05 mar: Compass Group Buys Back 300,000 Shares
05 mar: Kellogg CEO John Bryant's 2011 Pay Jumped 90%
05-03-2012 17:20:00

Verizon, Cable Companies Defend Spectrum Sale As Public Benefit

Relateret indhold

By Greg Bensinger

Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones) -- Verizon Communications Inc. (VZ) said its $3.9 billion deal to buy a block of wireless airwaves, or spectrum, from a group of cable companies would benefit the public by bringing more mobile service to a broader swath of Americans as data-hungry iPhones and tablet computers force capacity constraints.

The telecommunications company faces opposition from rival T-Mobile USA, which said last month in a Federal Communications Commission filing that the sale would damage competition and allow Verizon to "accumulate even more spectrum on top of an already dominant position."

Verizon announced the deal as regulatory opposition mounted against AT&T Inc.'s (T) planned $39 billion takeover of T-Mobile, leading to the merger's collapse late last year. Analysts anticipate less resistance to the Verizon deal because the spectrum has been largely unused and wouldn't involve the transfer of customers.

The Verizon spectrum deal is at the center of a debate about how the scarce commodity should be apportioned among the largest carriers as the FCC nears authorization to auction off television airwaves. Carriers have argued vigorously for access to new spectrum as more consumers dial up high-definition video and download music and photos to their devices.

In an FCC filing released Monday, Verizon said the deal with Comcast Corp. (CSCSA), Time Warner Cable Inc. (TWC), Bright House Networks LLC and Cox Communications Inc. would help relieve the nation's congested networks. Verizon "faces spectrum constraints in its network in some areas as early as 2013 and in many more by 2015," according to the filing.

Verizon also said the FCC should drop its review of a separate marketing agreement in which its Verizon Wireless subsidiary and the cable companies would cross-promote their products in stores. The carrier noted the Justice Department is reviewing the marketing accord and that the FCC hasn't historically weighed in on such arrangements.

A Verizon spokesman declined to comment beyond the filing, and FCC representatives weren't immediately available.

Verizon Communications, which co-owns Verizon Wireless with Vodafone Group PLC (VOD, VOD.LN), recently added 31 cents to $38.99.

-By Greg Bensinger, Dow Jones Newswires; 212-416-4676; greg.bensinger@dowjones.com

(END) Dow Jones Newswires

March 05, 2012 12:20 ET (17:20 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Novo/ABM: Løfter kursmål med 13 pct. inden regnskab - NY

26-01-2015 14:25:37
Alm. Brand Markets ser frem mod årsregnskabet fra medicinalselskabet Novo Nordisk med positive forventninger og løfter sit kursmål for aktien til 340 kr. fra ti..

Aktier/middag: C20 genfinder rekordrytmen med Vestas i spidsen

26-01-2015 11:29:30
Vestas og resten af de danske eliteaktier har vendt morgentimernes nedadvendte mundvige opad og lagt sig tilbage på rekordkurs.C20 Cap-indekset ligger sidst på ..

Aktier/tendens: Græsk valg sætter stopper for rekordjagt

26-01-2015 08:12:36
Efter fem rekorder i træk til C20 Cap sidste uge er der lagt op til mere pessimistiske investorer i mandagens handel.De europæiske aktiemarkeder indikeres at åb..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Novo/ABM: Løfter kursmål med 13 pct. inden regnskab - NY
2
Bang & Olufsen stiger på salgsrygte
3
Asger Aamund sælger sin andel af Bavarian Nordic - NY
4
Aktier/middag: C20 genfinder rekordrytmen med Vestas i spidsen
5
Genmab/Danske: Kursmålet øges med en tredjedel

Relaterede aktiekurser

AT&T Inc 33,18 -0,6% Fald i aktiekurs
Verizon Communications I.. 46,96 -0,4% Fald i aktiekurs
Comcast Corporation- Cla.. 56,69 0,7% Stigning i aktiekurs
Vodafone Group PLC- Amer.. 36,01 0,2% Stigning i aktiekurs
Comcast Corporation- Cla.. 56,38 0,5% Stigning i aktiekurs
Time Warner Cable Inc 145,07 0,6% Stigning i aktiekurs
Vodafone Group PLC ORD U.. 239,88 0,5% Stigning i aktiekurs
Verizon Communications C.. 46,96 0,0% Fald i aktiekurs
Deutsche Telekom 15,00 0,0% Aktiekurs uændret
Verizon Comm 34,91 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen
Sælg

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
27. januar 2015 04:22:20
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150121.1 - EUROWEB3 - 2015-01-27 04:22:20 - 2015-01-27 04:22:20 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x