(b)
Whenever the Commission has received more applications for Licenses
than it can grant the Commission shall hold an auction for Individual Licenses in
accordance with rules and procedures that the Commission shall establish pursuant to the
procedure set forth in Sections 331-334 of this Act. Such auction shall be
announced in such manner as the Commission deems appropriate at least thirty days prior
to the date of holding such auction. The License shall in this case be granted without
requiring ratification of the Commission.
(c)
The Commission shall, before giving a final decision with respect to any
applications for an Individual License, ensure that the applicant satisfies any and all
conditions provided for in this Act and in any regulations that the Commission may adopt
pursuant to this Act.
(d)
The Commission shall, within no more than ninety days of such
application, decide as to the application for a License and if the Commission considers it
necessary to obtain any further information, the Commission shall notify the applicant of
such matter within a period not exceeding thirty days after date of the submission of the
application.
(e)
The Commission shall standardize Individual Licenses as far as
practicable, and any differences shall be for objectively justifiable reasons.
Notwithstanding the foregoing, the Commission may grant to an applicant that does
not possess Significant Market Power a License on terms that are more favorable than the
Licensed Operator that possesses Significant Market Power.
(f)
Within seven days of the grant of a License, the Commission shall notify
the applicant that the License is available for collection. Such notice shall be sent to the
address specified by the applicant. The Commission shall publish the License on its
website as soon as is practicable after granting it.
(g)
Any Person that directly or indirectly acquires five percent or more of the
equity of an Individual Licensee shall notify the Commission of this fact within seven
days as of the date of the acquisition of such share.
Sec. 605
(a)
The Commission may, from time to time, issue a Class License for a
Telecommunications Service that does not require the use of radio frequency spectrum or
of numbering resources from the National Numbering Plan.
(b)
The Commission shall grant a Class License to any applicant that meets
the conditions prescribed by the Commission for such License.
Sec. 606
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