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NEWS | ||||
Federal Communications Commission 445 12th Street, S.W. Washington, D.C. 20554 |
News media information 202 / 418-0500 Internet: http://www.fcc.gov TTY: 1-888-835-5322 |
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This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action. See MCI v. FCC. 515 F 2d 385 (D.C. Circ 1974). |
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FEDERAL COMMUNICATIONS COMMISSION UPDATES |
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Commission Establishes Expedited Review for Qualifying Transactions Washington, D.C. - Today, the Federal Communications Commission (FCC) adopted rules to streamline review of applications for section 214 authorization to transfer control of domestic transmission lines. Specifically, the streamlining procedures approved today will allow domestic telecommunications carriers to qualify for expedited review of their merger applications. By adopting these rules, the FCC will eliminate unnecessary regulatory burdens on carriers and increase the efficiency and transparency of the FCC review process. Under section 214 of the Communications Act, carriers must obtain a certificate of public convenience and necessity from the Commission before constructing, acquiring, operating or engaging in transmission over lines of communication, or before discontinuing, reducing or impairing service to a community. While the Commission established streamlined transfer of control processes for other types of authorizations and licenses, it had not yet done so for transfers of control of domestic transmission lines. The following is a summary of the Order adopted today to eliminate unnecessary regulations, increase transparency of the FCC's review process, and provide more clarity regarding the FCC's procedures.
The FCC has reviewed 25 merger applications involving domestic carriers in the last 15 months, and approximately 85 percent of those applications would have qualified for the expedited review process. The Commission anticipates that going forward, 80 to 90 percent of carrier transactions would be subject to streamlined treatment under the new rules. -FCC- Docket No.: CC 01-150 Action by the Commission March 14, 2002 by Report and Order (FCC 02-78). Chairman Powell and Commissioners, Abernathy, and Martin. Commissioner Copps concurring in part and dissenting in part and issuing a statement. Bureau Staff Contact: Bill Dever, Policy and Program Planning Division, 202-418-1578. News about the Federal Communications Commission can also be found |