What is 700Mhz and why is it important?
Not so long ago the FCC forced all broadcast television stations to go digital as many will remember. The FCC took a portion of that newly vacated frequency and auctioned it to the highest bidder. Verizon was the winner of the only swath of nationwide frequency. They paid billions (check the FCC for actual amount). Verizon decided to use the LTE technology over this “beachfront property” 700Mhz spectrum nationwide for its first chance at a ubiquitous frequency service.