Alliance for Broadband Competition statement on Verizon sale of lower MHz holdings

May 23, 2012

1 Min Read

WASHINGTON, D.C. -- The Alliance for Broadband Competition today issued the following statement upon reviewing Verizon's response to the FCC's request for additional information on Verizon Wireless' announcement of an open sale.

"Despite its effort to cast itself as a good steward of its spectrum, Verizon's math simply doesn't add up. In the letter, Verizon fails to mention that the spectrum licenses it seeks to purchase from the cable companies cover the entire nation, while the lower MHz holdings provide only incomplete coverage. The spectrum Verizon is so willing to offload requires costly upgrades by 2013. The spectrum from the cable companies does not. The FCC must consider these transactions accordingly, which is to comprehensively assess their impact on the entire mobile industry, and not simply facilitate horse trading between the Twin Bells."

Verizon Wireless

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