How an FCC squabble over paperwork is jeopardizing…
The Federal Communications Commission is blocking an investment firm’s access to beneficial wi-fi spectrum and threatening to take away its licenses because of a paperwork submitting error – and the firm’s executives warn that clients in rural America can pay the price, On The Money has realized.
Brevet Capital, with around $2.5 billion in property under management, has been locked in what seems to be a unusual, two-year bureaucratic snafu with regulators that started when it took over licenses for 112 satellites as half of a chapter continuing in 2021.
“Strange”…
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