98-969. Installment Payment Financing for Personal Communications Services (PCS) Licensees  

  • [Federal Register Volume 63, Number 9 (Wednesday, January 14, 1998)]
    [Rules and Regulations]
    [Pages 2170-2171]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-969]
    
    
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    FEDERAL COMMUNICATIONS COMMISSION
    
    47 CFR Parts 1 and 24
    
    [WT Docket No. 97-82, FCC 98-2]
    
    
    Installment Payment Financing for Personal Communications 
    Services (PCS) Licensees
    
    AGENCY: Federal Communications Commission.
    
    ACTION: Final rule; establishing a deadline.
    
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    SUMMARY: The Commission previously established January 15, 1998 as the 
    deadline for broadband Personal Communications Services (PCS) C block 
    licensees to elect to continue under their existing installment payment 
    plan or to elect one of the three options. The Commission believes that 
    moving the election date will serve the public interest by permitting 
    licensees to submit their election after final disposition of arguments 
    raised on reconsideration and provides regulatory stability so that C 
    block licensees and potential bidders can proceed with their plans to 
    finance their business.
    
    DATES: Effective January 14, 1998.
    
    ADDRESSES: Federal Communications Commission, 1919 M Street, N.W., Room 
    222, Washington, D.C. 20554.
    
    FOR FURTHER INFORMATION CONTACT: David Shiffrin, Auctions and Industry 
    Analysis Division, Wireless Telecommunications Bureau, at (202) 418-
    0660.
    
    SUPPLEMENTARY INFORMATION: This is a synopsis of an Order in WT Docket 
    No. 97-82, FCC 98-2 which was adopted on January 7, 1998 and released 
    on January 7, 1998. A copy of the complete item is available for 
    inspection and copying during normal business hours in the FCC 
    Reference Center, Room 239, 1919 M Street, N.W., Washington, D.C. 
    20554. The complete text may be purchased from the Commission's copy 
    contractor, International Transcription Service, Inc., 1231 20th 
    Street, N.W., Washington, D.C. 20036, (202) 857-3800. The complete 
    Order also is available on the Commission's Internet home page (http://
    www.fcc.gov).
    
    Summary of Action
    
    I. Background
    
        1. On September 25, 1997, the Commission adopted the Second Report 
    and Order and Further Notice of Proposed Rule Making, 62 FR 55348, 
    October 24, 1997 (``Second Report and Order''), establishing January 
    15, 1998 as the deadline for broadband Personal Communications Services 
    (PCS) C block licensees to elect to continue under their existing 
    installment payment plan or to elect one of the three options. C block 
    licensees must file a written notice of their election with the 
    Wireless Telecommunications Bureau on or before January 15, 1998. 
    Second Report and Order at para. 70. The requirements for the contents 
    of the election notice vary depending upon which election is made. Id. 
    at paras. 72-76. For licensees electing the prepayment option, any new 
    monies that will be applied toward the prepayment of retained licenses 
    must be submitted with the election notice on the election date. Id. at 
    para. 75.
        2. Pursuant to section 1.3 of the Commission's rules, the 
    Commission hereby changes the election date from January 15, 1998 to 
    February 26, 1998. 47 CFR 1.3. Moving the election date will serve the 
    public interest by permitting licensees to submit their election after 
    final disposition of arguments raised on reconsideration. We believe 
    that it is important to provide regulatory stability so that C block 
    licensees and potential bidders can proceed with their plans to finance 
    their business. Licensees are cautioned that this change in the 
    election date is in no way an indication that the Commission plans to 
    depart in any material way from the decisions set forth in the Second 
    Report and Order. We are changing the election date solely in the 
    interest of fairness to all parties.
        3. We take this opportunity to announce that the C block reauction 
    will begin on September 29, 1998. At the appropriate time, we will 
    announce the reauction procedures. We also take this opportunity to 
    clarify that our delegation of authority to the Chief of the Wireless 
    Telecommunications Bureau ``to prescribe and set forth procedures for 
    the implementation of the provisions'' that were adopted in the Second 
    Report and Order includes the authority to provide for electronic 
    filing of an election notice specified in
    
    [[Page 2171]]
    
    paragraph 70 of the Second Report and Order and other procedures and 
    instructions to reduce paperwork burdens. See Second Report and Order 
    at para. 112.
        4. Accordingly, it is ordered that, pursuant to sections 4(i), 
    303(r), and 309(j) of the Communications Act of 1934, as amended, 47 
    U.S.C. 154(i), 303(r), and 309(j), and section 1.3 of the Commission's 
    rules, 47 CFR 1.3, the date for C block licensees to file a written 
    election notice, in accordance with the requirements set forth in the 
    Second Report and Order, is changed to February 26, 1998. Pursuant to 
    section 1.427(b) of the Commission's rules, 47 CFR 1.427(b), this 
    change will become effective on January 14, 1998. It is necessary for 
    this change to become effective before January 15, 1998, the deadline 
    initially set for C block licensees to file their election.
    
    Federal Communications Commission.
    Magalie Roman Salas,
    Secretary.
    [FR Doc. 98-969 Filed 1-13-98; 8:45 am]
    BILLING CODE 6712-01-P
    
    
    

Document Information

Effective Date:
1/14/1998
Published:
01/14/1998
Department:
Federal Communications Commission
Entry Type:
Rule
Action:
Final rule; establishing a deadline.
Document Number:
98-969
Dates:
Effective January 14, 1998.
Pages:
2170-2171 (2 pages)
Docket Numbers:
WT Docket No. 97-82, FCC 98-2
PDF File:
98-969.pdf
CFR: (2)
47 CFR 1
47 CFR 24