Sprint's and T-Mobile's plea to the FCC: Investigation of Verizon's plan to purchase spectrum licenses lacks important info

Late last year, Verizon Wireless stated that it would spend $3.6 billion purchasing spectrum licenses from Comcast Corp., Time Warner Cable Inc., Bright House Networks and Cox Communications. The Federal Communications Commission (FCC) was not deaf to this announcement and neither was the Senate nor the Justice Department. Verizon was required to hand over necessary documents to the FCC, but Sprint and T-Mobile are convinced that Verizon left out some important information that shows their true colors of anti-competitiveness. So now, they have petitioned the FCC to stop the investigation, which is to last 180 days. Sprint, T-Mobile and also the Rural Telecommunications Group and Direct TV asked the FCC to wait and demand more documents from Verizon.