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FCC approves E-Rate modernization plan

2014-07-11 22:45:00| American School & University

The FCC's goal is to allocate a total of $5 billion to Wi-Fi access over the next five years, while also supporting broadband connectivity in schools and libraries. read more

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FCC Approves Verizon Purchase of Vodafone Stake in Verizon Wireless

2013-12-05 11:01:47| Telecom - Topix.net

The U.S. Federal Communications Commission has given its blessing to Verizon Communication's proposed US$130 billion purchase of the stake that Vodafone Group has in Verizon Wireless.

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FCC approves Verizon purchase of Vodafone stake in Verizon Wireless

2013-12-04 23:32:32| InfoWorld: Top News

The U.S. Federal Communications Commission has given its blessing to Verizon Communication's proposed $130 billion purchase of the stake that Vodafone Group has in Verizon Wireless. The FCC Wednesday approved a Verizon petition to allow the company to be more than 25 percent owned by foreign investors, with the Vodafone deal distributing Verizon shares to stockholders in the U.K. company. The FCC also approved the transfer of control of Vodafone's share to Verizon.

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FCC approves Softbank's $21.6B acquisition of Sprint

2013-07-08 16:55:08| InfoWorld: Top News

The U.S. Federal Communications Commission has approved the $21.6 billion acquisition of Sprint by Japanese telecommunications group Softbank, saying it promises to bring consumers faster and more advanced wireless broadband Internet service. The go-ahead from the FCC was the final hurdle to Softbank consummating the deal. Sprint shareholders in late June approved the acquisition that will see Softbank pay $7.64 per share, for a total of $16.64 billion in cash, and invest about $5 billion of new capital into Sprint. It will own 78 percent of the new company.

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FCC approves Sprint, Clearwire deals

2013-07-08 04:23:00| Telecompaper Headlines

(Telecompaper) The Federal Communications Commission (FCC) has voted unanimously to approve the proposed transactions by SoftBank and Clearwire. This decision completes all federal government reviews of both SoftBank's takeover of Sprint and Sprint's acquisition of Clearwire. Sprint's shareholders approved the SoftBank transaction in June and Clearwire's shareholders are scheduled to vote on the Sprint transaction on 8 July. Sprint, Clearwire and SoftBank anticipate that the transactions will close in early July.

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