The FCC Wireless Bureau said VentureTel is entitled to a refund...
The FCC Wireless Bureau said VentureTel is entitled to a refund of $487,250 after it had winning bids for seven B-block licenses in the original 700 MHz auction, but defaulted on payment obligations for them (http://xrl.us/bmy983). The bureau already assessed…
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an initial default payment of $218,250 against the company.