Verizon Blasted For Tying Spectrum Sale To $3.9B Cable Deal

Law360, New York (April 18, 2012, 8:08 PM EDT) -- Critics warned Wednesday that Verizon Wireless’ new plan to sell some spectrum as long as its $3.9 billion deal to grab additional spectrum from cable companies receives regulatory approval is merely a ploy to sugarcoat its bid to create an Internet services “cartel.”

The company said Wednesday it would run an open sale for all of the licenses it holds for 700 megahertz A and B spectrum while it builds its 4G LTE network on its 700 MHz upper-C spectrum holdings. But Verizon said it would...
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