Engadget -
21 Apr 2022 23:34
The FCC's crackdownon Russian ties to US telecom is making headway. The agency voted today to fine Montana-based wireless carrier Truphone for not disclosing that it is indirectly owned by Russian oligarchs, reported Reuters. Any company with an FCC common carrier license has to receive approval from the agency before letting a foreign entity hold more than 25 percent of its equity or voting interests. For violating that rule, the agency proposed a fine of $660,639 and is requiring Truphone to r...
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