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How an FCC squabble over paperwork is jeopardizing a rural expansion of wireless services

FCC
New York Post Fews App News Provider
Fews App Post Time ha 1d

The Federal Communications Commission is blocking an investment firm’s access to valuable wireless spectrum and threatening to take away its licenses because of a paperwork filing error – and the firm’s executives warn that customers in rural America will pay the price, On The Money has learned. Brevet Capital, with around $2. 5 billion in assets under management, has been locked in what appears to be a strange, two-year bureaucratic snafu with regulators that began when it took over licenses for 112 satellites as part of a bankruptcy proceeding in 2021.

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