Verizon to Sell Stock to Pay for 700MHz Winnings
WRONG info
VZW is in debt?
In many cases, debt is preferable to using on hand cash which can be used to invest in other area...
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This should be interesting
I didn't realize the spectrum cost so much for them. Considering its going to be there for anyone to use, maybe it wasn't a great idea after all to bid?
Still, with whiteboxes failing the FCC, and the timegap on when this spectrum can actually be used, it may be well into next year before we see anything in the retail market.
Verizon went all in.