Cox Communications Selling Spectrum To Verizon: The Turf War Begins

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News Posted: Fri, Dec 16 2011 7:08 PM
If you haven't been paying close attention to the mobile landscape, you may be missing the biggest spectrum-based turf war in ages. These days, it's a race to snap up spectrum, and as the old saying goes, the boys with the most, win. Cox Communications pondered a start in the telecom world once, but now they've decided that it's probably best to let the existing players play on. In turn, they're announcing plans to sell their wireless spectrum to Verizon for $315 million. Moreover, Cox and Verizon Wireless will become agents to sell each other's residential and commercial products.

The sale of Cox's AWS spectrum to Verizon Wireless is an important step to ensure that consumers' growing demands for mobility will be met. This agreement does not include Cox's 700 MHz spectrum licenses, the company's Cox Wireless customer accounts or any other assets.Separately, Cox and Verizon Wireless will also become agents to sell each other's residential and commercial products and services through their respective sales channels. Over time, Cox may have the option to sell Verizon Wireless' services on a wholesale basis. In addition, Cox expects to enter into arrangements with the innovation technology joint venture formed by Verizon Wireless, Comcast, Time Warner Cable and Bright House Networks to better integrate wireline and wireless products and services.


"These agreements provide Cox customers with key enablers to mobility, such as access to Verizon Wireless' 4G LTE network and iconic wireless devices," said Pat Esser, president of Cox Communications. "We look forward to the many benefits this will bring to customers."

The sale and transfer of Cox's advanced wireless spectrum to Verizon Wireless is subject to approval by the Federal Communications Commission and review under the Hart-Scott Rodino Act and other customary conditions. Cox announced last month that it would no longer sell its Cox Wireless service, but would continue to provide service to its wireless customers through March 30, 2012.
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Verizon seems to be pooling a big portion of the spectrum. I wonder what this will do for their wireless network

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AKnudson replied on Sat, Dec 17 2011 10:56 AM

Cox is a fairly obsure wireless company so there is no legitment excuse for accruing them except for their spectrum, sothis is a very acurate aricle. Verixon wont improve much they will jus broaden their range there actual service won't improve.

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LLeCompte replied on Sat, Dec 17 2011 11:44 AM

Verizon may have a hard time pushing this sale through, we will see. Verizon is already sitting on a bunch of spectrum it isnt using. The Gov needs to have a "use it or lose it" policy with spectrum. ATT and Verizon like to buy spectrum up and hog it so no one else can have it.

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Perhaps had Cox not priced themselves out of the market they wouldn't have to sell to Verizon. I remember getting the mailings from Cox and just shaking my head. $70 a month less taxes and fees. So add those in and you're at $90 a month. Meanwhile I get my service for $50 a month, that's including the taxes and fees and gives me 4G service for UNLIMITED voice, text and net access.

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AKwyn replied on Sun, Dec 18 2011 7:10 AM

LLeCompte:

Verizon may have a hard time pushing this sale through, we will see. Verizon is already sitting on a bunch of spectrum it isnt using. The Gov needs to have a "use it or lose it" policy with spectrum. ATT and Verizon like to buy spectrum up and hog it so no one else can have it.

I have to agree. At least sell it to T-Mobile or Sprint so they can have some improved coverage of their own...

 

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Verizon reminds me of the Yankees. They buy up spectrum so the Red Sox (err... AT&T) can't.

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