
Verizon and a consortium of cable companies have struck a deal with regulators to scale back their joint marketing arrangement to gain approval for their $3.9 billion wireless-spectrum deal, according to sources in a Wall Street Journal report. Verizon and the cable consortium — which includes Comcast, Time Warner Cable, and Bright House Communications — have supposedly agreed to terms put forth by the Department of Justice that will limit the joint marketing agreement to five years and will prevent Verizon and cable operators from reselling each other’s services in markets where their broadband, television, and phone services compete, according to unnamed sources in the Journal story. Read the full story at the CNET.