*Pages 1--5 from Microsoft Word - 54410.doc* PUBLIC NOTICE Federal Communications Commission 445 12 th Street, 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 06- 114 Released: January 19, 2006 DOMESTIC SECTION 214 APPLICATION FILED FOR ACQUISITION OF ASSETS OF SPRINT COMMUNICATIONS COMPANY, L. P. BY TRINSIC COMMUNICATIONS, INC. STREAMLINED PLEADING CYCLE ESTABLISHED WC Docket No. 06- 3 Comments Due: February 2, 2006 Reply Comments Due: February 9, 2006 On December 30, 2005, Sprint Communications Company, L. P. (“ Sprint”) and Trinsic Communications, Inc. (“ Trinsic”) (collectively “Applicants”), filed an application, pursuant to sections 63.03 and 63.04 of the Commission’s rules, 1 requesting approval for Trinsic to acquire Sprint’s UNE- P- based local service residential and business customers. 2 Applicants assert that this transaction is entitled to presumptive streamlined treatment pursuant to section 63.03( b)( 2)( i) of the Commission’s rules because: (1) Trinsic’s market share in the interstate, interexchange market will be less than ten percent; (2) Trinsic will provide competitive telephone exchange service exclusively in geographic areas served by a dominant local exchange carrier that is not a party to the transaction and; (3) neither Trinsic nor Sprint is dominant with respect to any service. 3 Sprint, a limited partnership organized under Delaware law, is a wholly owned subsidiary of Sprint Nextel Corporation (“ Sprint Nextel”). Sprint Nextel, a Kansas Corporation, is a holding company organized for the purpose of engaging in telecommunications and related businesses through its subsidiaries and is publicly traded under the name Sprint Nextel. No person or corporate entity owns more than a 10 percent share of Sprint Nextel. 1 47 C. F. R §§ 63.03, 63.04; see 47 U. S. C. § 214. 2 Any action on this domestic 214 application is without prejudice to Commission action on other related, pending applications. 3 47 C. F. R. § 63.03( b)( 2)( i). 1 2 Trinsic is a Florida- based local exchange and long distance carrier, incorporated under Delaware law. Trinsic is registered, licensed or otherwise authorized to provide local and long distance services nationwide with exception of the State of Alaska. Trinsic is a wholly owned subsidiary of Trinsic, Inc., a U. S. company. Trinsic, Inc. is 74% owned by the 1818 Fund III, L. P. (“ 1818 Fund”), a U. S. venture capital firm. The 1818 Fund is managed by Brown Brothers Harriman & Company (“ Brown Brothers”), a U. S. company. Brown Brothers is managed by two partners, Michael Long and Larry Tucker, both U. S. citizens whose primary business is venture capital. Sprint and Trinsic have entered into agreement whereby Trinsic will acquire Sprint’s UNE- P- based local service residential and business customers. Sprint currently provides such local service as part of a local/ long distance bundled package called Sprint Complete Sense. Currently, Sprint is providing Sprint Complete Sense to customers in 36 States and the District of Columbia. 4 As a result of the proposed transaction, Trinsic will become the local exchange provider to Sprint Complete Sense customers who do not chose another telecommunications provider. Further, although Sprint will continue to provide interstate, intrastate and international long distance services on a standalone basis in all of the areas where it is discontinuing the offering of Sprint Sense customers, Trinsic will become the long distance provider of all Sprint Complete Sense customers it acquires so that such customers will continue to enjoy the benefits of the bundled service they purchased from Sprint. Applicants state that the proposed transaction serves the public interest, by ensuring no interruption of service or inconvenience to the affected customers. The Applicants assert that Trinsic has the technical, financial and managerial capabilities to provide quality service to Sprint’s UNE- P customers. Furthermore, because Trinsic will provide service to Sprint’s customers at the same rates, terms and conditions of service as they currently receive from Sprint, the transaction will be virtually transparent to Sprint’s Complete Sense customers in terms of the service they receive. GENERAL INFORMATION The transfer of control identified herein has been found, upon initial review, to be acceptable for filing as a streamlined application. The Commission reserves the right to return any transfer of control application if, upon further examination, it is determined to be defective and not in conformance with the Commission’s rules and policies. Pursuant to sections 1.415 and 1.419 of the Commission’s rules, 47 CFR §§ 1.415, 1.419, interested parties may file 4 Sprint provides Sprint Complete Sense to customers in the following states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin. Sprint also provides Sprint Complete Sense to customers in the District of Columbia. 2 5 For further information, please contact Tracey Wilson- Parker at (202) 418- 1394, or Denise Coca at (202) 418- 0574. - FCC - 5