Verizon has been fighting hard to get its acquisition of cable companies' wireless frequencies past legal hurdles, and it just surged over the most important of the bunch: both the Department of Justice and the FCC have signed off on the agreement. To get the $3.9 billion deal through the door, Big Red will have to offload some of its spectrum to other companies. The DOJ, meanwhile, is more concerned that Verizon is getting a little too cozy with Bright House, Comcast, Cox and Time Warner Cable in terms of marketing and reselling bundles that include cellular and cable access.
Engadget , DOJ, FCC clear Verizon buyout of cable companies' spectrum, require giving up some airwaves, DOJ, FCC clear Verizon buyout of cable companies' spectrum, require giving up some airwaves
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