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 MHz 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 greenlight to transfer spectrum licenses from prepaid provider Leap Wireless. And the agency approved the transfer of wireless spectrum licenses between Verizon and competitor T-Mobile USA.
The agency has put some conditions on the approval for the license transfers that includes roaming requirements on all AWS spectrum involved in the transfer as well as a requirement to report to the FCC the state of DSL broadband competition.
The FCC's approval of these deals was all but certain after the Department of Justice last week approved Verizon's $3.9 billion bid to buy SpectrumCo wireless spectrum. The deal was seen as controversial from an antitrust standpoint because it also includes several commercial arrangements, including provisions that will allow Verizon and cable companies to resell each others' services. The DOJ also approved the deal, but it also included some restrictions.
In December, Verizon and the SpectrumCo cable oper... [Read more]
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