Section 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 § 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.(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