DOJ Committee Launches Foreign Investment Review of Frontier Reorg

Frontier Communications’ bankruptcy reorganization faces foreign investment review by the Committee for the Assessment of Foreign Participation in U.S. Telecom Services, DOJ told the FCC Monday in docket 20-197. “The Committee is conducting an initial review to assess whether granting the Applications will pose a risk to the national security or law enforcement interests.” Frontier provided complete responses to first questions by the committee, which plans to complete initial review sooner than 120 days, it said. The deal remains under review by the FCC and several states (see 2009090055), with Minnesota Public Utilities Commissioners voting Thursday (see 2009110013). “The FCC review is progressing as anticipated," said Frontier Senior Vice President-Federal Affairs Ken Mason. "Today's letter from DOJ was one more expected step."