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Verizon acquires Cellular One of Northeast Pennsylvania, gains a bit more spectrum

Verizon acquires Cellular One of Northeast Pennsylvania, gains a bit more spectrum Created by MG3 on Mar 16, 2012

Verizon has made headlines with its plans to buy $3.6 billion worth of spectrum — and now the carrier has announced a much smaller acquisition. Cellular One of Northeast Pennsylvania is now under the Verizon umbrella after being purchased from US Cellular, and though financial terms weren't disclosed, the deal includes a spectrum license that covers 114,000 Pennsylvania residents. It may not be a lot, but when you're as spectrum-constrained as Verizon claims to be, every little bit helps. Those subscribers affected by the deal won't see any changes for a few months, but Verizon says it will eventually convert its new purchase to Verizon branding. That may also include changes to calling plan... »read more

More at: TheVerge Add additional source

Filed in: Verizon Wireless

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