FCC Seeks Letters of Credit, Legal Counsel's Opinion by Aug. 5 From CAF Phase II Bidders
The FCC is ready to authorize support for 1,122 new winning bids in the Connect America Fund Phase II Auction 903, it said Monday in docket 10-90. The 10-year USF broadband funding support is pending an irrevocable letter of credit…
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and bankruptcy code opinion letter from legal counsel for each state where a provider has winning bids. The deadline for the materials is Aug. 5. Any long-form applicants that fail to file the required documents in time will be in default and subject to forfeiture. The FCC also said Crocker Communications doesn't intend to pursue its winning bids and is subject to forfeiture.