Good news for non-WTO investors that want a piece of the U.S. wireless action: They now will be treated the same as WTO members. At its open meeting earlier today, the FCC streamlined its policies and procedures for reviewing foreign ownership of U.S. companies with common-carrier wireless licenses and certain aeronautical radio licenses. The commish says the changes cited in the Foreign Ownership Second Report and Order (FCC 13-50) “will reduce the number of hours that applicants and licensees spend in preparing and submitting required filings, while ensuring the Commission continues to receive the information it needs to fulfill its public interest obligations.” In addition, the R&O reduces costs and ratchets “transparency and predictability” in foreign-ownership filing requirements. The big takeaway is that new review-process rules also make it easier for foreign investors to hike their U.S. wireless stakes in the future.

The Daily


AI to MI

Commentary by Steve Effros Last week’s column pointing to what I suspect will be the next trend in internet business plans was not intended to declare an “end point.” It was just the beginning. The race

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up


Aug 18
Most Powerful Women – 2023Deadline: Aug. 11; Final Deadline: Aug. 18
Full Calendar


Seeking an INDUSTRY JOB?

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact [email protected] for more information.