Verizon wants more spectrum for you

Marc Sanchez Mar 6, 2012

That’s Verizon’s version of the story, anyway, revealed a recent letter filed with the Federal Communications Commission. Verizon says getting more spectrum, the pipes that carry our wireless data, is nearing critical stages in some areas of the country. The Wall Street Journal is reporting:Verizon ‘faces spectrum constraints in its network in some areas as early as 2013 and in many more by 2015,’ according to the filing.” After its failed merger with T-Mobile last year, which would have yielded a spectrum bonanza, Verizon decided to buy some of this wireless “gold” from a few cable companies who conveniently had some lying around, unused.

Reactions from just about every other wireless carrier are most definitely on the other side of the (ahem) spectrum. If the FCC approves the Verizon sale, along with upcoming spectrum auctions that were promised as part of the just-passed payroll tax cut extension, other carriers fear Verizon’s number one status will put a strangle hold on the rest, further hurting you, dear readers, in the pocketbook.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.