FCC Fines Straight Path $100M To Settle Investigation For Failure To Deploy Wireless Service
The Federal Communications Commission’s Enforcement Bureau announced a settlement valued in excess of $100 million with Straight Path Communications to resolve an investigation of Straight Path’s failure to deploy wireless services as required under its FCC spectrum licenses.
The Enforcement Bureau investigated allegations that Straight Path violated the Commission’s buildout and discontinuance rules in connection with approximately 1,000 licenses in the 39 GHz and Local Multipoint Distribution Service GHz spectrum bands. These high frequency bands have been identified by the Commission as extremely valuable for use in the next generation evolution of wireless technology or “5G.” To settle this matter, Straight Path will pay to the United States Treasury a $100 million civil penalty, surrender to the Commission 196 of its licenses in the 39 GHz spectrum band, sell the remainder of its license portfolio, and remit 20 percent of the proceeds of that sale to the Treasury as an additional civil penalty.
FCC Fines Straight Path $100M To Settle Investigation For Failure To Deploy Wireless Service Straight Path Settles With FCC (B&C)