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

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News