ALJ/SRT/avs Mailed 7/5/2005

Decision 05-06-038 June 30, 2005

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

In the Matter of the Joint Application by AMERICATEL CORPORATION dba 1010 123 AMERICATEL (U 5918 C), and ALMENDRAL, S.A. for Authority to Transfer Control of an Authorized Telecommunications Carrier.

Application 05-01-030 (Filed January 28, 2005)

OPINION GRANTING PETITION FOR MODIFICATION

I. Summary

This order grants the Petition for Modification of Decision (D.) 05-03-033 filed by Americatel Corporation (Americatel) and Almendral, S.A. (Almendral) (Petitioners). Petitioners seek removal of the requirement in that decision that Almendral (the indirect acquirer of Americatel) have on deposit in a United States bank at least $25,000. They claim that because they have assets of $337 million and cash of $12 million in the nation of Chile, the requirement is an unnecessary administrative burden. In the narrow circumstances presented here, we believe Almendral need not make the $25,000 deposit. This decision is limited to the facts of this case and shall not serve as precedent in future cases.