Carriers need certainty on when post-auction payments are...
Carriers need certainty on when post-auction payments are due following the AWS-3 auction, CTIA said in reply comments to the commission. Uncertainty makes planning for the auction difficult for carriers likely to spend “millions, or even billions of dollars” for…
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AWS-3 licenses, CTIA said Monday in a filing in docket 14-78 (http://bit.ly/1lLh1JV). “Uncertainty regarding payment deadlines could complicate and/or determine how capital is raised, how cash flow is managed, and how financials are reported,” CTIA said. “With such obstacles, full auction participation may be discouraged.” Specifically, the FCC should clarify that down payments and final payments are both due in 2015. The auction is to start Nov. 13. CTIA said auctions like the AWS-3 auction generally run one or two months.