[Code of Federal Regulations] [Title 47, Volume 2] [Revised as of October 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 47CFR24.404] [Page 246-247] TITLE 47--TELECOMMUNICATION CHAPTER I--FEDERAL COMMUNICATIONS COMMISSION (CONTINUED) PART 24_PERSONAL COMMUNICATIONS SERVICES--Table of Contents Subpart G_Interim Application, Licensing and Processing Rules for Narrowband PCS Sec. 24.404 Eligibility. (a) General. Authorizations will be granted upon proper application if: (1) The applicant is qualified under the applicable laws and the regulations, policies and decisions issued under the laws, including Sec. 24.12; (2) There are frequencies available to provide satisfactory service; and (3) The public interest, convenience or necessity would be served by a grant. [[Page 247]] (b) Alien ownership. A narrowband PCS authorization to provide Commercial Mobile Radio Service may not be granted to or held by: (1) Any alien or the representative of any alien. (2) Any corporation organized under the laws of any foreign government. (3) Any corporation of which more than one-fifth of the capital stock is owned of record or voted by aliens or their representatives or by a foreign government or representative thereof or any corporation organized under the laws of a foreign country. (4) Any corporation directly or indirectly controlled by any other corporation of which more than one-fourth of the capital stock is owned or voted by aliens, their representatives, or by a foreign government or representative thereof, or by any corporation organized under the laws of a foreign country, if the Commission finds that the public interest will be served by the refusal or revocation of such license. A Narrowband PCS authorization to provide Private Mobile Radio Service may not be granted to or held by a foreign government or a representative thereof. [59 FR 26749, May 24, 1994, as amended at 61 FR 55581, Oct. 28, 1996; 65 FR 35855, June 6, 2000]