FCC Formally Approves Verizon's Cable Spectrum Deal
The Federal Communications Commission today officially and formally granted Verizon Wireless permission to purchase 122 AWS spectrum licenses from a consortium of cable companies, as well as other transactions with T-Mobile USA and Leap Wireless. The deal has already won approval from the Department of Justice and an informal nod from FCC chair Julius Genachowski. Today's action by the FCC is the government-sanctioned greenlight for which Verizon Wireless has been waiting. The FCC did, however, issue some conditions and provisions to which Verizon must adhere. Verizon Wireless must close its proposed spectrum transfer with T-Mobile USA within 45 days of its closing of the SpectrumCo, Cox, and Leap transactions. Verizon will have to provide service to 30% of the areas covered by its new AWS spectrum holdings within three years of completing the transaction, and 70% of the new areas within seven years. Verizon Wireless also has to agree to offer roaming agreements "for commercial mobile data services on any of its spectrum in the areas where it is acquiring AWS-1 spectrum to other commercial mobile data service providers on commercially reasonable terms and conditions." Verizon has to offer these roaming terms for five years. Verizon plans to use the spectrum to enhance its LTE 4G network.
FCC Awards Spectrum Licenses to AWS-3 Bidders
The FCC today officially granted some winning bidders in the AWS-3 spectrum auction the licenses allowing them to take ownership of the airwaves. The AWS-3 spectrum auction concluded earlier this year, with AT&T, Dish Networks, T-Mobile, and Verizon Wireless the top four bidders.
Verizon and T-Mobile Agree to $173M Spectrum Swap
Verizon Wireless and T-Mobile have agreed to exchange AWS-1 and PCS spectrum in dozens of markets around the country in a deal valued at $173 million. The spectrum in question covers portions of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, and Virginia.
T-Mobile Leasing Spectrum In Effort to Expand LTE Coverage
T-Mobile recently confirmed that it has leased some spectrum licenses to other carriers in order to help expand its LTE 4G coverage. "We're always exploring opportunities to enhance America's fastest 4G LTE network," said T-Mobile in a statement provided to FierceWireless.
AWS-3 Spectrum Auction Over, Bids Total $44.89 Billion
The FCC today said Auction 97, which covered blocks of spectrum in the AWS-3 band, is now over. It received a final bid today for the 1695-1710MHz unpaired spectrum band just a day after it closed bids for the G, H, I, and J paired spectrum blocks.
Man! These guys...
JD & Power just came out saying VZW's network performs better than all others. They're gobbling up spectrum. In bed with the cable companies. And they're pushing customers to more profitable "Share Everything" plans.
What's next...world domination!?!
What I don't understand is if these linceses are not rural than how is this a competive deal? I know AWS is band for rural areas so why not block the deal and let regional carriers buy these linceses to help them expand. It is probably because this is unused spectrum.