HomeMy WebLinkAbout20221011Supplemental Filing.pdfLeonl". Nowalslqy
Edward P. Gothard
NOWALSKY & GOTIIARD
A Professional Limited Liability Company
Attonreys at Law
1420 Veterarrs Memorial Boulevard
Metafuie, Louisiana 70005
Telephone : (504) 832-1984
Facsimile: (504) 83 I -0892
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October ll,2022
VIA EIT{AIL
Ian Noriyuki, Commission Seuetary
Idaho Public Utilities Commission
11331 W. ChindenBlvd., Suite201-4.
Boise,ID 83714
RE: Name Change - Magpas LLC to RingSquared Telecom LLC
Supplement to Case No. I{AC-T-22-01
Dear Secretary Noriyuki:
Per Staffrequesq please allowthis letter to firther clari& certaitr information surrounding
the request for uame change.
1. On July 8,2021, Magpas Holdings LLC ('lvlagna5 Holdings'), Magna5's parent
company, and Intenrational Telcom LLC entered into a Unit Purchase Agreement whereby
Internatioual Telcom ageed to ptuchase the equity interest in Magrras from Magna5 Holdiugs.
Pursuant to the Agreement Intemational Telcom acguired all of the ownership units of Magna5
and consuomated the tansaction on November 4,2027. Magnas LLC ('Magna5') provided
notice to the Idaho Public Utilities Commission of their transfer of oumership/contol to
International Telcom on December 13, 2021 (copy attached).
2. RingSquared Telecom LLC (fta Ivlagnas LLC) will cootinue as a telecommunications
company providing the same seryices to its Idaho customers.
3. The day-to-day management of RingSquared (Ara Magnas) will remain in place as the
ownership change occurred atthe parent company level.
4. The transastion was transparent and had no negative impact to Idaho customers.
Should you have any questions regarding this matter, plcase do not hesitate to contact
rmdersigned counsel.
Siucerely,
/V Becky Heggeluud
Becky Heggelund
Regulatory Assistant
Leoal. Nowalslcy
EdvEdP- Gothard
NOWAISKY& GOTHARD
A Professional Linited Liability Company
Attomeys dl-aw
1420 Veterans Mem.orial Boulercd
Metairiq Louisiana 70005
Tele,phono: (504) 832-1984
Facsimilq (504) 83 I -0892
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December 13,202L
VIA OIIERMGIIT IVIAIL
Jan Nodnrkl Cormission Secreary
Idaho Fublic Utilities Conooission
1i331 W. Chinden BIvd., Suite 201-A
Boiss ID 837L4
RE: Ivlagnas LLC-TransferofContolNotifioation
Dea SeeotaryNoriyuki:
\dagna5 LtC ClvIagnaf) hs"by uotifios thc Idaho Public Utilities Commission of the
tansfcr of coatool of It[agnas to Idematioaal Tolcom, LLC ('lutemational Tclcom). I{egnas
is a registeced providcr of loqg disance ad local exchmge semioes pusr:ant to authority gmored ,
in Case No. lv[AG-T-l 7-01, Ordcr No . 3 404l. daded 4fi AlLg "
It is Magnas's tmde,rstandiug tlat fomal Cornissioo aplroval of the tarx*ction is not
required- Accordiqgly, I\dagna5 strtmits this lotcr for infomafional In4poses to ensure tho
codintting accrracy ofthe Board's reoords.
On }rly 8, 2V21, N?agolrs Holilings IJ;Ctt flrrga5 Hoklings), Magna5's par€ot
cotqpmy, and Intrrnational Telcom eutaroil into a lJnit h]rchase Agreemeot (the "fuleaeof)
whereby International Telcona agrecd to puchase the cquity interest in Magpas from Magna5
Holdings. husuant to the Agreement Intcoational Teloom acEfred all of&e ovmcrship units
of lGgpa5 and cousummatpd the taasactiou on Novem.b a 4,2AL
Tho hmsactionrpill ensure tLE ooutinuity of operations for lvfagnaS to the ultimate bcnofit
of sustome,rs who will cortinue to reoeivo rlrint€rnrpted access to tclocommunicatioas and
infomation sewiccs. The trnsactioa will oaiy altrr lv{agpas's ovnrership. Ivlagna5's sustomsrs
will contiaucto receivc sr&stantially the same servicos ard. tthp same rates, terms, and conditiors
of senicE. There wiU be no distrption to my oustomer-frcing opcrations such as ordering;
senricc installation, oustoma sorvice, md billing, ]l&ich will oontioue to be provided as before.
Additionally, tho trausastion wiil result in no disnrption to any orrs.tomer-&cing operations srch as
I Mrgoas HoldiDSF is a holdiug courpay ftu does not hold a connuicatious liceoses or povide commlnicatiols
sorvicss intbis sBtc or othcnryise-
Idaho hblic Ufilities Ccmmission
Pagre Q.-
Decea:lber I3,AUZL
ordering; service installatioa, oustoncr sertrice, 6d lilling which will coutinue to be provided as
before.
ThetusactionwillhavenotadversceftoG oarheqlality ofwvicccr$oyedbylvlagnaS's
custom€rs. Any firnre cLaarges will result from thc sornal course oftnrsiness operdiols, zts was
the case priorto the tcansac.tioa
' ODcc the transastion is coupletd Iatemational Telcom will contiaue to be te&nicalln
nanagedaUy, ad fnaacially wellqualified to be the ultitrEto orraer of Magnas. IJkwriso,
\iagoa5 will coutinue 1o tr vs 1trs mnnegeri4 teqhrdcal, finalcial aud customctr cale gualtEcdions
to provide bigh qrlality tclocomunications to cousma.crs thoughout Iowa
Qrestions rogrardiag this uotificdion uay be directecl to:
LeouNovralsry, Esq.
Nouralslry & Gotbatd, APLLC
1420 Vetuar$ Ivlemorial Blvd
Ivletairie, LA 70005
Bmait Inowalskv@nbglaw.om
Counsel for Inteanatioual Tclcom, LLC
Pleaso date-stanp and rstum tbe earolosod additional copy oftbis le'ttur iothp envelopc
provided as widoce ofthc filing.
' Shouidyou have any Ercstions rqadiagthis mdtcr, pleasc do aothositdeto contact
undersigned counsel,
Sinccc,ely
/^ ilr'ru
LoonNovnlstrqy, fuq. /1t l\)
Nowalsky & Crotbad, APLLC
1420 Vef€ras Memorial Blvd.
MstairiqLA70005
Phoue (504)832-1984
B,IvIaiL laowalskv@nbglaw.com
Ca:nscl for !t'eindional To1coar, LLC.