BASKING RIDGE, NJ — Verizon Wireless announced today it has purchased a wireless spectrum license from Alpine-Monterey F, Inc. for $4.5 million. The license covers the Salinas-Monterey area in northern California.
The company purchased the license to add capacity to its wireless network and meet the growing demand for its services in the area. The license covers a population of 426,000 people.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 57 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 60,000 employees nationwide. The company is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.