The Federal Communications Commission has released a due-diligence
announcement for bidders interested in spectrum now occupied by TV channels 54,
55 and 59 in the C and D blocks of the lower 700-megahertz band of spectrum.
The band is being cleared to make room for new services, with an auction scheduled for May 28.
The notice provides a laundry list of caveats -- the commission calls them "encumbrances" -- that the buyers need to beware of, and check for, before bidding.
It advises would-be bidders to check the FCC's license
database for information on, among other things, who is currently on channels
53, 56, 58 and 60, since the bidders must provide protection from