Tag Archives: AWS-3

T-Mobile to raise new debt in order to purchase AWS-3 spectrum at auction?

In a press release yesterday, T-Mobile announced that it would be seeking to raise new debt, to raise cash for general corporate purposes. Although the earlier release didn’t state how much was going to be raised, a further announcement was made later yesterday evening which did.  “T-Mobile USA, a wholly-owned subsidiary,has agreed to sell $1,300,000,000 aggregate principal amount of 6.000% … [read full article]