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DOJ launches probe into Verizon’s spectrum deal with big cable

Perhaps Verizon was a bit hasty in its decision to stop growing its FiOS TV and broadband Internet business in favor of wireless partnerships with big cable companies. U.S. regulators have launched a probe into Verizon’s recent wireless spectrum agreements,which could leave the largest wireless carrier walking away empty-handed.

Wireless carriers say the future looks “pretty good”

Major wireless carriers are satisfied with their current progress in evolving their networks to meet the needs of increasingly data-hungry customers, according to top executives from Sprint, AT&T and Verizon who participated in a panel at the CTIA Wireless 2011 convention in Orlando, Fla.