T-Mobile Acquires 10MHz of 4G LTE Spectrum from U.S. Cellular for $308 Million

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News Posted: Fri, Jun 28 2013 12:50 PM
It wasn't just lip service when T-Mobile re-branded itself as the "Un-carrier," the wireless outfit is making an honest-to-goodness effort to get on par with and perhaps one day surpass the competition. For that happen, fleshing out its 4G LTE network is paramount, and T-Mobile is working on doing just that. In fact, T-Mobile just spent $308 million in cash acquiring 10MHz of Advanced Wireless Spectrum (AWS) from U.S. Cellular.

The acquired spectrum covers a total of 32 million people in 29 markets in the Mississippi Valley region, including St. Louis, Nashville, Kansas City, Memphis, Lexington, Little Rock-North Little Rock, Birmingham, New Orleans, and Louisville. T-Mobile says the additional spectrum will allow for an incremental roll-out of its 4G LTE network coverage to new markets, while expanding existing coverage in the Mississippi Valley region.

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"In today’s marketplace, spectrum is gold,"said John Legere, President and CEO of T-Mobile. "This is a rare opportunity to secure precious AWS spectrum in key markets that will immediately be put to use by both T-Mobile and MetroPCS customers. This deal expands our network and capacity, allowing for a broader roll-out of 4G LTE and an even faster and more reliable 4G experience for our customers – in addition to spurring competition in the wireless marketplace."

T-Mobile merged with MetroPCS in May of this year. Earlier this month, T-Mobile said it was well ahead of schedule in making its HSPA+ and LTE networks compatible with devices available to MetroPCS customers.

The deal for the additional spectrum is subject to FCC approval and expected to close in the fourth quarter.
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WillShore replied on Mon, Jul 1 2013 12:37 AM

T-Mobile coming up lol

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