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US DoJ insists on amendments to Verizon spectrum deal - telecoms.com
Verizon is buying unused spectrum holdings from the four largest US cable operators The US Department of Justice has given qualified approval to US operator Verizon’s plan to purchase wireless spectrum holdings from the four largest US cable operators, Comcast, Time Warner Cable, Bright House Networks and Cox Communications. But agreements between Verizon and the cable operators to offer one another’s services must change, the DoJ said, because the plan as hatched “would have harmed competition by diminishing the companies’ incentive to compete.” Verizon is set to spend around $3.6bn...
Published By: telecoms.com - Friday, 17 August, 2012