We're giving away 10 HTC One (M8) harman/kardon edition phones for Sprint! Enter now!
Phone Scoop

printed October 2, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=11842&su=

Home  ›  News  ›

Verizon Selling More 700MHz Airwaves to AT&T

Article Comments  42  

Jan 25, 2013, 10:43 AM   by Eric M. Zeman
updated Jan 25, 2013, 11:06 AM

Updated: typo

Verizon Wireless today announced that it has struck new agreements to sell off portions of its 700MHz spectrum holdings to various companies. First, Verizon will sell 39 lower 700MHz B Block licenses to AT&T for $1.9 billion. As part of the agreement, AT&T will also give Verizon 10MHz blocks of AWS spectrum in Los Angeles and Fresno, Calif., Phoenix, Ariz., and Portland, Ore. Second, Verizon will sell lower 700MHz B Block licenses covering Charlotte, Greensboro, and Raleigh-Durham, N.C., to Grain Management for $189 million. Grain Management is a private equity firm based in Sarasota, Fla. Verizon will lease a single AWS license from Grain Management that covers Dallas, Texas. The transactions require regulatory approval before they can be completed. Verizon agreed last year to sell some of its 700MHz spectrum after the Federal Communications Commission gave it permission to purchase AWS spectrum licences from a consortium of cable companies.

more info at Verizon Wireless »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
The Cartel Continues........ Slammer Jan 25, 2013, 12:25 PM
Which demonstrates... Jarahawk Jan 25, 2013, 12:57 PM
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1