1.   Brazil will sell licenses to operate fixed-line operations in competition with the three regional operators to be created out of what is now the Telebras system.

2.   Advanced had planned to sell the license to Tele-Communications Inc., launching the Colorado cable television giant into the DBS market.

3.   Broadcasters say American viewers will lose free TV if the new licenses are sold.

4.   Conceivably, federal regulators could require BT to sell the license to a U.S.-based operator.

5.   If companies overbid, they may have to fold tent and sell their licenses to someone else at a loss.

6.   If broadcast licenses are sold at auction, public interest obligations could be explicitly written into the license contract, the officials said.

7.   If the license is subsequently sold for less than the original winning bid, the company that defaulted must pay the difference between the two bids.

8.   If the broadcasters fail to meet the deadline, they should be fined or required to sell the license to someone else who can put it to good use.

9.   In addition to PCS service, the commission has sold licenses to offer wireless cable television, digital audio radio and specialized mobile radio used by taxi dispatchers.

10.   Like most other chattel, the owner can sell the licenses, trade them or bequeath them after death.