Verizon Wireless (NYSE:VZ) agreed to sell a huge chunk of its Lower 700 MHz B Block spectrum to AT&T Mobility (NYSE:T) for $1.9 billion.
Read moreWhat runs 700 MHz?
1.3 The 700 MHz band is currently used for DTT, and other services sharing spectrum with it, including Programme Making and Special Events services (PMSE) . In the near future this spectrum is also expected to be used for Local TV and new applications based on white-space technology.
Read more