New York Post

The Federal Communications Commission is blocking an investment firm’s access to valuable wireless spectrum and threatening to take away its licenses because of a paperwork filing error—and the firm’s executives warn that customers in rural America will pay the price. Brevet Capital, with around $2.5 billion in assets under management, has been locked in what appears to be a strange, two-year bureaucratic snafu with regulators that began when it took over licenses for 112 satellites as part of a bankruptcy proceeding in 2021.

Sen Joni Ernst (R-IA) is targeting the federal Lifeline program, which subsidizes the services for low-income Americans, after California was accused of taking in $3.8 million between 2020 and 2025 to cover the costs for 94,000 dead people. The legislation, titled the “No Lifeline for Dead People Act,” would require all telecommunications carriers to use the federal government’s National Verifier system to confirm a recipient’s eligibility before enrolling them in the program.

Apparently, Attorney General William Barr has recused himself from weighing in on a planned $26 billion merger of T-Mobile and Sprint due to potential conflicts of interest. That gives Assistant Attorney General Makan Delrahim, head of the Department of Justice’s antitrust division, final word on the controversial proposed merger between the nation’s third- and fourth-largest wireless providers. AG Barr was on Time Warner’s board until it was acquired in 2018 by AT&T and still owns stock in the new company.