Verizon selling 700MHz spectrum, but only if government approves its AWS purchase

Seems odd that Verizon would decide to sell off some of it's wireless spectrum considering it told the FCC that it doesn't have enough space for its future LTE needs. Yet Big Red's doing just that, pledging to pawn off its 700MHz A and B licenses should its purchase of AWS spectrum from a contingent of cable companies be approved by the FCC and DOJ. Why would Verizon do such a thing. It appears that the 700MHz upper C band (where VZW's LTE service currently resides) combined with the new AWS licenses will provide Big Red the bandwidth it needs.

Engadget

See also:
hitech, Verizon selling 700MHz spectrum, but only if government approves its AWS purchase