Verizon Wireless Snaps Up Qwest Spectrum, Network
Jul 1, 2004, 5:42 PM by (staff)
Qwest and Verizon Wireless today announced an agreement for Verizon Wireless to purchase all of Qwest's current wireless network equipment and spectrum. The $418 million cash deal includes 62 major markets spanning 14 states. Qwest will keep its customers, and continue to offer wireless service via Sprint's network. The deal will allow Verizon to offer service for the first time in Rochester and St. Cloud, MN; Lincoln, NE; and Longview, WA. In the remaining areas, the assets will be used to enhance existing service and add capacity. The transaction is expected to close in the fourth quarter of this year or early 2005.
Verizon Brands Its Dual-Band LTE Markets as 'XLTE'
Verizon Wireless today announced the launch of XLTE service, which is a new way for the company to market its dual-band LTE network. Verizon Wireless initially deployed LTE in the 700MHz band.
Verizon and T-Mobile Agree to $173M Spectrum Swap
Verizon Wireless and T-Mobile have agreed to exchange AWS-1 and PCS spectrum in dozens of markets around the country in a deal valued at $173 million. The spectrum in question covers portions of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, and Virginia.
Verizon Finalizes Purchase of Golden State Cellular
Verizon Wireless today said it has completed its purchase of Golden State Cellular. The sale includes spectrum licenses and operating assets covering about 160,000 POPs across 6,000 square miles in Yosemite National Park, as well as Amador, Alpine, Calaveras, Tuolumne, and Mariposa counties.
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.
The shape of things to come?
I think its going to end being verizon vs. cingular vs. nextel/sprint.
Sprint and nextel MUST develop some sort of partnership to use the MMDS spectrum which they share. Both are investigating flarion for tha...
Someone stop me when I'm wrong but it seems as though Verizon is buying up Qwest like Cingular did with ATTWS. With both Quest and AWS using the Sprint Network. So if my crystal ball is correct (which it seldom is) The Mar