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.
AT&T Seeking 700MHz Spectrum from Peoples Wireless
AT&T has asked the FCC for permission to purchase two Lower 700 MHz C Block licenses from Peoples Wireless in Texas. If granted, AT&T would hold 24 MHz of contiguous, paired Lower 700 MHz spectrum in the two cellular market areas in question.
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.
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 Might Skip 600MHz Incentive Auction
Verizon Wireless said it is comfortable with its spectrum holdings at the moment and may not bid in next year's auction for 600MHz airwaves. Verizon is only using 40% of its licensed spectrum for LTE, which gives it plenty of room to add capacity.