PUBLIC NOTICE

FEDERAL COMMUNICATIONS COMMISSION

445 12th STREET, S.W.

WASHINGTON, D.C. 20554 **DA01-1308**

News media information 202/418-0500 Fax-On-Demand 202/418-2830 Internet:
http://www.fcc.gov ftp.fcc.gov

**Released: May 29, 2001**

**WIRELESS TELECOMMUNICATIONS BUREAU GRANTS CONSENT TO ASSIGN**

**C BLOCK BROADBAND PCS LICENSES**

Pursuant to Section 310(d) of the Communications Act, 47 U.S.C. §
310(d), and Section 0.331 of the Commission\'s rules, 47 C.F.R. § 0.331,
the Wireless Telecommunications Bureau (Bureau) approves, subject to the
conditions set forth below, the application requesting Commission
consent to assign the following license:

> **NPI-Omnipoint Wireless, LLC to NOW Licenses, LLC:** (Disaggregated)
> Markets B345C1 -- Petoskey, B446C1 **--** Transverse City, MI; BTA (C
> Block); File No. 0000356932.

We approve this assignment of license application because we find it is
in the public interest, convenience, and necessity. *See 47 U.S.C. §
310(d)*. By this approval, the parties are authorized to proceed to the
final stages of their respective transactions. Section 1.948(d) of the
Commission\'s rules provides that \"the Commission shall be notified by
letter of the date of completion of the assignment or transfer of
control.\" *See 47 C.F.R. §1.948(d)*. Hence, we remind parties that an
assignment shall not be considered complete until the underlying
transaction closes and all conditions set forth in the grant documents,
including this Public Notice and the application, are met. In addition,
the approval of each assignment is also conditioned upon the execution
of all Commission loan documents by the assignor, assignee and the
Commission, unless the license being assigned has been paid in full. It
is further conditioned upon full payment of any required unjust
enrichment payments on or before the consummation date*. See 47 C.F.R.
§1.2111(c) and (d).*

Furthermore, unless the license being assigned has been paid in full,
the approval is conditioned upon the assignee\'s execution of the
applicable financing statements (*i.e.* the UCC-1 Forms) and payment of
all costs associated with the preparation and recordation of the
financing statements, on or before the consummation date. Where
applicable, the Bureau will send all assignors listed herein the
appropriate loan documents and financing statements upon notification of
the proposed consummation date. Additionally, all installment payments
must be current on the consummation date.[^1] Upon receipt of the letter
required by Section 1.948(d) of the Commission\'s rules, and
satisfaction of all requisite conditions, including execution of the
appropriate documents, the Bureau will consider the assignment
\"complete\" and will issue the license to the assignee with the date of
the license grant identical to the date upon which the transaction
closed, thus completing the assignment.

Failure of the parties to comply with Section 1.948(d) of the
Commission\'s rules, or any specific condition described above, will
result in automatic cancellation of the Commission\'s assignment
approval, and dismissal of the underlying assignment application.

To notify the Bureau of the proposed consummation date and to request
loan documents and financing statements, contact Rita Cookmeyer or
Yolanda Lee at (202) 418-0660. Requests for loan documents and financing
statements should be made at least 10 days prior to consummation.

This Public Notice is issued by the Chief, Wireless Telecommunications
Bureau.

**- FCC -**

[^1]: ^?^ In order to be current, the installment payment may not be in
    the non-delinquency period or grace period. Amendment of Part 1 of
    the Commission\'s Rules \-- Competitive Bidding Procedures, *Third
    Report and Order and Second Further Notice of Proposed Rulemaking*,
    13 FCC Rcd. 374 (1997). In addition, there must be no outstanding
    fees, including late fees, due to the Commission.