Verizon to Sell Spectrum Holdings to Prepare for AWS License Purchases

NEWS ANALYSIS: Verizon says it will sell significant portions of its current 700MHz spectrum in an attempt to "rationalize" its spectrum holdings. These sales will be a prelude to buying Advanced Wireless Service spectrum from a group of cable companies. - Verizon
Wireless is planning to auction off its 700MHz A and B licenses, the mobile
communications company
announced on April 18.
The
company currently operates its Long-Term Evolution (LTE) data service on 700MHz
block C spectrum. According to Philip Junker, executive director of business dev...

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