Verizon on Friday sought to claim an edge over AT&T by buying Advanced Wireless Spectrum (AWS) licenses from cable companies. The $3.6 billion purchase will see it get 122 licenses for the often 1,700MHz or 2,100MHz bands from SpectrumCo, a team-up between Bright House, Comcast, and Time Warner Cable. Each company gets a sum directly relevant to its stake, at $2.3 billion for Comcast, $1.1 billion for Time Warner Cable, and $189 million for Bright House.
