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T-Mobile to buy spectrum licenses from Verizon
2014-01-06 15:41:20| IT Services - Topix.net
Mobile said Monday that it's reached deals to buy spectrum licenses from Verizon Wireless for $2.37 billion in cash, allowing it to improve certain kinds of cellular service in markets across the U.S. The agreements also include the transfer of other kinds of spectrum licenses from T-Mobile to Verizon Wireless that the companies value at about $950 ... (more)
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T-Mobile to buy spectrum licenses from Verizon Wireless
2014-01-06 15:41:19| IT Services - Topix.net
T-Mobile US Inc said it would buy spectrum licenses from Verizon Wireless for about $2.4 billion in cash to improve its high-speed wireless services in the United States.
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T-Mobile buys 700 MHz spectrum from Verizon for USD 2.4 bln
2014-01-06 13:44:00| Telecompaper Headlines
(Telecompaper) T-Mobile US has agreed to buy additional spectrum in the 700 MHz band from Verizon Wireless for USD 2.365 billion cash and a swap of other frequencies. Verizon will gain AWS and PCS spectrum worth around USD 950 million as part of the deal. T-Mobile already holds spectrum in the same 'A block' of the 700 MHz band in Boston and the deal with Verizon gives it the important low-band spectrum in nine of the top ten and 21 of the top 30 markets in the US. In total, T-Mobile will have low-band spectrum covering 158 million people, including New York, LA, Dallas, Houston, Philadelphia, Atlanta, Washington DC and Detroit. The company aims to deploy the new spectrum as early as the fourth quarter of 2014. Also, as part of the transaction, the two companies will realign spectrum blocks in certain markets, primarily in northern California and the Atlanta area. The agreements are subject to approval by the Federal Communications Commission and the Department of Justice and are expected to close in mid-2014.
Telefonica wins LTE spectrum in Slovakia for EUR 40 mln
2014-01-06 12:44:00| Telecompaper Headlines
(Telecompaper) Telefonica announced that it has won spectrum in the 800 and 1,800 MHz bands in Slovakia for a total price of EUR 40.3 million. While the Slovak regulator has yet to comment on the outcome of the recent auction, press reports in Slovakia said the auction finished at the end of 2013, and four operators are thought to have won frequencies. Telefonica said in a statement that it won two blocks in the 800 MHz band, good for a total 10 MHz, and one block of 0.6 MHz in the 1,800 MHz band. This will allow the operator to roll out a nationwide LTE network. It already started testing LTE in select areas in 2012. The other two mobile operators in Slovakia, Orange and T-Mobile, have yet to comment on the auction results, while Swan Telecom is reportedly the fourth operator to win spectrum in the auction.
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T-Mobile US to pay $2.4 billion for Verizon spectrum
2014-01-06 01:00:00| Total Telecom industry news
U.S. mobile operators shuffle spectrum holdings; T-Mobile aims to start using new 700-MHz spectrum by Q4.
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