ALJ/JPO/avs DRAFT Agenda ID #3174

Ratesetting

4/1/2004 Item 44

Decision DRAFT DECISION OF ALJ O'DONNELL (Mailed 1/12/2004)

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

In Re Application of WilTel Local Network, LLC (U-6316-C) Pursuant to Public Utilities Code Section 854 for Expedited Ex Parte Approval of a Transfer of Control.	Application 03-10-034 (Filed October 6, 2003)
In Re Application of WilTel Local Network, LLC (U-6316-C) Pursuant to Public Utilities Code Section 854 for Expedited Ex Parte Approval of a Transfer of Control.	Application 03-10-035 (Filed October 6, 2003)

DECISION AUTHORIZING TRANSFER OF
CONTROL AND IMPOSING A FINE

Summary

This decision grants Application (A.) 03-10-034 of WilTel Local Network, LLC (U-6316-C) (WLN), formerly known as Williams Local Network, LLC, for approval of the transfer of control of WLN from Williams Communications Group, Inc. (old WCG) to WilTel Communications Group, Inc. (new WCG). In addition, we grant WLN's A.03-10-035 for approval of the acquisition of a controlling interest in new WCG, resulting in a controlling interest in WLN, by Leucadia National Corporation (Leucadia). In both cases the approvals are prospective in nature. Also, we impose fines totaling of $10,000 for failure to obtain advance approvals of the two transfers.