Verizon snatches up some remains of Cox Wireless

As we reported last month, Cox called it quits on its wireless service, stopping sales in November and bowing out completely in March 2012. This abandonment has left an AWS spectrum up for grabs.

Verizon Wireless has just solidified a deal to obtain Cox’s 20 MHz Advanced Wireless Services (AWS) spectrum licenses for a cool $315 million. Currently, this deal only pertains to the 20 MHz licenses, as Cox is retaining the licenses for its 700 MHz spectrum.

On a side note, Cox and Verizon Wireless have also entered a deal to begin selling each other’s products and services. Cox is also in talks to enter into the joint venture between Verizon Wireless, Comcast, Time Warner Cable, and Bright House Networks to improve wireline integration and wireless products and services.

President of Cox Communications, Pat Esser, said of today’s announcements, “These agreements provide Cox customers with key enablers to mobility, such as access to Verizon Wireless' 4G LTE network and iconic wireless devices. We look forward to the many benefits this will bring to customers.”

source: Cox Communications via The Verge