Verizon has gotten ok to buy out several cable companies

4 years ago

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For a total of $3.9 Billion American, Regulators and the Justice department have given Verizon the go ahead to buy out several Cable companies. But there are some conditions. FCC Chairman Julius Genachowski has given his approval to the deal with a few conditions. the conditions are that they limit the scope of their co-marketing and resale agreements. The full FCC will vote on the deal soon. Once they have the purchase will be allowed to happen.

Source link:$3.9b-bid-to-buy-cable-spectrum/

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