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AT&T to be cleared for Verizon spectrum deal by the FCC

Posted: , by Daniel P.

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AT&T to be cleared for Verizon spectrum deal by the FCC
AT&T's spokesman, Mark Siegel, has been busy lately explaining all kinds of blunders. This time however, he didn't have to blush for the reporters, but announced that AT&T is close to signing off on the $2.35 billion deal for Verizon's rural spectrum by month's end as planned.

The Federal Communications Commission chairman has been cited to ask four other members to approve the deal, which will be voted on in the coming weeks. The rural spectrum was property of Verizon, but had to be put on the market in order for the carrier to win regulatory approval for its own Alltel buyout.

source: Reuters

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1. Kblakeshot posted on 20 Oct 2010, 01:47

Yes, more proof of a Verizon iPhone.... haha totally joking, but I knew someone would take it there.

2. wade1968 posted on 18 Jun 2010, 19:54

great so now the data hogs will be on verizon bands to suck the life out of verizon and cause more problems. who's dumb greedy idea was this?

3. rwolf1984 posted on 20 Jun 2010, 07:39

Nice, Nice...This is great. Hopefully this will help AT&T further build out their network and improve coverage and data services in rural areas...

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