Verizon Buy of XO Spectrum Licenses OK'd by Wireless Bureau, Eyeing 5G
The FCC Wireless Bureau signed off on the Verizon Wireless acquisition of spectrum licenses from XO Holdings’ Nextlink Wireless, saying in an order Wednesday that likelihood of competitive harms is small. It said VW's post-transaction holdings in the 28 GHz…
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and 39 GHz bands don't raise competitive concerns given the state of the market, and the deal carries some public interest benefits in expeditious use of the spectrum for 5G. Verizon hopes to use the spectrum controlled by Nextlink as part of its network local multipoint distribution service (see 1706050042).