Verizon selling 700MHz spectrum if AWS deal goes through

Verizon selling 700MHz spectrum if AWS deal goes through
Verizon’s 4G LTE network is up and running for over a year now, and one thing that would make it even better is more spectrum in the carrier’s disposal. So why is Verizon Wireless then selling spectrum in its 700MHz bands? The reason, of course, is that the sale might be a trade-off allowing the carrier to grab some precious space in the AWS frequencies.

Verizon has inked a deal with SpectrumCo, a JV of cable companies that agreed to sell Big Red AWS spectrum. The agreement however came under fire from other carriers like T-Mobile, and the Government’s Department of Justice started to look into the deal. By promising to sell its 700MHz A and B licenses, Verizon might hit the right balance and appease officials, calming down their anti-competitive concerns.
Plus, the existing 700MHz C licenses that Verizon owns along with the soon-to-be-acquired AWS bands, should be enough for the carrier to deploy its massive LTE plans. Still, the A and B licenses cover some major metro areas. Check out the press release below to see which ones exactly, and how could this affect the LTE deployment at Big Red.

source: Verizon Wireless


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