Verizon Offers $1.5 Billion to Lease Clearwire Spectrum
Verizon Wireless has thrown its hat into the Sprint-Clearwire-Softbank-Dish mashup with an offer of its own. The company recently offered to lease portions of Clearwire's spectrum for $1.5 billion. The paperwork, which was filed with the Securities and Exchange Commission last week, only named the bidder as "Party J," but The Wall Street Journal says insiders peg the company as Verizon. In the filing, Clearwire said it would discuss the proposal with "Party J" and Sprint. Sprint is currently attempting to purchase the 49% of Clearwire that it does not already own. It's not clear why Sprint would allow Verizon to lease spectrum that it itself is attempting to gain control over. It's also unclear whether or not the federal government would allow such a deal to move forward. Last week, the Justice Department told the Federal Communications Commission that the agency needs to give smaller providers a better chance of competing with companies such as AT&T and Verizon Wireless.
Samsung Makes Deepsea Blue Note8 Available to U.S. Consumers
Samsung today said it will sell the Deepsea Blue color variant of the Galaxy Note8 smartphone in the U.S. Since launch, the device has only be available to U.S.
Sprint Offering Two-For-One Lease On Samsung Galaxy S8
Sprint today finalized its retail plans for the Samsung Galaxy S8 and there's good news for consumers. The company is offering a two-for-one lease deal on the S8 with a new line activation and one upgrade, or two new line activations.
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.
Masayoshi Son Would Consider Selling Sprint Spectrum
SoftBank CEO and Sprint Chairman Masayoshi Son indicated he'd be willing to sell some of the company's 2.5GHz spectrum assets to keep Sprint funded. Sprint gained a massive amount of 2.5GHz spectrum holdings when it purchased Clearwire.
Does Verizon really need morrre spectrum?!?!?
1700mhz AWS spectrum,... is that not sufficient???
And I'm sure someday spectrum their currently using for CRAP EVDO will be refarmed for LTE-A.
What does Verizon want with garbage 2.5GHz spectrum?