Verizon Not Interested in Clearwire Spectrum
Verizon Wireless has rebuffed a Bloomberg report that it is participating in an auction to acquire spectrum from WiMax provider Clearwire. "We're not participating in the Clearwire auction," said Nancy Stark, a spokeswoman for Verizon Wireless. Bloomberg reported on Tuesday that Clearwire was in talks to sell some of its spectrum in a bid to raise the $5 billion it needs to continue operations. Bloomberg also reported that AT&T and Deustche Telekom are making bids for the spectrum.
Verizon: T-Mobile's Legere 'Is Simply Wrong'
Verizon Wireless fired back at T-Mobile CEO John Legere after he entreated Americans to ask the FCC for help. T-Mobile wants 40MHz of spectrum in the upcoming 600MHz spectrum auction to be set aside for smaller carriers.
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.
Incentive Auction Fails to Attract Big Spenders
The FCC's 600MHz incentive auction is proceeding slowly and may need to be reset. After 27 rounds of bidding, the total amount bid has reached only $23 billion, far short of the $88.4 billion clearing cost set during the reverse part of the auction earlier this year.
U.S. Cellular Likely to Sit Out 600MHz Spectrum Auction
U.S. Cellular CEO Ken Meyers said the company has an adequate supply of spectrum and therefore doesn't think it will be necessary to participate in the upcoming 600MHz auction.
Verizon is interested in all the customer who will be porting over
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It seems that verizon...
So Bloomberg decided to lie to everyone?
It's likely that all the had was a source saying Verizon, AT&T and T-mobile were invited to the classy me...