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For the first time, the FCC will have formal rules governing the process for Team Telecom review of license applications involving foreign ownership. The FCC, however, declined to adopt exclusions for applications that have undergone review by CFIUS, on the grounds that CFIUS review analyzes distinct foreign ownership concerns.
The Federal Communications Commission’s
Report and Order adopting new rules to formally establish the Team Telecom review process are now set to become effective
December 28, 2020, for the aspects of the
Report and Order that do not require OMB approval. As we previously reported, the Commission’s actions follow President Trump’s April 4, 2020, Executive Order (EO 13913) establishing the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector (Committee) to formalize the previously ad hoc Team Telecom review process.
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