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FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
The stipulation of facts and the attached exhibits are
incorporated herein by this reference. At the time the petition
was filed, petitioners were Delaware corporations with their
principal place of business in Denver, Colorado.
I. Corporate Structure
Evergreen Leasing Corporation (Evergreen) was incorporated
on June 10, 1966. Evergreen was primarily in the boxcar leasing
business, but part of its charter indicated that Evergreen would
provide telecommunications services. On March 20, 1989,
Evergreen’s name was changed to Southern Pacific
Telecommunications Corporation (SP Telecom). In April 1995, SP
Telecom’s name was changed to Qwest.3
Qwest was formerly a wholly owned subsidiary of Southern
Pacific Transportation Company (Southern Pacific). On September
30, 1991, Southern Pacific divested itself of its common stock
interest in Qwest. As a result, Qwest became a 75-percent-owned
subsidiary of Anschutz Company. On November 5, 1993, Anschutz
Company purchased another 15 percent of Qwest. In August 1995,
Anschutz Company purchased the remaining 10 percent of Qwest,
3 For convenience purposes, Qwest and its previous business
forms will be referred to as “Qwest”.
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Last modified: May 25, 2011