Verizon Plan to Acquire Straight Path Draws Fire

摘要

A handful of companies and groups have filed petitions to reject or place conditions upon approval of Verizon Communications, Inc.'s, plan to acquire Straight Path Communications, Inc., for $3.1 billion (TR, June 1). The deal includes 735 millimeter wave (mmW) spectrum licenses in the 39 gigahertz band; 133 licenses in the LMDS (local multipoint distribution service) bands (28 GHz, 29 GHz, and 31 GHz bands); nine common carrier point-to-point microwave licenses; and one nonexclusive nationwide license in the 3650-3700 megahertz band.