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 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.
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.
AT&T Taps East Kentucky Network for 700MHz Licenses
AT&T has filed paperwork with the FCC hoping to gain permission to purchase three Lower 700MHz C Block licenses from East Kentucky Network. The licenses in question cover 20 counties in three Cellular Market Areas across regions of Kentucky, Ohio, and West Virginia.
T-Mobile Seeking mmWave Spectrum In Ohio for 5G
T-Mobile has agreed to purchase mmWave spectrum in Ohio that it has earmarked for 5G. Specifically, it is looking at 1150 MHz of LMDS spectrum.
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.
$9.4 billion spent on 700mhz licenses, just to sell a few?