Hasta La Gadget!

After horse-trading with the FCC and DOJ to gain AWS spectrum from cable venture SpectrumCo in exchange for its 700MHz A and B bands, Verizon has found another taker: Clear Talk, who just signed an agreement to purchase 10 lower B-block licenses. That follows an agreement with Nortex in Texas along with Panhandle Telecom in Oklahoma, and will cover Clear Talk’s markets in Maryland, Texas, Georgia, Florida, Nevada and New Mexico. Big Red is evaluating other bids for its lower 700MHz licenses and is also leasing upper C-block frequencies to 20 operators in order “to jumpstart the delivery of 4G LTE in rural areas.” Verizon’s tat for that tit will be that it can wholesale its services to cable companies like Comcast and Time Warner, making it well worth the company’s while, we can imagine.

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Source: Verizon

Verizon received the Department of Justice’s blessing for its cable company spectrum purchase last week, and now it’s the FCC’s turn to rubber stamp the plan. The agency has followed Chairman Julius Genachowski’s recommendation and voted that Verizon can snap up the relevant AWS airspace as part of its LTE network expansion. Some riders are attached to the deal, although they’re not all weighty. Verizon has to make an “unprecedented divestiture” of spectrum to T-Mobile in addition to its swap with Leap, promise certain coverage levels in the newly acquired zones at 3- and 7-year milestones, guarantee some roaming deals and provide updates on how its DSL service adoption is impacted by all that 4G. That Verizon has 45 days to finalize the T-Mobile deal gives some idea of how quickly everything has to move, although it could be a long while before we see AWS-ready Verizon devices in the shops.

To no one’s surprise, advocacy groups are still upset: the Alliance for Broadband Competition believes the FCC decision “does not go far enough” to keep a level playing field, for example, and wants to voice its problems to the FCC. Anxiety still exists that just about any deal concentrates too much spectrum in the hands of Big Red. Still, there’s a sense among groups like these that Verizon has had to at least partially address worries over unfair competition.

Continue reading FCC approves Verizon deal to buy cable company spectrum, asks for concessions

Filed under: Cellphones, Wireless

FCC approves Verizon deal to buy cable company spectrum, asks for concessions originally appeared on Engadget on Thu, 23 Aug 2012 18:43:00 EDT. Please see our terms for use of feeds.

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