FCC closes inquiry into Straight Path spectrum licenses; no action against IDT

IDT CORP

FCC Enforcement Bureau completed review of potential violations on 28 GHz and 39 GHz band licenses.
IDT notified on August 24, 2022 that the FCC does not plan to take further action.
Inquiry began with a September 2016 letter regarding Straight Path Spectrum LLC, a former IDT subsidiary.
IDT cooperated with the FCC throughout the investigation.
Removes regulatory overhang from the 2013 Straight Path spin-off.

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