Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Verizon Offers To Sell Spectrum To Gain Approval of Cable Deals Verizon Offers To Sell Spectrum To Gain Approval of Cable Deals

This ad will end in seconds
Close X

Not a member? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation

 

Congress

Verizon Offers To Sell Spectrum To Gain Approval of Cable Deals

April 18, 2012

Hoping to gain approval of its bid to buy spectrum for a group of cable companies, Verizon announced on Wednesday that it would sell some spectrum it currently holds if the deals are approved.

Verizon wants the Federal Communications Commission to approve its purchase of 20 megahertz of spectrum from a joint venture that includes Comcast, Time Warner Cable and Bright House Networks, and from Cox Communications as part of a separate deal. Verizon and the cable firms also asked the Justice Department to approve a separate joint marketing agreement to sell each other's services. Verizon says it will use the cable firms' spectrum and additional airwaves it owns now to deploy next-generation 4G LTE (long term evolution) wireless service.

Verizon said Wednesday that if regulators approve the deals, it will sell the A and B licenses for unused spectrum in the 700 megahertz range, which the firm said covers "dozens" of major cities and rural areas including Chicago, Los Angeles, New York and Washington, D.C.

"Since wireless operators, large and small, have expressed concern about the availability of high-quality spectrum, we believe our 700 MHz licenses will be attractive to a wide range of buyers," Molly Feldman, Verizon Wireless vice president of business development, said in a statement. "Moreover, provided our acquisition of AWS spectrum is approved, our open sale process will ensure these A and B spectrum licenses are quickly and fairly made available for the benefit of other carriers and their customers."

Critics of the spectrum and marketing deals worry that the spectrum deals will decrease competition in the wireless market while the marketing deals will give the Verizon and the cable firms little incentive to compete vigorously against each other. They argue that Verizon's announcement Wednesday proves their claim that the firm is "hoarding" valuable spectrum.

"Verizon does not need cable's spectrum. Verizon already controls large swaths of unused beachfront airwaves that it could use to meet future demand," Free Press Research Director S. Derek Turner said in a statement. "Allowing Verizon to foreclose future wireless competition by gobbling up the valuable airwaves currently held by its cable competitors is clearly not in the public interest."

Job Board
Search Jobs
Transportation Planner
American Society of Civil Engineers | Salinas, CA
Biomedical Service Internship Position
American Society of Civil Engineers | Flint, MI
Fire Sprinkler Inspector
American Society of Civil Engineers | Charlotte, NC
Deputy Director of Transit Operations
American Society of Civil Engineers | San Jose, CA
Structural Engineer
American Society of Civil Engineers | New Haven, CT
Assessment and Remediation Team Lead
American Society of Civil Engineers | Regina, SK
Professional Development Program Engineer
American Society of Civil Engineers | Farmington Hills, MI
Assistant Professor - Water Resources/Ecological Engineering
American Society of Civil Engineers | Auburn, AL
Quality Systems Manager
American Society of Civil Engineers | Greensboro, NC
Rail Field Construction Inspector
American Society of Civil Engineers | Jacksonville, FL
Manager, Quality Assurance
American Society of Civil Engineers | Memphis, TN
Sr. Controls Systems Engineer
American Society of Civil Engineers | Grand Island, NE
Quality Engineer
American Society of Civil Engineers | Attica, IN
Civil Engineering
American Society of Civil Engineers | Steamboat Springs, CO
Commissioning Intern
American Society of Civil Engineers | Chicago, IL
Comments
comments powered by Disqus