From: telecomdigestsubmissions@remove-this.telecom-digest.org   
      
   by Brian D. Weimer , Douglas Svor and Amanda Witt   
      
   Earlier this month, the FCC adopted a Report & Order ("R&O")   
   streamlining the application review process for transactions involving   
   foreign investment or participation in U.S. telecommunications   
   companies (commonly known as "Team Telecom" but also referred to as   
   "the Committee" in the R&O). Team Telecom is comprised of a committee   
   of Executive Branch agencies (including the Department of Defense, the   
   Department of Homeland Security, and the Department of Justice) tasked   
   with assessing the national security, law enforcement, foreign policy,   
   and trade policy concerns in these cross-border M&A transactions   
   involving U.S. telecom companies. The FCC issued the R&O to formalize   
   a decades-long practice and update its rules governing Team Telecom   
   review consistent with the President's April 4, 2020 Executive Order   
   No. 13913 (the "EO"). The FCC builds upon the initial procedural   
   requirements set by the EO to add certainty and transparency to the   
   Team Telecom review process in a manner that protects national   
   security interests without discouraging foreign investment.   
      
   https://www.mondaq.com/unitedstates/telecoms-mobile-cable-commun   
   cations/996728/formalizing-team-telecom?email_access=on   
      
   --   
   Bill Horne   
   Telecom Digest Moderator   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)