Verizon Wireless completes spectrum purchase
In a market where spectrum is becoming an increasingly valuable asset, US carrier Verizon Wireless has secured approval for its purchase of 122 AWS spectrum licences from cable companies Comcast, Time Warner Cable and Bright House Networks for $3.6bn. It will also complete transactions with Leap Wireless, Savary Island Wireless and T-Mobile, after the US Federal Communications Commission (FCC), approved the deals.
LightSquared scores another deal, hits back at critics
Leap gives MetroPCS offer short shrift
Regional US mobile operator, Leap Wireless, said Sunday that it has rejected an unsolicited offer from rival company MetroPCS. In a letter from one board to another, the managers of Leap said: “Your publicly-announced merger proposal, however, is completely inadequate in a number of critical areas.” The response continued in much the same vein, leaving [...]


