Verizon Nabs Most Valuable 700Mhz Spectrum

The FCC today announced the winners of the 700Mhz auction, and not too surprisingly, Verizon Wireless came out as the auction's biggest winner, nabbing a significant portion of the treasured C-Block spectrum. That spectrum was considered the last great chunk of wireless real estate, and some (including search giant Google) had hoped it could be used to build a network that would rival those of incumbents AT&T and Verizon.

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