Verizon Wireless' move to buy 20MHz of AWS wireless spectrum from cable operators has caused a seismic shift in the wireless industry.
The deal announced today will give Verizon access to spectrum licenses that cover about 259 million potential customers. The company plans to pay the cable consortium SpectrumCo--which consists of Comcast, Time Warner, and Bright House Networks--$3.6 billion for the spectrum licenses.
In a market where wireless operators are all jockeying for more spectrum resources, Verizon has scored a major win by taking a huge swath of unused spectrum for itself. Spectrum is the lifeblood of the … Read more