Panhandle Telecom Agrees to Buy 700MHz from Verizon
Verizon Wireless today announced that it has entered into an agreement to sell select 700MHz lower B Block spectrum licenses to Panhandle Telecommunications Systems. The transaction will give Panhandle the Texas RSA 2-Hansford license, which covers 12 counties in the northwest part of Texas. Verizon announced a similar deal with Nortex Communications on November 14. Verizon agreed earlier this year to sell some of its 700MHz spectrum holdings after the Federal Communications Commission gave it permission to purchase a large swath of AWS spectrum licences from a consortium of cable companies. Both the Panhandle and Nortex deals require regulatory approval before they can be completed.
Verizon to Sell Landline Biz to Frontier for $10 Billion
Verizon Communications today confirmed plans to sell part of its wireline telephone and internet business to Frontier Communications for $10 billion. The deal covers Verizon's consumer and business assets in California, Florida, and Texas.
AT&T and Pine Cellular Seek to Swap Spectrum Leases
AT&T and Pine Cellular have asked the FCC for permission to lease one another's spectrum. AT&T wants to snag a leased license in the Lower 700MHz B Block in parts of Arkansas from Pine.
C Spire Looking to Nab 700MHz Spectrum
C Spire Wireless is hoping to buy some Lower 700 MHz C Block spectrum from Waller Wireless. The companies recently filed the request with the FCC.
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 and Verizon Agree to Another Spectrum Swap
T-Mobile and Verizon Wireless have petitioned the FCC for permission to swap AWS and PCS spectrum licenses in 92 counties and/or 41 Cellular Market Areas around the country. The companies propose to switch spectrum licenses, but not cellular assets or customers.