Neustar, Investors Urge FCC Approval of Numbering Administrator's New Ownership
The FCC should approve the takeover of Neustar by a new owner, Aerial Investors, a company run by Golden Gate Capital, said Neustar, Golden Gate (also called Golden Gate Private Equity) and Hux investment in a reply posted Monday in…
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docket 95-116. They noted only three parties commented on Neustar's approval request: North American Portability Management, Telcordia/iconectiv -- which is replacing Neustar as local number portability administrator (LNPA) -- and Betty Ann Kane, chairman of the D.C. Public Service Commission and the North American Numbering Council, speaking on her own behalf (see 1703100049). "The NAPM does not object to Neustar’s request," the reply said. "Although Telcordia and Ms. Kane raise questions about Neustar’s new owners and the transition of the [LNPA] responsibilities, such questions are misplaced and do not justify any delay or conditioning of the Request’s approval." The reply said none of the initial comments "question the neutrality of Neustar and its ultimate controlling owner, Golden Gate Capital," as post-acquisition they "satisfy all three prongs" of FCC rules. Other arguments raised are "misguided" or "beyond the scope of this proceeding," the reply said.