A common concern of telecommunications companies, their investors, and their counsel is that the Team Telecom process is unduly long—especially compared with the analogous process for the Committee on Foreign Investment in the United States (CFIUS), which tends to be shorter. This concern was often directed my way both during my time running the office at the US Department of Justice (DOJ) that handles both Team Telecom and CFIUS and during my past year in private practice when representing clients whose ability to get deals done has been hampered by the Team Telecom process.
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