Foreign-Ownership Panel Reviews Univision Request
The Committee for the Assessment of Foreign Participation in the U.S. Telecommunications Services Sector is doing an initial review of Univision’s request for a foreign-ownership declaratory ruling, said a DOJ letter posted in FCC docket 21-321 Monday. Univision wants FCC…
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permission to be more than 25% foreign-owned, to allow investors SoftBank and Liberty Global to have voting interests above 5% (see 2107210046). The review is to assess whether granting the request “will pose a risk to the national security or law enforcement interests of the United States,” the letter said: The review period is 120 days, but that could be extended with a notification to the FCC.