Printed from http://www.electronista.com

Verizon AWS spectrum buy now under the eye of the Senate

updated 04:25 pm EST, Wed February 1, 2012

Senate to hold hearing on Verizon spectrum buy

Verizon's $3.6 billion purchase of AWS spectrum is now also attracting the attention of the Senate Judiciary Committee's antitrust subcommittee. A hearing will likely occur sometime in March, a staffer revealed, though who will be called to testify hasn't yet been shared. Rivals, such as Sprint, are calling for other elements of the contract to be scrutinized due to fears that the deal will result in an unfair advantage for Verizon.

Verizon has also made a similar deal with Cox Communications, though it's worth a much less significant $315 million.

The Senate subcommittee aims to protect customers and will look into whether the deals will hurt competition in the mobile video market.

Verizon, along with AT&T, argue that they need more wireless spectrum in order to ensure it was enough bandwidth to service its subscribers, who are increasing the amount of data they are using over their wireless network.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Adesso Xtream S3B Bluetooth speaker

Finding a speaker purpose-built for a specific need is challenging. Even when a Bluetooth speaker can be paired with a mobile device, ...

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News