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Thursday, April 1, 2010

AT&T, Verizon blast FCC rules for proposed LTE network

Source: FierceWireless
AT&T and Verizon Wireless are bemoaning restrictions the FCC placed on spectrum leases for a proposed nationwide LTE network.

In approving the merger of SkyTerra and private-equity firm Harbinger Capital Partners Funds, the FCC also approved a provision--which had been sought by Harbinger--that requires SkyTerra to ask for approval before leasing capacity on the network to the "largest or second-largest wireless provider." AT&T and Verizon are also being forbidden from holding more than 25 percent of the spectrum.

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