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Faster National Security Review for Foreign-Owned Telecom Mergers and Licenses

This Act establishes a mandatory interagency review process for covered telecommunications applications (such as submarine cable licenses or new line construction) involving foreign ownership interests. The goal is to assess national security and law enforcement implications within strict deadlines, leading to a recommendation to the Commission to grant, deny, or conditionally grant the application.
Key points
New Review Process: An interagency process (associated with the TEAM TELECOM Act) is established to review national security implications of foreign ownership in telecommunications applications.
Strict Deadlines: The review process must be completed within 120 days (with a possible 45-day extension) to issue a recommendation to the Commission.
Increased Transparency: Applicants are entitled to standardized information requests and must receive a status update on their review within 5 days of inquiry.
Scope: The review covers applications including submarine cable landing licenses, construction of new communication lines, and certain license transfers, if they exceed the foreign ownership threshold.
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Additional Information
Print number: 118_HR_4506
Sponsor: Rep. Johnson, Bill [R-OH-6]
Process start date: 2023-07-10