The FCC Public Safety Bureau on Friday sought comment on...
The FCC Public Safety Bureau on Friday sought comment on a request for declaratory ruling by Sprint Nextel that the carrier will not have to make an “anti-windfall” payment to the U.S. Treasury as part of the ongoing 800 MHz…
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rebanding (CD Jan 24 p12). Comments are due Feb. 25, replies March 11 (http://xrl.us/bocbqf). Sprint also asked the FCC to allow it to reduce below $850 million the minimum amount of the Letter of Credit that Sprint was required to obtain to secure its relocation funding obligations. “The Commission has allowed reductions in the original $2.5 billion Letter of Credit amount as Sprint has paid rebanding expenses, but previously established an $850 million ‘floor’ for the Letter of Credit balance,” the notice said. “Sprint contends that this minimum balance no longer serves the public interest because it exceeds the amount that Sprint will need to pay to complete the rebanding of 800 MHz systems that have not rebanded to date."