For those looking for a device strictly for reading, the new Kobo is a nice little option. It's small enough to slip into a pocket, can do more with a PDF than the competition, and at $129, it's $10 cheaper than both the Nook and Kindle WiFi.
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Verizon does own 1700Mhz spectrum licenses just so everyone is on the same page. See http://www.phonescoop.com/articles/article.php?a=99 if you want a more in depth look at the AWS (1700Mhz) holdings.