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Verizon to FCC: Restrictions on airwaves auction are unjust

02
May
2014

Verizon Communications Inc has urged U.S. regulators not to restrict how much it can buy in next years auction of wireless spectrum, saying such a limit would subsidize the smallest national carriers and their foreign owners. Federal Communications Commission Chairman Tom Wheeler recently proposed rules for the complex sale of valuable airwaves scheduled for mid-2015. The rules would reserve part of the spectrum in each market for wireless carriers that do not already have dominant blocks of low-frequency airwaves there. That would benefit the No. 3 and No. 4 carriers, Sprint Corp and T-Mobile US Inc, by limiting the two biggest carriers, Verizon and ATT Inc, which dominate the highly valued low-band spectrum.

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