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Straight Path settles with FCC over licenses | |
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January 13, 2017 As part of the settlement, Straight Path will pay $15 million to the FCC and give the regulator a 20 percent cut of any sale of its spectrum licenses, the company said in a statement on Thursday. The FCC had made inquiries into Straight Path's former parent company IDT Corp and its spectrum licenses following allegations of fraud that were made against the company... Source: http://www.cnbc.com/2017/01/12/reuters-america-straight-path-settles-with-fcc-over-licenses.html |
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