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By Jasmin Melvin – Sprint Nextel Corp (S.N), DirecTV (DTV.O) and others asked U.S. communications regulators on Tuesday to suspend their 180-day clock for reviewing proposed multi-billion dollar airwaves deals between Verizon Wireless and several cable operators.
The Federal Communications Commission is on the 96th day of its review of Verizon Wireless’s plan to buy about $3.9 billion worth of wireless airwaves from cable companies including Comcast Corp (CMCSA.O) and Time Warner Cable Inc (TWC.N).
The cable operators would be allowed to resell Verizon’s mobile service as part of the deals. Verizon Wireless is a venture of Verizon Communications (VZ.N) and Vodafone Group Plc (VOD.L).
Verizon rivals Sprint, Deutsche Telekom AG‘s (DTEGn.DE) T-Mobile USA and MetroPCS Communications (PCS.N), have all complained to the FCC about the bigger company’s cable deal on concerns that it would give too much market power to the already dominant company. more> http://is.gd/n1dCHe
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