President Trump Formalizes Team Telecom Process for Reviewing Foreign Investments in U.S. Telecommunications Market Action Brings Greater Justice Department Control, Timeframes with Significant Loopholes, and Increased Risks of License Blocking and Retroactive Revocation

On April 4, 2020, President Donald Trump signed Executive Order 13913 formalizing and modifying the Team Telecom process through which the Executive Branch reviews national security and law enforcement issues arising from applications filed with the Federal Communications Commission (“FCC”) for new licenses and authorizations, transaction consents, and new foreign ownership in certain wireless licensees.  This HWG Advisory provides insight into the impact on U.S. DOJ control, timeframes, and increased risks of license blocking and retroactive revocation.

Click here to read the HWG Advisory.