Clear Talk acquires ten 700MHz B-block licences from Verizon

29 Nov 2012

Verizon Wireless has agreed to sell a total of ten 700MHz B-block licences to regional mobile operator Clear Talk for an undisclosed sum. The concessions cover approximately 2.1 million potential customers across five markets in Texas, as well as selected markets in Maryland, Georgia, Florida, Nevada and New Mexico. According to the company website, Clear Talk currently offers wireless services in parts of South Carolina, Arizona, Colorado, Texas, Tennessee and California.

In August this year Verizon indicated that as many as 64 companies had expressed an interest in buying its 700MHz Lower A and B Block spectrum. The mobile giant deemed the frequencies surplus to requirements, and sought to offload them as soon as the FCC formally approved its long-running USD3.9 billion purchase of a nationwide allocation of AWS spectrum from SpectrumCo, a joint venture between cablecos Comcast Corporation, Time Warner Cable and Bright House Networks.

United States, Verizon Wireless