New filings with the FCC indicates that Verizon has about 64 companies interested in potentially buying Verizon's unwanted spectrum. Most of those airwaves, acquired in 2008's AWS auction, exist in the 700 MHz Lower A and B Block spectrum, while Verizon's LTE network uses 700 MHz upper C spectrum. Verizon has (rather successfully) been using the spectrum sale as a carrot on a stick to get regulators to approve their deal with the cable industry, though it remains more likely that this spectrum goes to AT&T rather than a smaller competitor. Verizon is also motivated by the fact that their Lower A and B Block licenses have buildout requirements attached requiring that the owner deliver coverage to 35 percent of the licensed geographic areas by mid-2013.
Verizon will just ignore them like they do everything else, and will end up "selling" the spectrum to the already hoarding AT&T, and AT&T will sit on it to quash competition even more. When does the new revolution start?
The FCC is as useless as a pile of crap. Period. End of sentence. I can't even remember when they had a y balls to go after and/or enforce an REAL requirements that actually had any teeth. Sure, they will fine a company from time to time, but for what? A small infraction, and probably only for publicity to make it look they are worth something. Bigger infractions get sent to court, and ultimately get dismissed anyway. The FCC is OWNED buy the companies they are supposed to regulate.
The FCC auctioned it off and the cable companies bought it. At the time they thought they could build out a wireless network and compete in the mobile business. Cox was the only one that actually started to build out then found out it would be too expensive to make it work. So they abandoned the project.
it's probably hefty regulation tied to the spectrum more than anything as to why Verizon never used 700mhz a & b blocks..
key provisions were the obvious deployment requirements and timeframe, but the next was to donate services over these frequencies for first responders which made the spectrum much less valueable.. however, rather than have a minority carrier earn a good reputation, it was worth it for Veizon to sit on the spectrum and not let another carrier gain any momentum... that's basically what it's all about.. when your more than twice the size of a smaller competitior-- in many cases 5 - 10x these days..
this is a failure of government to not reign in at&t and verizon.. and they will have to deal with it sooner or later..