Verizon Snaps Up More Spectrum in $3.6 Billion Sale

This news may not mean a whole lot to many of you right now, but here it is anyway. Verizon has bought 122 Advanced Wireless Services (AWS) spectrum licenses from SpectrumCo., Inc., a joint venture between Time Warner Cable, Brighthouse and Comcast. Each party will be getting a cut of the sale based on their ownership of 31.2%, 63.6% and 5.3%, respectively

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