d. Are there any implications for public safety from the transaction? 2.1. Positions Regarding Compliance with Applicable Provisions of the Public Utilities Code 2.1.1. Applicants’ Position While Applicants dispute the applicability of §§ 854(b) and (c), as noted above, they nonetheless lay out how their Transaction meets those provisions’ basic requirements. Even if they do apply, Applicants contend, the Commission should waive review under those sections, given the highly competitive marketplace in which the subject utilities operate. To the extent Applicants offer assertions about the way in which the Transaction provides the type of benefits required under § 854(b), we discuss them below. 2.1.1.1. Short and Long Term Economic Benefits of the Transaction, § 854(b)(1) Applicants claim the transfers may result in significant economic benefits for California consumers and local economies. Among other things, they assert, the transfers may yield significant synergy savings, which may be spread across a variety of platforms and services and can result in increased investment and improved and expanded voice and enterprise services. 2.1.1.2. Allocation of the Economic Benefits of the Transaction, § 854(b)(2) Because they do not that § 854(b) applies to the Transaction, Applicants do not state how the transaction allocates, where the “equitably commission has ratemaking authority, the total short-term and long-term forecasted benefits of the transaction, with ... receiv[e] not less “ “[r]atepayers than 50 percent of those benefits.” (§ 854(b)(2).)
d. Are there any implications for public safety from the transaction? 2.1. Positions Regarding Compliance with Applicable Provisions of the Public Utilities Code 2.1.1. Applicants’ Position While Applicants dispute the applicability of §§ 854(b) and (c), as noted above, they nonetheless lay out how their Transaction meets those provisions’ basic requirements. Even if they do apply, Applicants contend, the Commission should waive review under those sections, given the highly competitive marketplace in which the subject utilities operate. To the extent Applicants offer assertions about the way in which the Transaction provides the type of benefits required under § 854(b), we discuss them below. 2.1.1.1. Short and Long Term Economic Benefits of the Transaction, § 854(b)(1) Applicants claim the transfers may result in significant economic benefits for California consumers and local economies. Among other things, they assert, the transfers may yield significant synergy savings, which may be spread across a variety of platforms and services and can result in increased investment and improved and expanded voice and enterprise services. 2.1.1.2. Allocation of the Economic Benefits of the Transaction, § 854(b)(2) Because they do not that § 854(b) applies to the Transaction, Applicants do not state how the transaction “equitably allocates, where the commission has ratemaking authority, the total short-term and long-term forecasted benefits of the transaction, “ with “[r]atepayers ... receiv[e] not less than 50 percent of those benefits.” (§ 854(b)(2).)
161475710.docx