LightSquared Saw No Opposition in Bankruptcy Comment Period
LightSquared faces no opposition to its request for regulatory approval to emerge from bankruptcy and the transfer of its licenses and authorizations to its reorganized self, as the final deadline for comments in docket 15-126 passed Monday with nothing filed.…
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Given that "lack of any opposition" to its Chapter 11 bankruptcy plans, the FCC should give final approval as soon as the Justice Department has completed its customary national security, public safety and law enforcement review, the company said in a filing earlier this month. Aside from a Justice Department filing earlier this month asking the FCC to delay any approval pending that review, the only other comment filed in the case was from NAB, on foreign ownership, which took no position on the LightSquared matter (see 1507060031).