WSJ: Verizon to get green light from regulators on spectrum deal
not to act under the joint marketing agreement in areas where they compete for internet, cable and phone customers.
The transaction was proposed in December and involved the purchase of the spectrum from the cable companies who had originally purchased it in an attempt to compete against the mobile operators. The firms involved included Spectrum Co. (a joint venture made up of Comcast, Time Warner Cable and Bright House Networks), Cox and Leap Wireless.
Verizon was so anxious to get the deal with the cable companies done that it sold its 700MHz A and B licenses to make sure that the regulators would sign off on it.
source: WSJ via Reuters