Auction 60
Lower 700 MHz Band
Fact Sheet
Date | Auction 60 began on
7/20/2005 and closed on 7/26/2005 .
Round 30. (See PN DA 05-2239)
|
Licenses |
5 Cellular Market Area (CMA) licenses
|
Spectrum | Block C: (710-716, 740-746 MHz)
|
Bandwidth |
12 MHz (2 x 6 MHz paired)
|
Winning Bidders | 3 |
Rounds | 30 |
Qualified Bidders | 5 |
Licenses Won | 5 |
Net Bids | $305,155 |
Gross Bids | $460,700 |
|
Event | Date |
Pre-Auction Seminar |
5/24/2005
|
Form 175 (Short Form) Application Filing Window Opens |
5/24/2005; 12:00 noon ET
|
Form 175 (Short Form) Application Filing Deadline |
6/3/2005; 6:00 pm ET
|
Upfront Payments Deadline |
6/30/2005; 6:00 pm ET
|
Mock Auction |
7/18/2005
|
Auction Start |
7/20/2005
|
Auction Closed |
7/26/2005
|
|
Auction No. 60 included five CMA licenses in the Lower 700 MHz band C block (710-716/740-746 MHz). This auction included five
C block licenses in Puerto Rico that remained unsold in Auction No. 49, which closed on June 13, 2003. The C block is a 12-megahertz block
consisting of a pair of 6-megahertz segments.
A complete list of licenses for Auction No. 60 and their descriptions is provided in Attachment A of
Public Notice DA 05-737.
Flexible fixed, mobile, and broadcast uses, including mobile and other digital new broadcast operations, fixed and mobile wireless commercial
services (including FDD- and TDD-based services), as well as fixed and mobile wireless uses for private, internal radio needs. Could also include
two-way interactive, cellular, and mobile television broadcasting services.
License expiration date is January 1, 2015, for Lower 700 MHz band licenses. This expiration date was set for eight years after the earliest date that incumbent broadcasters may be required to vacate the Lower 700 MHz band. For licensees that elect to commence new broadcast operations prior to January 1, 2007, their renewal deadline will be set at the end of an eight-year term following commencement of such broadcast operations. All licensees meeting the substantial service requirements will be deemed to have met renewal expectancy regardless of which construction options the licensee chooses.
Bidding credits were available to small and very small businesses and entrepreneurs or consortia thereof, (as defined in 47 C.F.R. §§ 1.2110(f), 27.702).
A bidding credit represents the amount by which a bidder’s winning bids are discounted. The size of the bidding credit depends on the average annual
gross revenues for the preceding three years of the bidder, its affiliates, its controlling interests, and the affiliates of its controlling interests:
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A bidder with attributed average annual gross revenues that exceed $15 million and do not exceed $40 million for the preceding three years
(“small business”) receives a 15 percent discount on its winning bids.
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A bidder with attributed average annual gross revenues that exceed $3 million and do not exceed $15 million for the preceding three years
(“very small business”) receives a 25 percent discount on its winning bids.
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A bidder with attributed average annual gross revenues that do not exceed $3 million for the preceding three years (“entrepreneur”) receives a
35 percent discount on its winning bids.
Bidding credits are not cumulative; a qualifying applicant receives the 15 percent, 25 percent or the 35 percent bidding credit on its winning bid, but only
one credit per license.
Tribal Land Bidding Credit
There are no tribal lands within Puerto Rico, the geographic area covered by the licenses offered in this auction. Therefore, tribal lands bidding credits
are not available to winning bidders in Auction No. 60.
Bidders are reminded that there are a number of incumbent broadcasters already licensed and operating on frequencies that will be subject to the
upcoming auction. 698-746 MHz licensees in accordance with the Commission’s Rules must protect such incumbents from harmful interference. These
limitations may restrict the ability of such geographic area licensees to use certain portions of the electromagnetic spectrum or provide service to
certain regions in their geographic license areas.
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47 C.F.R. Part 27
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Additional regulatory requirements may apply in the event that a licensee chooses to offer new broadcast services.