Once the issuance of an FCC license has been approved, it provides the licensed broadcaster with the ownership rights over the channel (frequency assignment) of radio transmission.

Name: Once the issuance of an FCC license has been approved, it provides the licensed broadcaster with the ownership rights over the channel (frequency assignment) of radio transmission.
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Quizplus · Accepted Answer

A license merely gives the licensee the right to use a radio channel. The license does not confer any ownership rights.

Once the Issuance of an FCC License Has Been Approved