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Verizon CTO Tony Melone says the FCC's review of its deal to buy unused spectrum from cable companies is taking too long. And he's urging the agency to revamp its license transfer process.
Verizon Wireless and SpectrumCo cable companies agree to scale back joint marketing arrangement to win OK from Department of Justice and FCC, says The Wall Street Journal. Approval for deal to be announced within weeks.
In a surprising announcement, Verizon will buy spectrum from Comcast, Time Warner Cable, and Bright House Networks--collectively known as SpectrumCo.