Verizon Wireless Continues to Gobble up Smaller Carriers Tuesday Apr 22 2014 07:53 EDT Earlier this month Verizon Wireless announced that the company was acquiring Cincinnati Bell's wireless spectrum, assets and customers in a deal estimated to be worth $120 million. Now Verizon's expanding its size and scope slightly further, with two more deals in Hawaii and California. The company says they're acquiring California's Golden State Cellular and will be integrating those users over to Verizon in the next fifteen months. Verizon's also acquiring the spectrum of Mobi PCS in Hawaii, leasing it back to them as that company "makes the transition away from being a facilities-based services provider." |
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So in other words...We will buy up any little competitors to make it harder for smaller carriers to grow.... while preaching the savings of making the smaller carriers mvnos now. | |
| acrowl join:2001-08-08 California, KY |
acrowl
Member
2014-Apr-22 1:03 pm
Verizon and Cincinnati BellVerizon did not buy the customers of Cincinnati Bell. Only their spectrum holdings.
So folks in Cincinnati will be able to chose where they "port-out" to. | |
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NYC33
Anon
2014-Apr-22 1:53 pm
Re: Verizon and Cincinnati BellSame thing sprint should be doing instead of trying to buy tmobile a carrier they pretty much over slap across the usa. | |
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to acrowl
Correct when it is finalized we are let out our contracts and can go anywhere. CBT had been looking for someone to buy CBW for a while now. I don't think Verizon was their first choice, different wireless systems, but if you want out you take what you can get. | |
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Spectrum auction rulesWhat the frack is the point of the spectrum auction rules wheeler wants to put in place if he lets verizon and AT&T buy up all the smaller carriers? | |
| cb14 join:2013-02-04 Miami Beach, FL |
cb14
Member
2014-Apr-22 7:53 pm
gobble, gobble.That's how Verizon got it's famous coverage, not by building it, but by grabbing it from others. Their geographic coverage used to be smaller than Alltel's - which they chopped up together with Tea. It's nice to be a black hole. | |
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verizonNothing new.
Reminds me of when Verizon bought out Surewest Wireless locally long ago in the Sacramento/Roseville area. | |
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