Verizon selling 700MHz spectrum, but only if government approves its AWS purchase
Seems odd that Verizon would decide to sell off some of it’s wireless spectrum considering it told the FCC that it doesn’t have enough space for its future LTE needs. Yet Big Red’s doing just that, pledging to pawn off its 700MHz A and B licenses should its purchase of AWS spectrum from a contingent of cable companies be approved by the FCC and DOJ. Why would Verizon do such a thing? It appears that the 700MHz upper C band (where VZW’s LTE service currently resides) combined with the new AWS licenses will provide Big Red the bandwidth it needs. Plus, selling off some of its other spectrum will surely grease the wheels with the governmental powers that be, and perhaps even assuage Verizon’s competition arrayed against its AWS acquisition. Of course, the A and B licenses being offered for sale don’t blanket the nation, but they do cover quite a few large metropolitan markets. Check out the full list after the break.
[Tower photo via Shutterstock]