Verizon CFO Fran Shammo has confirmed to Reuters that the carrier will consider selling its lower 700 MHz A Block spectrum to T-Mobile USA.
Shammo’s comments come after Reuters on Tuesday reported that T-Mobile had approached Verizon about acquiring the airwaves.
The possiblity that Verizon might be interested in unloading its A Block holdings shouldn’t come as much of a surprise to anyone.
During a talk at the Wells Fargo investor conference earlier this month, Shammo said that the chunk of A Block, which the company had tried to sell but later returned to its portfolio, has increased in value since the carriers reached agreement earlier this year on interoperability for those frequencies.
Verizon has repeatedly said that it will not hesistate to use deploy on the spectrum if it can’t get a fair price for it.
“With the technologies that are changing, different frequencies don’t bother us,” Shammo said during his talk last week at the investor conference.