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Sunday, December 4, 2011

postheadericon Verizon Gobbles Up Cable Companies' Wireless Spectrum For $3.6 Billion

wireless spectrum: this is the power of mobile communications and wireless service providers have an insatiable appetite for more, more, more of the same. The need for a broader spectrum is the reason why Sprint remains Clearwire rescue financial hot water, and why AT & T pushing hard for a merger with T-Mobile. Verizon was the only large enough that did not participate in the larger spectrum of supply-side this year - so far, what it is. Today, Verizon announced that it has entered into a $ 3.6 billion to devour 122 spectrum licenses in three major cable companies.


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