidiary, FCI Merger Sub I, Inc. (Merger Sub I), a Delaware corporation and direct wholly-owned subsidiary of RAC, and has created FCI Merger Sub II, LLC (Merger Sub II) a Delaware limited liability company and direct wholly-owned subsidiary of RAC. Attachment A to the application is a current organizational chart reflecting the relationship of the Applicants prior to the transactions described herein as well as a post-transaction organizational chart.
2 Decision (D.) 03-10-066 and 07-03-030, respectively, dated October 22, 2003 and March 15, 2007.
3 D.01-03-006 dated March 5, 2001.
4 D.01-07-015, D.99-02-019 and D.98-12-002, respectively, dated July 12, 2001,
February 4, 1999, and December 1, 1998.
