Senate Looks Askance at Verizon's Spectrum Dealings
Feb 1, 2012, 3:30 PM by Eric M. Zeman
A U.S. Senate spokesperson has confirmed that an antitrust panel is going to hold a hearing to discuss Verizon's planned spectrum purchases. Verizon Wireless currently has three spectrum deals on the table with Leap Wireless, Cox, and SpectrumCo that will significantly bolster its AWS and 700MHz holdings. "The subcommittee carefully examines questions about competition in the wireless and video markets, with the ultimate goal of protecting consumers and reducing their cable and cellphone bills, and these deals are no exception," said Senator Herb Kohl in a statement. The hearing will likely take place in March.
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