Consolidated's Sale to Private Equity Gets FCC Nod
Consolidated Communications' purchase by Searchlight Capital Partners and British Columbia Investment Management has a green light from the FCC. The deal will serve the public interest, the FCC Wireline and Wireless Bureaus and Office of International Relations said in an…
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order Monday as they also waived agency rules governing foreign equity and voting interests for entities holding common carrier wireless licenses. The roughly $3.1 billion deal was announced in October 2023 (see 2310160065).