MisterDTV – Is the broadcast spectrum auction activity a sham? More and more it seems so…they don’t want our spectrum (witness the ‘take our 700MHz, we want AWS…’), they want our BUSINESS and they want our VIEWERS. Starve broadcasting of spectrum, what do you get? Exactly what THEY want! BOTH!
Verizon Communications (NYSE:VZ) CFO Fran Shammo said that Verizon Wireless now has enough spectrum to handle its capacity needs for the next four to five years. He called the carrier’s recently approved $3.9 billion purchase of nationwide AWS spectrum from a group of cable companies “an absolute strategic acquisition for us.”