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.
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.
Verizon Not Interested In Buying Dish
Verizon does not plan to purchase Dish Networks, according to CFO Fran Shammo. When asked by the Wall Street Journal, Shammo responded, "My answer is going to be one word: No." AT&T is near to closing its acquisition of Dish competitor DirecTV.
Verizon Says No Data Rollover Programs In Its Future
Verizon Wireless will not follow AT&T and T-Mobile's data rollover programs with one of its own. "We're a leader, not a follower," said Verizon CFO Fran Shammo.
Verizon's 1900 MHz Spectrum In NYC Now Entirely LTE
Verizon Wireless has completed refarming its 1900 MHz spectrum in the country's largest city, an effort first begun in 2014. The company recently converted the last remaining 10 MHz block from CDMA 3G to LTE 4G, which means Verizon is running LTE on 20 MHz of its Band 2 spectrum in New York City.