*Pages 1--1 from Microsoft Word - 7879.doc* PUBLIC NOTICE Federal Communications Commission 445 12th St., S. W. Washington, D. C. 20554 News Media Information 202 / 418- 0500 Fax- On- Demand 202 / 418- 2830 TTY 202 / 418- 2555 Internet: http:// www. fcc. gov ftp. fcc. gov DA 01- 787 Released: March 29, 2001 COMMON CARRIER BUREAU GRANTS CONSENT FOR WCAS ENTITIES TO ACQUIRE CONTROL OF BUSINESSS TELECOM, INC. Pursuant to section 214 of the Communications Act of 1934, as amended, 47 U. S. C. § 214, and sections 0.91, 0.291 and 63.01 of the Commission's rules, 47 C. F. R. §§ 0.91, 0.291 and 63.01, the Common Carrier Bureau approves the joint application of Business Telecom, Inc. (BTI) and Welsh, Carson, Anderson & Stowe VIII, L. P. and WCAS Capital Partners III, L. P. (collectively, WCAS) for WCAS to acquire control of BTI, which provides domestic interstate services pursuant to section 214 authority. 1 The requested authorization is related to a proposed transaction whereby WCAS will acquire de facto control of BTI’s parent, BTI Telecom Corp. WCAS will provide equity financing to BTI Telecom Corp. and debt financing to BTI. No comments or petitions to deny were received in response to the public notice announcing that the application had been accepted for filing. The Bureau finds, upon consideration of the record, that the proposed transfer will serve the public interest, convenience and necessity, and therefore grants the requested authorization. Pursuant to section 1.103 of the Commission's rules, 47 C. F. R. § 1.103, the consent granted herein is effective upon release of this Public Notice. Petitions for reconsideration under section 1.106 or applications for review under section 1.115 of the Commission’s rules, 47 C. F. R. §§ 1.106, 1.115, may be filed within 30 days of the date of this Public Notice. For further information, contact Bill Dever, Policy and Program Planning Division, Common Carrier Bureau at (202) 418- 1580. -FCC- 1 See Business Telecom, Inc. Seeks FCC Consent to Transfer Control to WCAS Entities, Public Notice, DA 01- 660 (CCB Mar. 13, 2001). 1