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Verizon Communications : Launches $25 Billion Bond Sale to Pay for 5G Spectrum -- Update


By Nina Trentmann
Verizon Communications Inc. is raising $25 billion in new debt to help it settle a bill for spectrum licenses coming due this month.
The cellphone carrier in February won more than half of the wireless airwaves offered in a U.S. government auction and pledged $45.5 billion for them, plus roughly $8 billion in additional clearing payments to help existing license users move to other bands. The new spectrum rights could help Verizon expand the reach and bandwidth of its fifth-generation wireless offering.
Verizon paid a first installment of $8.2 billion to the Federal Communications Commission on Wednesday, and will use the proceeds of the bond sale launched Thursday to pay the roughly $36.4 billion owed to the FCC by March 24, Chief Financial Officer Matthew Ellis said. ....

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Welcome To IANS Live - TopStory - As it prepares to appeal against Cairn arbitration order, Govt open to settle matter

Sources in the know of the matter said that Cairn is talking to the Indian government but is yet to respond based on discussions. If they come on board for a negotiated settlement within the country s existing legal framework which includes the direct tax resolution of Vivad Se Vishwas scheme, sources said that the government is still willing to settle the matter.The ....

United States , New Delhi , Cairn Energy , News Service , India Private , All Rights , ஒன்றுபட்டது மாநிலங்களில் , புதியது டெல்ஹி , கெய்ன் ஆற்றல் , செய்தி சேவை , இந்தியா ப்ரைவேட் , அனைத்தும் உரிமைகள் ,

Welcome To IANS Live - BUSINESS - As it prepares to appeal against Cairn arbitration order, Govt open to settle matter

Sources in the know of the matter said that Cairn is talking to the Indian government but is yet to respond based on discussions. If they come on board for a negotiated settlement within the country s existing legal framework which includes the direct tax resolution of Vivad Se Vishwas scheme, sources said that the government is still willing to settle the matter.The ....

United States , New Delhi , Cairn Energy , News Service , India Private , All Rights , ஒன்றுபட்டது மாநிலங்களில் , புதியது டெல்ஹி , கெய்ன் ஆற்றல் , செய்தி சேவை , இந்தியா ப்ரைவேட் , அனைத்தும் உரிமைகள் ,