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Verizon Purchases $3B in Spectrum
 
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Barry



Joined: 12 May 2004
Posts: 1473

PostPosted: Fri Nov 05, 2004 12:32 am    Post subject: Verizon Purchases $3B in Spectrum Reply with quote

Verizon Wireless announced the purchase of NextWave?s PCS spectrum licenses, in 23 markets around the country, for $3.0 billion. The 10 and 20 MHz licenses, in the 1.9 GHz PCS frequency range, cover a population of 73 million people. The purchase price equates to $2.85 per MHz POP.
A list of all markets included in the sale is after the jump.

Stay tuned for more information.

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