FCC Stops Clock on Verizon–SpectrumCo
Delays deal vetting two weeks to take comments on impact of proposed T-Mobile spectrum trade
By John Eggerton -- Broadcasting & Cable, 6/27/2012 9:24:25 AM
The FCC stopped its informal 180-day shot clock on the deal after Verizon announced it was proposing trading spectrum with T-Mobile, contingent on FCC and DOJ approval of the SpectrumCo deal since that trade would include some of the spectrum being acquired from cable operators.
The 14 days will be a period in which the public can comment on the impact of the T-Mobile trade on the SpectrumCo deal. One impact could be to make the SpectrumCo deal more FCC-friendly by reducing Verizon's spectrum totals in some markets.
Some SpectrumCo deal critics have already weighed in, saying the spectrum trade does not change the associated cross-marketing agreements they argue will reduce competition between the telco and cable operators to the detriment of consumers.
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