Verizon/SpectrumCo. Deal on Thursday Track

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The latest word on the FCC's release of the Verizon/SpectrumCo order, which has already been approved by a 5-0 vote, is that it will be released on Thursday.
The commission is okaying Verizon's proposed purchase of $3.9 billion worth of spectrum from cable operators Comcast, Time Warner Cable, Cox and Bright House Networks, as well as from Leap Wireless.

The order also approves Verizon's deal to spin off some of that spectrum to T-Mobile and in fact makes that spin-off a condition of the deal.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.