ImOn, Goldman Sachs Seek FCC's Acquisition OK
ImOn Communications and Goldman Sachs asked for FCC approval to transfer control of the CLEC and interexchange carrier to the investor's Hawkeye Topco, in an International Bureau application Wednesday. They said the acquisition announced this month (see 2202170035) would…
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give Iowa's ImOn access to Goldman Sachs' "extensive financial, managerial and operational experience," and ImOn in the immediate future "will continue to provide service to its customers at the same rates, terms, and conditions and without interruption." They said the deal "will not trigger any federal or state anti-slamming or bulk customer transfer rules because the certificated, customer-facing service provider will be unchanged" and won't diminish competition as GS doesn't provide telecom services.