The N.C. Utilities Commission no longer will run state- level rev...
The N.C. Utilities Commission no longer will run state- level reviews of mergers and acquisitions among competitive telecom carriers. The NCUC amended its rules to allow such mergers to close upon receiving required federal approvals. The NCUC was responding…
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to a Level 3 Communications petition saying it was time to drop legacy merger approval requirements set when telecom service was a monopoly. Under the new policy, competitive carriers must file information about the merger transaction with the NCUC, and file another notice when the merger closes. The NCUC retains the right to make post-closing inquiries and take any action needed to guard consumer interests such as setting conditions on state operating authority. The NCUC in Case P-100, Sub 163 rejected BellSouth suggestions for merger notices to all incumbents with which the competitive carriers interconnect, and hearings should 3rd parties raise public interest concerns. It concluded the proposed changes would contradict the rule changes’ intent.