HomeMy WebLinkAbout20141216Application Supplement.pdfMorgan, Lewis & Bockius t-t-p
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Russell M. Blau
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Jeffrey R. Strenkowski
Of Counsel
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December 15,2014
Via Overnisht Courier
Ms. Jean D. Jewell, Secretary
ldaho Public Utilities Commission
472 West Washington Street
Boise, ldaho 83702
secretary@puc. idaho. gov
Re: Docket No. TAL-T-14-01
SUPPLEMENT Talk America Services, LLC Application for Operating Authority
Dear Ms. Jewell:
This letter is intended to supplement the application for operating authority filed on behalf of Talk America Services,
LLC ("TAS) on or about September 23,2014. As part of that application, TAS stated that the Chief Executive Officer
("CEO') of the company is Anthony W. Thomas. Windstream recently named Mr. Thomas as its CEO, and as such,
Mr. Thomas has resigned his position as CEO of TAS, as well as TAS's parent company, Communications Sales and
Leasing, lnc. ("CSL"). TAS and CSL are curTently in the process of hiring a new CEO. We will provide an update with
the new CEO's biographical information when the new TAS CEO has been hired. For your reference, we are
attaching a press release issued by Windstream conceming the management change, Francis X, "Skip' FranE
remains Chairman of the Board, and Jeffery W. Small remains Senior Vice President - Corporate Development and
Operations.
An original and seven (7) copies of this supplement are enclosed. A copy of this filing has also been submitted in
electronic format. Please date-stamp the enclosed extra copy and retum it in the envelope provided. Should you
have any questions conceming this filing, please do not hesitate to contact the undersigned.
Jeffrey R. Shenkowski .-'
Counselfor Talk America Services, LLC
Enclosure
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Windslreom Appoinls Tony Thomos os Chief Execulive Officer
Jeff Gordner resigns os Presidenf ond CEO
Compony remoins commifted fo RE/Ispinoff
Releose dote: Dec. I \,2O14
LITTLE ROCK, Ark. - Windstreom Holdings, lnc. (Nosdoq: WIN) todoy onnounced
thot Tony Thomos hos been oppointed president ond chief executive officer
ond o director of Windstreom, effective immediotely. Thomos succeeds Jeff
Gordner, the compony's current president ond CEO, who will stoy on os senior
odviser to the CEO ond os o member of the Boord of Directors through Feb. l,
20,l5, to ensure on orderly tronsition. Thomos hos principolly served os
Windstreom's chief finonciol officer over the post eight yeors ond most recently
os the compony's president of reol estote investment trust (REIT) operotions.
"l om proud to hove led Windstreom from its creotion in 2005. lt hos been o
privilege to work with our Boord, leodership teom ond tolented ossociotes
ocross the orgonizotion," soid Jeff Gordner. "The Boord ond I ogree thot o
chonge in perspective is needed in order to occelerote the poce of chonge
within the compony ond to more effectively respond to the ropidly evolving
needs of our customers. The Boord's confidence in lony is well ploced. His
leodership ond strong finonciol ocumen will benefit investors ond customers os
he leods Windstreom in the future."
Jeff Hinson, Choirmon of the Windstreom Boord of Directors, soid: "On beholf of
the Boord, I thonk Jeff for his contributions to the compony over the post
decode. He led the compony's successful spinoff from Alltel Corp. ond its
tronsformotion from o rurol wireline telephone business to o FORTUNE 500
compony ond notionwide provider of odvonced network communicotions ond
technology solutions. He olso hos served os o leoding odvocote for the telecom
industry. Tony Thomos' telecom experience ond in-depth knowledge of
Windstreom give the Boord confidence thot he is the right executive to leod the
compony, position the enterprise ond consumer businesses for long-term
success ond drive revenue growth."
"l om honored by this oppointment ond by the Boord's confidence," soid Tony
Thomos. "lt hos been o privilege to work with Jeff Gordner throughout my
coreer. I olso remoin intently focused on executing the REIT spinoff, which will
enoble Windstreom to occelerote network investments, provide enhonced
services to customers ond moximize shoreholder volue."
Windstreom Director Froncis X. "Skip" Frontz will leod the process to select o new
president ond CEO of the REIT. As previously qnnounced, Frontz will serve os
choirmqn of the REIT's Boord. He will leove the Windstreom Boord upon close of
the trqnsoction, which is onticipoted to occur in the first holf of 20.l5.
Aboul Tony Thomqs
Tony Thomos, 43, hos more thon 20 yeors experience in the communicotions
industry. He wos instrumentol in the development of Windstreom's REIT spinoff
ond hos served os president of reol estote investment trust operotions ot
Windstreom since October 2014.
Thomos served os the chief finonciol officer for Windstreom from August 2009
through September 2014. During his five-yeor tenure os CFO, Thomos ployed on
integrol role in Windstreom's exponsion by completing seven ocquisitions
totoling more thon $5.6 billion in tronsoction volue. ln oddition, Thomos hos deep
copitol morket expertise, hoving led olmost $,l0 billion in debt tronsoctions.
Thomos joined Windstreom os controller following the spinoff from Alltel Corp. He
held o voriety of finonciol ond operotionol leodership roles of Alltel ofter joining
the compony when it merged with 360 Communicotions in 1998. Before entering
the communicotions industry, he wos o senior ouditor with Ernst & Young in the
telecom proctice. He holds o moster's degree in business odministrotion from
Woke Forest University ond o bochelor's degree in occountoncy from the
University of lllinois.
Aboul Windslreom
Windstreom, o FORTUNE 500 ond S&P 500 compony, is o leoding provider of
odvonced network communicotions ond technology solutions, including cloud
computing ond monoged seryices, to businesses notionwide. The compony olso
offers broodbond, phone ond digitolTV services to consumers primorily in rurol
oreos. For more informotion, visit the compony's online newsroom ot
news.windstreom.com or follow on Twitter of @WindstreomNews.
Windstreom cloims the protection of the sofe-horbor for forword-looking
stotements contoined in the Privote Securities Litigotion Reform Act of 1995.
Forword-looking stotements ore subject to uncertointies thot could couse octuol
future events ond results to differ moteriolly from those expressed in the forword-
looking stotements. Forword-looking stotements specific to the proposed spinoff
ond formotion of the REIT, include, but ore not limited to, stotements regording
the completion of the tronsoction, the expected closing dote of the tronsoction
ond the expected benefits of the tronsoction. Such stotements ore bosed on
estimotes, projections, beliefs ond ossumptions thot Windstreom believes qre
reosonoble but ore not guorontees of future events ond results. Actuol future
events ond results moy differ moteriolly from those expressed in the forword-
looking stotements os o result of o number of importont foctors. Foctors thot
could couse octuol results to differ moteriolly from those contemploted in the
compony's forword-looking stotements include, omong others:
the onticipoted timing of the closing of the pending tronsoction ond
proposed spinoff;
the expected tox treotment of the pending tronsoction ond proposed
spinoff;
the obility of eoch of Windstreom (post-spin) ond the new REIT compony
to conduct ond expond their respective businesses following the
proposed spinoff; ond
the obility to receive, or deloys in obtoining, the regulotory opprovols
required to complete the proposed spinoff.
ln oddition to these foctors, octuol future performonce, outcomes ond results
moy differ moteriolly becouse of more generol foctors including, omong others,
generol industry ond morket conditions ond growth rotes, economic conditions,
ond governmentol ond public policy chonges.
Windstreom undertokes no obligotion to updote or revise ony forword-looking
stotements, whether os o result of new informotion, future events or otherwise.
The foregoing review of foctors thot could couse Windstreom's octuol results to
differ moteriolly from those contemploted in the forword-looking stotements
should be considered in connection with informotion regording risks ond
uncertointies thot moy offect Windstreom's future results included in other filings
by Windstreom with the Securities ond Exchonge Commission of www.sec.gov.
-end-
Medio Contoci:
Dovid Avery, 501 -7 48-587 6
dovid.overy@windstreom.com
!nveslor Contoct:
Mory Michoels, 501 -7 48-7 578
mory.michoels@windstreom.com