Following AT&T’s failed attempt to acquire T-Mobile USA from Deutsche Telekom for $39 billion, AT&T had to pay a lofty break-up fee as per the terms of its agreement. AT&T’s related expenses totaled $4 billion, and included in that sum was the transfer of AWS spectrum licenses to T-Mobile in 128 different markets

Cox Communications on Friday announced an agreement that will see Verizon Wireless purchase its 20MHz AWS spectrum licenses for $315 million. Verizon announced a deal to acquire 122 AWS spectrum licenses from Comcast, Time Warner and Bright House earlier this month for $3.6 billion, and this new deal is similar in structure. Verizon Wireless and Cox will sell each other’s residential and commercial products as agents, and Cox may have the option to sell Verizon Wireless service as a wholesale partner in the future.