Summary Box: T-Mobile asks FCC to bar Verizon deal

Thursday, 23 February 2012

Summary Box: T-Mobile asks FCC to bar Verizon deal
Associated Press
Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Published 04:57 p.m., Wednesday, February 22, 2012

BLOCK SOUGHT: T-Mobile USA, fresh from federal regulators putting the kibosh on its acquisition by AT&T, now hopes the feds will stop Verizon from buying spectrum from cable companies for $3.9 billion. TOO MUCH CONSOLIDATION? T-Mobile USA says a deal between Verizon Wireless, Comcast Corp., Time Warner Cable Inc., Bright House Networks and Cox Communications would put an "excessive concentration" of wireless spectrum in Verizon's hands. AT ISSUE: With more spectrum, Verizon will be able to keep downloads fast and serve more data-hungry devices like smartphones and laptops.

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