Installment Payment Financing for Personal Communications Services (PCS) Licensees

In this Order on Reconsideration of the Second Report and Order, the Commission generally affirms the framework established in the Second Report and Order but allows elections among the four payment options--disaggregation, amnesty, prepayment, and resumption of payments--to be made on a Major Trading Area (MTA) basis and makes certain other modifications to the options in order to provide C block licensees greater flexibility in making their elections. The changes will allow more of the existing licensees to adjust their business plans and remain in the wireless market to compete against other providers, while also providing for the return of spectrum to the Commission so that other entrepreneurs will have opportunities to obtain broadband PCS licenses in a reauction.