Verizon Completes Buyout of Qwest Licenses, Network

Summary


Verizon Wireless, which has several hundred employees at a West Valley call center, and Qwest Communications International Inc. have completed Verizon's purchase of Qwest Wireless' spectrum licenses and certain network assets.

The $418 million deal was announced last July. Verizon said the licenses will increase its capacity in key existing markets as well as expand the company's network into new markets.

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Extract


Verizon Completes Buyout of Qwest Licenses, Network

The agreement includes spectru...

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