ALJ/JLG/tcg Mailed 11/22/2002

Decision 02-11-051 November 21, 2002

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Joint Application of U.S. TelePacific Corp. and SIPCO Limited for Approval of Acquisition by SIPCO Limited of Indirect Control over U.S. TelePacific Corp.

Application 02-05-057 (Filed May 29, 2002)

OPINION GRANTING APPLICATION TO
ACQUIRE INDIRECT CONTROL

I. Summary

This decision grants the joint application of U.S. TelePacific Corp. (U-5721-C) (TelePacific) and SIPCO Limited (SIPCO) (Joint Applicants) for approval of the acquisition by SIPCO of indirect control over TelePacific. We also grant Joint Applicants' motion for a protective order.