Foreign-Owned Altice Subsidiary Asks to Take Part in C-Band Auction
Wanting to participate in the C-band auction and hold common carrier wireless licenses, Altice's CSC Wireless is asking the FCC International Bureau to waive foreign-ownership rule caps. In a petition for declaratory ruling Monday, CSC said it's controlled by the Next Alt holding company of Luxembourg and Israeli citizen Patrick Drahi beyond the 25% benchmark set in the Communications Act for common carrier radio license ownership, but that raises no national security issues and granting the petition would help promote competition.