Merger: CenturyLink Acquisition of Level 3

 

Background 

On January 17, 2017, CenturyLink and Level 3 filed seven Advice Letters with the CPUC requesting approval of CenturyLink's acquisition of Level 3 certificated companies with the CPUC.

 

ORA Position

On February 6, 2017, ORA, The Utility Reform Network, and The Greenlining Institute filed with the CPUC's Communications Division a joint Protest recommending for the CPUC to require Level 3 and CenturyLink to file an application so that the CPUC and stakeholders can perform a thorough review of all the issues involved in the proposed acquisition and ensure it is in the public interest.

The Advice Letter processes used by the companies is not the appropriate process to consider a transaction of such magnitude specially given that the companies do not provide any details or data to support any of their claims nor do they provide any details on California-specific benefits.

 

See ORA's: