Iowa RSA 5 Limited Partnership Dissolution

Strategic Insights -

Iowa Public Utilities Commission has issued a document dissolving Iowa RSA 5 Limited Partnership ("IA RSA 5") due to an internal restructuring. The dissolution resulted from an inter-company transaction, and as of December 31, 2020, IA RSA 5 requests to be moved to inactive status. The change in corporate structure has no customer impact, as it merely dissolved a legal partnership between indirect subsidiaries of their parent company, Verizon Communications Inc. Services continue to be marketed under the name Verizon Wireless.

Key Takeaways:

  • IA RSA 5 Limited Partnership was dissolved due to an internal restructuring and inter-company transaction.
  • The dissolution occurred on December 31, 2020, and the partnership is now inactive.
  • IA RSA 5 consisted of three partners: Bell Atlantic Mobile Systems LLC, Verizon Americas LLC, and CommNet Cellular, Inc.
  • All three partners are wholly-owned subsidiaries of Verizon Communications Inc.
  • The change in corporate structure has no impact on customer contracts or services provided.
  • The dissolution is a result of an inter-company transaction between CommNet Cellular, Inc. (M-4600) and Verizon's subsidiaries.

Statistics:

  • IA RSA 5 Limited Partnership was dissolved as of December 31, 2020.
  • The partnership consisted of three partners, all wholly-owned subsidiaries of Verizon Communications Inc.
  • The dissolution resulted from an inter-company transaction between CommNet Cellular, Inc. and Verizon's subsidiaries.

Sources:

  • Iowa Public Utilities Commission, "Docket M-4566", May 5, 2021
  • Iowa RSA 5 Limited Partnership, "Assistant Secretary's Certificate", filed with the Iowa Utilities Board on May 5, 2021, REG-4566
  • CommNet Cellular, Inc., "Assistant Secretary's Certificate", filed with the Iowa Utilities Board on May 5, 2021, REG-4566