Is Verizon looking to offload LMDS spectrum holdings? [telecom]

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by Bevin Fletcher

Verizon looks like it could be selling of the remainder of its LMDS millimeter wave licenses to fixed wireless service provider Etheric Networks.

Information from Etheric said the agreement involves 20 LMDS (Local Multipoint Distribution Service) band licenses, pending FCC approval. Markets include cities in California, New Mexico, Colorado, Utah, Arizona, Washington, and Oregon. It reflects a total of MHz/POP of 12,508,914,900.