Comments Due May 20 on Consolidated's Ownership
Comments are due May 20, replies and oppositions June 4, in docket 21-172 on a petition seeking a declaratory ruling that would allow foreign ownership of Consolidated Communications to rise above the 25% benchmark in the Communications Act. Searchlight, a…
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“global private equity investment company,” is seeking to buy “up to approximately 62.4%” of Consolidated’s equity for $425 million. Consolidated is the parent of three companies with FCC wireless licenses, said a notice in Wednesday's Daily Digest.