Back in January, T-Mobile scored a deal with Verizon to swap some cash, AWS spectrum, and PCS spectrum for a number of Verizon’s 700MHz A-block licenses.
With T-Mobile's licenses plus $2.36 billion in cash, it works out to an aggregate value of roughly $3.2 billion. The deal expands T-Mobile’s “low band” spectrum holdings to 9 of the top 10, and 21 of the top 30 markets in the US.
The markets where T-Mobile is gaining 700MHz spectrum include Detroit, Atlanta, Dallas, Houston, Los Angeles, New York City, Philadelphia, and Washington, DC. This “low band” spectrum is high-value ...
via PhoneArena - News http://ift.tt/1mOLQN1
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