FOR IMMEDIATE RELEASE
April 18, 2012
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Dennis Wharton
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NAB Statement on Verizon's Proposed Spectrum Sale

WASHINGTON -- In response to Verizon's announcement today that it would sell its 700 MHz A and B spectrum licenses contingent on government approval of its pending purchase of spectrum from SpectrumCo, NAB Executive Vice President of Communications Dennis Wharton issued the following statement:

"Today's proposal by Verizon to sell reallocated broadcast TV spectrum involves airwaves in the largest urban markets in America that it purchased more than four years ago. The fact that it has warehoused this 'beachfront property' raises the fundamental question of whether a spectrum shortage actually exists. Rather than simply take at face value the specious claims of wireless broadband providers, policymakers should heed the words of Martin Cooper, the inventor of the cellphone, who disputes the notion of a spectrum crisis."

About NAB
The National Association of Broadcasters is the premier advocacy association for America's broadcasters. NAB advances radio and television interests in legislative, regulatory and public affairs. Through advocacy, education and innovation, NAB enables broadcasters to best serve their communities, strengthen their businesses and seize new opportunities in the digital age. Learn more at www.nab.org.

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