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Senate Looks Askance at Verizon's Spectrum Dealings

Feb 1, 2012, 3:30 PM by Eric M. Zeman

A U.S. Senate spokesperson has confirmed that an antitrust panel is going to hold a hearing to discuss Verizon's planned spectrum purchases. Verizon Wireless currently has three spectrum deals on the table with Leap Wireless, Cox, and SpectrumCo that will significantly bolster its AWS and 700MHz holdings. "The subcommittee carefully examines questions about competition in the wireless and video markets, with the ultimate goal of protecting consumers and reducing their cable and cellphone bills, and these deals are no exception," said Senator Herb Kohl in a statement. The hearing will likely take place in March.

Reuters »

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Jarahawk

Feb 1, 2012, 5:59 PM

Why?

Why does Verizon need AWS spectrum?

SublimeDavid

bc by buying the aws spectrum they effectively stop tmobile from buying it and rolling out LTE, this was delibertly done to stop competition from T-Mobile when it became clear that the ATT deal would fall apart.

...

cellkrazedude

So in larger cities when the 700MhZ spectrum gets full, people can fall back to the AWS spectrum for LTE. This will be handy when Verizon launches Voice on LTE.

...

snarky30

Feb 1, 2012, 7:35 PM

Nice vocabulary

'Round of applause for using the word "askance".

Jayshmay

I wondered about that too!

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