******************************************************** NOTICE ******************************************************** This document was converted from WordPerfect to ASCII Text format. Content from the original version of the document such as headers, footers, footnotes, endnotes, graphics, and page numbers will not show up in this text version. All text attributes such as bold, italic, underlining, etc. from the original document will not show up in this text version. Features of the original document layout such as columns, tables, line and letter spacing, pagination, and margins will not be preserved in the text version. If you need the complete document, download the WordPerfect version or Adobe Acrobat version, if available. ***************************************************************** Before the Federal Communications Commission Washington, D.C. 20554 In the Matter of ) LONG DISTANCE SAVERS, INC. ) ) Application for authority, pursuant to ) File No. ITC-98-091-TC Section 214 of the Communications Act of ) 1934, as amended, to transfer control of an ) authorized international carrier. ) MEMORANDUM OPINION, ORDER AND AUTHORIZATION Adopted: March 16, 1998 Released: March 18, 1998 By the Chief, Telecommunications Division: 1. Long Distance Savers, Inc. (LDS) and Intermedia Communications Inc. (ICI), pursuant to Section 214 of the Communications Act of 1934, as amended, submitted the above-captioned application requesting authority to transfer control of LDS from its present shareholders to ICI. The application was placed on public notice on February 6, 1998. No comments were received. 2. LDS, a California corporation, is authorized to provide resold international message telecommunications services. ICI, a Delaware corporation, is authorized to provide a variety of international communications services. LDS and ICI have entered into an Acquisition Agreement pursuant to which ICI will purchase all of the outstanding shares of LDS from its current shareholders. LDS will become a wholly-owned subsidiary of ICI. 3. Upon consideration of the application and in view of the foregoing, we conclude that consent to transfer control of LDS from its present shareholders to ICI will serve the public interest, convenience and necessity. 4. Accordingly, IT IS ORDERED that the application of LDS and ICI, File No. ITC- 98-091-TC IS GRANTED, and the transfer of control of LDS from its present shareholders to ICI is authorized. 5. IT IS FURTHER ORDERED that all terms and conditions of any Commission orders granting authority to LDS to provide common carrier services remain in effect. 6. This Order is issued under Section 0.261 of the Commission's Rules and is effective upon adoption. Petitions for reconsideration under Section 1.106 or applications for review under Section 1.115 of the Commission's Rules may be filed within 30 days of the date of public notice of this Order (see Section 1.4(b)(2)). FEDERAL COMMUNICATIONS COMMISSION Diane J. Cornell Chief, Telecommunications Division International Bureau