text: Verizon And Cingular Gobble Up Spectrum; Stay Ahead Of Pack (Investor's Business Daily) Investor's Business Daily - Verizon Wireless has agreed to buy NextWave Telecom's spectrum licenses in 23 markets for  #36;3 billion in cash as the nation's two regional Bell-owned wireless firms -- Verizon and Cingular -- gobble up the airwaves.