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PUBLIC NOTICE | |
| Federal Communications Commission 1919 - M Street, N.W. Washington, D.C. 20554 |
News media information 202 / 418-0500 Fax-On-Demand 202 / 418-2830 Internet: http://www.fcc.gov ftp.fcc.gov |
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| October 7, 1997 | ||
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FCC ANNOUNCES IT IS READY TO GRANT SATELLITE DIGITAL AUDIO RADIO
AUTHORIZATIONS TO AMERICAN MOBILE RADIO CORPORATION AND SATELLITE
CD RADIO, INC. |
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In Report No. 97-28 (released October 6, 1997), regarding the grant of satellite Digital
Audio Radio authorizations -- the date listed in the third paragraph, last sentence on page one was
October 10, 1997. The date should have been October 16, 1997. Therefore, the third paragraph
of that notice is corrected to read as follows:
On March 28, 1997, AMRC and CD Radio, each made the required upfront payment of $3,000,000.00. On April 16, 1997, AMRC and CD Radio made their down payments by submitting funds to bring their total deposits up to 20 percent of their winning bids; AMRC submitted $14,977,777.00 and CD Radio submitted $13,669,200.00. AMRC must remit the remaining balance of its bid, $71,911,111.00, and CD Radio must remit the remaining balance of its bid, $66,676,800.00, within ten (10) business days of the date of this Public Notice, i.e., by October 16, 1997. See 47 C.F.R. § 25.144.
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