Verizon’s $1 Billion Spectrum Deal Wins FCC Approval as 5G Capacity Race Tightens
The FCC approved Verizon’s $1 billion purchase of spectrum assets from Array Digital Infrastructure, formerly U.S. Cellular. The deal gives Verizon more licensed airwaves for mobile service. Rural carriers and consumer groups objected, but the FCC found little risk of competitive harm. The agency declined to require divestitures or roaming conditions.