Closed Auction of Licenses for Cellular Unserved Service Areas Scheduled for June 17, 2008; Comment Sought on Competitive Bidding Procedures for Auction 77, 18276-18278 [E8-6956]
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18276
Federal Register / Vol. 73, No. 65 / Thursday, April 3, 2008 / Notices
inspection file for one year.
Broadcasters shall publicize in an
appropriate manner the existence and
location of these Reports.
Federal Communications Commission.
Marlene H. Dortch,
Secretary.
[FR Doc. E8–6940 Filed 4–2–08; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL COMMUNICATIONS
COMMISSION
[Report No. AUC–08–77–A (Auction 77); DA
08–543; AU Docket No. 08–32]
Closed Auction of Licenses for Cellular
Unserved Service Areas Scheduled for
June 17, 2008; Comment Sought on
Competitive Bidding Procedures for
Auction 77
Federal Communications
Commission.
ACTION: Notice.
rwilkins on PROD1PC63 with NOTICES
AGENCY:
SUMMARY: This document announces the
auction of licenses for Cellular
Unserved Service Areas, with bidding
scheduled to commence on June 17,
2008 (Auction 77). This document also
seeks comments on competitive bidding
procedures for Auction 77.
DATES: Comments are due on or before
April 4, 2008, and reply comments are
due on or before April 11, 2008.
ADDRESSES: Comments and reply
comments must be identified by AU
Docket No. 08–32; DA 08–543.
Comments may be filed electronically
using the Internet by accessing the
Federal Communications Commission’s
(Commission) Electronic Comment
Filing System (ECFS) at https://
www.fcc.gov/cgb/ecfs. Filers should
follow the instructions provided on the
Web site for submitting comments. The
Wireless Telecommunications Bureau
(Bureau) requests that a copy of all
comments and reply comments be
submitted electronically to the
following address: auction77@fcc.gov.
In addition, comments and reply
comments may be submitted by any of
the following methods:
• Paper Filers: Parties who choose to
file by paper must file an original and
four copies of each filing. Filings can be
sent by hand or messenger delivery, by
commercial overnight courier, or by
first-class or overnight U.S. Postal
Service mail (although the Bureau
continues to experience delays in
receiving U.S. Postal Service mail). All
filings must be addressed to the
Commission’s Secretary, Attn: WTB/
ASAD, Office of the Secretary, Federal
Communications Commission.
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17:19 Apr 02, 2008
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• The Commission’s contractor will
receive hand-delivered or messengerdelivered paper filings for the
Commission’s Secretary at 236
Massachusetts Avenue, NE., Suite 110,
Washington, DC 20002. The filing hours
at this location are 8 a.m. to 7 p.m.
Eastern Time (ET). All hand deliveries
must be held together with rubber bands
or fasteners. Commercial overnight mail
(other than U.S. Postal Service Express
Mail and Priority Mail) must be sent to
9300 East Hampton Drive, Capitol
Heights, MD 20743.
• U.S. Postal Service first-class,
Express, and Priority mail should be
addressed to 445 12th Street, SW.,
Washington, DC 20554.
• People with Disabilities: Contact the
FCC to request reasonable
accommodations (accessible format
documents, sign language interpreters,
CART, etc.) by e-mail: FCC504@fcc.gov
or telephone: 202–418–0530 or TTY:
202–418–0432.
FOR FURTHER INFORMATION CONTACT:
Wireless Telecommunications Bureau,
Auctions and Spectrum Access
Division: For auction legal questions:
Sayuri Rajapakse at (202) 418–0660. For
general auction questions: Roy Knowles
or Barbara Sibert at (717) 338–2868.
Mobility Division: For service rule
questions: Erin McGrath (legal) or
Gabriel Ubieta (technical) at (202) 418–
0620.
This is a
summary of the Auction 77 Comment
Public Notice released on March 21,
2008. The complete text of the Auction
77 Comment Public Notice, including
Attachment A, and related Commission
documents, are available for public
inspection and copying from 8 a.m. to
4:30 p.m. ET Monday through Thursday
or from 8 a.m. to 11:30 a.m. ET on
Fridays in the FCC Reference
Information Center, 445 12th Street,
SW., Room CY–A257, Washington, DC
20554. The Auction 77 Comment Public
Notice and related Commission
documents also may be purchased from
the Commission’s duplicating
contractor, Best Copy and Printing, Inc.
(BCPI), 445 12th Street, SW., Room CY–
B402, Washington, DC 20554, telephone
202–488–5300, facsimile 202–488–5563,
or you may contact BCPI at its Web site:
https://www.BCPIWEB.com. When
ordering documents from BCPI, please
provide the appropriate FCC document
number, for example, DA 08–543. The
Auction 77 Comment Public Notice and
related documents also are available on
the Internet at the Commission’s Web
site: https://wireless.fcc.gov/auctions/
77/, or by using the search function on
SUPPLEMENTARY INFORMATION:
PO 00000
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the ECFS Web page at https://
www.fcc.gov/cgb/ecfs/.
I. Licenses To Be Offered in Auction 77
1. By the Auction 77 Comment Public
Notice, the Bureau announces an
auction of licenses to provide cellular
service in two different unserved areas
(Auction 77), with bidding scheduled to
commence on June 17, 2008. The
spectrum to be auctioned is the subject
of two groups of pending mutually
exclusive long-form applications (FCC
Forms 601) for unserved area licenses in
the Cellular Radiotelephone Service.
Participation in Auction 77 will be
limited to those applicants identified in
Attachment A of the Auction 77
Comment Public Notice. Licenses will
be auctioned for each mutually
exclusive applicant group (MX Group)
identified in Attachment A of the
Auction 77 Comment Public Notice. The
winning bidder in each group will be
licensed to serve only the unserved area
proposed in its long-form application(s)
for that MX Group.
2. In MX Group FGN001, one of the
applicants, E.N.M.R. Telephone
Cooperative (ENMR), has filed two
applications that propose different
Cellular Geographic Service Areas
(CGSAs). ENMR was required by the
Commission’s rules to file two separate
applications for these CGSAs. Because
ENMR’s applications are not mutually
exclusive with each other, but each of
these applications is mutually exclusive
with the competing applicant in the MX
Group, if ENMR qualifies to bid in the
auction, it will submit one bid for the
opportunity to have both of its
applications processed in the event that
it is the winning bidder in MX Group
FGN001.
II. Bureau Seeks Comment on Auction
Procedures
3. Consistent with the provisions of
47 U.S.C. 309(j)(3), the Bureau seeks
comment on the following issues
relating to Auction 77.
A. Auction Design
i. Single-Round Sealed-Bid Auction
Design
4. The Bureau proposes to award the
licenses included in Auction 77 using a
single-round sealed-bid auction. The
Bureau proposes to use the single-round
format because the informational
advantages of a simultaneous multipleround auction are not necessary here.
Because a bidder can only bid on a
single cellular unserved area, bidders do
not need the information afforded by a
simultaneous multiple-round auction to
consider valuations, alternative business
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Federal Register / Vol. 73, No. 65 / Thursday, April 3, 2008 / Notices
plans, or backup strategies. The Bureau
seeks comment on this proposal.
B. Auction Structure
i. Round Structure
5. The Commission will conduct
Auction 77 over the Internet, and
telephonic bidding will be available as
well. The toll-free telephone number for
the Auction Bidder Line will be
provided to qualified bidders. The start
and finish time of the bidding round
will be announced in a public notice to
be released at least one week before the
start of the auction.
6. The single-round sealed-bid format
will consist of one bidding round
followed by the release of auction
results. In the event of tied bids in an
MX Group, the Commission will post an
announcement in the FCC Auction
System to announce an additional
round of bidding for that MX Group.
The Bureau seeks comment on this
proposal.
ii. Information Relating to Auction
Delay, Suspension, or Cancellation
7. For Auction 77, the Bureau
proposes that, by public notice or by
announcement during the auction, the
Bureau may delay, suspend, or cancel
the auction in the event of natural
disaster, technical obstacle,
administrative or weather necessity,
evidence of an auction security breach
or unlawful bidding activity, or for any
other reason that affects the fair and
efficient conduct of competitive
bidding. In such cases, the Bureau, in its
sole discretion, may elect to resume the
auction or cancel the auction in its
entirety. Network interruption may
cause the Bureau to delay or suspend
the auction. The Bureau emphasizes
that exercise of this authority is solely
within the discretion of the Bureau. The
Bureau seeks comment on this proposal.
C. Bidding Procedures
rwilkins on PROD1PC63 with NOTICES
i. Upfront Payments and Bidding
Eligibility
8. The Bureau has delegated authority
and discretion to determine an
appropriate upfront payment for the
cellular unserved area licenses being
auctioned. A bidder’s upfront payment
is a refundable deposit to establish
eligibility to bid in the auction on the
cellular unserved area license(s) for
which the applicant submitted an
application. Upfront payments protect
against frivolous or insincere bidding
and provide the Commission with a
source of funds from which to collect
payments owed at the close of the
auction.
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9. For Auction 77, the Bureau
proposes to set the upfront payment at
$500 for each applicant. The unserved
areas and the proposed upfront payment
are listed in Attachment A of the
Auction 77 Comment Public Notice. The
Bureau seeks comment on this proposal.
ii. Reserve Price or Minimum Bid
10. In light of 47 U.S.C. 309(j), the
Bureau proposes to establish a
minimum bid amount at $500 for each
of the two cellular unserved areas in
Auction 77. For each unserved area, the
proposed minimum bid amount is listed
in Attachment A of the Auction 77
Comment Public Notice. The Bureau
seeks comment on this proposal.
11. If commenters believe that the
proposed minimum bid amount is not a
reasonable amount, they should explain
why this is so, and comment on the
desirability of an alternative approach.
Commenters are advised to support
their claims with valuation analyses and
suggested amounts or formulas. In
establishing minimum bid amounts, the
Bureau particularly seeks comment on
such factors as the amount of spectrum
being auctioned, the availability of
technology to provide service, the size
of the service areas, issues of
interference with other spectrum bands
and any other relevant factors that could
reasonably have an impact on valuation
of the license or licenses being
auctioned. The Bureau also seeks
comment on whether, consistent with
47 U.S.C. 309(j), the public interest
would be served by having no minimum
bid amount or a higher minimum bid
amount.
iii. Minimum Acceptable Bids
12. Eligible bidders will be able to
place a bid in any whole dollar amount
equal to or greater than the minimum
bid for each cellular unserved area.
Bidders will not be permitted to
withdraw a bid. The Bureau seeks
comment on this proposal.
iv. Provisionally Winning Bids and Tied
Bids
13. At the end of the bidding round,
the winning bid for each cellular
unserved area will be determined based
on the highest bid amount received for
the area. The result will be announced
shortly after the close of the bidding
round.
14. In the event of identical high bid
amounts being submitted in a cellular
unserved area (i.e., tied bids), the
Bureau proposes to allow an additional
bidding round or rounds, if necessary,
for bidders to submit higher bids for the
cellular unserved area with tied bids.
The minimum bid for the next round
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18277
will be calculated by rounding the tied
bid amount up to the next highest $100.
The license(s) will be assigned to the
bidder submitting the highest bid in the
additional round. If no bids are placed
in the additional round, the license(s)
will be assigned to the bidder placing
the tied bid in the previous round with
the highest random number, a random
number having previously been
assigned to each bid. If there is a tie for
the winning bid in the additional round,
the FCC may add another tie-breaking
round or rounds, or stop the auction
without assigning the license(s).
15. The Commission will announce
the schedule for a subsequent round via
an announcement in the FCC Auction
System, concurrent with the release of
round results. The Bureau seeks
comment on this proposal.
D. Considerations Relating to Certain
Post-Auction Payment Rules
i. Additional Default Payment
Percentage
16. Any winning bidder that defaults
or is disqualified after the close of an
auction (i.e., fails to remit the required
down payment within the prescribed
period of time, fails to make full
payment, or is otherwise disqualified) is
liable for a default payment under 47
CFR 1.2104(g)(2). This payment consists
of a deficiency payment, equal to the
difference between the amount of the
bidder’s bid and the amount of the
winning bid the next time a license
covering substantially the same
spectrum and geographic area is won in
an auction, plus an additional payment
equal to a percentage of the defaulter’s
bid or of the subsequent winning bid,
whichever is less.
17. The percentage of the bid that a
defaulting bidder must pay in addition
to the deficiency will depend in part on
the auction format ultimately chosen for
a particular auction, if the license is
subsequently reauctioned. In nonpackage auctions, the amount can range
from three percent up to a maximum of
20 percent, established in advance of
the auction and based on the nature of
the service and the inventory of the
licenses being offered.
18. For Auction 77, the Bureau
proposes to establish an additional
default payment of 20 percent. As
previously noted by the Commission,
defaults weaken the integrity of the
auction process and impede the
deployment of service to the public, and
an additional default payment of more
than three percent will be more effective
in deterring defaults. The Bureau
proposes the maximum 20 percent
default payment for Auction 77. Since
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Federal Register / Vol. 73, No. 65 / Thursday, April 3, 2008 / Notices
Auction 77 is being conducted strictly
to resolve conflicts between entities in
two cellular unserved areas that were
unable to resolve their mutually
exclusive applications, a default by the
winning bidder would suggest that the
bidder has not made a good-faith effort
to abide by FCC license assignment
procedures, thereby weakening the
integrity of the auction process. The
Bureau proposes to impose the
maximum payment percentage to deter
such behavior. The Bureau seeks
comment on this proposal.
III. Commission’s EX PARTE Rules
19. This proceeding has been
designated as a permit-but-disclose
proceeding in accordance with the
Commission’s ex parte rules, 47 CFR
1.1200–1.1216. Persons making oral ex
parte presentations are reminded that
memoranda summarizing the
presentations must contain summaries
of the substance of the presentations
and not merely a listing of the subjects
discussed. More than a one or two
sentence description of the views and
arguments presented is generally
required. Other rules pertaining to oral
and written ex parte presentations in
permit-but-disclose proceedings are set
forth in 47 CFR 1.1206(b).
Federal Communications Commission.
William W. Huber,
Associate Chief, Auctions and Spectrum
Access Division, WTB.
[FR Doc. E8–6956 Filed 4–2–08; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL MARITIME COMMISSION
rwilkins on PROD1PC63 with NOTICES
Notice of Request for Additional
Information
The Commission gives notice that it
has formally requested that the parties
to the below listed agreement provide
additional information pursuant to 46
U.S.C. 40304(d). This action prevents
the agreement from becoming effective
as originally scheduled.
Agreement No.: 201178.
Title: Los Angeles/Long Beach Port/
Terminal Operator Administration and
Implementation Agreement.
Parties: The West Coast MTO
Agreement; The City of Los Angeles,
acting by and through its Board of
Harbor Commissioners; and The City of
Long Beach, acting by and through its
Board of Harbor Commissioners.
Dated: March 28, 2008.
VerDate Aug<31>2005
17:19 Apr 02, 2008
Jkt 214001
By Order of the Federal Maritime
Commission.
Karen V. Gregory,
Assistant Secretary.
[FR Doc. E8–6835 Filed 4–2–08; 8:45 am]
BILLING CODE 6730–01–M
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisition of Shares of Bank or Bank
Holding Companies
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire a bank or bank
holding company. The factors that are
considered in acting on the notices are
set forth in paragraph 7 of the Act (12
U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the office of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than April 18,
2008.
A. Federal Reserve Bank of
Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
1. Timothy A. Tierney, Madison,
Wisconsin; as an individual, and as a
group acting in concert with Mark R.
Tierney, Superior, Wisconsin; David S.
Tierney, Eden Prairie, Minnesota; the
Robert V. Tierney Trust, Timothy
Tierney as trustee, Madison, Wisconsin;
and the Faith M. Tierney Trust, Timothy
Tierney as trustee, Madison, Wisconsin;
to acquire control of Superior
Bancorporation LTD, Superior,
Wisconsin, and thereby indirectly
acquire control of Community Bank
Superior, Superior, Wisconsin.
Board of Governors of the Federal Reserve
System, March 31, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8–6926 Filed 4–2–08; 8:45 am]
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
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Frm 00022
Fmt 4703
Sfmt 4703
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR Part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The applications also will be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Additional information on all bank
holding companies may be obtained
from the National Information Center
Web site at www.ffiec.gov/nic/.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than April 28, 2008.
A. Federal Reserve Bank of New
York (Anne MacEwen, Bank
Applications Officer) 33 Liberty Street,
New York, New York 10045–0001:
1. Modern Bank Management LLC,
Modern Bank Partners LLC, and Modern
Financial Inc., all of New York, New
York; to become bank holding
companies by acquiring 100 percent of
the voting shares of Modern Bank, N.A.,
New York, New York.
2. National Australia Bank Limited,
National Equities Limited, both of
Melbourne, Australia, and National
Americas Investment, Inc., National
Americas Holdings LLC, both of New
York, New York; to become bank
holding companies by acquiring 100
percent of the voting shares of Great
Western Bancorporation, Inc., Omaha,
Nebraska, and its subsidiary, Great
Western Bank, Watertown, South
Dakota. Comments regarding this
application must be received not later
than April 18, 2008.
B. Federal Reserve Bank of
Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
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Agencies
[Federal Register Volume 73, Number 65 (Thursday, April 3, 2008)]
[Notices]
[Pages 18276-18278]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-6956]
-----------------------------------------------------------------------
FEDERAL COMMUNICATIONS COMMISSION
[Report No. AUC-08-77-A (Auction 77); DA 08-543; AU Docket No. 08-32]
Closed Auction of Licenses for Cellular Unserved Service Areas
Scheduled for June 17, 2008; Comment Sought on Competitive Bidding
Procedures for Auction 77
AGENCY: Federal Communications Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This document announces the auction of licenses for Cellular
Unserved Service Areas, with bidding scheduled to commence on June 17,
2008 (Auction 77). This document also seeks comments on competitive
bidding procedures for Auction 77.
DATES: Comments are due on or before April 4, 2008, and reply comments
are due on or before April 11, 2008.
ADDRESSES: Comments and reply comments must be identified by AU Docket
No. 08-32; DA 08-543. Comments may be filed electronically using the
Internet by accessing the Federal Communications Commission's
(Commission) Electronic Comment Filing System (ECFS) at https://
www.fcc.gov/cgb/ecfs. Filers should follow the instructions provided on
the Web site for submitting comments. The Wireless Telecommunications
Bureau (Bureau) requests that a copy of all comments and reply comments
be submitted electronically to the following address:
auction77@fcc.gov. In addition, comments and reply comments may be
submitted by any of the following methods:
Paper Filers: Parties who choose to file by paper must
file an original and four copies of each filing. Filings can be sent by
hand or messenger delivery, by commercial overnight courier, or by
first-class or overnight U.S. Postal Service mail (although the Bureau
continues to experience delays in receiving U.S. Postal Service mail).
All filings must be addressed to the Commission's Secretary, Attn: WTB/
ASAD, Office of the Secretary, Federal Communications Commission.
The Commission's contractor will receive hand-delivered or
messenger-delivered paper filings for the Commission's Secretary at 236
Massachusetts Avenue, NE., Suite 110, Washington, DC 20002. The filing
hours at this location are 8 a.m. to 7 p.m. Eastern Time (ET). All hand
deliveries must be held together with rubber bands or fasteners.
Commercial overnight mail (other than U.S. Postal Service Express Mail
and Priority Mail) must be sent to 9300 East Hampton Drive, Capitol
Heights, MD 20743.
U.S. Postal Service first-class, Express, and Priority
mail should be addressed to 445 12th Street, SW., Washington, DC 20554.
People with Disabilities: Contact the FCC to request
reasonable accommodations (accessible format documents, sign language
interpreters, CART, etc.) by e-mail: FCC504@fcc.gov or telephone: 202-
418-0530 or TTY: 202-418-0432.
FOR FURTHER INFORMATION CONTACT: Wireless Telecommunications Bureau,
Auctions and Spectrum Access Division: For auction legal questions:
Sayuri Rajapakse at (202) 418-0660. For general auction questions: Roy
Knowles or Barbara Sibert at (717) 338-2868. Mobility Division: For
service rule questions: Erin McGrath (legal) or Gabriel Ubieta
(technical) at (202) 418-0620.
SUPPLEMENTARY INFORMATION: This is a summary of the Auction 77 Comment
Public Notice released on March 21, 2008. The complete text of the
Auction 77 Comment Public Notice, including Attachment A, and related
Commission documents, are available for public inspection and copying
from 8 a.m. to 4:30 p.m. ET Monday through Thursday or from 8 a.m. to
11:30 a.m. ET on Fridays in the FCC Reference Information Center, 445
12th Street, SW., Room CY-A257, Washington, DC 20554. The Auction 77
Comment Public Notice and related Commission documents also may be
purchased from the Commission's duplicating contractor, Best Copy and
Printing, Inc. (BCPI), 445 12th Street, SW., Room CY-B402, Washington,
DC 20554, telephone 202-488-5300, facsimile 202-488-5563, or you may
contact BCPI at its Web site: https://www.BCPIWEB.com. When ordering
documents from BCPI, please provide the appropriate FCC document
number, for example, DA 08-543. The Auction 77 Comment Public Notice
and related documents also are available on the Internet at the
Commission's Web site: https://wireless.fcc.gov/auctions/ 77/, or by
using the search function on the ECFS Web page at https://www.fcc.gov/
cgb/ecfs/.
I. Licenses To Be Offered in Auction 77
1. By the Auction 77 Comment Public Notice, the Bureau announces an
auction of licenses to provide cellular service in two different
unserved areas (Auction 77), with bidding scheduled to commence on June
17, 2008. The spectrum to be auctioned is the subject of two groups of
pending mutually exclusive long-form applications (FCC Forms 601) for
unserved area licenses in the Cellular Radiotelephone Service.
Participation in Auction 77 will be limited to those applicants
identified in Attachment A of the Auction 77 Comment Public Notice.
Licenses will be auctioned for each mutually exclusive applicant group
(MX Group) identified in Attachment A of the Auction 77 Comment Public
Notice. The winning bidder in each group will be licensed to serve only
the unserved area proposed in its long-form application(s) for that MX
Group.
2. In MX Group FGN001, one of the applicants, E.N.M.R. Telephone
Cooperative (ENMR), has filed two applications that propose different
Cellular Geographic Service Areas (CGSAs). ENMR was required by the
Commission's rules to file two separate applications for these CGSAs.
Because ENMR's applications are not mutually exclusive with each other,
but each of these applications is mutually exclusive with the competing
applicant in the MX Group, if ENMR qualifies to bid in the auction, it
will submit one bid for the opportunity to have both of its
applications processed in the event that it is the winning bidder in MX
Group FGN001.
II. Bureau Seeks Comment on Auction Procedures
3. Consistent with the provisions of 47 U.S.C. 309(j)(3), the
Bureau seeks comment on the following issues relating to Auction 77.
A. Auction Design
i. Single-Round Sealed-Bid Auction Design
4. The Bureau proposes to award the licenses included in Auction 77
using a single-round sealed-bid auction. The Bureau proposes to use the
single-round format because the informational advantages of a
simultaneous multiple-round auction are not necessary here. Because a
bidder can only bid on a single cellular unserved area, bidders do not
need the information afforded by a simultaneous multiple-round auction
to consider valuations, alternative business
[[Page 18277]]
plans, or backup strategies. The Bureau seeks comment on this proposal.
B. Auction Structure
i. Round Structure
5. The Commission will conduct Auction 77 over the Internet, and
telephonic bidding will be available as well. The toll-free telephone
number for the Auction Bidder Line will be provided to qualified
bidders. The start and finish time of the bidding round will be
announced in a public notice to be released at least one week before
the start of the auction.
6. The single-round sealed-bid format will consist of one bidding
round followed by the release of auction results. In the event of tied
bids in an MX Group, the Commission will post an announcement in the
FCC Auction System to announce an additional round of bidding for that
MX Group. The Bureau seeks comment on this proposal.
ii. Information Relating to Auction Delay, Suspension, or Cancellation
7. For Auction 77, the Bureau proposes that, by public notice or by
announcement during the auction, the Bureau may delay, suspend, or
cancel the auction in the event of natural disaster, technical
obstacle, administrative or weather necessity, evidence of an auction
security breach or unlawful bidding activity, or for any other reason
that affects the fair and efficient conduct of competitive bidding. In
such cases, the Bureau, in its sole discretion, may elect to resume the
auction or cancel the auction in its entirety. Network interruption may
cause the Bureau to delay or suspend the auction. The Bureau emphasizes
that exercise of this authority is solely within the discretion of the
Bureau. The Bureau seeks comment on this proposal.
C. Bidding Procedures
i. Upfront Payments and Bidding Eligibility
8. The Bureau has delegated authority and discretion to determine
an appropriate upfront payment for the cellular unserved area licenses
being auctioned. A bidder's upfront payment is a refundable deposit to
establish eligibility to bid in the auction on the cellular unserved
area license(s) for which the applicant submitted an application.
Upfront payments protect against frivolous or insincere bidding and
provide the Commission with a source of funds from which to collect
payments owed at the close of the auction.
9. For Auction 77, the Bureau proposes to set the upfront payment
at $500 for each applicant. The unserved areas and the proposed upfront
payment are listed in Attachment A of the Auction 77 Comment Public
Notice. The Bureau seeks comment on this proposal.
ii. Reserve Price or Minimum Bid
10. In light of 47 U.S.C. 309(j), the Bureau proposes to establish
a minimum bid amount at $500 for each of the two cellular unserved
areas in Auction 77. For each unserved area, the proposed minimum bid
amount is listed in Attachment A of the Auction 77 Comment Public
Notice. The Bureau seeks comment on this proposal.
11. If commenters believe that the proposed minimum bid amount is
not a reasonable amount, they should explain why this is so, and
comment on the desirability of an alternative approach. Commenters are
advised to support their claims with valuation analyses and suggested
amounts or formulas. In establishing minimum bid amounts, the Bureau
particularly seeks comment on such factors as the amount of spectrum
being auctioned, the availability of technology to provide service, the
size of the service areas, issues of interference with other spectrum
bands and any other relevant factors that could reasonably have an
impact on valuation of the license or licenses being auctioned. The
Bureau also seeks comment on whether, consistent with 47 U.S.C. 309(j),
the public interest would be served by having no minimum bid amount or
a higher minimum bid amount.
iii. Minimum Acceptable Bids
12. Eligible bidders will be able to place a bid in any whole
dollar amount equal to or greater than the minimum bid for each
cellular unserved area. Bidders will not be permitted to withdraw a
bid. The Bureau seeks comment on this proposal.
iv. Provisionally Winning Bids and Tied Bids
13. At the end of the bidding round, the winning bid for each
cellular unserved area will be determined based on the highest bid
amount received for the area. The result will be announced shortly
after the close of the bidding round.
14. In the event of identical high bid amounts being submitted in a
cellular unserved area (i.e., tied bids), the Bureau proposes to allow
an additional bidding round or rounds, if necessary, for bidders to
submit higher bids for the cellular unserved area with tied bids. The
minimum bid for the next round will be calculated by rounding the tied
bid amount up to the next highest $100. The license(s) will be assigned
to the bidder submitting the highest bid in the additional round. If no
bids are placed in the additional round, the license(s) will be
assigned to the bidder placing the tied bid in the previous round with
the highest random number, a random number having previously been
assigned to each bid. If there is a tie for the winning bid in the
additional round, the FCC may add another tie-breaking round or rounds,
or stop the auction without assigning the license(s).
15. The Commission will announce the schedule for a subsequent
round via an announcement in the FCC Auction System, concurrent with
the release of round results. The Bureau seeks comment on this
proposal.
D. Considerations Relating to Certain Post-Auction Payment Rules
i. Additional Default Payment Percentage
16. Any winning bidder that defaults or is disqualified after the
close of an auction (i.e., fails to remit the required down payment
within the prescribed period of time, fails to make full payment, or is
otherwise disqualified) is liable for a default payment under 47 CFR
1.2104(g)(2). This payment consists of a deficiency payment, equal to
the difference between the amount of the bidder's bid and the amount of
the winning bid the next time a license covering substantially the same
spectrum and geographic area is won in an auction, plus an additional
payment equal to a percentage of the defaulter's bid or of the
subsequent winning bid, whichever is less.
17. The percentage of the bid that a defaulting bidder must pay in
addition to the deficiency will depend in part on the auction format
ultimately chosen for a particular auction, if the license is
subsequently reauctioned. In non-package auctions, the amount can range
from three percent up to a maximum of 20 percent, established in
advance of the auction and based on the nature of the service and the
inventory of the licenses being offered.
18. For Auction 77, the Bureau proposes to establish an additional
default payment of 20 percent. As previously noted by the Commission,
defaults weaken the integrity of the auction process and impede the
deployment of service to the public, and an additional default payment
of more than three percent will be more effective in deterring
defaults. The Bureau proposes the maximum 20 percent default payment
for Auction 77. Since
[[Page 18278]]
Auction 77 is being conducted strictly to resolve conflicts between
entities in two cellular unserved areas that were unable to resolve
their mutually exclusive applications, a default by the winning bidder
would suggest that the bidder has not made a good-faith effort to abide
by FCC license assignment procedures, thereby weakening the integrity
of the auction process. The Bureau proposes to impose the maximum
payment percentage to deter such behavior. The Bureau seeks comment on
this proposal.
III. Commission's EX PARTE Rules
19. This proceeding has been designated as a permit-but-disclose
proceeding in accordance with the Commission's ex parte rules, 47 CFR
1.1200-1.1216. Persons making oral ex parte presentations are reminded
that memoranda summarizing the presentations must contain summaries of
the substance of the presentations and not merely a listing of the
subjects discussed. More than a one or two sentence description of the
views and arguments presented is generally required. Other rules
pertaining to oral and written ex parte presentations in permit-but-
disclose proceedings are set forth in 47 CFR 1.1206(b).
Federal Communications Commission.
William W. Huber,
Associate Chief, Auctions and Spectrum Access Division, WTB.
[FR Doc. E8-6956 Filed 4-2-08; 8:45 am]
BILLING CODE 6712-01-P