Verizon Wireless said Fri. it plans to hold its long- awaited IPO...

on advertising and marketing of several products and services and information on billing practices. Carrier said it had provided documents and other requested information. “We cannot predict whether this inquiry will continue and, if it does, what impact, if any, it may have on our business practices or results of operations,” company said. Reuters reported Fri. that Sprint PCS had received similar inquiry and was providing information. Amended registration statement, which is first time that Verizon Wireless has updated its prospectus for IPO since it was filed in Aug. 2000, describes risks typical in such filings. Filing came as Verizon and other carriers were in homestretch of negotiations with govt. and NextWave over latter’s PCS licenses. Verizon Wireless had won thsy spectrum in Jan. re- auction before U.S. Appeals Court, D.C., overturned results in summer. “If we are not awarded all of the spectrum licenses we won in the auction, we will need additional spectrum in some of our most densely populated markets to meet anticipated demand within the next 3 years,” filing said. “The acquisition of the 1900 MHz spectrum, while it would help us to meet our shorter term spectrum needs, would still leave a longer term capacity risk.” Earlier plans for Verizon’s IPO had entailed its raising nearly $5 billion.