FCC Bureaus Grant Zayo Transfer to Front Range Topco
The FCC International, Wireline and Wireless bureaus OK'd transfer of Zayo and subsidiaries to Front Range TopCo, said a public notice on docket 19-166 in Friday's Daily Digest. The companies sought a declaratory ruling on foreign investment above a 25…
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percent benchmark. They must follow commitments set out by DOJ (see 2001220050). The PN said "petitioners have an affirmative duty to monitor their foreign equity and voting interests, calculate these interests consistent with the principles enunciated by the commission."