Is Verizon exiting the mmWave game? [telecom]

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By Joe Dyton

Carrier's recent millimeter wave spectrum license sale raises questions if it's shifting its 5G deployment strategy.

GeoLinks, a California-based telecommunications company, recently announced it purchased 208 Local Multipoint Distribution Service (LMDS) band spectrum licenses from Verizon. The licenses will cover markets throughout the United States. Once the Federal Communications Commission (FCC) approves the acquisition, GeoLinks will be the largest LMDS license holder in the 29/31 Ghz bands.