Verizon Wireless to Buy NextWave Licenses (AP) AP - Verizon Wireless is buying cellular capacity for 23 markets from bankrupt NextWave Telecom Inc. for  #36;3 billion, ending the government's long tug-of-war over the never-used licenses and bolstering Verizon against a big new rival created by the merger of Cingular Wireless and AT amp;T Wireless.