8. The Commission Should Approve this Application for a Proposed Merger of the Parent Companies and Change in Control at this Time

In summary, we find that the proposed merger of the parent companies and resulting change of control of AT&T Broadband Phone and CBC do not violate any of the public interest criteria established in § 854 (c). In addition, this financial transaction raises no anti-trust or environmental issues. Moreover, the possible reorganization to LLC structure raises no public interest issues. Finally, by creating a financially stronger telephony company operating in California, the merger serves the public interest.

Since the information provided to us by the applicants enables us to reach theses conclusions, we find that no hearings or discovery are necessary. In addition, since Qwest's Motion for Leave lacks a nexus with the issues before this Commission, we deny it.