• Carriers

    Verizon Wireless buys nationwide AWS Spectrum from Comcast, Bright House & Time Warner 

    by
    BuffaloTF
    Published on 12-02-2011 09:07 AM
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    SpectrumCo, LLC, a joint venture between Comcast Corporation, Time Warner Cable, and Bright House Networks, today announced it has entered into an agreement pursuant to which Verizon Wireless will acquire its 122 Advanced Wireless Services spectrum licenses covering 259 million POPs for $3.6 billion. Comcast owns 63.6% of SpectrumCo and will receive approximately $2.3 billion from the sale. Time Warner Cable owns 31.2% of SpectrumCo and will receive approximately $1.1 billion. Bright House Networks owns 5.3% of SpectrumCo and will receive approximately $189 million.

    The agreement comes at a time when consumer demand for wireless services and bandwidth is increasing rapidly. This sale of spectrum is an important step toward ensuring that the needs and desires of consumers for additional mobile services will not be thwarted by the current spectrum shortage. While government action to free more spectrum is expected, this transaction ensures that the spectrum which is already available for mobile services is used effectively to serve customers.

    The companies also announced that they have entered into several agreements, providing for the sale of various products and services. Through these agreements, the cable companies, on the one hand, and Verizon Wireless, on the other, will become agents to sell one another's products and, over time, the cable companies will have the option of selling Verizon Wireless' service on a wholesale basis. Additionally, the cable companies and Verizon Wireless have formed an innovation technology joint venture for the development of technology to better integrate wireline and wireless products and services.
    Here is the link on the subject:

    http://newscenter.verizon.com/press-...ner-cable.html



    Subject to FCC approval... naturally. But if this is approved, there's absolutely no way they should be attempting to block AT&T. This is the former Sprint joint venture with the cable co's for AWS. 20 mhz coverage pretty much everywhere. I'm actually surprised that this isn't what AT&T went for at first, it fits with their holdings better.

    Forum discussion

    AT&T Mulling Joint Venture With T-Mobile 

    by
    CA
    Published on 11-30-2011 10:59 PM
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    AT&T is reportedly considering a joint venture with T-Mobile USA parent company Deutsche Telekom instead of buying T-Mobile USA outright. Sources speaking to wsj said the plans are far from final, but such a deal could be looked at more closely now that AT&T is facing a number of roadblocks with its planned merger.
    BGR | Forum discussion
    2 Comments

    AT&T Withdraws FCC Application For T-Mobile Acquisition 

    by
    CA
    Published on 11-24-2011 03:48 PM
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    [top]AT&T and Deutsche Telekom Continue to Pursue Sale of DT's U.S. Wireless Assets

    [top]Companies Withdraw FCC Applications; AT&T Expects to Recognize $4 Billion Charge; Companies Focus on Gaining DOJ Approval

    Dallas, Texas, November 24, 2011    ShareThisOn Nov. 22, 2011, the Federal Communications Commission indicated a proposed order was circulating that would designate for hearing the applications of AT&T Inc. and Deutsche Telekom AG For Consent To Assign or Transfer Control of Licenses and Authorizations, WT Docket No. 11-65. On November 23, 2011, AT&T Inc. and Deutsche Telekom AG electronically withdrew without prejudice, as of that date, the pending applications listed in the Public Notice released by the Federal Communications Commission on April 28, 2011 in that proceeding. Associated manual notification of withdrawal filings also are being madAT&T Inc. and Deutsche Telekom AG are continuing to pursue the sale of Deutsche Telekom’s U.S. wireless assets to AT&T and are taking this step to facilitate the consideration of all options at the FCC and to focus their continuing efforts on obtaining antitrust clearance for the transaction from the Department of Justice either through the litigation pending before the United States District Court for the District of Columbia, Case No. 1:11-cv-01560 (ESH) or alternate means. As soon as practical, AT&T Inc. and Deutsche Telekom AG intend to seek the necessary FCC approval.As a result of the FCC’s action, AT&T expects to recognize a pretax accounting charge of $4 billion ($3 billion cash and $1 billion book value of spectrum) in the 4th quarter of 2011 to reflect the potential break up fees due Deutsche Telekom in the event the transaction does not receive regulatory approval.
    AT&T | Forum Discussion

    Analysts now say AT&T-Mobile deal has less than 50% success chance 

    by
    Trocks797
    Published on 11-22-2011 10:31 AM
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    Financial analysts are becoming pessimistic that AT&T (NYSE:T) will win approval for its proposed $39 billion acquisition of T-Mobile USA. The analysts argue that to improve the deal's prospects, AT&T will have to make significant concessions ahead of a February trial with the Department of Justice, which is suing to block the deal on antirust grounds.

    According to the Financial Times, most analysts now rate the deal's chances as less than 50/50, with some even giving it only a 20 percent chance of approval. Bankers note that for the deal win approval, AT&T might have to sell significant spectrum--likely AWS airwaves--to a smaller player like MetroPCS (NASDAQ:PCS).

    FierceWireless | Forum Discussion
    1 Comment

    Verizon To Offer Spotify Bundle? 

    by
    vevo3
    Published on 11-22-2011 10:23 AM
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    According to my source, it's a bundle with a very large wireless carrier.

    http://www.pcmag.com/article2/0,2817,2396701,00.asp

    Spotify Unveiling 'New Direction' on Nov. 30

    Spotify on Monday sent out invites for a Nov. 30 press event that the company said will include details on a "new direction" for the music service.

    The invite is sparse on details. "What's Next for Spotify?" it teases.

    "At Spotify, we continually strive to innovate and deliver exciting new experiences for our users," a spokeswoman said in a statement when asked for more information. "In New York on November 30th, we are holding our first press conference to unveil the latest major development from Spotify—and a new direction for the company."
    Spotify said CEO and founder Daniel Ek will be in attendance, as will "special guests."
    Forum Discussion

    Bell and Virgin to launch the Samsung Galaxy Nexus in early December 

    by
    Gordon Gartrell
    Published on 11-14-2011 09:35 AM
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    3 Comments

    Verizon: Double data promo 

    by
    terryjohnson16
    Published on 11-07-2011 07:07 PM
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    Looks like they are doubling the data across the board.

    $30 used to get 2GB, now it gets you 4GB.

    $50 used to get you 5GB, now it gets you 10GB

    $80 used to get you 10GB, now it gets you 20GB.

    4G data plans only.

    More here. Talk about it here.

    Clearwire inks wholesale deal with NetZero Internet provider 

    by
    503ducati
    Published on 11-05-2011 07:50 PM
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    Mobile WiMAX carrier Clearwire (NASDAQ:CLWR) announced a five-year wholesale deal with United Online, the company behind the NetZero Internet service brand, extending its wholesale umbrella at a time when it is shuttering its own branded postpaid service.

    The terms of the deal were not disclosed. NetZero customers will be able to access Clearwire's network in early 2012, though the companies did not say exactly when the service will become available.

    More: Fierce Wireless | Forum Discussion

    HTC Rezound Announced 

    by
    howard
    Published on 11-03-2011 06:59 PM
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    Here's the press release. LTE, dual core 1.5Ghz processor, 4.3" 720p display, 8MP camera, beats audio, 16GB storage, 1620mAh battery, 13.65mm thick. Ships with Gingerbread (2.3.5), ICS upgrade in Q1 2012. ...
    Read More Read More 5 Comments

    Judge rules Sprint, C Spire can sue AT&T 

    by
    whitetigergrowl
    Published on 11-03-2011 09:46 AM
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    A federal judge ruled Wednesday evening that Sprint Nextel Corp. and a regional cellphone company can sue AT&T Inc. over its acquisition of rival T-Mobile USA.

    AT&T had asked U.S. District Judge Ellen Segal Huvelle to dismiss the case because Sprint and Ridgeland, Miss.-based C Spire Wireless did not have the right to sue over the deal that would create the nation's largest wireless phone carrier.

    Dallas-based AT&T already is fighting an antitrust lawsuit brought by the Obama administration that claims the AT&T-T-Mobile merger would lead to higher wireless prices, less innovation and fewer choices for consumers. AT&T says the deal will allow it to better serve customers and expand its wireless network.

    More: http://www.boston.com/news/nation/wa...e_can_sue_att/ | Forum discussion here.
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