spectrum-allocation · Federal Communications Commission · Published 1996-05-23 · Effective 1996-05-06 · 61 FR 25807
Document
Document number
96-12945
Federal Register citation
61 FR 25807
CFR reference
47 CFR 24
Type
Rule
Action
Final rule; waiver.
Category
spectrum-allocation
Publication date
1996-05-23
Effective date
1996-05-06
FCC docket
DA 96-706
Abstract
On March 6, 1995, Georgia Independent PCS Corporation (Georgia) filed a request for waiver of the bid withdrawal payment provisions applicable to the broadband PCS C block auction. Under the Commission's rules, the amount of the bid withdrawal payment is equal to the difference between the withdrawn bid amount and the amount of the subsequent winning bid, if the subsequent winning bid is lower. No withdrawal payment is assessed if the subsequent winning bid exceeds the withdrawn bid. The Order reduces Georgia's bid withdrawal payment to the minimum bid increment for License B-076 (Chattanooga, TN) in Round 37 of the broadband Personal Communications Services (PCS) C block auction, or $569,898.