Verizon Sells Off More 700MHz Spectrum in Texas
Verizon Wireless today announced another small spectrum divestiture. La Grange, Texas-based Colorado Valley Communications has agree to buy a portion of Verizon's Lower A Block 700MHz spectrum in five Texas counties. The license covers approximately 126,000 POPs in Fayette, Austin, Colorado, Lavaca, and Washington Counties. Verizon did not say how much Colorado Valley Communications is paying for the spectrum license. The deal is subject to regulatory approval. Verizon agreed earlier this year to sell some of its 700MHz spectrum after the Federal Communications Commission gave it permission to purchase 122 AWS spectrum licences from a consortium of cable companies.