Most Read: Business

 Last Update: : AM 04/19/2015(NASDAQ&DJIA)

World Markets from      


Other Market Data from      


Key Rates from      


Blog Contributors

Timothy B. Lee

Timothy B. Lee

Timothy B. Lee covers technology policy, including copyright and patent law, telecom regulation, privacy, and free speech. He also writes about the economics of technology. He has previously written for Ars Technica and Forbes. You can follow him on Twitter or send him email.

Brian Fung

Brian Fung

Brian Fung covers technology for The Washington Post, focusing on electronic privacy, national security, digital politics and the Internet that binds it all together. He was previously the technology correspondent for National Journal and an associate editor at the Atlantic. His writing has also appeared in Foreign Policy, Talking Points Memo, the American Prospect and Nonprofit Quarterly. Follow Brian on Google+ .

Andrea Peterson

Andrea Peterson

Andrea Peterson covers technology policy for The Washington Post, with an emphasis on cybersecurity, consumer privacy, transparency, surveillance and open government. She also delves into the societal impacts of technology access and how innovation is intertwined with cultural development.

Post Tech
About / Where's Post I.T.?   |    Twitter  |   On Facebook  |  RSS RSS Feed  |  E-Mail Cecilia
Posted at 04:58 PM ET, 03/08/2012

FCC asks Verizon, cable companies for more information on spectrum deal

This post has been updated.

The Federal Communications Commission asked Verizon, SpectrumCo — a group comprised of Comcast, Time Warner and Bright House — and Cox to submit more information on their proposed agreement for spectrum, including their commercial deals to cross-sell certain products.

Comcast, Time Warner and Bright House were also asked for information, individually.

The companies say that commercial agreements have “no bearing” on the spectrum deal’s effect on the public interest, but critics of the proposal say they should be considered as part of the same transaction.

In a statement, FCC spokesman Neil Grace said that the commission “has concluded that portions of the commercial agreements are inseparable from the proposed license transfer and related wireless competition issues.”

The FCC said that those parts of the commercial deal will be examined with the license transfer proceeding, and that “[the] additional competitive implications of the commercial agreements are being reviewed in a separate inquiry.”

Andrew Schwartzman policy director of the Media Access Project, said, “At first glance, this is an extremely important development.  Those of us who have opposed the transaction have argued that it is not possible to ascertain the potential anti-competitive impact of the cable industry's deal with Verizon without the information that refused to disclose.”

In a statement, Comcast spokeswoman Sena Fitzmaurice said that the company will cooperate with the FCC’s review.

“We have presented compelling evidence that SpectrumCo’s proposed sale of spectrum to Verizon Wireless will promote the public interest by transferring spectrum to a company that will efficiently put it to use to meet consumers’ increasing demand for broadband mobility, consistent with the Commission’s, Congress’,  and the Administration’s policy goals, and that the commercial agreements provide substantial consumer benefits without any reduction in competition,” the statement said.

By  |  04:58 PM ET, 03/08/2012

Read what others are saying

    © 2011 The Washington Post Company