Verizon has a pretty serious head start in the LTE race. To make sure it stays at the front of the pack, Big Red has entered an agreement with SpectrumCo (a joint venture between Comcast, Time Warner and Bright House) that sees 122 AWS spectrum licenses transfered to the carrier for $3.6 billion and some commercial agreements. The deal will allow the companies to become authorized retailers for each others products, eventually giving the cable companies the ability to offer Verizon Wireless service as wholesalers.
Engadget, Verizon scores new spectrum from Comcast, Time Warner and Bright House for $3.6 billion
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