F.C.C. Backs Verizon Sale in 3 States
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Regulators  cleared the way for Verizon Communications to sell its phone lines in three New England states for $2.7 billion to FairPoint Communications Inc.
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Verizon Wireless of Bedminster, NJ, announced a partnership with Circuit City Stores Inc. of Richmond, Va., to create Verizon Wireless shops in 570 of its Circuit City superstores.
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Verizon Wireless announced Friday that it plans to buy airwave licenses from NextWave Telecom Inc. for $3 billion in cash, giving the cellular phone giant the ability to carry more calls in some of the nation's largest cities. -The Washington Post
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Well, it looks like things are getting a bit more interesting regarding the Sprint/Nextel deal. It seems that Vodafone, which owns 45% of Verizon Wireless in the US, is supporting a move by Verizon to potentially buy Sprint PCS.
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Alltel Corp.'s proposed $24.7 billion acquisition by private- equity firms may lead to the sale of other mobile-phone providers that serve rural areas.  Dobson Communications Corp., Centennial Communications Corp., Rural Cellular Corp. and United States Cellular Corp.
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Verizon announced FTTP deployment to homes and businesses in Delaware, Maryland, Massachusetts, New York, Pennsylvania and Virginia -- bringing to nine the total number of states where work is under way.
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Verizon Wireless has sued the F.C.C., seeking to overturn auction rules requiring the buyers of some airwaves to make their networks compatible with any device.
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T-Mobile USA, the nation's fourth-largest cell phone carrier, has received approval for its $2.4 billion purchase of SunCom Wireless, a regional carrier that primarily serves the southeastern United States.
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November 6, 2004 -- Verizon Wireless will buy NextWave Telecom Inc.&#39;s airwaves for $3 billion, increasing capacity in New York and 22 other cities, as part of efforts to reclaim the No.
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(InfoWorld) - T-Mobile USA Inc. came out the biggest spender in the U.S. Federal Communications Commission's Advanced Wireless Services spectrum auction, which ended Monday. Participants bid a total of nearly US$13.9 billion on 1,087 licenses to offer 3G (third-generation) mobile services in areas across the U.S. The auction began Aug. 9 and went on for 161 rounds. The radio frequencies could be used for services including data, voice and video on mobile devices. The auction is the first of two that should roughly double the amount of radio spectrum available in the U.S. for mobile services. The FCC is also preparing to auction frequencies around 700 MHz that have been used for TV broadcasts. Moving those to mobile use could take years. T-Mobile is playing catch-up against bigger carriers in introducing 3G services. Its bidding company, T-Mobile License LLC, had the winning bids on 120 licenses and will pay almost $4.2 billion for its spectrum. All told, the licenses it won could reach almost 475 million people, a number greater than the U.S. population. There was a wide variety of licenses up for auction, ranging from local to regional coverage. The five biggest bidders, led by T-Mobile, represented the country's biggest cellular companies. Cellco Partnership, representing Verizon Wireless Inc., came in second place with $2.8 billion in bids for 13 licenses. SpectrumCo LLC, representing Sprint Nextel Corp. and cable partners, bid almost $2.4 billion for 137 licenses and Metro PCS AWS LLC bid almost $1.4 billion for eight licenses. Cingular Wireless LLC, represented by Cingular AWS LLC, came in fifth with bids of more than $1.3 billion for 48 licenses. Overall, more than half of the 104 winning bidders that participated were certified as small businesses, according to the FCC. The agency put 1,122 licenses up for auction. The unsold licenses will be made available again in a future auction. The winners need to make down payments within ten days after the FCC puts out a public notice on the close of the auction. In the same time period, they have to submit long-form applications for the licenses.
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By Michael S Rosenwald, Washington Post Staff Writer  Verizon Communications Inc.
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Three D.C. Council members introduced a bill yesterday that would provide $50 million in public funding for improvements at Verizon Center, a move that supporters said would spur more economic development near the Chinatown arena.
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Sprint Corp., the third-largest wireless phone company in the US, doled out US$3 billion worth of contracts Tuesday to long-time suppliers Lucent Technologies, Nortel Networks and Motorola.
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US telecoms firm Verizon is reported to have won the backing of mobile partner Vodafone for a bid for US rival Sprint.
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Lack of bidders forces largest US local telephone companies to terminate efforts in small markets. NEW YORK  - Verizon Communications Inc.
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Verizon Wireless, the No. 2 U.S.  carrier, said on Friday more than 95 percent of its customers  had phones capable of identifying their location when they call  911 for help.
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By Bloomberg News. Cingular Wireless, which is buying AT&amp;T Wireless, said yesterday that third-quarter sales rose 4.9 percent, to $4.