> July 13, 2004

DA 04-2121

**[Via Certified Mail, Return Receipt Requested]{.underline}**

Mr. Jeoffrey L. Burtch

Trustee of the Chapter 7 Estate of Net Radio Group Communications, LLC

824 Market Street, Suite 1000

Wilmington, DE 19801

Re: [Net Radio Group Communications, LLC \-- Final Bid Withdrawal
Payment Obligations]{.underline}

> [for Auction No. 18]{.underline}

Dear Mr. Burtch:

Net Radio Group Communications, LLC, ("Net Radio"), a participant in
Auction No. 18, withdrew high bids on 56 licenses in that auction.[^1]
Thirty-one of those licenses remained unsold at the close of Auction No.
18.[^2] Auction No. 24, the subsequent auction for those licenses, has
closed.[^3] Therefore, in accordance with the Federal Communications
Commission's ("Commission") rules, we are now able to calculate Net
Radio's final bid withdrawal payment obligations for the 31 licenses
that were sold in Auction No. 24.

Under the Commission's rules, a bidder that withdraws a high bid during
the course of an auction is subject to a bid withdrawal payment equal to
the difference between the amount of the withdrawn bid and the amount of
the subsequent winning bid.[^4] A withdrawal payment will not be
assessed if the subsequent winning bid or any of the intervening
subsequent withdrawn bids equals or exceeds that withdrawn bid.[^5] If a
high bid is withdrawn on a license that remains unsold at the close of
the auction, the withdrawing bidder will be required to make an interim
payment equal to three percent (3%) of the net amount of the withdrawn
bid.[^6] This payment amount is deducted from any upfront payments or
down payments deposited for this bidder's account with the
Commission.[^7] If, in a subsequent auction, that license receives a
winning bid (or a subsequent withdrawn bid) that is equal to or greater
than the withdrawn bid amount, no final bid withdrawal payment will be
assessed, and upon appropriate request, the Commission will refund the
interim three percent (3%) payment.[^8] If, in a subsequent auction, the
winning bid for that license (or subsequent withdrawn bid) is less than
the bidder's withdrawn bid amount, then the bidder will be required to
make a final bid withdrawal payment equal to either the difference
between the bidder's net withdrawn bid and the subsequent net winning
bid (or subsequent net withdrawn bid), or the difference between the
bidder's gross withdrawn bid and the subsequent gross winning bid (or
subsequent gross withdrawn bid), whichever is less.[^9]

In Auction No. 18, Net Radio withdrew high bids on 56 licenses.[^10] Of
these licenses, 25 licenses were sold in Auction No. 18 and the
remaining 31 licenses were sold in Auction No. 24.[^11] Because Auction
No. 24 has now concluded, the Commission is able to assess the full
amount of the final bid withdrawal payment for each of the 31 licenses
not sold in Auction No. 18.[^12] In Auction No. 24, the winning bids for
24 of these 31 licenses were less than Net Radio's withdrawn bids in
Auction No. 18.[^13] Therefore, Net Radio owes final bid withdrawal
payments for 24 of the 31 licenses reauctioned in Auction No. 24.[^14]
Final bid withdrawal payments are not assessed for the remaining seven
licenses reauctioned in Auction No. 24 because the winning or subsequent
intervening withdrawn bids in Auction No. 24 were greater than the
amounts of Net Radio's withdrawn bids for these seven licenses in
Auction No. 18.[^15] The cumulative sum of the final bid withdrawal
payment is \$58,040.00, as shown below in Attachment A to this
letter.[^16]

The amount of money that Net Radio now owes to the Commission is reduced
by the sum of Net Radio's interim bid withdrawal payments, which the
Commission deducted from Net Radio's upfront payments at the close of
Auction No. 18.[^17] The cumulative sum of these interim bid withdrawal
payments is \$11,777.00, as shown in Attachment A to this letter.[^18]
Therefore, in accordance with Section 1.2104 of the Commission's rules,
after applying the interim bid withdrawal payments of \$11,777.00, Net
Radio owes an outstanding balance of \$46,263.00 for the high bids that
it withdrew in Auction No. 18.

Sum of Final Bid Withdrawal Payments \$ 58,040.00

Less sum of Interim Withdrawal Payments \$ 11,777.00

**Total amount due \$ 46,263.00**

As a result, Net Radio is in debt to the United States in the amount of
\$46,263.00. This letter establishes the amount of Net Radio's final bid
withdrawal payment liability for the licenses on which it withdrew bids
in Auction No. 18. We note, however, that on November 18, 2003, a
petition was filed which put Net Radio in bankruptcy under Chapter 7 of
the Bankruptcy Code.[^19] Therefore, the Commission will file a proof of
claim at the appropriate time in the Net Radio bankruptcy proceeding
regarding final withdrawal payment debt.

### [Ordering Clauses]{.underline}

Accordingly, IT IS ORDERED that, pursuant to Sections 4(i) and 309 of
the Communications Act of 1934 as amended, 47 U.S.C. §§ 154(i), 309, and
Section 1.2104 of the Commission's Rules, 47 C.F.R. § 1.2104(g), Net
Radio IS LIABLE for a final bid withdrawal payment in the amount of
\$650.00 for license BEA 016D, \$585.00 for license BEA 042D, \$1,040.00
for license BEA 045D, \$780.00 for license BEA 045E, \$975.00 for
license BEA 046D, \$715.00 for license BEA 052C, \$1,625.00 for license
BEA 112D, \$1,495.00 for license BEA 113D, \$715.00 for license BEA
114D, \$130.00 for license BEA 115C, \$455.00 for license BEA 115D,
\$780.00 for license BEA 120C, \$1,105.00 for license BEA 120D,
\$1,105.00 for license BEA 121C, \$1,040.00 for license BEA 121D,
\$65.00 for license BEA 123C, \$650.00 for license BEA 126D, \$260.00
for license BEA 126E, \$3,700.00 for license BEA 130E, \$1,170.00 for
license BEA 142C, \$1,170.00 for license BEA 142D, \$130.00 for license
BEA 168D, \$31,850.00 for license EAG 001G, \$5,850.00 for license EAG
004H, totaling \$58,040.00, as computed in Attachment A.

IT IS FURTHER ORDERED, that, pursuant to Sections 1.2104 and 1.2106 of
the Commission's rules, 47 C.F.R. §§ 1.2104 and 1.2106, the sum of Net
Radio's interim bid withdrawal payments of \$11,777.00 will be applied
towards the sum of the final bid withdrawal payments of \$58,040.00 for
its withdrawn bids on the twenty-four 220 MHz licenses from Auction No.
18, leaving Net Radio with a total debt to the Commission in the amount
of \$46,263.00.

IT IS FURTHER ORDERED, that there is no final bid withdrawal payment
with respect to licenses BEA 048B, BEA 053A, BEA 115A, BEA 115B, BEA
122D, BEA 124C, and EAG 001F.

IT IS FURTHER ORDERED that this letter shall be sent to the applicant
and its representatives by certified mail, return receipt requested.
This action is taken pursuant to authority delegated by Section 0.331 of
the Commission's rules, 47 C.F.R. § 0.331.

Sincerely,

Rita Cookmeyer

> Financial Policy Analyst
>
> Auctions and Spectrum Access Division
>
> Wireless Telecommunications Bureau

cc: Mr. Warren Havens

Net Radio Group Communications, LLC

## 

## ATTACHMENT A

Phase II 220 MHz Service Spectrum License Auction

**Multi-Auction Bid Withdrawal Payment Report**

+------+-------+-------+-------+-------+-------+-------+-------------+
| Lic  | M     | AU    | AU    | AU    | AU    | Net   | Net Radio's |
| ense | arket | CTION | CTION | CTION | CTION | Ra    | Interim     |
| Nu   | D     | 18,   | 18,   | 24,   | 24,   | dio's | Withdrawal  |
| mber | escri |       |       |       |       | Final | Payment (3% |
|      | ption | Net   | Net   | Gross | Net   | Bid   | of          |
|      |       | Ra    | Ra    | Bid   | Wi    | Withd | withdrawn   |
|      |       | dio's | dio's | A     | nning | rawal | net bid)    |
|      |       | With  | With  | mount | Bid   | Pa    |             |
|      |       | drawn | drawn |       | A     | yment |             |
|      |       |       | Net   |       | mount |       |             |
|      |       | Gross | Bid   |       |       | (     |             |
|      |       | Bid   | A     |       |       | Diffe |             |
|      |       | A     | mount |       |       | rence |             |
|      |       | mount |       |       |       | be    |             |
|      |       |       |       |       |       | tween |             |
|      |       |       |       |       |       | the   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 18    |             |
|      |       |       |       |       |       | and   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 24    |             |
|      |       |       |       |       |       | Net   |             |
|      |       |       |       |       |       | Bids) |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Stau  | \$2,5 | \$1,6 | \$1,5 | \$9   | \$6   | \$49.00     |
| 016D | nton, | 00.00 | 25.00 | 00.00 | 75.00 | 50.00 |             |
|      | VA-WV |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Ashev | \$2,5 | \$1,6 | \$1,6 | \$1,0 | \$5   | \$49.00     |
| 042D | ille, | 00.00 | 25.00 | 00.00 | 40.00 | 85.00 |             |
|      | NC    |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Jo    | \$2,5 | \$1,6 | \$9   | \$5   | \$1,0 | \$49.00     |
| 045D | hnson | 00.00 | 25.00 | 00.00 | 85.00 | 40.00 |             |
|      | City- |       |       |       |       |       |             |
|      | -King |       |       |       |       |       |             |
|      | sport |       |       |       |       |       |             |
|      | --Bri |       |       |       |       |       |             |
|      | stol, |       |       |       |       |       |             |
|      | TN-VA |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Jo    | \$2,5 | \$1,6 | \$1,3 | \$8   | \$7   | \$49.00     |
| 045E | hnson | 00.00 | 25.00 | 00.00 | 45.00 | 80.00 |             |
|      | City- |       |       |       |       |       |             |
|      | -King |       |       |       |       |       |             |
|      | sport |       |       |       |       |       |             |
|      | --Bri |       |       |       |       |       |             |
|      | stol, |       |       |       |       |       |             |
|      | TN-VA |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+

*Mr. Jeoffrey L. Burtch*

*June 13, 2004*

## ATTACHMENT A (continued)

Phase II 220 MHz Service Spectrum License Auction

**Multi-Auction Bid Withdrawal Payment Report**

+------+-------+-------+-------+-------+-------+-------+-------------+
| Lic  | M     | AU    | AU    | AU    | AU    | Net   | Net Radio's |
| ense | arket | CTION | CTION | CTION | CTION | Ra    | Interim     |
| Nu   | D     | 18,   | 18,   | 24,   | 24,   | dio's | Withdrawal  |
| mber | escri |       |       |       |       | Final | Payment (3% |
|      | ption | Net   | Net   | Gross | Net   | Bid   | of          |
|      |       | Ra    | Ra    | Bid   | Wi    | Withd | withdrawn   |
|      |       | dio's | dio's | A     | nning | rawal | net bid)    |
|      |       | With  | With  | mount | Bid   | Pa    |             |
|      |       | drawn | drawn |       | A     | yment |             |
|      |       |       | Net   |       | mount |       |             |
|      |       | Gross | Bid   |       |       | (     |             |
|      |       | Bid   | A     |       |       | Diffe |             |
|      |       | A     | mount |       |       | rence |             |
|      |       | mount |       |       |       | be    |             |
|      |       |       |       |       |       | tween |             |
|      |       |       |       |       |       | the   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 18    |             |
|      |       |       |       |       |       | and   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 24    |             |
|      |       |       |       |       |       | Net   |             |
|      |       |       |       |       |       | Bids) |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Hic   | \$2,5 | \$1,6 | \$1,0 | \$6   | \$9   | \$49.00     |
| 046D | kory- | 00.00 | 25.00 | 00.00 | 50.00 | 75.00 |             |
|      | Morga |       |       |       |       |       |             |
|      | nton, |       |       |       |       |       |             |
|      | NC-TN |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | C     | \$3,3 | \$2,1 | \$3,5 | 2,2   | \     | \$64.00     |
| 048B | harle | 00.00 | 45.00 | 00.00 | 75.00 | $0.00 |             |
|      | ston, |       |       |       |       |       |             |
|      | WV-   |       |       |       |       |       |             |
|      | KY-OH |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Whee  | \$2,5 | \$1,6 | \$1,4 | \$9   | \$7   | \$49.00     |
| 052C | ling, | 00.00 | 25.00 | 00.00 | 10.00 | 15.00 |             |
|      | WV-OH |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | P     | \$4,5 | \$2,9 | \$6,2 | \$4,0 | \     | \$88.00     |
| 053A | ittsb | 05.00 | 28.00 | 00.00 | 30.00 | $0.00 |             |
|      | urgh, |       |       |       |       |       |             |
|      | PA-WV |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Bism  | \$3,0 | \$1,9 | \$5   | \$3   | \$1,6 | \$59.00     |
| 112D | arck, | 00.00 | 50.00 | 00.00 | 25.00 | 25.00 |             |
|      | ND-   |       |       |       |       |       |             |
|      | MT-SD |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Fargo | \$3,0 | \$1,9 | \$7   | \$4   | \$1,4 | \$59.00     |
| 113D | -Moor | 00.00 | 50.00 | 00.00 | 55.00 | 95.00 |             |
|      | head, |       |       |       |       |       |             |
|      | NC-MN |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+

*Mr. Jeoffrey L. Burtch*

*June 13, 2004*

## ATTACHMENT A (continued)

Phase II 220 MHz Service Spectrum License Auction

**Multi-Auction Bid Withdrawal Payment Report**

+------+-------+-------+-------+-------+-------+-------+-------------+
| Lic  | M     | AU    | AU    | AU    | AU    | Net   | Net Radio's |
| ense | arket | CTION | CTION | CTION | CTION | Ra    | Interim     |
| Nu   | D     | 18,   | 18,   | 24,   | 24,   | dio's | Withdrawal  |
| mber | escri |       |       |       |       | Final | Payment (3% |
|      | ption | Net   | Net   | Gross | Net   | Bid   | of          |
|      |       | Ra    | Ra    | Bid   | Wi    | Withd | withdrawn   |
|      |       | dio's | dio's | A     | nning | rawal | net bid)    |
|      |       | With  | With  | mount | Bid   | Pa    |             |
|      |       | drawn | drawn |       | A     | yment |             |
|      |       |       | Net   |       | mount |       |             |
|      |       | Gross | Bid   |       |       | (     |             |
|      |       | Bid   | A     |       |       | Diffe |             |
|      |       | A     | mount |       |       | rence |             |
|      |       | mount |       |       |       | be    |             |
|      |       |       |       |       |       | tween |             |
|      |       |       |       |       |       | the   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 18    |             |
|      |       |       |       |       |       | and   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 24    |             |
|      |       |       |       |       |       | Net   |             |
|      |       |       |       |       |       | Bids) |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Aber  | \$2,6 | \$1,6 | \$1,5 | \$9   | \$7   | \$51.00     |
| 114D | deen, | 00.00 | 90.00 | 00.00 | 75.00 | 15.00 |             |
|      | SD    |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Rapid | \$3,0 | \$1,9 | \$2,1 | \$2,1 | \     | \$59.00     |
| 115A | City, | 00.00 | 50.00 | 00.00 | 00.00 | $0.00 |             |
|      | S     |       |       |       |       |       |             |
|      | D-MT- |       |       |       |       |       |             |
|      | ND-NE |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Rapid | \$2,5 | \$1,6 | \$2,1 | \$2,1 | \     | \$49.00     |
| 115B | City, | 00.00 | 25.00 | 00.00 | 00.00 | $0.00 |             |
|      | S     |       |       |       |       |       |             |
|      | D-MT- |       |       |       |       |       |             |
|      | ND-NE |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Rapid | \$2,5 | \$1,6 | \$2,3 | \$1,4 | \$1   | \$49.00     |
| 115C | City, | 00.00 | 25.00 | 00.00 | 95.00 | 30.00 |             |
|      | S     |       |       |       |       |       |             |
|      | D-MT- |       |       |       |       |       |             |
|      | ND-NE |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Rapid | \$3,0 | \$1,9 | \$2,3 | \$1,4 | \$4   | \$59.00     |
| 115D | City, | 00.00 | 50.00 | 00.00 | 95.00 | 55.00 |             |
|      | S     |       |       |       |       |       |             |
|      | D-MT- |       |       |       |       |       |             |
|      | ND-NE |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Grand | \$2,5 | \$1,6 | \$1,3 | \$8   | \$7   | \$49.00     |
| 120C | Is    | 00.00 | 25.00 | 00.00 | 45.00 | 80.00 |             |
|      | land, |       |       |       |       |       |             |
|      | NE    |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Grand | \$3,0 | \$1,9 | \$1,3 | \$8   | \$1,1 | \$59.00     |
| 120D | Is    | 00.00 | 50.00 | 00.00 | 45.00 | 05.00 |             |
|      | land, |       |       |       |       |       |             |
|      | NE    |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+

*Mr. Jeoffrey L. Burtch*

*June 13, 2004*

## 

## ATTACHMENT A (continued)

Phase II 220 MHz Service Spectrum License Auction

**Multi-Auction Bid Withdrawal Payment Report**

+------+-------+-------+-------+-------+-------+-------+-------------+
| Lic  | M     | AU    | AU    | AU    | AU    | Net   | Net Radio's |
| ense | arket | CTION | CTION | CTION | CTION | Ra    | Interim     |
| Nu   | D     | 18,   | 18,   | 24,   | 24,   | dio's | Withdrawal  |
| mber | escri |       |       |       |       | Final | Payment (3% |
|      | ption | Net   | Net   | Gross | Net   | Bid   | of          |
|      |       | Ra    | Ra    | Bid   | Wi    | Withd | withdrawn   |
|      |       | dio's | dio's | A     | nning | rawal | net bid)    |
|      |       | With  | With  | mount | Bid   | Pa    |             |
|      |       | drawn | drawn |       | A     | yment |             |
|      |       |       | Net   |       | mount |       |             |
|      |       | Gross | Bid   |       |       | (     |             |
|      |       | Bid   | A     |       |       | Diffe |             |
|      |       | A     | mount |       |       | rence |             |
|      |       | mount |       |       |       | be    |             |
|      |       |       |       |       |       | tween |             |
|      |       |       |       |       |       | the   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 18    |             |
|      |       |       |       |       |       | and   |             |
|      |       |       |       |       |       | Au    |             |
|      |       |       |       |       |       | ction |             |
|      |       |       |       |       |       | 24    |             |
|      |       |       |       |       |       | Net   |             |
|      |       |       |       |       |       | Bids) |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | North | \$2,6 | \$1,6 | \$9   | \$5   | \$1,1 | \$51.00     |
| 121C | Pl    | 00.00 | 90.00 | 00.00 | 85.00 | 05.00 |             |
|      | atte, |       |       |       |       |       |             |
|      | NE-CO |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | North | \$2,5 | \$1,6 | \$9   | \$5   | \$10  | \$49.00     |
| 121D | Pl    | 00.00 | 25.00 | 00.00 | 85.00 | 40.00 |             |
|      | atte, |       |       |       |       |       |             |
|      | NE-CO |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | Wic   | \$3,0 | \$1,9 | \$4,7 | \$3,0 | \     | \$59.00     |
| 122D | hita, | 00.00 | 50.00 | 00.00 | 55.00 | $0.00 |             |
|      | KS    |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | To    | \$2,5 | \$1,6 | \$2,4 | \$1,5 | \$    | \$49.00     |
| 123C | peka, | 00.00 | 25.00 | 00.00 | 60.00 | 65.00 |             |
|      | KS    |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | T     | \$2,5 | \$1,6 | \$3,8 | \$3,8 | \     | \$49.00     |
| 124C | ulsa, | 00.00 | 25.00 | 00.00 | 00.00 | $0.00 |             |
|      | OK-KS |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+
| BEA  | We    | \$2,5 | \$1,6 | \$1,5 | \$9   | \$6   | \$49.00     |
| 126D | stern | 00.00 | 25.00 | 00.00 | 75.00 | 50.00 |             |
|      | Okla  |       |       |       |       |       |             |
|      | homa, |       |       |       |       |       |             |
|      | OK    |       |       |       |       |       |             |
+------+-------+-------+-------+-------+-------+-------+-------------+

## ATTACHMENT A (continued)

Phase II 220 MHz Service Spectrum License Auction

**Multi-Auction Bid Withdrawal Payment Report**

+-----+------+------+------+------+------+-------+------------------+
| L   | Ma   | AUC  | AUC  | AUC  | AUC  | Net   | Net Radio's      |
| ice | rket | TION | TION | TION | TION | Ra    | Interim          |
| nse | Des  | 18,  | 18,  | 24,  | 24,  | dio's | Withdrawal       |
| Num | crip |      |      |      |      | Final |                  |
| ber | tion | Net  | Net  | G    | Net  | Bid   | Payment (3% of   |
|     |      | Rad  | Rad  | ross | Win  | Withd | withdrawn net    |
|     |      | io's | io's | Bid  | ning | rawal | bid)             |
|     |      | W    | W    | Am   | Bid  | Pa    |                  |
|     |      | ithd | ithd | ount | Am   | yment |                  |
|     |      | rawn | rawn |      | ount |       |                  |
|     |      |      | Net  |      |      | (     |                  |
|     |      | G    | Bid  |      |      | Diffe |                  |
|     |      | ross | Am   |      |      | rence |                  |
|     |      | Bid  | ount |      |      | be    |                  |
|     |      | Am   |      |      |      | tween |                  |
|     |      | ount |      |      |      | the   |                  |
|     |      |      |      |      |      | Au    |                  |
|     |      |      |      |      |      | ction |                  |
|     |      |      |      |      |      | 18    |                  |
|     |      |      |      |      |      | and   |                  |
|     |      |      |      |      |      | Au    |                  |
|     |      |      |      |      |      | ction |                  |
|     |      |      |      |      |      | 24    |                  |
|     |      |      |      |      |      | Net   |                  |
|     |      |      |      |      |      | Bids) |                  |
+-----+------+------+------+------+------+-------+------------------+
| BEA | Wes  | \$   | \$   | \$   | \$   | \$2   | \$49.00          |
| 1   | tern | 2,50 | 1,62 | 2,10 | 1,36 | 60.00 |                  |
| 26E | O    | 0.00 | 5.00 | 0.00 | 5.00 |       |                  |
|     | klah |      |      |      |      |       |                  |
|     | oma, |      |      |      |      |       |                  |
|     | OK   |      |      |      |      |       |                  |
+-----+------+------+------+------+------+-------+------------------+
| BEA | Au   | \$3  | \$2  | \$2  | \$2  | \$3,7 | \$741.00         |
| 1   | stin | 8,00 | 4,70 | 1,00 | 1,00 | 00.00 |                  |
| 30E | -San | 0.00 | 0.00 | 0.00 | 0.00 |       |                  |
|     | Mar  |      |      |      |      |       |                  |
|     | cos, |      |      |      |      |       |                  |
|     | TX   |      |      |      |      |       |                  |
+-----+------+------+------+------+------+-------+------------------+
| BEA | Scot | \$   | \$   | \$70 | \$45 | \$1,1 | \$49.00          |
| 1   | tsbl | 2,50 | 1,62 | 0.00 | 5.00 | 70.00 |                  |
| 42C | uff, | 0.00 | 5.00 |      |      |       |                  |
|     | N    |      |      |      |      |       |                  |
|     | E-WY |      |      |      |      |       |                  |
+-----+------+------+------+------+------+-------+------------------+
| BEA | Scot | \$   | \$   | \$70 | \$45 | \$1,1 | \$49.00          |
| 1   | tsbl | 2,50 | 1,62 | 0.00 | 5.00 | 70.00 |                  |
| 42D | uff, | 0.00 | 5.00 |      |      |       |                  |
|     | N    |      |      |      |      |       |                  |
|     | E-WY |      |      |      |      |       |                  |
+-----+------+------+------+------+------+-------+------------------+
| BEA | Pe   | \$   | \$   | \$   | \$   | \$1   | \$49.00          |
| 1   | ndle | 2,50 | 1,62 | 2,30 | 1,49 | 30.00 |                  |
| 68D | ton, | 0.00 | 5.00 | 0.00 | 5.00 |       |                  |
|     | O    |      |      |      |      |       |                  |
|     | R-WA |      |      |      |      |       |                  |
+-----+------+------+------+------+------+-------+------------------+
| EAG | N    | \$12 | \$7  | \$   | \$   | \     | \$2,399.00       |
| 0   | orth | 3,00 | 9,95 | 0.00 | 0.00 | $0.00 |                  |
| 01F | east | 0.00 | 0.00 |      |      |       |                  |
+-----+------+------+------+------+------+-------+------------------+
| EAG | N    | \$18 | \$12 | \$14 | \$9  | \     | \$3,686.00       |
| 0   | orth | 9,00 | 2,85 | 0,00 | 1,00 | $31.8 |                  |
| 01G | east | 0.00 | 0.00 | 0.00 | 0.00 | 50.00 |                  |
+-----+------+------+------+------+------+-------+------------------+
| EAG | G    | \$18 | \$11 | \$17 | \$11 | \$5,8 | \$3,510.00       |
| 0   | reat | 0,00 | 7,00 | 1,00 | 1,15 | 50.00 |                  |
| 04H | L    | 0.00 | 0.00 | 0.00 | 0.00 |       |                  |
|     | akes |      |      |      |      |       |                  |
+-----+------+------+------+------+------+-------+------------------+

  ---------------------------------------- ------------------------------
  Total Final Bid Withdrawal Payments      \$58,040.00

  Less Sum of Interim Withdrawal Payments  \$11,777.00

  **Total Amount Due**                     **\$46,263.00**
  ---------------------------------------- ------------------------------

**[\\]{.underline}**

[^1]: Phase II 220 MHz Service Auction Closes, Winning Bidders In the
    Auction of 908 Phase II 220 MHz Service Licenses, Report No.
    AUC-18-F (Auction No. 18), *Public Notice*, 14 FCC Rcd 605 at
    Attachment C, 660 (1998) ("*Auction No. 18 Winning Bidders Public
    Notice*").

[^2]: Withdrawal payments were assessed for the following 31 licenses:
    BEA 016D (Staunton, VA-WV), BEA 042D (Asheville, NC), BEA 045D
    (Johnson City--Kingsport--Bristol, TN-VA), BEA 045E (Johnson
    City--Kingsport--Bristol, TN-VA), BEA 046D, (Hickory-Morganton,
    NC-TN), BEA 048B (Charleston, WV-KY-OH), BEA 052C (Wheeling, WV-OH),
    BEA 053A (Pittsburgh, PA-WV), BEA 112D (Bismarck, ND-MT-SD), BEA
    113D (Fargo-Moorhead, NC-MN), BEA 114D (Aberdeen, SD), BEA 115A
    (Rapid City, SD-MT-ND-NE), BEA 115B (Rapid City, SD-MT-ND-NE), BEA
    115C (Rapid City, SD-MT-ND-NE), 115D (Rapid City, SD-MT-ND-NE), BEA
    120C (Grand Island, NE), BEA 120D (Grand Island, NE), BEA 121C
    (North Platte, NE-CO), BEA 121D (North Platte, NE-CO), BEA 122D
    (Wichita, KS), BEA 123C (Topeka, KS), BEA 124C (Tulsa, OK-KS), BEA
    126D (Western Oklahoma, OK), BEA 126E (Western Oklahoma, OK), BEA
    130E (Austin-San Marcos, TX), BEA 142C (Scottsbluff, NE-WY), BEA
    142D (Scottsbluff, NE-WY), BEA 168D (Pendleton, OR-WA), EAG 001F
    (Northeast), EAG 001G (Northeast), EAG 004H (Great Lakes). The
    following 25 licenses were sold in Auction No. 18, subsequent to Net
    Radio's bid withdrawal in that auction: BEA 017A (Roanoke, VA-WV),
    BEA 029A (Jacksonville, FL-GA), BEA 029D (Jacksonville, FL-GA), BEA
    030A (Orlando, FL), BEA 110E (Grand Forks, ND-MN), BEA 112E
    (Bismark, ND-MT-SD), BEA 113E (Fargo-Moorhead, ND-MN), BEA 114E
    (Aberdeen, SD), BEA116A (Sioux Falls, SD,-IA-MN-NE), BEA116B (Sioux
    Falls, SD,-IA-MN-NE), BEA116C (Sioux Falls, SD,-IA-MN-NE), BEA116D
    (Sioux Falls, SD,-IA-MN-NE), BEA 117A (Sioux City, IA-NE-SD), BEA
    117B (Sioux City, IA-NE-SD), BEA 117C (Sioux City, IA-NE-SD), BEA
    117D (Sioux City, IA-NE-SD), BEA 118B (Omaha, NE-IA-MO), BEA 119C
    (Lincoln, NE), BEA 122C (Wichita, KS-OK), BEA 124E (Tulsa, OK-KS),
    BEA 140A (Pueblo, CO-NM), BEA 157A (El Paso, TX-NM), BEA 157D (El
    Paso, TX-NM), BEA 159A (Tucson, AZ), EAG 005I (Central/Mountain).
    *Auction No. 18 Winning Bidders Public Notice,* 14 FCC Rcd at
    Attachment C, 660.

[^3]: Phase II 220 MHz Service Auction Closes: Winning Bidders In the
    Auction of 225 Licenses in the Phase II 220 MHz Service, Report No.
    AUC-24-E (Auction No. 24), *Public Notice*, 14 FCC Rcd 11218 (1999)
    ("*Auction No. 24 Winning Bidders Public Notice*").

[^4]: 47 C.F.R. § 1.2104(g)(1).

[^5]: *Id.*

[^6]: *Id.*; *see Auction No. 18 Winning Bidders Public Notice*, 14 FCC
    Rcd at 608 and at Attachment C, 658 (lists bidders' three percent
    interim bid withdrawal payments).

[^7]: 47 C.F.R. § 1.2106(e); *see Auction No. 18 Winning Bidders Public
    Notice*, 14 FCC Rcd at 608.

[^8]: 47 C.F.R. § 1.2104(g)(1).

[^9]: *Id.*

[^10]: *Auction No. 18 Winning Bidders Public Notice,* 14 FCC Rcd at
    Attachment C, 660.

[^11]: *Id.,* 14 FCC Rcd at Attachment B, 656 and Attachment C, 658-663;
    *Auction No. 24 Winning Bidders Public Notice*, 14 FCC Rcd at
    Attachment E, 11241 (multiple auction withdrawal payment report).
    Eleven of the twenty-five licenses that later sold in Auction No. 18
    sold for winning bids less than Net Radio's withdrawn bid amount.
    Therefore, a final bid withdrawal payment for these eleven licenses
    in the amount of \$2,795.00 was assessed and deducted from Net
    Radio's upfront payment for licenses BEA 017A, BEA 029A, BEA 112E,
    BEA 116A, BEA 116B, BEA 117B, BEA 117D, BEA 118B, BEA 124E, BEA
    157D, BEA 159A. *Id*. Fourteen of the twenty-five licenses that
    later sold in Auction No. 18 sold for net winning bids that were
    equal to or greater than Net Radio's withdrawn bid amount.
    Therefore, a final bid withdrawal payment was not assessed for these
    fourteen licenses. *Id*.

[^12]: *See Auction No. 24 Winning Bidders Public Notice,* 14 FCC Record
    at Attachment E, 11241.

[^13]: *Id.*

[^14]: 47 C.F.R. § 1.2104(g)(1).

[^15]: *Auction No. 24 Winning Bidders Public Notice*, 14 FCC Rcd at
    Attachment C, 11239 and Attachment E, 11240; 47 C.F.R. §
    1.2104(g)(1). During Auction No. 24, a bidder withdrew a high bid
    for one license that was greater than the high bid that Net Radio
    withdrew on the same license in Auction No. 18 (EAG 001F); six other
    licenses sold for sums greater than Net Radio's withdrawn bids in
    Auction No. 18 (BEA 048B, BEA 053A, BEA 115A, BEA 115B, BEA 122D,
    BEA 124C). *See Auction No. 24 Winning Bidders Public Notice*, 14
    FCC Rcd at Attachment A, 11227; *Auction No. 18 Winning Bidders
    Public Notice*, 14 FCC Rcd at Attachment C, 658.

[^16]: Attachment A of this letter calculates the final bid withdrawal
    payments for each of the licenses; *see also* *Auction No. 24
    Winning Bidders Public Notice*, 14 FCC Rcd at Attachment E, 11241.

[^17]: *See* 47 C.F.R. § 1.2106(e); *see Auction No. 18 Winning Bidders
    Public Notice*, 14 FCC Rcd at Attachment B, 656 and Attachment C,
    658.

[^18]: *See* 47 C.F.R. § 1.2104(g)(1).

[^19]: Net Radio Group Communications, LLC, Case No. 03-13532 (Bankr. D.
    Del. filed Nov. 18, 2003).