[Code of Federal Regulations]
[Title 47, Volume 2]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR27.702]

[Page 387-388]
 
                       TITLE 47--TELECOMMUNICATION
 
                    CHAPTER I--FEDERAL COMMUNICATIONS
                         COMMISSION (CONTINUED)
 
PART 27--MISCELLANEOUS WIRELESS COMMUNICATIONS SERVICES--Table of Contents
 
   Subpart H--Competitive Bidding Procedures for the 698-746 MHz Band
 
Sec. 27.702  Designated entities.

    (a) Eligibility for small business provisions. (1) An entrepreneur 
is an entity that, together with its controlling interests and 
affiliates, has average gross revenues not exceeding $3 million for the 
preceding three years. This definition applies only with respect to 
licenses in Block C (710-716 MHz and 740-746 MHz) as specified in 
Sec. 27.5(c)(1).
    (2) A very small business is an entity that, together with its 
controlling interests and affiliates, has average gross revenues not 
exceeding $15 million for the preceding three years.
    (3) A small business is an entity that, together with its 
controlling interests and affiliates, has average gross revenues not 
exceeding $40 million for the preceding three years.
    (b) Bidding credits. A winning bidder that qualifies as an 
entrepreneur, as defined in this section, or a consortium of 
entrepreneurs may use the bidding credit specified in 
Sec. 1.2110(f)(2)(i) of this chapter. A winning bidder that qualifies as 
a very small business, as defined in this section, or a consortium of 
very small businesses may use the bidding credit specified in 
Sec. 1.2110(f)(2)(ii) of this chapter. A winning bidder that qualifies 
as a small business, as defined

[[Page 388]]

in this section, or a consortium of small businesses may use the bidding 
credit specified in Sec. 1.2110(f)(2)(iii) of this chapter.

[67 FR 5512, Feb. 6, 2002, as amended at 68 FR 43000, July 21, 2003]