T-Mobile closes 2.4 billion wireless spectrum deal with Verizon

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Thursday, 01 May 2014

T-Mobile closes 2.4 billion wireless spectrum deal with Verizon


T-Mobile has been working for the last several months on closing a deal with Verizon for additional wireless spectrum. They have finally closed the deal with Verizon to purchase part of their unused 700Mhz Spectrum to help boost coverage in areas that currently only support 2G access. In the past T-Mobile has been known as an urban carrier because their 1700/2100Mhz frequency requires too many towers in rural areas to provide robust coverage. Now that they have 700Mhz spectrum they can start launching 4G speeds in rural areas without deploying a ton of cell towers. T-Mobile plans to have their network completely upgraded to 4G LTE by the mid part of 2015, but customers should notice improvements by the end of this year.

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