Crestview Buy of WOW Approved, With Wiretap Provision
The FCC Wireline Bureau granted Wide Open West’s transfer of control to Cayman Islands-based private equity firm Crestview, the bureau said in a public notice Wednesday. The Crestview/WOW application had been put on hold at the request of Team Telecom,…
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but last week, thecompanies filed a letter of agreement with conditions that would allow the deal to proceed, the PN said. Under the agreement, WOW and Crestview will have to comply with law enforcement requests to search their records or for wiretap or trace orders. “The Bureau finds, upon consideration of the record, that grant of the Application, subject to compliance with the Agreement, will serve the public interest, convenience, and necessity,” the PN said.