Verizon snaps up $3B in spectrum

Nov 04 - 11:52 PM ET | Verizon Wireless

Verizon Wireless today announced the purchase of NextWave's PCS spectrum licenses, in 23 markets around the country, for $3.0 billion. The 10 and 20 MHz licenses, in the 1.9 GHz PCS frequency range, cover a population of 73 million people. The purchase price equates to $2.85 per MHz POP.

A list of all markets included in the sale is after the jump.

Spectrum licenses for 20 MHz in:

  • New York, N.Y.
  • Washington, D.C.
  • Boston, Mass.
  • Baltimore, Md.

Spectrum licenses for 10 MHz in:

  • Los Angeles, Calif.
  • Philadelphia, Pa.
  • Detroit, Mich.
  • Denver, Colo.
  • Portland, Ore.
  • Tulsa, Okla.
  • Greenville, S.C.
  • Madison, Wis.
  • Columbia, S.C.
  • Springfield, Mass.
  • Corpus Christi, Texas
  • Daytona Beach, Fla.
  • Provo, Utah
  • Atlantic City, N.J.
  • Dover, Del.
  • Ocala, Fla.
  • Janesville, Wis.
  • El Centro, Calif.
  • Pittsfield, Mass.

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