Verizon Close To A Deal To Buy Radio Wave Licenses

Reports coming out this morning say that Verizon is close to a deal to buy the radio-wave licenses of Northcoast, a company backed by Cablevision. This would help boost their number 1 position in the market, and give them much greater coverage and capacity in large markets such as New York and Boston. This would also hurt Cingular, the number 2 carrier, who is known for having poor coverage in the same areas.

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