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                            Before the
                Federal Communications Commission
                      Washington, D.C. 20554

                                )
In the Matter of                )
                                )
Communications Venture PCS      )
Limited Partnership             )
                                )
Request for Waiver of Sections  )
24.720(f) and (g)               )
of the Commission's Rules.      )


                              ORDER
   Adopted:  January 28, 1997           Released:  January 29, 1997

By the Chief, Commercial Wireless Division, Wireless Telecommunications Bureau:

     1.  On May 22, 1996, Communications Venture PCS Limited Partnership ("the
Applicant"), a successful bidder for licenses in the broadband C Block Personal
Communications Services (PCS) filed long form applications (FCC Form 600) with the
Commission.  In its Exhibit E attachments, the Applicant submitted a request for waiver of
Sections 24.720(f) and (g) of the Commission's rules.  The Applicant sought to waive Sections
24.720(f) and (g) to the extent that those rules required the submission of audited financial
statements for the preceding two years.  Specifically, the Applicant requested permission to
report their 1994 calendar year-end total attributable assets.  Upon review of the Applicant's
arguments, we grant its request.

     2.  In accordance with Sections 24.720(f) and (g) of the Commission's rules, applicants
for the PCS C Block Auction are instructed to provide their gross revenues and total assets as
evidenced by audited financial statements "for the relevant number of calendar years...."  Section
24.709(a)(1) defines the relevant number of calendar years as "the last two years."  Here,
however, the Applicant argues that its financial statements are not available in a form which
allows for the reporting of total assets as of November 6, 1995.  Instead, the Applicant seeks to
report its total attributable assets as of the end of the 1994 calendar year.

     3.  By Order released May 8, 1996, the Commission waived the audited financial
statements requirement of Sections 24.720(f) and (g) with respect to reporting gross revenues and
total assets.  In so doing, the Commission amended its rules and determined that "when an
applicant does not otherwise use audited financial statements, its gross revenues and total assets
may be certified by its chief financial officer or its equivalent."  The Commission explained that
it "did not intend to discriminate based upon a company's particular accounting practices."  The
Commission stated that "requiring broadband PCS C Block applicants with limited resources to
obtain audited financial statements solely for the purpose of supporting the long-form
applications [was] excessively burdensome."  Thus, because the Applicant states that its
financial statements are not available in a form which allows for reporting as of November 6,
1995, we find that disclosure of total assets as of the end of the 1994 calendar year is sufficient in
this instance.   

     4.  Accordingly, IT IS ORDERED that, pursuant to Section 24.819(a)(ii) of the
Commission's rules, the Waiver Request submitted by Communications Venture PCS Limited
Partnership IS GRANTED.  This action is taken under delegated authority pursuant to Section
0.331 of the Commission's rules.



                                                                                               
                         David Furth
                         Chief, Commercial Wireless Division
                         Wireless Telecommunications Bureau