|Federal Communications Commission
1919 - M Street, N.W.
Washington, D.C. 20554
|News media information 202 / 418-0500
Fax-On-Demand 202 / 418-2830
FCC ANNOUNCES IT IS READY TO GRANT SATELLITE DIGITAL AUDIO RADIO AUTHORIZATIONS TO AMERICAN MOBILE RADIO CORPORATION AND SATELLITE CD RADIO, INC.
The Commission is prepared to grant satellite Digital Audio Radio ("SDARS") authorizations to American Mobile Radio Corporation ("AMRC") and Satellite CD Radio, Inc. ("CD Radio").
On March 3, 1997, the Commission adopted rules to conduct an auction for two satellite Digital Audio Radio authorizations: one for use of 12.5 MHz in the 2320-2332.5 MHz frequency band at orbital locations, 80o and 110o W.L., and one for use of 12 MHz in the 2332.5-2345 frequency band at 85o and 115o W.L. The Commission conducted the auction for these SDARS authorizations on April 1-2, 1997. AMRC submitted a winning bid in the amount of $89,888,888.00, for the 2332.5-2345 band at 85o and 115o W.L. orbital location. CD Radio submitted a winning bid in the amount of $83,346,000.00, for the 2320-2332.5 MHz frequency band at orbital locations 80o and 110o W.L.
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 10, 1997. See 47 C.F.R. § 25.144.
Should AMRC or CD Radio fail to remit the balance of its bid by October 16, 1997, it will be considered in default and will not receive its SDARS authorization. In addition, the Commission will assess default payments in accordance with Section 25.406 of the Commission's rules. See 47 C.F.R. § 25.406.
AMRC and CD Radio's payments must be made in U.S. dollars, in the form of a wire transfer or cashier's check, and payable to the Federal Communications Commission, or FCC. Payments by cashier's check must be received by 11:59 p.m. Eastern Time, October 16, 1997. Cashier's checks must be drawn on a financial institution whose deposits are insured by the Federal Deposit Insurance Corporation. Cashier's checks must be addressed to:
If payment is delivered in person or by courier, the cashier's check and FCC Remittance Advice Form (FCC Form 159) must be delivered to:
Payments made by wire transfer must be received by 11:59 p.m. Eastern Time, October 16, 1997. Sufficient time should be allowed for the wire transfer to be initiated and for the transmission to be completed prior to the deadline. No personal checks or other forms of payment will be accepted. Payments must be accompanied by a completed FCC Remittance Advice Form (FCC Form 159). ON THE FCC FORM 159, AN APPLICANT MUST USE THE SAME FCC ACCOUNT NUMBER ASSOCIATED WITH ITS FCC FORM 175.
An applicant making payment by wire transfer must fax a completed FCC Form 159 to Mellon Bank at (412) 236-5702 at least one hour prior to placing the order for the wire transfer (but on the same business day). To submit funds by wire transfer, an applicant will need the following information:
ABA Routing Number: 043000261
The applicant must designate "15" as the auction event number in Block 17A of the FCC Form 159. Questions concerning the calculation and submission of final payments should be directed to Regina Dorsey or Gail Glasser of the Billings and Collections Branch, at (202) 418-1995.
For further information contact:
News Media: International Bureau, Ari Fitzgerald at (202) 418-2165.