The Federal Communications Commission just gave the final approval for Verizon Wireless to purchase the biggest hunk of spectrum outside of a full company merger in U.S. history. So what's it all mean?
In December, Verizon proposed buying 20 MHz of wireless spectrum from a consortium of cable operators known as SpectrumCo, which included Comcast, Time Warner Cable, and Bright House Communications. It also struck a separate but similar deal to buy spectrum from cable operator Cox Communications.
The deal was controversial for two main reasons. First, it would have allowed Verizon to effectively double its spectrum holdings … Read more