Export Compliance Daily is a service of Warren Communications News.

To resolve security concerns raised by its 51.5% foreign ownershi...

To resolve security concerns raised by its 51.5% foreign ownership, telecom provider TelCove has asked the FCC to defer its petition to provide local and long-distance telephone service. TelCove is the successor to Adelphia Business Solutions, which has emerged…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

from bankruptcy. TelCove, which serves 50 U.S. markets, is seeking a Section 310(b)(4) ruling from the FCC declaring that its foreign ownership is permissible. Meanwhile, the company said it has had preliminary discussions with the Dept. of Homeland Security, FBI and Justice Dept. about potential security, safety and law enforcement concerns related to its foreign ownership. “TelCove anticipates that any such issues can be fully addressed through an agreement with the executive agencies and appropriate further action by the Commission.”