CTIA Says Formal Contracts Key to 3.45 GHz Clearinghouse
CTIA officials stressed the importance of formal contracts between licensees and the 3.45 GHz relocation payment clearinghouse, in a call with FCC Wireless Bureau staff. “Appropriate oversight of the Clearinghouse can be assured by confirming that licensees covering some reasonable…
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proportion of the total relocation liability have negotiated contracts with the Clearinghouse,” said a filing posted Monday in docket 19-348. “Because the percentage of the 3.45 GHz transition costs that will be owed by each licensee is directly proportional to the number of licenses acquired in the auction, identifying key stakeholders among the 3.45 GHz Service licensees is relatively simple,” CTIA said: “The top three winning bidders will be responsible for more than 80 percent of the transition costs and the top five winning bidders will be responsible for more than 90 percent.” The FCC last week awarded licensees won in the 3.45 GHz auction (see 2205040057).