Verizon, Comcast Defend Spectrum-Purchase Plan

Verizon Communications Inc. and Comcast Corp. executives defended Verizon's proposal to buy airwaves from cable companies for $3.6 billion, arguing at a Senate hearing Wednesday that it wouldn't hurt competition and would improve Verizon's wireless service.

Source: http://allthingsd.com/20120322/verizon-comcast-defend-spectrum-purchase-plan/

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