ie8 fix

spectrum co

What $3.9 billion Verizon/cable spectrum deal means to you (FAQ)

The Federal Communications Commission just gave the final approval for Verizon Wireless to purchase the biggest hunk of spectrum outside of a full company merger in U.S. history. So what's it all mean?

In December, Verizon proposed buying 20 MHz of wireless spectrum from a consortium of cable operators known as SpectrumCo, which included Comcast, Time Warner Cable, and Bright House Communications. It also struck a separate but similar deal to buy spectrum from cable operator Cox Communications.

The deal was controversial for two main reasons. First, it would have allowed Verizon to effectively double its spectrum holdings … Read more

Verizon wins FCC approval for spectrum deals -- with caveats

The Federal Communications Commission has approved four separate deals that will transfer wireless spectrum to Verizon Wireless, including the $3.9 billion deal between Verizon and a group of cable operators.

The approved deals will allow Verizon to get nearly 20 megahertz of Advanced Wireless Service spectrum from SpectrumCo, a joint venture that includes cable operators Comcast, Time Warner Cable, and BrightHouse, as well as AWS spectrum from cable operator Cox Communications.

The agency also gave the green light to transfer spectrum licenses from prepaid provider Leap Wireless. In addition, it OK'd the transfer of wireless spectrum licenses between … Read more

Regulators OK Verizon's $3.9B bid to buy cable spectrum

Verizon Wireless and a consortium of cable operators, which includes Comcast, Time Warner Cable, and Bright House Communications, today won approval from U.S. regulators to go through with their $3.9 billion deal to exchange wireless spectrum.

The Department of Justice announced it has negotiated a settlement with Verizon Wireless and the cable companies. And FCC Chairman Julius Genachowski said he supports the deal and will recommend approval with certain conditions in place. The full FCC has yet to vote on the deal. Once that's completed, the sale of the spectrum will be allowed to proceed.

Genachowski said … Read more

Verizon and cable make concessions to close $3.9B deal

Verizon and a consortium of cable companies have struck a deal with regulators to scale back their joint marketing arrangement to gain approval for their $3.9 billion wireless-spectrum deal, according to sources in a Wall Street Journal report.

Verizon and the cable consortium -- which includes Comcast, Time Warner Cable, and Bright House Communications -- have supposedly agreed to terms put forth by the Department of Justice that will limit the joint marketing agreement to five years and will prevent Verizon and cable operators from reselling each other's services in markets where their broadband, television, and phone services … Read more

Is the DOJ holding up Verizon's $3.9B cable-spectrum deal?

The U.S. Justice Department is holding up Verizon Wireless's $3.9 billion bid to buy wireless spectrum from a consortium of cable operators, the Wall Street Journal reported Friday.

The Federal Communications Commission, which also has to sign off on the deal, is ready to approve the deal, sources have said. Verizon announced in December that it planned to buy about 20 MHz of Advanced Wireless Services wireless spectrum from a group of cable companies that includes Comcast, Time Warner Cable, Cox Communications and Bright House.

The deal is the largest spectrum transfer the FCC has ever considered … Read more

Why the Verizon and T-Mobile spectrum deal could still fall apart

Verizon Wireless and T-Mobile USA are touting their spectrum swap deal announced Monday as a win-win for both companies. But concern over antitrust issues in Verizon's co-marketing deal with cable companies could threaten the outcome.

On Monday, Verizon Wireless announced a plan to swap Advanced Wireless Services spectrum with T-Mobile USA in a deal that will likely help Verizon win approval from regulators to complete its $3.9 billion acquisition of spectrum from cable operators. Regulators are likely to approve of the plan, since it alleviates concerns that Verizon will have too much spectrum in certain markets, and that … Read more

Verizon exec criticizes FCC's handling of SpectrumCo deal

DALLAS--A top Verizon executive urged regulators here Thursday to get out of the way so that wireless operators can more easily buy and sell wireless spectrum on the secondary market.

During a speech today at the Telecommunications Industry Association trade show, Verizon Chief Technology Officer Tony Melone said that the Federal Communications Commission should make it easier for companies to buy and sell wireless spectrum licenses that they've bought in government auctions.

His sentiments echoed comments made by AT&T's CEO Randall Stephenson who spoke at the conference here on yesterday.

Melone said the FCC needs to … Read more

Verizon likely to divest wireless spectrum to get cable deal OK

Verizon Wireless' $3.6 billion bid to buy unused wireless spectrum from cable companies is likely to get regulatory approval. But Verizon may have to give up some of its wireless spectrum to satisfy regulators, say analysts and insiders close to the deal.

Analysts covering the market say it's almost a near certainty that the Federal Communications Commission will approve the deal, which Verizon and a coalition of cable companies owning wireless spectrum proposed late last year. Comcast, Time Warner Cable, and Bright House Networks, which are all part of Spectrum Co. plus Cox Communications, want to sell nearly … Read more

Verizon plans spectrum sale to win approval for cable deal

Verizon Wireless is planning to auction off some of its wireless spectrum in the hopes of winning favor with regulators to buy a chunk of spectrum from cable operators.

Verizon has been facing opposition from several smaller wireless carriers for a deal it proposed last year to buy unused spectrum from a group of cable operators called Spectrum Co. that includes Comcast and Time Warner Cable.

Verizon said in a statement today that if it's given approval to buy the cable operators' spectrum it will sell some of its own spectrum in the A and B block of the … Read more

Verizon's $3.6 billion spectrum deal: Who wins and who loses?

Verizon Wireless' move to buy 20MHz of AWS wireless spectrum from cable operators has caused a seismic shift in the wireless industry.

The deal announced today will give Verizon access to spectrum licenses that cover about 259 million potential customers. The company plans to pay the cable consortium SpectrumCo--which consists of Comcast, Time Warner, and Bright House Networks--$3.6 billion for the spectrum licenses.

In a market where wireless operators are all jockeying for more spectrum resources, Verizon has scored a major win by taking a huge swath of unused spectrum for itself. Spectrum is the lifeblood of the … Read more