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Verizon’s CableCo Spectrum Close To Federal Approval, T-Mobile Getting Spectrum

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Verizon Wireless has received the stamp of approval from the Department of Justice, with FCC Chairman Julius Genachowski saying he supports Verizon’s to go ahead with their $3.6 billion dollar spectrum buy tom Comcast, Time Warner Cable, and Bright House Communications. While the FCC has yet to vote on the deal, it sounds like just a formality at this point. Genachowski has said he was satisfied by Verizon’s willingness to divest some ... [read full article]

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