Printed from http://www.electronista.com

FCC demands more data from Verizon over spectrum swap

updated 07:55 pm EST, Thu March 8, 2012

Commission scrutinizes $3.9 billion deal

The Federal Communications Commission has reportedly demanded additional information from Verizon and several cable companies, as part of an ongoing investigation into an AWS spectrum licensing deal. The Commission just days ago was asked to scrutinize the proposal, in a letter authored by Verizon competitors T-Mobile and DirecTV, among others.

The deal would transfer wireless spectrum to Verizon from a number of cable companies, including Comcast and Time Warner. Terms of the transfer are said to include a $3.9 billion payout and an agreement over marketing collaboration.

The FCC is reportedly investigating the swap to determine if the deal may be anti-competitive, while the Justice Department is said to be also considering the potential impact from the marketing agreement.

Regulators have yet to make official statements in support of or opposition to the proposal. [via Wall Street Journal (sub. required)]



By Electronista Staff
toggle

Comments

Login Here

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

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Patriot Supersonic Rage XT 128GB USB drive

USB thumb drives are getting larger by the day, their growth speeding along with the availability and expansion of memory chips. But h ...

Crucial MX100 256GB SATA-3 SSD

While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

Sponsor

toggle

Most Commented

 
toggle

Popular News