WASHINGTON – On Thursday, the Department of Justice announced that it would allow Verizon’s deals to buy spectrum from a consortium of the nation's largest cable companies to move forward. FCC Chairman Julius Genachowski also announced he would circulate an order approving the deal to the other four commissioners for a vote.
In its consent decree, the DoJ placed limits on Verizon and SpectrumCo’s deals to cross-market each other’s services.