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HomeMy WebLinkAbout20230721Application.pdfJuly 21, 2023 VIA ELECTRONIC FILING Jan Noriyuki Commission Secretary Idaho Public Utilities Commission P.O. Box 83720 Boise, ID 83720-0074 Re: Notification of Name Change of Metropolitan Telecommunications of Idaho, Inc. to Metropolitan Telecommunications of Idaho, LLC Dear Secretary Noriyuki: Metropolitan Telecommunications of Idaho, Inc. (“MetTel”), by its undersigned counsel, hereby notifies the Idaho Public Utilities Commission (“Commission”) of its conversion to a limited liability company resulting in a name change to Metropolitan Telecommunications of Idaho, LLC. This Notification arises from a change in business organizational structure only, and will not result in any changes in management, operations, rates, services or regulatory obligations. Upon a review of Idaho statutes and regulations, MetTel understands that prior approval is not required to complete the transaction described herein. MetTel submits this Notification for the Commission’s information and requests that it be retained by the Commission in the appropriate file. In the event the Commission determines that approval of the transaction is required, however, this letter should serve as a request for expedited approval. MetTel further states as follows: I. Description of Metropolitan Telecommunications of Idaho, Inc. MetTel is a privately held corporation organized pursuant to the laws of Delaware whose principal business is telecommunications. MetTel is a wholly owned subsidiary of Manhattan Telecommunications Corporation and indirect subsidiary of MetTel Holding, a privately held Delaware holding company. MetTel Holding, through its subsidiaries, is a strategic partner providing a comprehensive suite of voice and data solutions as well as telecommunications consulting services to leading businesses nationwide. From traditional voice services to MPLS networks and Voice over IP technologies, MetTel Holding offers a complete portfolio of products. MetTel was authorized by the Commission to provide local and interexchange telecommunications services on August 8, 2001 in Docket No. MRO-T-05-1, Cause No. 41926 (the “ID CPCN”). In addition to the services provided by MetTel to Idaho customers, MetTel’s affiliates are authorized by the various state public service commissions to provide facilities-based and/or resold interexchange telecommunications services, and competitive local exchange services in 49 other states, RECEIVED Friday, July 21, 2023 10:53:04 AM IDAHO PUBLIC UTILITIES COMMISSION CASE NO. MRO-T-23-01 PAGE 2 the District of Columbia, Puerto Rico, and Canada pursuant to certification, registration or tariff requirements, or on a deregulated basis. II. Designated Contacts III. Description of the Internal Restructuring 1 The conversion changes the business organization form and name only of the certificated entity. There will be no change in the certificated entity’s ownership, management, operation, rates or service offerings or responsibility for regulatory obligations upon conversion of all the MetTel operating companies. Metropolitan Telecommunications of Idaho, Inc. currently invoices customers under the name “MetTel” and Metropolitan Telecommunications of Idaho, LLC will continue to invoice customers under the name “MetTel”. Accordingly, the name change is minimal, as it applies only to the organization form after the entity’s name, and will cause no confusion to customers. 1 See Del. Code Ann. tit. 8 § 266(h) (“When a corporation has been converted to another entity or business form pursuant to this section, the other entity or business form shall, for all purposes of the laws of the State of Delaware, be deemed to be the same entity as the corporation.” PAGE 3 In addition, upon completion of the conversion of all MetTel operating companies, an intermediate holding company, MetTel PI, LLC — also a Delaware limited liability company — will be inserted between MetTel’s ultimate parent company, MetTel, Inc., and the indirect parent, MetTel Holding. This entity will be controlled by MetTel, Inc. It will be structured to permit other individuals or entities to obtain purely economic rights, such as the right to participate in distributions above a certain amount; however, these members will have no voting or management rights and all control will remain with MetTel, Inc. MetTel’s managerial, technical, and financial qualifications that supported the grant of MetTel’s CPCN remain the same. MetTel’s tariff has been updated to reflect the new name and is available online here. MetTel, Inc. is implementing this internal restructuring to streamline operations and administration, facilitate financing and other transactions and for other business purposes. IV. Public Interest Considerations The internal corporate restructuring described herein will serve the public interest for several reasons. The conversions will in no way diminish the availability, quality, and affordability of the telecommunications services offered to MetTel’s Idaho customers. Since the only change arising from the conversions will be the certificated entity’s conversion from a corporation to a limited liability company and the creation of an intermediate holding company, there will be no changes in network coverage, services or rates as a result of the consummation of the conversions. Moreover, because customer invoices will not change, most MetTel subscribers will not even notice that their provider had undergone an internal corporate restructuring. Finally, the conversions should raise no antitrust concerns, because the participating entities are wholly owned and controlled by the same parent organizations. As such, there will be no transfer of control of any business operations. In sum, the conversions will serve the public interest by preserving and enhancing MetTel’s strengths without posing any threat of anticompetitive effects or other public interest harms, and they will be largely invisible to consumers. V. Conclusion For the reasons stated above, MetTel respectfully submits that the public interest, convenience, and necessity would be furthered by the proposed transaction. Accordingly, MetTel respectfully advises the Commission of its participation in the transaction as described above. PAGE 4 If there are any questions regarding this filing, please do not hesitate to contact Michael Donahue at mpd@commlawgroup.com or (703) 714-1319. Respectfully submitted, Michael P. Donahue Counsel for Metropolitan Telecommunications of Idaho, Inc. EXHIBIT LIST EXHIBIT A Metropolitan Telecommunications of Idaho Certificate of Formation, Certificate of Conversion to a Limited Liability Company and Certificate of Authority to Transact Business in Idaho Delaware The First State Page 1 You may verify this certificate online at corp.delaware.gov/authver.shtml I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF DELAWARE DO HEREBY CERTIFY THAT THE ATTACHED IS A TRUE AND CORRECT COPY OF THE CERTIFICATE OF FORMATION OF “METROPOLITAN TELECOMMUNICATIONS OF IDAHO, LLC” FILED IN THIS OFFICE ON THE TWENTY-FIRST DAY OF JANUARY, A.D. 2022, AT 1:43 O`CLOCK P.M. Delaware The First State Page 1 You may verify this certificate online at corp.delaware.gov/authver.shtml I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF DELAWARE, DO HEREBY CERTIFY THAT THE ATTACHED IS A TRUE AND CORRECT COPY OF THE CERTIFICATE OF CONVERSION OF A DELAWARE CORPORATION UNDER THE NAME OF "METROPOLITAN TELECOMMUNICATIONS OF IDAHO, INC." TO A DELAWARE LIMITED LIABILITY COMPANY, CHANGING ITS NAME FROM "METROPOLITAN TELECOMMUNICATIONS OF IDAHO, INC." TO "METROPOLITAN TELECOMMUNICATIONS OF IDAHO, LLC", FILED IN THIS OFFICE ON THE TWENTY-FIRST DAY OF JANUARY, A.D. 2022, AT 1:43 O`CLOCK P.M. EXHIBIT B Pre-Transaction Ownership Structure MetTel, Inc. Metropolitan Telecommunications Holding Company Manhattan Telecommunications Corporation Metropolitan Telecommunications of Idaho, Inc. Each line above between entities represents 100% voting interest ownership. EXHIBIT C Post-Transaction Ownership Structure MetTel, Inc. Metropolitan Telecommunications Holding, LLC Manhattan Telecommunications, LLC Metropolitan Telecommunications of Idaho, LLC Each line above between entities represents 100% voting interest ownership. MetTel PI, LLC