Tekify shall not perform any full facilitiesbased construction activities without first obtaining an NTP from the Energy Division or authorization by the Commission after the requisite environmental review. We have previously determined that the public convenience and necessity require that competition be allowed in the provision of competitive local exchange service, Rulemaking 9504043/Investigation 9504044. Granting this application will benefit the public interest by expanding the availability of technologically advanced telecommunications services within the state. Financial Qualifications To be granted a CPCN, an applicant for authority to provide fullfacilities and resold local exchange and interexchange services must demonstrate that it has a minimum of $100,000 (cash or cash equivalent, reasonably liquid and readily available to meet the firm’s startup expenses. An applicant must also demonstrate that it has sufficient additional resources to cover all deposits required by local exchange carriers and/or interexchange carriers in order to provide the proposed service. In its application, Tekify provided the requisite documentation that $100,000 would be available to Tekify for one year following certification. Since Tekify has provided documentation that is possesses a minimum of $100,000 that is reasonably liquid and available, it has demonstrated that it has sufficient funds to meet its start-up expenses and has fulfilled this requirement. Tekify’s financial documentation will be subject to verification and review by the Commission for one year to ensure that such funds are available. Tekify states that no deposit is required by Pacific Bell Telephone Company, Verizon California, Inc., SureWest Telephone, and Citizens
Tekify shall not perform any full facilitiesbased construction activities without first obtaining an NTP from the Energy Division or authorization by the Commission after the requisite environmental review. We have previously determined that the public convenience and necessity require that competition be allowed in the provision of competitive local exchange service, Rulemaking 9504043/Investigation 9504044. Granting this application will benefit the public interest by expanding the availability of technologically advanced telecommunications services within the state. Financial Qualifications To be granted a CPCN, an applicant for authority to provide fullfacilities and resold local exchange and interexchange services must demonstrate that it has a minimum of $100,000 (cash or cash equivalent, reasonably liquid and readily available to meet the firm’s startup expenses. An applicant must also demonstrate that it has sufficient additional resources to cover all deposits required by local exchange carriers and/or interexchange carriers in order to provide the proposed service. In its application, Tekify provided the requisite documentation that $100,000 would be available to Tekify for one year following certification. Since Tekify has provided documentation that is possesses a minimum of $100,000 that is reasonably liquid and available, it has demonstrated that it has sufficient funds to meet its start-up expenses and has fulfilled this requirement. Tekify’s financial documentation will be subject to verification and review by the Commission for one year to ensure that such funds are available. Tekify states that no deposit is required by Pacific Bell Telephone Company, Verizon California, Inc., SureWest Telephone, and Citizens