ALJ/KK2/amt Date of Issuance 12/19/08
Decision 08-12-047 December 18, 2008
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Joint Application of First Communications, LLC, (U-6837-C) Xtension Services, Inc., (U-6508-C); and Globalcom, Inc. (U-6093-C) and Renaissance Acquisition Corp. For Approval of a Transfer of Control. |
Application 08-09-012 (Filed September 16, 2008) |
1. Summary
This decision grants the request of First Communications, LLC (FCL), Xtension Services, Inc. (Xtension), and Globalcom, Inc.1 (Globalcom) and Renaissance Acquisition Corp. (RAC), jointly referred to as Applicants, pursuant to Pub. Util. Code § 854, for approval of a proposed transaction that will result in the transfer of control of FCL, Xtension, and Globalcom to RAC.
No transfer of certificates, assets or customers will occur as a consequence of the proposed transaction. FCL, Xtension, and Globalcom will continue to provide services to their existing customers in California pursuant to those authorizations under the same rates, terms and conditions. This application is unopposed. This proceeding is closed.
1 Globalcom and First Communications, Inc. (FCI) filed an Advice Letter with the Commission for the indirect transfer of control of Globalcom to FCI. See Advice Letter 32 filed on July 26, 2008. On October 2, 2008, that transfer of control transaction was consummated, and Globalcom became a wholly-owned subsidiary of FCI.
