Verizon Wireless has sold part of the BEA131 700 MHz...
Verizon Wireless has sold part of the BEA131 700 MHz lower A-block license to Texas-based Colorado Valley Communications, Verizon said Tuesday. The Houston-Galveston-Brazoria license encompasses 126,000 Texans in Fayette, Austin, Colorado, Lavaca and Washington counties, said Verizon Wireless spokeswoman Robin…
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Nicol in a company blog post (http://xrl.us/bn4tuv). “This agreement is the fourth to be signed as a result of Verizon Wireless’ previously announced plans to offer for sale its lower 700 MHz spectrum licenses to rationalize its spectrum holdings and enable more spectrum to reach the marketplace where it can be used for the benefit of customers,” she said. Verizon’s sold 36 of its lower 700 MHz licenses to 11 telcos since 2011, she added. Financial firm Stephens Inc. and investment bank Loop Capital Markets handled the agreement.