COM/LYN/edf/mel ALTERNATE DRAFT Alt. Agenda ID #3173
Ratesetting
Decision ALTERNATE DRAFT DECISION OF COMMISSIONER LYNCH (Mailed 3/18/2004)
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
In Re Application of WilTel Communications, LLC (U-6146-C) Pursuant to Public Utilities Code Section 854 for Expedited Ex Parte Approval of a Transfer of Control. |
Application 03-10-032 (Filed October 6, 2003) |
|
In Re Application of WilTel Communications, LLC (U-6146-C) Pursuant to Public Utilities Code Section 854 for Expedited Ex Parte Approval of a Transfer of Control. |
Application 03-10-033 (Filed October 6, 2003) |
DECISION AUTHORIZING TRANSFER OF
CONTROL AND IMPOSING A FINE
Summary
This decision grants Application (A.) 03-10-032 of WilTel Communications, LLC (U-6146-C) (WTC), formerly known as Williams Communications, LLC, for approval of the transfer of control of WTC from Williams Communications Group, Inc. (old WCG) to WilTel Communications Group, Inc. (new WCG).1 In addition, we grant WTC's A.03-10-033 for approval of the acquisition of a controlling interest in new WCG, resulting in a controlling interest in WTC, by Leucadia National Corporation (Leucadia).2 In both cases the approvals are prospective in nature. Also, we impose fines totaling 20,000 for failure to obtain advance approvals of the two transfers.
1 Hereafter this transaction will be referred to as "Wiltel's First Transaction." 2 Hereafter this transaction will be referred to as "Wiltel's Second Transaction."
