FACT: Auction 005 Ended 5/6/96
Yes, It did! Do you find some entertainment in re-posting factual information that I already provided in this discussion?
Message 17197949
"May 8, 1996
Entrepreneurs' C Block Auction Closes
FCC ANNOUNCES WINNING BIDDERS IN THE AUCTION OF 493 LICENSES TO PROVIDE BROADBAND PCS IN BASIC TRADING AREAS: Auction Event No. 5"
wireless.fcc.gov
Dude! If your arguement is the 1 day delay between when the Auction ended, and when the OFFICIAL Results were announced from the FCC, then your cries are going to fall on deaf ears! This is the Federal Government we are talking about here!
FACT: The FCC, however, did not issue NW's licenses until March 1997. (3/97)
Adopted: January 3, 1997
I. INTRODUCTION AND EXECUTIVE SUMMARY
1. In this Memorandum Opinion and Order ("MO&O"), the Wireless Telecommunications Bureau ("Bureau") conditionally grants 63 C-block broadband PCS licenses to NextWave Personal Communications, Inc. ("NextWave"). The Bureau finds that NextWave
exceeds the foreign ownership benchmark of Section 310(b)(4) of the Communications Act, as amended. The Bureau has determined, however, that it is in the public interest to grant NextWave the 63 licenses, conditioned on its restructuring to conform its foreign ownership to the statutory benchmark, within six months from the date of the January 3, 1997 Public Notice granting the licenses.
IV. CONCLUSION
110. For the foregoing reasons, we grant NextWave the 63 C-block PCS licenses for which it was the high bidder at auction, conditioned on NextWave taking the following
actions:
(1) coming within the Section 310(b)(4) its December 30, 1996 Restructuring Plan, within six months of January 3, 1997, the date on which the Bureau issued the Public Notice conditionally granting the licenses;
(2) reporting to the Bureau, on a monthly basis, about the steps it is taking to meet the Section 310(b)(4) benchmark; and
(3) providing the Bureau with copies of any correspondence to or from the United States Securities and Exchange Commission in connection with the proposed public offering described in its December 30, 1996 Restructuring Plan.
V. ORDERING CLAUSES
111. Accordingly, IT IS ORDERED that, pursuant to the authority delegated by Section 0.331 of the Commission's rules, 47 C.F.R. 0.331, NextWave's applications for the 63 licenses for which it was the high bidder are GRANTED, CONDITIONED on NextWave's restructuring to reduce its foreign ownership to less than 25 percent within six months, in
accordance with this MO&O. </I>
112. IT IS FURTHER ORDERED that, pursuant to 47 U.S.C. 309(d), Petitioners' Petition to Dismiss or Deny, or Alternatively, to Designate for Oral Hearing is DENIED.
113. IT IS FURTHER ORDERED that NextWave's Motion to Strike Petitioners' Reply is DENIED, and its Motion to Accept its Supplemental Response is GRANTED.
114. IT IS FURTHER ORDERED that Petitioners' Suggestion that NextWave Be Required to Supply Redacted Material is DENIED.
115. IT IS FURTHER ORDERED that Petitioners' Comments on Prohibited Ex Parte Communications, wherein Petitioner suggest that NextWave be sanctioned, is DENIED.
116. IT IS FURTHERED ORDERED that, in light of the Bureau's decision to grant NextWave's applications conditionally, NextWave's motion for a waiver of Section 319(d) is DISMISSED AS MOOT.
ftp.fcc.gov
Bad, Bad FCC, Poor little ole' Nextwave!
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