The FCC’s former defaulter rule waiver (CD Sept...
The FCC’s former defaulter rule waiver (CD Sept 2 p1) toughens slightly changes originally proposed by wireless carrier associations. The text was released after our deadline (http://bit.ly/1q8rS36). The waiver applies only to the AWS-3 auction. It provides a waiver only…
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for cases when the notice of the final payment deadline or delinquency was received more than seven years before the AWS-3 short-form application deadline and the amount of the default or delinquency falls below $100,000. The waiver also requires that the default or delinquency was paid within two quarters after receiving the notice of the final payment deadline or delinquency and that it was the subject of a legal or arbitration proceeding “cured upon resolution of the proceeding.”