toggle

AAPL Stock: 114.64 ( -3.8 )

Printed from http://www.macnn.com

Verizon, Cricket agree on swapping spectrum for LTE

updated 05:10 pm EST, Wed November 30, 2011

Exchange gives Cricket LTE access to Chicago

Verizon and Leap, the owner of Cricket, have asked the FCC to approve an exchange of LTE and EVDO spectrum. Once completed, the deal would let Leap offer LTE service in Chicago. Verizon, in return would get locations that service areas including Spokane, Seattle, Minneapolis, and Fresno.

In all, Verizon would get spectrum in 41 markets representing 18.7 million potentially reachable users. In the filing, Verizon claimed that the spectrum it currently owns will not be sufficient "to meet the accelerating demand for more network capacity," adding that the proposed swap is "necessary" to complement the spectrum Verizon currently uses for LTE and EVDO.

Leap will get a 12MHz block of the 700MHz license covering Chicago. Leap currently owns 10MHz of spectrum there and will use the additional spectrum to launch LTE services.

Leap will also pay Verizon an unspecified sum of money for the Chicago spectrum. Verizon bought the right to use the wavelengths at auction for $152 million when the FCC auctioned off the 700MHz frequency in 2008. [via FierceWireless]




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

HP 14-x030nr 14-inch Chromebook

If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

toggle

Most Commented