AAPL Stock: 117.81 ( -0.22 )

Printed from

FCC demands more data from Verizon over spectrum swap

updated 07:55 pm EST, Thu March 8, 2012

Commission scrutinizes $3.9 billion deal

The Federal Communications Commission has reportedly demanded additional information from Verizon and several cable companies, as part of an ongoing investigation into an AWS spectrum licensing deal. The Commission just days ago was asked to scrutinize the proposal, in a letter authored by Verizon competitors T-Mobile and DirecTV, among others.

The deal would transfer wireless spectrum to Verizon from a number of cable companies, including Comcast and Time Warner. Terms of the transfer are said to include a $3.9 billion payout and an agreement over marketing collaboration.

The FCC is reportedly investigating the swap to determine if the deal may be anti-competitive, while the Justice Department is said to be also considering the potential impact from the marketing agreement.

Regulators have yet to make official statements in support of or opposition to the proposal. [via Wall Street Journal (sub. required)]

by MacNN Staff



Login Here

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


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented