Applicants indicate that the transaction will not result in any modifications to Broadvox and Onvoy’s existing tariffs, price lists or customer contracts. Applicants also represent that customers will continue to receive all existing services at the same rates, terms and conditions after the transfer of control. Applicants further represent that acquisition by GTCR will permit Broadvox and Onvoy to have access to additional financial resources which will enable them to better meet the needs of their customers and to better compete in the telecommunications marketplace. Procedural Matters The Applicants the application on January 14, 2016, along with Exhibits A through I. Notice of the Application was published in the Commission’s Daily Calendar on January 27, 2016. The application is unopposed. Discussion The Applicants request Commission authorization pursuant to § 854 for the transfer of control of Broadvox and Onvoy to GTCR. Section 854 states, in relevant part, as follows: No person or corporation…shall merge, acquire, or control either directly or indirectly any public utility organized and doing business in this state without first securing authorization to do so from the commission…Any merger, acquisition, or control without that prior authorization shall be void and of no effect.
Applicants indicate that the transaction will not result in any modifications to Broadvox and Onvoy’s existing tariffs, price lists or customer contracts. Applicants also represent that customers will continue to receive all existing services at the same rates, terms and conditions after the transfer of control. Applicants further represent that acquisition by GTCR will permit Broadvox and Onvoy to have access to additional financial resources which will enable them to better meet the needs of their customers and to better compete in the telecommunications marketplace. Procedural Matters The Applicants the application on January 14, 2016, along with Exhibits A through I. Notice of the Application was published in the Commission’s Daily Calendar on January 27, 2016. The application is unopposed. Discussion The Applicants request Commission authorization pursuant to § 854 for the transfer of control of Broadvox and Onvoy to GTCR. Section 854 states, in relevant part, as follows: No person or corporation…shall merge, acquire, or control either directly or indirectly any public utility organized and doing business in this state without first securing authorization to do so from the commission…Any merger, acquisition, or control without that prior authorization shall be void and of no effect.
159694742.docx