Friday, December 2, 2011

Verizon Snaps Up More Spectrum in $3.6 Billion Sale

Verizon Snaps Up More Spectrum in $3.6 Billion Sale

This news may not mean a whole lot to many of you right now, but here it is anyway. Verizon has bought 122 Advanced Wireless Services (AWS) spectrum licenses from SpectrumCo., Inc., a joint venture between Time Warner Cable, Brighthouse and Comcast. Each party will be getting a cut of the sale based on their ownership of 31.2%, 63.6% and 5.3%, respectively. The companies also announced that they have entered into several agreements, providing for the sale of various products and services.

Android Phone

See also:
alldigits, Verizon Snaps Up More Spectrum in $3.6 Billion Sale

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.