FCC 700MHz Auction Winners: Verizon Wins C BlockS

Just as we had suspected all along, Verizon has officially won the open access C block of the 700MHz spectrum. AT&T walked away with a nice-sized chunk, too—227 regional licenses that'll nicely patch up the holes not covered by the huge swath they bought from Aloha Partners last year. The 700MHz band is spectacularly suited for use as a wireless broadband network—perfect for Verizon and AT&T's upcoming 4G networks, both of which are LTE-based. For more details, check our handy-dandy 700MHz auction guide, which tells you everything you need to know. [Reuters, Thanks Yoshi]