US mobile giant Verizon Wireless has confirmed that it has hired investment bank Loop Capital Markets to help it manage the proposed sale of its 700MHz Lower A and B Block licences. Verizon has provisionally agreed to sell the 700MHz spectrum if it receives regulatory approval for its USD3.9 billion purchase of nationwide AWS spectrum from SpectrumCo, a joint venture between cablecos Comcast Corporation, Time Warner Cable and Bright House Networks
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OVETEL Verizon enlists Loop to manage sale of 700MHz spectrum; FCC questions cellco’s behaviour
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