Stonepeak/Lumen Deal Gets Conditional FCC Approval

The FCC Wireline Bureau and International Bureau conditionally approved Stonepeak's $2.7 billion buy of Lumen's Latin American business, said a public notice Wednesday in docket 21-340 (see 2107260056). The approval was conditioned on both companies complying with an NTIA petition on "national security and law enforcement considerations," plus commitments laid out in a letter of agreement.