T-Mobile asks FCC to block Verizon spectrum buy

T-Mobile USA has urged the FCC to block the $3.9 billion sale of wireless spectrum by cable companies to Verizon Wireless on Tuesday. Possibly frustrated after its own deal with AT&T was denied, the provider argued the deal between Verizon, Comcast, Time Warner Cable, Bright House Networks, and Cox Communications would give Verizon an "excessive concentration" of wireless spectrum. Verizon is already the biggest cellphone company in the US, while T-Mobile is fourth largest.
Many companies have argued such large deals will make competition in the industry difficult, as it risks letting only the leader afford to offer faster download speeds and more data. MetroPCS, the fifth-biggest cellphone ... »read more

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