Summary
March 7, 2007 - March 26, 2007
Rounds:
83
Bidding Days:
14
Qualified Bidders:
114
Winning Bidders:
60 Bidders won 111 Permits
Licenses Held by FCC:
9
Gross Bids:
$24,488,400
Net Bids:
$21,301,175
Reports Files
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Spreadsheets Files
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Charts Files
Maps & Band Plans
Maps Files
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Fact Sheet
Date:
Auction 70 began on 3/7/2007 and closed on 3/26/2007.
Licenses:
120 construction permits for FM broadcast stations (1)
Spectrum:
Various vacant allotments (88 MHz to 108 MHz) See Public Notice DA 06-2248 and 47 CFR 73.202.
Bandwidth:
200 kHz per construction permit
Winning Bidders:
60 Bidders won 111 Permits
Rounds:
83
Qualified Bidders:
114
Licenses Won:
111
Licenses Held by FCC:
9
Total Licenses:
120
Net Bids:
$21,301,175
Gross Bids:
$24,488,400
1. DA 06-2466, dated 12/5/2006, removed CP MM-FM607-C2 from auction No. 70. This PN reduced the number of construction permits from 121 to 120.
General information and associated licensing parameters are provided below. Public Notices provide specific information regarding this auction. This fact sheet includes:
- Key Dates
- Construction Permits Offered
- Permissible Operations
- License Period
- New Entrant Bidding Credit
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Auction No. 70 will offer 120 construction permits in the FM Broadcast service for stations throughout the United States. These construction permits are for vacant FM allotments, reflecting FM channels assigned to the FM Table of Allotments, 47 C.F.R. § 73.202(b), pursuant to the Commission’s established rulemaking procedures, and are designated for use in the indicated communities.
Pursuant to the policies established in the Broadcast Competitive Bidding First Report and Order, in this auction applicants may apply for any vacant FM allotment as specified in Public Notice DA 06-2248, Attachment A; applications specifying the same FM allotment will be considered mutually exclusive and, thus, the construction permit for that FM allotment will be awarded by competitive bidding procedures. The Commission will use an electronic simultaneous multiple round format for this auction.
A winning bidder will be awarded a construction permit, rather than a “license.” Winning bidders will then be required, within a specified time period, to construct their facilities and file an application for a “license to cover construction permit” to obtain a license for the constructed facilities (see 47 C.F.R. § 73.3598). Licenses will be issued for an eight-year term.
A New Entrant Bidding Credit will be available for this auction. Eligibility and application requirements for the New Entrant Bidding Credit are specified in Public Notice DA 06-2248. Applicants that qualify for the New Entrant Bidding Credit are eligible for a bidding credit that represents the amount by which a bidder’s winning bid is discounted. The size of a New Entrant Bidding Credit depends on the number of ownership interests in other media of mass communications that are attributable to the applicant and its attributable interest holders:
- A 35 percent bidding credit will be given to a winning bidder if it, and/or any individual or entity with an attributable interest in the winning bidder, has no attributable interest in any other media of mass communications;
- A 25 percent bidding credit will be given to a winning bidder if it, and/or any individual or entity with an attributable interest in the winning bidder, has an attributable interest in no more than three mass media facilities;
- No bidding credit will be given if any of the commonly owned mass media facilities serve the same area as the proposed broadcast station, or if the winning bidder, and/or any individual or entity with an attributable interest in the winning bidder, has attributable interests in more than three mass media facilities.
Bidders intending to divest a media interest or make any other ownership changes, such as resignation of positional interests, in order to avoid attribution for purposes of qualifying for the New Entrant Bidding Credit must have consummated such divestment transactions or have completed such ownership changes by no later than the short-form filing deadline (see “Key Dates”). Prospective bidders are reminded, however, that events occurring after the short-form filing deadline, such as the acquisition of attributable interests in media of mass communications, may cause diminishment or loss of the bidding credit.
Releases P
Auction of FM Broadcast Construction Permits Closes, Winning Bidders Announced for Auction No. 70
2/22/2007
PUBLIC NOTICE (DA 07-772)
Auction of FM Broadcast Construction Permits; 114 Bidders Qualified to Participate in Auction No. 70
The WTB identifies 114 applicants found to be qualified to participate in the upcoming FM broadcast construction permit auction scheduled to begin on May 7, 2007. Auction No. 70.
1/26/2007
PUBLIC NOTICE (DA 07-190)
Auction of FM Broadcast Construction Permits - Status of Short-Form Applications to Participate in Auction 70
The Media and WTB have reviewed 181 FCC Form 175 applications to participate in the upcoming auction of 120 FM broadcast construction permits scheduled to begin on March 7, 2007, Auction 70.
Releases O
No results here for this auction.
No results here for this auction.
Auction Seminar
This seminar was held on December 13, 2006. You may view the presentations below.
Presentations
Welcome and Opening Remarks
Pre-Auction Process
Overview of FM Broadcast and Due Diligence
Auction Rules, Application and Payment Procedures
Electronic Filing of Form 175 and Overview of Radio Service and Auction Rules
Wire Transfer & Payment Process
Break for Lunch
Question and Answer Session
Auction Bidding Procedures
Overview of Auction Process & FCC Auction System
Post-Auction Process
Payment & Filing Requirements