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Justice Dept. Eying Up Verizon's Spectrum Plans

Dec 20, 2011, 2:36 PM by Eric M. Zeman

The Department of Justice has confirmed it is examining Verizon Wireless's plans to purchase spectrum from several cable companies for antitrust reasons. Earlier this month, Verizon announced that it agreed to purchase 122 Advanced Wireless Services (AWS) spectrum licenses covering 259 million POPs for $3.6 billion from SpectrumCo. SpectrumCo is a joint venture between Comcast, Time Warner Cable, and Bright House Networks. The Justice Department will scrutinize Verizon's AWS plans to see if they violate antitrust issues and place too much power in the hands of a single company, according to a person familiar with the government's plans. The government is also going to look into the reseller agreements Verizon has with the cable companies in question.

Bloomberg »

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Comments

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This forum is closed.

Troll-Bait

Dec 20, 2011, 3:52 PM

NO WAY!

They should block the purchase!

Doing ANYTHING that would give you a competitive edge on the competition should be ILLEGAL!

WiWavelength

As you have to be instructed time and time again, Troll-Bait, wireless spectrum is public property. So, of course, we the people, through the DoJ and FCC, have a responsibility to scrutinize transactions involving licensed public spectrum. And we al...
(continues)

muchdrama

Troll-Bait said:
They should block the purchase!

Doing ANYTHING that would give you a competitive edge on the competition should be ILLEGAL!

Sarcasm aside--yeah, if it violates anti-trust laws, then sure, it shou...
(continues)

Mark_S

Dec 20, 2011, 4:24 PM

That's because.....

the Justice Dept. knows that AT&T would throw up as sh!!storm if they did not do that.

Fredd

The government is required to administer the law equitably. Many more than AT&T would object if they did otherwise.

...

mikkej2k

Dec 20, 2011, 4:03 PM

Whoa Verizion!

Government: I just finished with AT&T , now it's your turn!

Versed

Yes, we want VZW and AT&T to be successful just like Sprint!

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