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HomeMy WebLinkAboutAlliance Global ID TOC Notice EFiling 3.24.21.pdfLance J.M. Steinhart, P.C. Attorneys At Law 1725 Windward Concourse Suite 150 Alpharetta, Georgia 30005 Also Admitted in New York Telephone: (770) 232-9200 Email: info@telecomcounsel.com Facsimile: (770) 232-9208 March 24, 2021 VIA E-MAIL TO: anga.velasquez@puc.idaho.gov Idaho Public Utilities Commission Secretary 472 West Washington Street Boise, Idaho 83702 (208) 334-0300 Re: Notification of Transfer of Control of Alliance Global Networks, LLC To Whom It May Concern, Alliance Global Networks, LLC (“Alliance”) and Velocity, A Managed Services Company, Inc. (“Velocity”) (collectively, the “Parties”) hereby notify the Idaho Public Utilities Commission (the “Commission”), of the transfer of control of Alliance from Jess DiPasquale to Velocity (the “Transaction”). For the Commission’s records, the Parties provide the following information: I. THE PARTIES A. Alliance Global Networks, LLC Alliance is a Delaware limited liability company with headquarters located at 1221 Post Road East, Westport, Connecticut 06880. Alliance is registered to provide interexchange telecommunications services throughout the United States and provides wholesale interexchange telecommunications services in Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, Minnesota, North Carolina, New Jersey, Nevada, New York, Ohio, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin. Alliance was approved by the Commission to interexchange telecommunications services on November 1, 2008. Alliance also provides interstate telecommunications services as a competitive carrier and international Section 214 authority pursuant to Federal Communications Commission (“FCC”) regulations . RECEIVED 2021 March 24, PM 1:00 IDAHO PUBLIC UTILITIES COMMISSION Idaho Public Utilities Commission March 24, 2021 Page 2 B. Velocity, A Managed Services Company, Inc.1 Velocity is a Delaware limited liability company with headquarters located at 7130 Spring Meadows Drive West, Holland, Ohio 43528. Velocity provides local, interexchange and VoIP services throughout the United States. Velocity was approved by the Commission to provide interexchange services on June 14, 2009, competitive local exchange services on August 25, 2009, and voice-over internet protocol services (notification acknowledged December 30, 2013). Velocity also provides interstate telecommunications services as a competitive carrier and international Section 214 authority pursuant to FCC regulations. II. DESIGNATED CONTACT Questions, correspondence or other communications concerning this notice should be directed to: Lance J.M. Steinhart, Esq. Managing Attorney Lance J.M. Steinhart, P.C. 1725 Windward Concourse Suite 150 Alpharetta, Georgia 30005 (770) 232-9200 (Phone) info@telecomcounsel.com (E-Mail) III. DESCRIPTION OF THE TRANSACTION Effective January 1, 2020, one hundred percent (100%) of the membership interests of Alliance were sold to Velocity, pursuant to a Membership Interest Purchase Agreement dated as of January 1, 2020, by and between Jess DiPasquale and Velocity. Alliance customers continue to be serviced by Alliance on substantially the same terms and conditions as previously provided by Alliance. The consummation of the Transaction did not result in an interruption, reduction, loss, or impairment of services to any customer. All existing customers of Alliance will continue to be served pursuant to Alliance’s existing authorizations. Alliance’s day to day operations and the company’s executive management are operating independently of Velocity this time, and only the underlying ownership of Alliance has changed. The Transaction raises no competitive issues. Velocity and Alliance continue to compete with other providers of telecommunication services. For the Commission’s reference, charts depicting the current and post-closing entity ownership structure of the Parties are provided as Exhibit A. 1 The Commission approved Velocity’s name change from Velocity The Greatest Phone Company Ever, Inc. to Velocity, A Managed Services Company, Inc. on September 22, 2020 (Docket No. VGP-T-09-01). Idaho Public Utilities Commission March 24, 2021 Page 3 IV. PUBLIC INTEREST ANALYSIS The Transaction will serve the public interest, convenience, and necessity as it permits the continued, uninterrupted provision of high-quality service to Alliance’s customers. The Transaction also promotes competition in the telecommunications marketplace. The effect of the transfer of control of Alliance to Velocity has not resulted in an interruption, reduction, loss, or impairment of services to any customer. Further, the Parties are not aware of any harm to customers, or to the market, that has occurred as a result of the Transaction. The continued provision of service by Alliance under Velocity ownership will provide customers the positive benefit of access to existing and new product offerings. The Transaction is transparent to customers and will not have a negative impact on the public interest, services to customers, or competition. V. CONCLUSION The Parties respectfully request that the Commission note the Transaction for its records. Please contact the undersigned if there are any questions regarding this filing. Respectfully submitted, Velocity, A Managed Services Company, Inc. Alliance Global Networks, LLC /s/ Lance J.M. Steinhart Lance J.M. Steinhart Managing Attorney Lance J.M. Steinhart, P.C. 1725 Windward Concourse, Suite 150 Alpharetta, Georgia 30005 Tel: (770) 232-9200 Fax: (770) 232-9208 Email: info@telecomcounsel.com Its Counsel Enclosures Exhibit A Organizational Charts Pre-Transaction Jess DiPasquale 100% Alliance Global Networks, LLC (DE) Gregory Kiley 100% Platinum Holding Investments, LLC 100% (DE) Velocity, A Managed Services Company, Inc. 100% (DE) Time Clock Solutions, LLC 100% (FL) Post-Transaction Alliance Global Networks, LLC (DE) Gregory Kiley 100% Platinum Holding Investments, LLC 100% (DE) Velocity, A Managed Services Company, Inc. 100% (DE) Time Clock Solutions, LLC 100% (FL)