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United States : VERIZON to purchase spectrum from two more regional carriers [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Regional carrier Cincinnati Bell earlier this month declared that it had signed an agreement with Verizon that ll see the big red operator acquire Cincinnati Bell s spectrum licenses and other assets for $210 million. That deal didn t satiate Verizon s appetite for spectrum, though, as it s been disclosed that Verizon has struck deals with two other small carriers. Two separate FCC filings have revealed that Verizon intends to snap up California carrier Golden State Cellular and Hawaiian operator Mobi PCS. Verizon spokesperson Robin Nicol verified to FierceWireless that Verizon will purchase spectra, network assets and customers in Amador, Alpine, Calaveras, Tuolumne and Mariposa counties. Verizon plans to transition present Golden State Cellular customers to its own plans about 15 months after the deal reaches conclusion. In the meantime, Verizon will be snagging 20-30Mhz of PCS spectrum from Mobi PCS in Hawaii. The deal will see Verizon lease 10MHz of spectrum back to Mobi PCS so that it can continue to offers service. The lease will last for up to 12 months. Mobi PCS is at present looking into assisting its customers find service arrangements with other operators. These Verizon purchases are just the newest in a long line of spectrum deals that we ve seen recently as major carriers work to develop their networks and fulfill the growing consumer demand for data. It s kind of a disappointment to see smaller carriers disappearing as a result of these transactions, however because wireless subscribers continue to consume mobile data, it s not likely that this will be the last time we see a large carrier strike a spectrum deal with a smaller operator. Verizon s agreements with Golden State Cellular and Mobi PCS are dependent on FCC authorization. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info, an Albawaba.com company |