Verizon’s Spectrum deal is a Revenue booster in Wireless Industries - latest tech tips

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Verizon’s Spectrum deal is a Revenue booster in Wireless Industries

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More wireless spectrum has been explored in the cable industry. Verizon has signed a deal with Cox and this deal is all about acquiring wireless spectrum in exchange for $315 million. Verizon has earlier cut spectrum deals with other cable companies. 

According to the Multichannel News, Cox Spectrum covers 28 million people and if outrageously added, Cox will not require it anymore since it has already taken the decision of getting out of the wireless business

Verizon has made a deal that is expected to work wonders. According to the terms and conditions of the deal, Verizon is supposed to acquire AWS spectrum that was purchased during the AWS auctions. Verizon has signed this deal with Time Warner Cable, Comcast and Bright House Networks. Here the nation’s wireless operator will buy the airwaves that are unused and that too from the top cable providers of the nation. For mobile players, having more spectrum is mandatory for meeting demands. 

Even now, the entire picture is cloudy as Verizon and the other cable companies have got down together to sign some undisclosed “agreements”. The secret behind the establishment of product and partnership by two companies will be reflected in these agreements. In the last 10 years, it was noticed that AT&T and Verizon have both managed to buy around 75 percent of the spectrum that was already put on auction. More than 85% of the spectrum that was put on auction in the last decade is in the control of the Big Four Carriers. 

Spectrum is one of the unavoidable barriers that are an entry for anyone who is planning a wireless network. Also, getting it approved for the mobile broadband network is an expensive task. There is one more interesting twist in the deal we have been talking about here and the twist is, that Verizon wireless and cable companies have agreed to sell each other’s products. 

This can be seen as a rare amalgamation for the two industries that stand in fierce competition to each other. On the other hand, a consumer advocacy group has opposed AT&T-T-Mobile merger. Here the spectrum sale is anticipated to be a good thing because the airwaves will finally go into the hands of the company that is expected to make good use of them. 

Verizon has already gained a considerable amount of new spectrum in a time when the smaller competitors of Verizon, like AT&T are vying hard to keep up with the growth that was always in demand. Verizon along with the cable companies, led by none other than Comcast will take pride in forming a joint venture of “innovation technology”. It’s under this particular venture that the companies will target devising new and exciting products eventually integrating cable wireless technology. 

Finally, the big news of Cox becoming a part of Verizon is all set to turn heads in the cable and wireless industries including technology involved in high speed internet. The Cox deal is nothing less than the icing on the cake, considering Verizon’s strong hold as the leading wireless services provider. However, critics who can’t be found supporting this notion also believe that if Verizon becomes a monopoly market, rates might just go up unbelievably!

About the Author:

The above article is a guest post and is composed and edited by Shannen D. She is associated with many technology and designing communities including Broadband Expert as their freelance writer and adviser. In her free time she writes articles related to high speed internet, technology, mobile applications, etc.

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