Airwaves Deal With Pentagon Called Close by Broadcasters

U.S. broadcasters said they’re near an agreement to share frequencies with the Defense Department, a move that could help free airwaves for use by mobile providers led by Verizon Wireless and AT&T Inc.

Broadcasters and the military “were able to arrive at a framework,” Rick Kaplan, an executive vice president with the National Association of Broadcasters, said in a news conference today. The trade group is “very confident” details will be resolved, he said.