Clear Talk Signs Agreement to Purchase Lower 700 MHz Spectrum Licenses

Clear Talk, a wireless service provider with operations in multiple states, signed an agreement to acquire from Verizon Wireless 10 lower 700 MHz B-block licenses covering five markets in Texas as well as markets in Maryland, Georgia, Florida, Nevada and New Mexico.

The 10 markets have a population of 2.1 million. The purchase is subject to Federal Communications Commission approval. The agreement with Clear Talk is the third to be signed in as many weeks as a result of Verizon Wireless’ previously announced sale process for its lower 700 MHz spectrum licenses. Nortex Communications in Texas and Panhandle Telecommunications Systems in Oklahoma were the first two companies to sign agreements.