FCC OKs Logic Communications Deal, LightSpeed Networks' Buy of Qualcom Assets
The FCC approved the transfer of Logix Communications to Logix Acquisition Co. under Section 214 of the Communications Act, said a Wireline Bureau public notice Wednesday in docket 15-280. The commission had postponed action at the request of the DOJ…
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and FBI, backed by the departments of Defense and Homeland Security, while they reviewed the deal on national security, law enforcement and public safety grounds, the PN said. The executive branch departments told the FCC May 25 they had no objections to the transaction, clearing the way for commission approval. The bureau also granted a Section 214 application for Lightspeed Networks to acquire the assets of Qualcom (formerly known as Quantum Communications), said a notice Tuesday in docket 16-130.