FOR IMMEDIATE RELEASE: News Media Contact: August 25, 2000 Meribeth McCarrick at (202) 418-0654 e-mail: mmccarri@fcc.gov PRESS STATEMENT OF FCC CHAIRMAN WILLIAM E. KENNARD REGARDING ADOPTED RULES FOR THE C AND F BLOCK AUCTION These rules carefully balance the needs of both small and larger entrepreneurs to acquire spectrum at a time when the Internet is moving to portable wireless devices. The upcoming C and F block auction presents a tremendous opportunity for companies to put previously unused spectrum to these new, cutting edge uses for consumers. - FCC -