TCS Asks for Earth Station License Reassignments to Comtech, Its Potential Purchaser

TeleCommunication Systems (TCS), which is being bought by Comtech Telecommunications, is asking the FCC to reassign its licenses for its C-band fixed satellite earth stations and Ku-band very small aperture terminal earth stations to Comtech. In a pair of International Bureau applications filed Wednesday (see here and here), TCS said Comtech has put up a tender offer of $5 per share for all outstanding TCS stock. The communications services companies, in announcing the $431 million combination last month, said they expect the deal to close by March.