The spectrum covers AWS-3, AWS-1, and PCS licenses
The Federal Communications Commission (FCC) has approved Verizon's $1 billion acquisition of spectrum from Array Digital Infrastructure.
As part of the acquisition, Verizon is set to pick up AWS-3, AWS-1, and PCS licenses from Array, formerly UScellular, covering around eight percent of the US population.
– Getty Images
Verizon first announced the transaction back in October 2024.
The FCC said it has approved the deal, noting that the threat to cause "competitive harm" is low.
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