FCC Clears ATN's Planned Buy of CFC Telco/Cable Units in US Virgin Islands
The FCC approved Atlantic Tele-Network's planned buy of telco and cable units of National Rural Utilities Cooperative Finance Corporation (CFC) operating in the U.S. Virgin Islands. The Wireline Bureau approved CFC license transfers to ATN for: DTR Holdings; Vitelcom Cellular…
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d/b/a Innovative Wireless; Innovative Long Distance; Virgin Islands Telephone d/b/a Innovative Telephone, the ILEC in the U.S. Virgin Islands; Caribbean Communications, d/b/a Innovative Cable TV St. Thomas-St. John; and ICC TVd/b/a CBS-TV2, said a bureau order in docket 15-264 listed in Thursday's Daily Digest. A hearing examiner for the U.S. Virgin Islands Public Services Commission is also reviewing the deal and is expected to issue a decision July 25, triggering final review by the PSC, ATN has said (see 1605120027).