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Clear Talk latest beneficiary of Verizon's 700MHz spectrum fire sale
After horse-trading with the FCC and DOJ to gain AWS spectrum from cable venture SpectrumCo in exchange for its 700MHz A and B bands, Verizon has found another taker: Clear Talk, who just signed an agreement to purchase 10 lower B-block licenses. That follows an agreement with Nortex in Texas along with Panhandle Telecom in Oklahoma, and will cover Clear Talk's markets in Maryland, Texas, Georgia, Florida, Nevada and New Mexico. Big Red is evaluating other bids for its lower 700MHz licenses and is also leasing upper C-block frequencies to 20 operators in order "to jumpstart the delivery of 4G LTE in rural areas." Verizon's tat for that tit will be that it can wholesale its services to cable companies like Comcast and Time Warner, making it well worth the company's while, we can imagine.
Verizon and Leap Wireless announce $120 million spectrum swap in wake of FCC approval
Go ahead and put a bow on it, as Verizon Wireless and Leap Wireless (the parent company of Cricket), have announced a successful spectrum swap. The agreement follows the recent stamp of approval from the FCC, which was issued as part of a larger deal between Verizon Wireless, SpectrumCo and Cox. For its part, Leap will divest itself of excess AWS and PCS spectrum across the US; in exchange, Verizon will pay $120 million to Leap and provide it with 12MHz of A Block 700MHz spectrum in Chicago. Leap will use the new holdings to supplement its existing 10MHz of the A Block within the Windy City, and will use the cash to build up its LTE infrastructure across the US. The company currently expects to provide LTE coverage to at least two-thirds of Cricket's current footprint over the next three years -- or, maybe sooner. Just check the PR to watch the company waffle.
FCC approves Verizon deal to buy cable company spectrum, asks for concessions
Verizon received the Department of Justice's blessing for its cable company spectrum purchase last week, and now it's the FCC's turn to rubber stamp the plan. The agency has followed Chairman Julius Genachowski's recommendation and voted that Verizon can snap up the relevant AWS airspace as part of its LTE network expansion. Some riders are attached to the deal, although they're not all weighty. Verizon has to make an "unprecedented divestiture" of spectrum to T-Mobile in addition to its swap with Leap, promise certain coverage levels in the newly acquired zones at 3- and 7-year milestones, guarantee some roaming deals and provide updates on how its DSL service adoption is impacted by all that 4G. That Verizon has 45 days to finalize the T-Mobile deal gives some idea of how quickly everything has to move, although it could be a long while before we see AWS-ready Verizon devices in the shops. To no one's surprise, advocacy groups are still upset: the Alliance for Broadband Competition believes the FCC decision "does not go far enough" to keep a level playing field, for example, and wants to voice its problems to the FCC. Anxiety still exists that just about any deal concentrates too much spectrum in the hands of Big Red. Still, there's a sense among groups like these that Verizon has had to at least partially address worries over unfair competition.
T-Mobile urges the FCC to approve Verizon's spectrum deal
It's strange to see another network provider stepping up to the plate for Verizon, but some of T-Mobile's big hitters have visited the FCC to do just that. The company wants Verizon's acquisition of AWS spectrum licenses from SpectrumCo, Cox and Leap to be pushed through as quickly as possible, and its motives are pretty obvious: it comes just a month after the companies agreed to some friendly bandwidth-sharing once the deal's done. T-Mobile has also challenged comments from the Rural Telecommunications Group (RTG), which argues that Verizon's acquisition will hurt competition. Oh, how things have changed since T-Mobile was battling in completely the opposite direction.
T-Mobile, Verizon ink spectrum deal, eagerly await regulatory approval
Who says wireless carriers can't be friends -- or, at the very least, can't exchange a bit of spectrum here and there? T-Mobile this morning let it be known that it has entered into a deal involving the "purchase and exchange" of spectrum licenses in 218 markets in the US. The magenta-tinged carrier says the deal will help improve its position in 15 of the US's top 25 markets and should help with next year's LTE rollout. All of this is pending regulatory approval, of course, some of which hinges upon Verizon's own license purchasing from the likes of SpectrumCo, Cox and Leap. A full press release can be found after the break.
Mobile Miscellany: week of June 11th, 2012
Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, Cricket found a new retail channel at Kmart and we received news that the HTC One S will soon arrive at Cincinnati Bell. These stories and more await after the break. So buy the ticket and take the ride as we explore the "best of the rest" for this week of June 11th, 2012.
Mobile Miscellany: week of May 21st, 2012
Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, it was revealed that the HTC EVO 4G LTE likely supports simultaneous voice and data connections on Sprint's network, Samsung's Galaxy Ace 2 landed at Three in the UK and Vertu revealed a refresh to its Constellation series of luxury phones. These stories and more await after the break. So buy the ticket and take the ride as we explore the "best of the rest" for this week of May 21st, 2012.
Alliance for Broadband Competition forms to sway opinion against Verizon's AWS acquisition
The effort to prevent Verizon Wireless from its purchase of AWS licenses from SpectrumCo and Cox just became a bit more intense, as several opponents to the deal have now banded together to form the Alliance for Broadband Competition. The coalition includes T-Mobile and Sprint, along with advocacy groups such as Public Knowledge, the American Antitrust Institute, the Rural Cellular Association and the Rural Telecommunications Group. Today, the newly formed alliance held a press conference in which it called on the FCC and Department of Justice to block the transfer, which it said would lead to an "excessive concentration of spectrum" held by Verizon Wireless. While it's not much of an olive branch, the group similarly suggested that it would support the deal if Verizon were to divest some of its spectrum holdings, establish roaming agreements and agree to a backhaul pricing structure. As you may recall, Verizon Wireless estimates that it'll exhaust its network capacity by 2014. Regardless of how this $3.9 billion proposal shakes out, it's rather clear that something's gotta give.
Verizon's CEO has a plan for wireless pay-TV, if the government will allow it
Verizon CEO Lowell C. McAdam doesn't quite have all of those SpectrumCo AWS licenses in his pocket just yet, but if he does get them he has a decidedly old school idea of what to flood the airwaves with: TV. The Wall Street Journal quotes him saying Verizon and its new cable friends could have "the beginnings of an integrated offering" out by the holidays, so pay-TV customers could watch video on their mobile devices. Even though many of the TV services are already streaming video to tablets, PCs and phones, currently most subscription services are limited to the space of the home's WiFi network, unlike the video on-demand seen above. According to McAdam the potential to negotiate rights for outside the home streaming and even busting open the bundles for à la carte programming exist -- provided the FCC and DOJ allow Verizon to complete the proposed $3.9 billion purchase. Of course, consumption based billing would still be on the table, so don't start planning your streaming schedule just yet. For now we'll wait and see if the pros of this arrangement outweigh the cons (and how its Redbox play is mixed up in this), or if the pie-in-the-sky NowTV-style elements of the plan are merely being floated to get the deal done.
FCC to Verizon Wireless: You need more spectrum? Prove it by March 22nd.
By now, we hope you're plenty familiar with the ongoing saga between Verizon Wireless and the FCC -- no, not that little kerfuffle about data roaming complaints, but the biggie -- the proposed transfer of 122 AWS spectrum licenses from three cable providers to Big Red. While the FCC's latest move is merely a sign of due diligence, it's now pressing Verizon to supply additional information regarding its business, spectrum holdings and the proposed transfer -- all with a deadline on or before March 22nd. While many of the information requests are boilerplate material, the regulator specifically presses Verizon to substantiate its claims that it'll require additional spectrum in some markets as early as 2013. Further, Verizon must also provide an analysis of the proposed spectrum transfer between itself and Leap Wireless and its impact upon the deal with the cable operators. Regardless of Big Red's response, it seems safe to assume that Sprint and T-Mobile will each have some additional thoughts on the matter.[Tower photo via Shutterstock]
Justice Department antitrust division probing Verizon cable spectrum deals
Looks like AT&T isn't the only major carrier having issues with the guv'ment lately. Remember that 20MHz AWS spectrum that Verizon got from Cox Communications for a cool $315 million this month? How's about that juicy spectrum Big Red scored from Comcast, Time Warner and Bright House for $3.6 billion? Well, it turns out those deals are raising an eyebrow or two over at the Justice Department, which just launched an investigation into the matter. A spokesperson for the department confirmed the probe with Bloomberg News but declined to provide further details. A source familiar with the investigation, however, says the antitrust division is involved. Apparently, there's concern that the deal puts too much control of the airwaves in the hands of Verizon. For its part, Verizon declined to comment, saying it has yet to receive information about the investigation.
Verizon scores new spectrum from Comcast, Time Warner and Bright House for $3.6 billion (update)
Verizon has a pretty serious head start in the LTE race. To make sure it stays at the front of the pack, Big Red has entered an agreement with SpectrumCo (a joint venture between Comcast, Time Warner and Bright House) that sees 122 AWS spectrum licenses transferred to the carrier for $3.6 billion and some commercial agreements. The deal will allow the companies to become authorized retailers for each others products, eventually giving the cable companies the ability to offer Verizon Wireless service as wholesalers. For its part, the House that Droid Built scores a boat load of new spectrum that may become crucial in expanding its network and ensuring that speeds don't drop off significantly as more customers transition to 4G. Check out the full PR after the break. Update: Wondering how this impending love affair affects Comcast and Time Warner's existing deals reselling Clear's mobile broadband? Per CNET, not great, as the duo will gradually shift those using the WiMax provider to alternatives in the next six months.
Sprint bows out of wireless spectrum joint venture
Sprint sure has been backing out of and sashaying into quite a few deals of late, and the schizophrenic trend is continuing as it opts out of SpectrumCo, one of two joint ventures with cable operators Comcast, Time Warner Cable (parent company of AOL, which owns Engadget), Cox Communications, and Brighthouse (Advance/Newhouse). Reportedly, the firm is still remaining a part of the Sprint/Cable venture (now known as Pivot) as it focuses on "integrating wireline and wireless services offered by the cable partners with itself." We're led to believe that Sprint simply had different plans for investing its capital, but it apparently sees value in hanging in there with the whole Pivot endeavor. Interestingly, when TWC's CEO was questioned over SpectrumCo's possible involvement in the forthcoming wireless auction, he casually proclaimed that "it would be inappropriate for him to make any comment on it one way or the other," but if you'll recall, it most certainly picked up a few licenses the last go 'round.
FCC spectrum auction ends after 161 rounds
We're sure that you've been following the FCC's blow-by-blow coverage of the AWS (Advanced Wireless Services) spectrum auction as closely as you would the "So You Think You Can Dance" competition, but just in case you've been busy for the last 161 rounds of bidding, we're here to let you know that the results are in and the winners have been crowned (assuming that they cough up the millions or billions of dollars they've pledged, that is). This wireless horse race has remained mostly unchanged for the last few dozen rounds -- after the DirecTV-Echostar consortium known as Wireless DBS dropped out of the running, even we mostly lost interest -- with T-Mobile finally emerging as the seemingly largest beneficiary. For a cool $4.1 billion (yes, that's billion with a "b"), the Mob picked up 120 licenses covering most of the US, a move that was essential for the company to kick-start its rather slow entrance into the 3G data game. Other big winners included Spectrum Co. and AWS Wireless, who picked up 137 and 154 licenses, respectively, along with Verizon (13 blocks covering most of the Eastern US) and MetroPCS, which snatched up 8 licenses in key areas such as Texas and Detroit. Overall, 104 bidders made it through the entire auction to pick up a grand total of 1,087 licenses, with the biggest winner of all being the good ole US government: the total amount of loot that was bid reached a staggering $13.7 billion, which is basically found money considering that everyone was simply battling over the right to use invisible radio spectrum. If you're at all interested in a more specific run-down of who got what and for how much, hit the Read link to check out the auction home page, where the FCC has thoughtfully posted about a million pages of charts, tables, and graphs laying it all out in excruciatingly boring detail.[Via MocoNews]
