[Federal Register Volume 62, Number 236 (Tuesday, December 9, 1997)]
[Notices]
[Page 64833]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-32011]


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FEDERAL COMMUNICATIONS COMMISSION

[DA-97-2352]


LMDS Auction No. 17 Postponed

Released: November 10, 1997.

Report No. AUC-17-C (Auction No. 17)

    In an effort to provide a greater opportunity for prospective 
applicants to participate in the upcoming Local Multipoint Distribution 
Service (``LMDS'') auction, the Commission is postponing the LMDS 
auction, originally scheduled to begin on December 10, 1997, until 
February 18, 1998. This postponement will further opportunities for 
businesses to access additional sources of capital to further the 
advent of new competition in the cable television and local telephony 
marketplaces.
    In addition, applicants will be able to take advantage of the World 
Trade Organization agreement to pursue additional sources of financing 
and investment. The Commission has proposed amendments to its rules in 
response to the WTO agreement. Rules and Policies on Foreign 
Participation in the U.S. Telecommunications Market, Order and Notice 
of Proposed Rule Making, 12 FCC Rcd 7847, 62 FR 32966, June 17, 1997. 
Once the Commission has adopted final rules in this proceeding, the 
Wireless Telecommunications Bureau will release a public notice 
explaining how these amendments will affect LMDS applicants.
    Except for the filing dates and auction schedule, information 
provided in previous public notices and the LMDS Bidder Information 
Package remains unchanged. The new schedule is as follows:

FCC Form 175 filing: 5:30 p.m., ET Tuesday, January 20, 1998
Upfront Payments: 6 p.m. ET, Monday, February 2, 1998
Mock Auction: 9 a.m. ET-3 p.m. ET, Friday, February 13, 1998
Auction Begins: 9 a.m. ET Wednesday, February 18, 1998

    For further information, please contact Louis Sigalos of the 
Wireless Telecommunications Bureau, Auctions and Industry Analysis 
Division, at (202) 418-0660.

Federal Communications Commission.
Magalie Roman Salas,
Secretary.
[FR Doc. 97-32011 Filed 12-8-97; 8:45 am]
BILLING CODE 6712-01-P