In the Second Report and Order, The Commission reinstates
installment payments for PCS C and F block licensees, effective March
31, 1998, and adopts a menu of 3 options regarding installment payment
financing for C block licensees. In the Further Notice of Proposed Rule
Making, the Commission seeks comment on proposed rules and procedures
for the reauction of any licenses surrendered to the Commission pursuant
to the menu of options adopted in the Second Report and Order.