issued by the Authority. Such auction shall be announced in such manner as the Authority deems appropriate at least thirty days prior to the date of holding such auction. The License shall in this case be granted without requiring the ratification of the Board. c) The Authority shall, before giving a final decision with respect to all applications for Individual Licenses, ensure that the applicant has satisfied the conditions provided for in this Law and in the laws, regulations and resolutions issued in implementation of the provisions of this Law, with particular regard to whether: 1) The applicant has sufficient resources, skills and expertise in the field of the subject matter of the application. 2) The applicant meets such criteria for the License applied for as are determined and issued by the Authority from time to time. 3) The interests of Subscribers and Users will be served. 4) Competition among Licensed Operators will be promoted. d) The Authority shall, within a period not exceeding ninety days of the application, decide on the License application and if the Authority considers it necessary to obtain any further information, the Authority shall notify the applicant of such requirement within a period not exceeding thirty days after date of the submission of the application. In such case, the final decision shall be passed within the longer of: 1) Thirty days from the date of receipt of such required further information, and 2) One hundred and fifty days from the date of submission of the License application. e) Individual Licenses shall have standardised terms and conditions as far as practicable, and any differences shall be for objectively justifiable reasons. Without prejudice to the foregoing, the Authority may grant to an applicant who does not have significant market power a License on terms and conditions that are more favorable than another Licensed Operator with significant market power.