Verizon Wireless' proposal to buy unused airwaves from cable providers led by Comcast Corp. has enough votes to win regulatory clearance from the Federal Communications Commission, agency officials say.
The five-member agency's two Republican commissioners have cast electronic votes to approve the $3.6 billion deal, joining Democratic chairman Julius Genachowski, said two FCC officials who declined to be identified because the tally has not been made public. The agency's remaining two Democratic members have not yet cast their votes, the officials said.
On Thursday, the deal won antitrust approval from the U.S. Justice Department, which limited cooperation between Verizon, the largest U.S. wireless provider, and the cable companies selling airwaves, a group that includes No. 1 carrier Comcast and Time Warner Cable Inc., the second-largest carrier.