Telecoms Pressure FCC To Simplify Ownership Filing Rules
Law360 (July 27, 2020, 6:57 PM EDT) -- Satellite and broadcast groups joined phone carriers in urging the FCC to make it easier to comply with ownership filing obligations by simplifying the process when there is a nonsubstantial change to an FCC licensee's ownership.
The organizations wrote to the Federal Communications Commission to back up a petition from major industry groups CTIA and USTelecom, which represent the mobile and broadband sectors, respectively. Those two trade groups petitioned the FCC on June 5 to press for relaxing the regulations on "pro forma" ownership transactions.
Because changes like an owner switching from a corporation to a limited liability company usually do...
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