Verizon stitches up rivals with shock cableco deal
Spends $3.6bn on AWS licences held by Comcast, TWC and Brighthouse, and robs Sprint of role as cable's main wireless partner
Published: 4 December, 2011
READ MORE: Spectrum | US | Verizon Wireless | Cable | LTE
Continued ...
But others believes smaller players from TMo down are now hugely disadvantaged in terms of access to spectrum and the choice of wholesale partners, and that competition between Verizon and the cablecos has been diluted by the co-marketing pacts and future wholesale options. "Today Verizon announced a deal to pay $3.6bn to buy spectrum from the largest cable companies, who had purchased it intending to enter the wireless business," Mark Cooper, director of research for the Consumer Federation of America, said in a statement. "Instead, they will launch a venture to jointly develop and market products with the cable companies, effectively ending any prospect for serious head-to-head competition in the cable-telco space. The deal signals bad news for consumers."
More SPECTRUM News
More US News
More VERIZON WIRELESS News
COMMENTS




