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.
LG G7 ThinQ Goes On Sale Today for $749
Sales of the LG G7 ThinQ phone kicked off in the U.S. today.
AT&T Says It Won't Sell the LG G7 ThinQ, But It Has an LG Exclusive On Deck
AT&T does not plan to sell LG's new flagship phone, the G7 ThinQ, according to The Verge. Instead, the company plans to offer an exclusive phone from LG later this summer.
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.
LG Kicks Off Sales of G7 ThinQ Phone, But US Pricing Remains Elusive
LG today said it has commenced sales of its flagship G7 ThinQ phone in its home market of South Korea. The G7 ThinQ, announced earlier this month, is a premium metal-and-glass phone with a super bright 6.1-inch screen, Snapdragon 845 processor, AI-assisted dual rear cameras, BoomBox speaker, and Android 8 Oreo.
Justice Dept. Suggests FCC Limit AT&T, Verizon Auction Participation
Officials at the Justice Department are concerned AT&T and Verizon will dominate the upcoming 600MHz auction if more protections aren't put in place by the FCC. The agency filed a letter with the FCC this week suggesting the FCC give more weight to the concerns of companies such as Sprint and T-Mobile, which seek to limit AT&T and Verizon's participation.
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?