Verizon Wireless' (VZ, VOD) offer to sell some 700 MHz. spectrum in exchange for regulatory...

|About: Verizon Communications (VZ)|By:, SA News Editor

Verizon Wireless' (VZ, VOD) offer to sell some 700 MHz. spectrum in exchange for regulatory approval of its controversial spectrum purchase/reseller deals with cable providers might not amount to much: the spectrum is incompatible with current Verizon phones, only covers smaller markets, and could interfere with TV channel 51. Rival nationwide carriers are unlikely to show much interest.