Verizon Wireless Wins in Spectrum Auction

Verizon Wireless, a joint venture of Verizon and Vodafone, won a nationwide wireless license known as the "C" block in a government auction, the U.S. Federal Communications Communication said on Thursday. 

Verizon Wireless made a top offer of $4.74 billion for the C block spectrum, giving it control of a major piece of the airwaves being vacated by television broadcasters as they move to digital from analog signals in early 2009.

The FCC also said that AT&T had won 227 licenses from among the "B" block of regional licenses.

 

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

Get the Free Newsletter!

Subscribe to Daily Tech Insider for top news, trends, and analysis.

Latest Articles