Gov Set to Approve Verizon-Cable Deal With Conditions
The Federal Communications Commission and Department of Justice are prepared to approve Verizon Wireless's proposed acquisition of 122 AWS spectrum license from a consortium of cable companies, but only if those companies agree to major concessions. According to sources cited by Reuters, the FCC and DoJ will allow the spectrum purchase itself to proceed with minimal adjustments. However, the DoJ has grave concerns about the cross marketing agreements that are part of the proposal, especially those between Verizon and Comcast. Reuters' sources say the DoJ would force Verizon and the cable companies to modify the side deals heavily in order to gain approval. For example, the DoJ would not allow Verizon and Comcast to market one another's products in areas where Verizon offers its FiOS internet and television services. In other markets, the cross marketing agreement would only be allowed for a specific amount of time. The companies hope the proposal's review will be completed by the end of the month. Both the FCC and DoJ declined to comment on Reuters' story.
FCC and Justice Dept. Likely to Approve AT&T-DirecTV Deal
The FCC and Department of Justice are wrapping up their review of AT&T's proposed $49 billion acquisition of DirecTV and don't have any real concerns, according to people familiar with the matter. The agencies may still impose conditions on the deal, but aren't likely to block it, says the Wall Street Journal.
Verizon Fires Up AWS in Louisville
Verizon Wireless today launched LTE 4G service on its AWS spectrum holdings in Louisville, Ky. The company said it made an effort to get the additional spectrum online ahead of the Kentucky Derby, which will be run Saturday afternoon, and draws an average crowd of 155,000.
FCC Chairman to Reword Net Neutrality Proposal
Federal Communications Commission Chairman Tom Wheeler is prepared to alter the language in his proposed rules regarding net neutrality. As written, the rules would allow broadband providers to collect tolls for internet fast lanes.
Verizon Brands Its Dual-Band LTE Markets as 'XLTE'
Verizon Wireless today announced the launch of XLTE service, which is a new way for the company to market its dual-band LTE network. Verizon Wireless initially deployed LTE in the 700MHz band.
Carriers to Rely on CTIA, Other Trade Groups to Sue FCC
AT&T, Verizon Wireless and other mobile network operators won't sue the FCC over its proposed net neutrality plans on their own, but will through a number of trade groups. Sources cited by Reuters suggest the move will allow the carriers to streamline their litigation and prevent them from becoming the targets of backlash.