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DISH urges FCC to reject Verizon-XO deal

DISH Network urging the FCC to reject VerizonCommunications Inc.'s proposed$1.8 billion acquisitionof XO Communications'fiber-optic network business and the carrier's proposed long-term spectrum leasedeal with XO unit Nextlink Wireless LLC.

In a petition filed with the FCC on May 3, DISH requested theagency to block the transactions on the grounds that the agreements will not onlygive Verizon a near-exclusive control of the 5G spectrum, but will also "eliminatecurrent and potential competition between Verizon and XO in the mobile backhaul(both wireless and fiber), Internet transit, and enterprise and wholesale markets."

Verizon Communications in February agreed to buy XO Communications'fiber-optic network business for about $1.8 billion.