COMMISSIONER JESSICA ROSENWORCELRe:
Review of Foreign Ownership Policies for Common Carrier and Aeronautical Radio Licensees
under Section 310(b)(4) of the Communications Act of 1934, as Amended, IB Docket No. 11-133.
For American telecommunications companies to maintain their leadership in a global market,
they need investment on a global scale. More funding means more digital age infrastructure and more
innovative services. It means more economic growth. It means more jobs.
So for the Commission, the equation going forward is deceptively simple: our communications
networks need an unprecedented level of investment, and investment requires clarity and predictability.
In short, the Commission should strive to provide confidence for investment.
Establishing clear-cut, understandable rules is one way to instill this confidence. That is what we
do here—and that is why I support today’s decision. We provide clear direction to licensees, making it
easier to invest in our networks and access capital from around the globe. We remove unnecessary filing
requirements, and as a result more resources can be devoted to improving networks rather than pushing
paper. At the same time, our approach is entirely consistent with national security objectives. We keep
intact review of matters of essential national interest and maintain our authority to condition or disallow
foreign investment that threatens those interests.
Finally, transparency, efficiency, and confidence in investment should not be limited to
telecommunications networks. Broadcasters also are facing an increasingly complex, multi-platform
future. That is why I am pleased that the Media Bureau sought comment on a letter from the Coalition for
Broadcast Investment seeking additional clarification of the Commission’s foreign ownership policies.
We should quickly review the record and take action accordingly.
Thank you to the International Bureau for the experience and knowledge you bring to these issues
and this proceeding.
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