NEWS
	Federal Communications Commission 1919 - M Street, N.W. Washington, D.C. 20554	News media information 202 / 418-0500 Fax-On-Demand 202 / 418-2830 Internet: http://www.fcc.gov ftp.fcc.gov
	This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action. See MCI v. FCC. 515 F 2d 385 (D.C. Circ 1974).
	August 19, 1998
	PRESS STATEMENT OF CHAIRMAN WILLIAM E. KENNARD ON C BLOCK FOURTH REPORT AND ORDER AND REAUCTION
	Completion of these auction rules brings us one step closer to the goal of getting returned C block spectrum back into the marketplace. I look forward to a productive reauction that creates opportunities for small businesses. Since there are still licenses whose future remains uncertain, I again appeal to Congress to enact legislation to clarify that licenses to use the public airwaves are not private property that can be tied up in bankruptcy litigation. Competition is not advanced when entities are permitted to hoard licenses behind the shield of bankruptcy. -FCC-