Verizon Open to Parting with A Block Spectrum
Verizon would consider selling its unused 700MHz A Block spectrum at the right price, according to Verizon Communications CFO Fran Shammo. "The A spectrum is out there, and if someone walks up to me with an offer, we will entertain it," said Shammo in response to inquiries. "This is not a fire sale though, so if we don't get the right offer, we'll deploy the spectrum in our own network." T-Mobile has already approached Verizon about buying its A Block spectrum, reports Reuters, but talks are still in the early stages.