Verizon Asks FCC to Use Spectrum Screen in Sprint Review
Verizon Wireless has filed paperwork with the Federal Communications Commission requesting that it use its spectrum screen when considering Sprint's proposed acquisition of Clearwire. When reviewing spectrum sales, the FCC looks at each market affected by the transaction and weighs whether or not the transaction will give the purchasing entity too much spectrum in that market. It usually only looks at transactions concerning spectrum below 1.0GHz. As part of its acquisition of Clearwire, Sprint will gain control over its vast 2.5GHz spectrum holdings. Sprint believes the spectrum in question doesn't require the FCC to use its spectrum screen, but Verizon disagrees. The FCC has not yet weighed in on the matter.