Skip to main content

Cox to sell AWS spectrum to Verizon Wireless for $315M

Cox Communications, having recently dismantled its wireless ambitions, said it plans to sell its 20 megahertz 1.7/2.1 GHz spectrum holdings to Verizon Wireless for $315 million. Cox noted that those spectrum assets cover 28 million potential customers and do not include its 12 megahertz of spectrum in the 700 MHz band or any of its current wireless customers.
As part of the deal, Cox and Verizon Wireless also announced plans to resell each other’s residential and commercial products and services through their respective sales channels. Cox will also hold the option to sell Verizon Wireless’ services on a wholesale basis.
The move follows Verizon Wireless’ announcement earlier this month that it would purchase 122 1.7/2.1 GHz spectrum licenses (also known as AWS spectrum) covering 259 million potential customers for $3.6 billion from a consortium of cable companies. Those cable companies include Comcast, Time Warner Cable and Bright House Networks.
As part of that deal, the parties also entered into an “innovation technology joint venture,” which Cox will also now have the option to join. The venture is designed to look at ways to integrate wireline and wireless products and services.
“These agreements provide Cox customers with key enablers to mobility, such as access to Verizon Wireless’ 4G LTE network and iconic wireless devices,” said Pat Esser, president of Cox Communications. “We look forward to the many benefits this will bring to customers.”
Both spectrum deals will have to pass through regulatory approval, though analysts have been somewhat positive on those chances as the acquisitions are not taking a competitor out of the market.
The deal appears to be another blow to AT&T, which appears to be in a losing battle to acquire spectrum assets as part of a purchase of T-Mobile USA, as well as to Sprint Nextel, which was in a wireless partnership with Cox.

Comments

Popular posts from this blog

Source for Posts

Disclaimer: Majority of the posts are copied from online sources like RCR Wireless , etc. No copyright infringement intended. Almost all data is taken from various website sources. However for some of the inital posts posted following are there links: 1. http://www.rcrwireless.com/article/20110818/CARRIERS/110819938/-1/report-inactive-customers-nearly-30-of-indias-base?elq=1d0c17a4f1504f139289bf04ac5805a7&elqCampaignId=220 2.  http://www.rcrwireless.com/article/20110817/CARRIERS/110819954/-1/verizon-covers-more-than-half-of-us-popluation-with-latest-lte?elq=cfd506910d97404bbb3e2decb0593ba9&elqCampaignId=215 3. http://www.rcrwireless.com/article/20110802/CARRIERS/110809992/-1/?utm_source=rss&utm_medium=item&utm_campaign=rss&elq=ba26a47b36674a7c84eb641a3043c7d2&elqCampaignId=185   4. http://www.rcrwireless.com/article/20110801/ENTERPRISE/110809997/-1/american-express-taps-carrier-no-2-for-digital-commerce-platform?elq=7d6d901059a4417ca5fd7...

Road to Network Cloudification: Europe

Road to Network Cloudification: Europe This is the 4th post part of the " Road to Network Cloudification " series where our focus is on summarizing the virtualization journey so far, status & 5G related news of some of the major Operators in the region being discussed. In the earlier articles we have looked at US,Canada , India & UK . The hyperlinks will take to the post of the respective regions. In this post we will be looking into some of the major operators for rest of the Europe Region .   Note: As of 21st August, 2020 have started a new post with summary table capturing all regions, the operators from these post and their NFV ecosystem and 5G status.  URL: https://matelecom.blogspot.com/2020/08/road-to-network-cloudification-summary-table.html    Last Updated: 4th January 2022.

Telefónica to deploy LTE in 2.6Ghz

Spain’s Telefónica announced LTE deployment at Mobile World Congress , saying it will use Alcatel Lucent’s LightRadio technology in the 2.6Ghz frequency band. Deployment is expected to begin in Chile and Brazil. According to the company, the service will provide download speeds of 100 Mbps, and between 40-60Mbps on upload. Telefónica explained that the difference in its deployment is that in the conventional deployment, radio base stations co-exist with 4G metro cells (small base stations incorporating antennas and radio) working on the same frequency and with no interference. During the announcement, Telefónica highlighted as the most significant feature the increased capacity to support 30 people browsing simultaneously with an average speed of 30Mbps. The telecom operator noted that the network supports speeds of up to 10 times those offered by the 3G network, with download speeds of 100Mbps, upload speeds of 40-60 Mbps and with latency times of around 20-25 mi...