Verizon Wireless has splashed out on $3.6bn worth of spectrum for its LTE expansion, grabbing 122 AWS licenses covering approximately 259m people from a joint venture made up of Comcast Corporation, Time Warner Cable, and Bright House Networks. The deal, the carrier has announced, will also include several produce and service agreements, allowing each company to sell the other’s products and, eventually, each of the cable companies being able to offer Verizon Wireless service wholesale, likely rebranding it as their own wireless offerings.














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