Cox to sell spectrum to Verizon for $315M

Cox is following other cable companies in lining up with Verizon Wireless

Cox Communications plans to sell wireless spectrum licenses covering 28 million U.S. residents to Verizon Wireless for US$315 million, becoming the latest cable operator to join with Verizon for mobile services.

Earlier this month, a joint venture of three of the largest U.S. cable companies agreed to sell their Advanced Wireless Services (AWS) spectrum to Verizon for $3.6 billion. The venture had acquired the licenses, which cover about 265 million people, in 2006 but had never used them. The group, called SpectrumCo, included Comcast, Time Warner Cable and Bright House Networks.

If the spectrum purchases receive antitrust and Federal Communications Commission approval, they will give Verizon Wireless a rich source of spectrum to strengthen its mobile network and more channels through which to sell its services. The deals also represent a retreat from mobile by U.S. cable operators, which have not had much luck selling wireless along with their packages of home video, data and voice services.

Verizon's deal with Cox is similar to the one it reached with the other SpectrumCo members, and Cox plans to enter talks to join the venture Verizon created with those companies. Cox and Verizon will be able to sell each others' products and services at retail, and Cox eventually may be able to sell Verizon Wireless services through a wholesale arrangement.

Cox has been offering a mobile service over Sprint Nextel's network, after abandoning plans to build a network of its own. But earlier this month, the company announced it would phase out that service by the end of March 2012. Cox said it was not able to offer the speed, devices or network reach to compete in mobile. The AWS licenses Cox is selling to Verizon cover 20MHz of spectrum, roughly enough to offer an LTE (Long-Term Evolution) service. However, Cox is not selling its spectrum holdings in the 700MHz band.

Stephen Lawson covers mobile, storage and networking technologies for The IDG News Service. Follow Stephen on Twitter at @sdlawsonmedia. Stephen's e-mail address is stephen_lawson@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mobiletelecommunicationCarriersVerizon WirelessCox Communications

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Stephen Lawson

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?