Verizon Wireless faces one last regulatory hurdle in its bid to buy cable spectrum in a deal valued at $3.9 billion: the Federal Communications Commission.
Earlier this week, Verizon and the cable companies involved in the deal won approval from the Department of Justice. But the approval didn't come without strings. Verizon and the cable companies were required to scale back certain parts of their commercial agreements in an effort to satisfy anticompetitive concerns that the DOJ and the FCC had with the deal.
Verizon has also already agreed to sell some spectrum to competitor T-Mobile USA in … Read more