Reuters: Regulatory News: Justice Department okays Verizon spectrum deal with conditions

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Justice Department okays Verizon spectrum deal with conditions Aug 16th 2012, 14:38 Thu Aug 16, 2012 10:38am EDT Aug 16 (Reuters) - The U.S. Justice Department on Thursday gave the go-ahead for Verizon Wireless to buy $3.9 billion of wireless airwaves from cable providers, but limited the scope and duration of commercial agreements among the companies. Along with the airwaves purchase, Verizon Wireless also plans a joint venture and marketing agreements with cable providers including Comcast Corp and Time Warner Cable Inc. The Justice department also agreed to a separate spectrum agreement between Verizon Wireless and T-Mobile USA, a unit of Deutsche Telekom AG. Verizon Wireless is a venture of Verizon Communications Inc and Vodafone Group Plc.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions