FCC Adopts New Rule to Protect Comms Sector from “Foreign Adversaries”
Commission looks to monitor equipment authorizations and license-holders more closely
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Commission looks to monitor equipment authorizations and license-holders more closely
The agency says it supports “robust foreign investment in U.S. broadcasters”
Commission seeks to codify existing policies and streamline reviews in new proposal
Enforcement Bureau emphasizes risks to national security interests
The commission is working towards stronger foreign sponsorship identification rules
Company asks the FCC to approve a higher equity share
Says the ruling should help incentivize other investments and benefit U.S. trade policy
Commission will let the company exceed the 25% cap
Says move will help post-bankruptcy finances
For many years, the industry was walled off from foreign investment representing more than...