Spectrum Swapping Draws Regulatory Attention and Heat
Late in August, both the FCC and the Department of Justice gave their approval to a swap of spectrum involving Verizon Wireless and a number of other companies including Time Warner, Comcast, Bright House Networks, and Leap. Don’t glaze over [yet]. The spectrum purchase is valued at (…wait for it…) $3.9 billion, so perhaps that’s why it attracted some extra scrutiny and concessions from the Department of Justice and arguably the FCC.