The Federal Communications Commission (FCC) has approved the transfer of BlueSky American Samoa from Madrid-based Amper to Fiji’s Amalgamated Telecommunications (ATH), the latter has confirmed. The approval process, which also involved the Department and Justice and the Department of Homeland Security, was concluded on 17 November – more than two years after the original deal was agreed. ATH notes that it is still awaiting approval from the Committee for Foreign Investment in the United States (CFIUS), after which the transaction can close.
The takeover deal includes AST Telecom (BlueSky American Samoa) as well as the company’s submarine cable assets – the American Samoa Hawaii Cable (ASHC) and the Samoa American Samoa Cable (SASC), as well as assorted submarine cable landing licences covering the telco’s facility in Iliili.
According to TeleGeography’s GlobalComms Database, on 30 August 2016 ATH announced that Spanish telecoms group Amper had accepted its FJD163 million (USD79.2 million) binding offer for the sale of all of its interests in the South Pacific – comprising units in Samoa, American Samoa and the Cook Islands. ATH went on to execute a ‘deed of sale’ on 23 September 2016, and while all other elements of the deal have since been concluded, the American Samoa component of the transaction has yet to conclude.