Parties to the Transaction
IBFA is a Michigan limited liability company with its principal business office located in Elk Grove Village, Illinois. IBFA holds a certificate of public convenience and necessity (CPCN) authorizing the company to provide limited facilities-based and resold local exchange and interexchange services in California.2
James Grabowski and Casimir Wojciechowski are members of IBFA and are the sellers in this transaction.
Telava is a Delaware corporation and, according to the application, is not presently authorized to provide telecommunications services in any jurisdiction. Telava was formed on September 11, 2007 for the purpose of consummating a business combination in the telecommunications and technology sectors. The application states since its formation, Telava has reviewed and considered investment opportunities in the communications and high-technology industries, and has identified IBFA as an attractive candidate for a potential operating business combination.
Telava's parent company and sole shareholder is Telava Networks, Inc. (TNI), a Nevada corporation. According to the application, TNI is an integrated communications network provider (ICP) and owns a wireless broadband network covering more than 45 cities and towns in 22 states.
2 See Decision (D.) 05-07-034.
