The FCC, acting at Verizon’s request, agreed to...
The FCC, acting at Verizon’s request, agreed to drop conditions imposed on various transactions involving Verizon Wireless due to Verizon Wireless’s then-partial foreign ownership by the U.K.’s Vodafone. Verizon had told the FCC the conditions were no longer relevant since…
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Verizon now owns all of its wireless subsidiary. The agency agreed “that a material change in circumstance has occurred and that the basis for these conditions no longer exists,” said a Wednesday order from the Wireless and International bureaus (http://bit.ly/1BA7klV). In February, Verizon completed a $150 billion deal to buy out Vodafone’s 45 percent of Verizon Wireless.