From: Reuters
Published March 20, 2008 03:02 PM

Verizon Wireless wins C block in airwave auction

WASHINGTON (Reuters) - Verizon Wireless, a joint venture of Verizon Communications Inc <VZ.N> and Vodafone Group Plc <VOD.L>, won a nationwide wireless license known as the "C" block in a government auction, the U.S. Federal Communications Communication said on Thursday.

Verizon Wireless made a top offer of $4.74 billion for the C block spectrum, giving it control of a major piece of the airwaves being vacated by television broadcasters as they move to digital from analog signals in early 2009.

The FCC also said that AT&T <T.N> had won 227 licenses from among the "B" block of regional licenses.

(Reporting by Peter Kaplan; Editing by Leslie Gevirtz)


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