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European Telecommunications And Cross-border Financing
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Announcement of Moscow Office & Introduction to Our Russian Practice

After decades of investor representation in domestic and foreign telecommunications markets (“telecoms” in EU parlance) – and responding to client requests, we have elected to expand our Firm’s presence to Moscow, Russia. We are pleased to announce that our new Moscow office has been joined by a number of Russian attorneys. See https://wstelecomlaw.com/attorneys-and-staff/

Firm shareholder, Walt (Vladimir) Sapronov, is of Russian-American descent, with native Russian fluency, making the expansion a natural fit.  It comes of course at a time of geopolitical uncertainty, elevated U.S. security concerns over foreign wireless providers, a global race to wireless “5-G” deployment, and heightened U.S. – Russian cross border investment barriers.  Representing investors in this environment is a “contrarian” play, challenging to say the least.

We welcome the challenge. The investment opportunities in U.S. wireless infrastructure more than offset the regulatory hurdles and cross-border entry barriers. Meanwhile, for more details on representation of U.S., European and Russian investors in today’s era of sanctions, counter-sanctions, and other difficulties, please see our recent webinars, sponsored by Thomson Reuters, and our accompanying Foreign Investment Brochure: https://wstelecomlaw.com/wp-content/uploads/2020/07/Brochure-Foreign-Investment-in-Wireless-Infrastructure-July-2020_m-1.pdf

https://wstelecomlaw.com/2020/01/walt-sapronov-paul-kouroupas-of-our-firm-recently-moderated-a-webinar-for-thomson-reuters/

https://wstelecomlaw.com/2020/09/our-next-webinar/

 

Cross-Border Telecom Financing

Our Firm has extensive in representation of foreign strategic investors in U.S. telecommunications markets – including such matters as project and vendor finance, security interests in regulated U.S. assets, inter-creditor (subordination) agreements with foreign lenders, securing regulatory approval for foreign ownership of U.S. wireless assets, and dealing with cross-border money transfer regulations.

Recently, U.S. regulatory hurdles for foreign investors have expanded with new multi-agency scrutiny (“Team Telecom”) of foreign participation in U.S. wireless and digital supply chain market sectors. How this will change with the new Biden Administration is not yet clear – but for a general discussion of the President’s telecom policy views, see our Alert on the Presidential Election at https://wstelecomlaw.com/wp-content/uploads/2020/10/2020-Sapronov-Associates-P.C-A-Special-Political-Alert-The-2020-Presidential-Election.pdf.

We are prepared to deal with these developments. With emphasis on deal protection, our Firm attorneys have represented both domestic and foreign counter-parties in cross border financial transactions, including use of  international letters of credit, subordination agreements, and secured financing arrangements. Our attorneys also have extensive experience in dealing with Eastern European banking institutions, and in navigating through the alphabet soup of domestic and foreign restrictions on cross-border money transfers and foreign investment barriers – among which are  FinCen (https://www.fincen.gov/),  CFIUS and FIRRMA (https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius),  and KYC  https://www.fincen.gov/resources/statutes-regulations/federal-register-notices/customer-due-diligence-requirements (money-laundering regulations).

 

 Perhaps most importantly, in the telecoms sector, we have ongoing experience in the negotiation of transactions involving a critical new wireless technology (“5G”). See  https://www.youtube.com/watch?v=WBamix6mM9Q

In the future, we plan to expand our presence in both Central and Eastern Europe as the new 5G technology evolves here and abroad, representing both U.S. and foreign investors seeking to capitalize on this new opportunity. For more information on some of the new cross-border complexities , please see our recent alert (https://wstelecomlaw.com/wp-content/uploads/2020/07/Negotiable-Hostilities-Part-II-Client-Alert.pdf) and webinar, “Negotiable Hostilities – Part II: Telecom Deals with Foreign Investors in the Current Administration. https://westlegaledcenter.com/search/displaySearchResults.jsf

 

Finally, we are also pleased to announce that our Firm, in collaboration with King & Spalding, has published the Expert Chapter on Russian Telecoms, Media & Internet 2021 in the 14th Edition of ICLG’s International Comparative Legal Guides.  For a free copy of this discussion, see  https://wstelecomlaw.com/2020/12/telecoms-media-internet-2021-a-practical-cross-border-insight-into-telecoms-media-and-internet-law/ or just contact us at info@wstelecomlaw.com.

  

Российские Телекоммуникации и Международное Финансирование

Анонсирование московского офиса и знакомство с нашей российской практикой.

Представляя инвесторов на внутреннем и внешнем телекоммуникационных рынках (”telecoms” на языке ЕС) более десяти лет и отвечая на запросы клиентов, мы решили расширить присутствие нашей фирмы в Москве, Россия. Мы рады сообщить, что к нашему новому московскому офису присоединится ряд российских адвокатов.

В это же время акционер фирмы русско-американского происхождения и свободно владеющий русским языком Уолт (Владимир) Сапронов посодействует процессу расширения. Это происходит конечно во время геополитической неопределенности и повышенной обеспокоенности США в отношении безопасности иностранных беспроводных поставщиков, глобальной гонки за беспроводное развертывание “5-G” и повышенных российско – американских международных инвестиционных барьеров. Представление интересов инвесторов в этой среде является «противоположной» игрой, по меньшей мере сложной.

Мы принимаем этот вызов. Инвестиционные возможности в беспроводной инфраструктуре США более чем компенсируют регуляторные барьеры и барьеры для международного ввода. Получить более подробную информацию о представительстве российских инвесторов в сегодняшней эпохе санкций/встречных санкций и других трудностей вы можете ознакомившись с публикацией этого сайта. Кроме того, смотрите наш недавний вебинар, спонсируемый Thomson Reuters.