Verizon Finalizes Several 700MHz Spectrum Sales
Verizon Wireless today announced that it has completed a handful of spectrum license sales to small telecommunications companies that it first announced last year. According to Verizon, Colorado Valley Communications finalized its spectrum purchase January 16, while both Nortex Communications and Panhandle Telecommunications System completed their purchases this week. Verizon Wireless has been selling off slices of 700MHz A and B Block spectrum as part of an agreement it struck with the Federal Communications Commission in 2012 in order to purchase 122 AWS spectrum licenses from a consortium of cable companies. Verizon still has a number of small spectrum sales pending.
Verizon Fires Up AWS in Louisville
Verizon Wireless today launched LTE 4G service on its AWS spectrum holdings in Louisville, Ky. The company said it made an effort to get the additional spectrum online ahead of the Kentucky Derby, which will be run Saturday afternoon, and draws an average crowd of 155,000.
Verizon Sees No More Big Spectrum Grabs In Its Future
Verizon today said it doesn't believe it will need to make any more large spectrum acquisitions following the results of the recent AWS-3 spectrum auction. Verizon netted 181 spectrum licenses at a cost of $10.4 billion.
Verizon Brands Its Dual-Band LTE Markets as 'XLTE'
Verizon Wireless today announced the launch of XLTE service, which is a new way for the company to market its dual-band LTE network. Verizon Wireless initially deployed LTE in the 700MHz band.
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.
AT&T Looking to Score Plateau Wireless Spectrum
AT&T and Plateau Wireless have filed paperwork with the Federal Communications Commission seeking permission to transfer certain spectrum licenses held by Plateau to AT&T. AT&T hopes to gain 700MHz, 850MHz, and AWS spectrum covering select markets in New Mexico and Texas.
$9.4 billion spent on 700mhz licenses, just to sell a few?