Verizon Wireless to conduct LTE spectrum sale
Verizon Wireless to conduct LTE spectrum sale
Verizon Wireless is planning to conduct an open sale of all of its 700 MHz A and B spectrum licenses in an effort to rationalize its spectrum holdings. The carrier obtained the 700 MHz A and B licenses — as well as a nationwide 700 MHz upper C license, which is currently used for its 4G LTE service — in an auction through the Federal Communication Commission. Verizon is in the midst of acquiring additional Advanced Wireless Services (AWS) spectrum licenses that it plans to use in conjunction with its 700 MHz upper C spectrum to deploy additional LTE markets, and this proposed 700MHz A and B sale will only be conducted if Verizon’s AWS acquisition is successful. The spectrum licenses cover dozens of major markets such as New York, Philadelphia, Detroit, Dallas, Los Angeles and San Francisco. Verizon’s press release follows below.












