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Verizon to sell extra 700MHz spectrum to smaller operators

11/19, 4:21pm

Unused Verizon spectrum to go to rural, small operators

Verizon has signed a sale agreement with Panhandle Telecommunication Systems that will see the nation's largest wireless carrier selling off part of its unused wireless spectrum. The agreement, along with an earlier agreement with Nortex Communications, is part of an ongoing process in which Verizon will sell portions of the 700MHz spectrum following its clearance to buy spectrum from the cable companies. The Panhandle deal covers the Texas RSA 2-Hansford 700MHz lower B-block license, which spans 12 counties in the northwest part of Texas.

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