III. Protests

ORA timely protested Verizon's application. ORA contends that Verizon should supplement its application with more detail about the precise assets to be transferred. It alleges that Verizon should not value the advanced services piece by piece, but rather value the entire package of services as a (presumably more valuable) "going concern." ORA seeks to have Verizon compensate its ratepayers for the value of the assets to be transferred, presumably since those assets originally were acquired with ratepayer funds. It also raises concerns about the transfer's effects on competitors and customer service. It asks for hearings on Verizon's application.