Verizon Wireless Snags Centennial Communications Assets
Verizon Wireless today announced that it has completed the acquisition of AT&T's Centennial Communications assets. The transaction, which was mandated by the Federal Communications Commission in order for AT&T to purchase Centennial Communications, gives Verizon Wireless Centennial’s spectrum licenses, network assets and more than 117,000 current customers in six service areas. The region includes Lafayette, Beauregard, Iberville and West Feliciana, La., and Claiborne and Copiah, Miss. Verizon Wireless said it will continue to use the Centennial brand for several months as it converts Centennial's GSM-based network to CDMA. It will roll out 3G on a market-by-market basis. Customers in those areas don't need to take any action, and Verizon Wireless will contact them with the proper details for switching phones when the network will be switched.
T-Mobile and Verizon Agree to Another Spectrum Swap
T-Mobile and Verizon Wireless have petitioned the FCC for permission to swap AWS and PCS spectrum licenses in 92 counties and/or 41 Cellular Market Areas around the country. The companies propose to switch spectrum licenses, but not cellular assets or customers.
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.
Verizon Picks Up XO's Fiber Network to Beef Up Backhaul
Verizon Communications today said it has agreed to acquire XO Communications' fiber business for $1.8 billion. The deal, says Verizon, will help it serve its enterprise and wholesale customers, as well as allow Verizon to further densify its cellular network.
Verizon Wireless CEO Dan Mead to Retire
Dan Mead, who has served as the CEO of Verizon Wireless since 2010, plans to retire according to filings the company made with the Securities and Exchange Commission. Mead will remain on the board of directors and serve as executive vice president and president of strategic initiatives.
AT&T and VZW are each others favorite trading partners when divestitures are required as a condition of "mergers". Curious...
Of course. Sprint has all the assets they want and T-mo is too broke to cons...