T-Mobile to buy US wireless 4G spectrum for $308 million - deloachcrehose
T-Mobile said Friday that it has signed an agreement to buy 10MHz of Advanced Wireless Services (AWS) wireless spectrum from U.S. Cellular for $308 million in cash.
The spectrum is meant to improve and exposit T-Mobile's existing 4G LTE network reporting in the Mississippi Valley region, the party aforesaid in a news freeing.
The spectrum covers 32 jillio people in 29 markets—notably in St. Joe Louis, Nashville, Kansas City, Memphis, Lexington, Little Rock-North Capital of Arkansas, Birmingham, New Orleans and Louisville, T-Transplantable said.
The deal expands the network to set aside for a broader wander-out of 4G LTE, which gives customers a fleet, reliable 4G connection, and spurs competition, T-Mobile aforesaid.
Securing AWS spectrum is a rare opportunity that leave be put to use by both T-Mobile and MetroPCS users, T-Mobile aforesaid. The agreement with U.S. Cellular even so has to be approved past the U.S. Federal Communications Delegacy and the Department of Justice, it added.
The transaction is expected to close in the fourth quarter of this year, T-Rangy same.
T-Mobile completed the fusion with MetroPCS in May and said before in June that the migration of MetroPCS customers onto its network for 4G HSPA+ and LTE is ahead of schedule. The migration frees up spectrum for deployment of the new meshing, which provides faster data speeds for customers with HSPA+ and LTE miscible devices, T-Mobile said at the time.
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Source: https://www.pcworld.com/article/452676/tmobile-to-buy-us-wireless-4g-spectrum-for-308-million.html
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