Fibertower Corp fka FBBT

[Sandpaints]

From FCC information web pages:

https://www.fcc.gov/reports-research/guides/review-of-significant-transactions

"After reviewing the evidence and hearing the views of the public, the Commission issues its decision. The Commission may approve the application outright, or with conditions designed to ensure that the public interest is served. Transactions can be approved with conditions that allow the transaction to proceed but eliminate or mitigate the potential harms the Commission has found are likely to occur. If the Commission is unable to approve the transaction, it will refer it to an Administrative Law Judge for a hearing."

https://www.fcc.gov/reports-research/guides/mergers-frequently-asked-questions

Q: What is the timeline for review? When do you expect to make a determination?

A: The Office of General Counsel has developed an informal timeline of 180 days for reaching a decision on most applications. However, the 180 day “shot clock” is a guideline, not a requirement. The clock can be stopped if the staff’s review is delayed for reasons outside the FCC’s control, e.g., a change in the application, delayed submission of information or documents in response to a request from the FCC, or delay required by another agency or court (e.g., national security requirements or bankruptcy proceedings). Further, although the Commission seeks to meet the 180-day benchmark in all cases, its statutory obligation to determine that an assignment or transfer serves the public interest takes precedence over the informal timeline.



Q: What are the potential outcomes of an FCC transaction review?

A: There are three potential outcomes of the review: if the transaction violates a statute or rule, the Commission will deny the application; otherwise, the Commission can approve the transaction, with or without conditions), or, if for any reason it is unable to find that the transaction would serve the public interest (or if there is a substantial and material question of fact), it must designate the transaction for a hearing before an Administrative Law Judge.