Verizon: Trust Us, We're Not Hoarding Spectrum
Please Ignore Our Inconsistent Spectrum Crisis Rhetoric, History
Numerous Verizon executives are on record stating that Verizon has more than enough spectrum to deploy LTE nationally -- before
Verizon nabbed another massive swath of spectrum from the cable industry. Studies
have shown Verizon has plenty of spectrum, particularly after re-farming spectrum currently being used for 2G and 3G (EVDO) services. Verizon's also on record saying they have so much spectrum that neither refarming 3G spectrum
or Wi-Fi offloading
are priorities for them.
Yet amazingly, Verizon enjoys trotting out the spectrum crisis bogeyman when it's convenient
(like say, when they want regulatory approval for a massive co-marketing deal with the cable industry). Responding to concerns by the DOJ that maybe AT&T and Verizon's spectrum buys moving forward should be capped so they can't hoard spectrum anti-competitively
, Verizon CFO Fran Shammo today promised they'd certainly never consider such a thing
"These rules could cause an auction to fail," warned Shammo on the call. Verizon shouldn't be penalized by spectrum rules, he said, because the operator isn't one to buy spectrum just to sit on it and keep competitors from using it, otherwise known as spectrum hoarding. "Verizon has never purchased spectrum to do that. We buy spectrum to use it," Shammo declared.
They'd certainly never, say, bid on spectrum with the sole goal of scuttling a competitor's business deal
. Verizon has been historically lucky in that any time anyone ever asks the company to show their spectrum analysis math
, they can just give a speech with the word "jobs" and "innovation" in it and regulators fall back asleep. The company would very much like you to ignore their long, long history of anti-competitive behavior and completely inconsistent spectrum crunch rhetoric -- and have faith that when it comes to spectrum, Verizon is going to be on their very best behavior.