Cox Mulling Spectrum and Asset Sale
Speaking to Bloomberg, Cox Communications President Pat Esser said that the company is considering a sale of its AWS wireless spectrum and 3G networking equipment. Esser said it would likely sell the spectrum and equipment to a top tier network operator, such as AT&T, Sprint, T-Mobile, or Verizon Wireless. Late last month, Cox decided to cease investing in and building out its own wireless network. It will instead re-sell Sprint's wireless devices and services. None of the major carriers offered comment on Esser's remarks.
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