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categoryFact Sheet
Date:
Licenses:
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Qualified Bidders
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Licenses Held by FCC:
Total Licenses:
Net Bids
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Auction 17 began on 2/18/1998 and closed on 3/25/1998.
Round 128 (See PN DA 98-572)
986 licenses. 2 licenses in each of 493 Basic Trading Areas (BTAs)
Block A: 27,500-28,350 MHz; 29,100-29,250 MHz and 31,075-31,225 MHz Bands
Block B: 31,000-31,075 MHz and 31,225-31,300 MHz Bands
Block A - 1,150 MHz in 493 BTAs
Block B - 150 MHz in 493 BTAs
104 bidders won 864 licenses
128
139
864
122
986
$578,663,029
$834,177,095
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Bidding credits are available to very small businesses, small businesses, and entrepreneurs (or consortia of very small businesses, small businesses, or entrepreneurs) as set forth in 47 C.F.R. § 101.1112. A bidding credit represents the amount by which a bidder’s winning bids are discounted. The size of the bidding credit depends on the average gross revenues for the preceding three years of the bidder and its controlling interests and affiliates:
- A bidder with average gross revenues for the preceding three years of more than $40 million but not more than $75 million (Entrepreneur) receives a 25 percent discount on its winning bids for LMDS licenses.
- A bidder with average gross revenues for the three preceding years of more than $15 million but not more than $40 million (Small Business) receives a 35 percent discount on its winning bids for LMDS licenses.
- A bidder with average gross revenues of not more than $15 million for the preceding three years receives a 45 percent discount on its winning bids for LMDS licenses ("very small business").