Verizon to bolster 4G LTE network with $315 million Cox spectrum buy

Cox Communications on Friday announced an agreement that will see Verizon Wireless purchase its 20MHz AWS spectrum licenses for $315 million. Verizon announced a deal to acquire 122 AWS spectrum licenses from Comcast, Time Warner and Bright House earlier this month for $3.6 billion, and this new deal is similar in structure. Verizon Wireless and Cox will sell each other’s residential and commercial products as agents, and Cox may have the option to sell Verizon Wireless service as a wholesale partner in the future.�”These agreements provide Cox customers with key enablers to mobility, such as access to Verizon Wireless’ 4G LTE network and iconic wireless devices,” said Cox Communications�president Pat Esserin a statement. “We look forward to the many benefits

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