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back to article Verizon wins approval for $3.6bn cable spectrum swap

Verizon looks to have the green light to acquire around 20MHz of wireless spectrum from a consortium of four of the US's largest cable companies, with two government agencies having voiced approval of the deal, albeit in modified form. The deal, which would see Verizon spending $3.6bn to acquire spectrum licenses from Bright …

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Glad some is going to T-Mobile

The cable companies have done this on almost every auction -- they give some vague lip service to maybe allying to build another telecom provider, they buy a chunk, then sell it to some telecom later.

But I'm glad some is going to T-Mobile -- although I have service from VZW, they and AT&T are the two largest cell cos in the US, they both tend to buy up spectrum "just in case" (i.e. they sit on it so nobody else can use it), and both keep rapdily raising prices as their costs to do business actually decrease. So I'm glad T-Mo is getting some instead of VZW just sitting on it.

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