Rick Sofield Discusses FCC Changes to ‘Team Telecom’ Review Process
Richard C. Sofield, a partner in Wiley’s National Security and Telecom, Media, & Technology practices, was quoted in a September 30 Communications Daily article about a Federal Communication Commission (FCC) order to improve the process by which “Team Telecom” reviews foreign investments in U.S communications assets.
Mr. Sofield is a former Chair of Team Telecom, which includes officials from the Departments of Homeland Security, Defense, and Justice.
The order, approved unanimously by the FCC September 30, includes standardized questions for foreign applicants for U.S. telecommunications licenses, and sets a specific timeline for Team Telecom to review the transactions’ national security, law enforcement, and public safety implications, according to the article.
Mr. Sofield said most industry stakeholders support the goals of increased transparency and certainty for the review process. He said that under the current system, Team Telecom reviews “can go off on tangents,” questions that are individually tailored to each application can cause uncertainty, and companies have had no clear idea when a possible deal would emerge from the process, sometimes waiting years.
To read the article, click here (subscription required).
Senior Communications Manager