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Verizon acquires two minor regional carriers for its spectrum needs

Verizon Wireless

Verizon Wireless has been busy acquiring small time regional carriers across the U.S. to increase its spectrum. We recently saw the carrier acquire spectrum from Cincinnati Bell. And now, the carrier is looking to snatch spectrum from California based Golden State Cellular and Mobi PCS from Hawaii.

Verizon has already filed the necessary documentation with the FCC for the acquisition to go through. Of course, the buyout is yet to be approved by FCC, but we don’t see it facing any authoritative hurdles as there’s no conflicts involved.

The acquisition of California’s Golden State Cellular will give VZW control over its assets, spectrum as well as subscribers from the counties of Amador, Alpine, Calaveras, Tuolumne and Mariposa in California. From Mobi PCS in Hawaii, Verizon will attain the 20-30 MHz spectrum and eventually lend 10 MHz spectrum back to help Mobi PCS gradually exit the mobile market.

Golden State Cellular has over 18,000 customers in the region who will be switched over to Verizon in about 15 months post the closing of the deal.

Source: Fierce Wireless

Via: Phone Scoop

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