Tag Archives: Spectrum

T-Mobile announces plans to sell $1.8 billion in stock to invest in more spectrum

Late yesterday evening T-Mobile announced a plan to sell common stock. In all, the company hopes to sell up to $1.8 billion worth of stock, or 66.15 million shares. The idea isn’t just to sit on a nice pile of money, instead it hopes to reinvest the money in to “capital investments, enhancing its financial flexibility and opportunistically acquiring … [read full article]

T-Mobile, AT&T File Application With FCC For Spectrum Swap

The FCC announced yesterday that AT&T and T-Mobile have filed an application to swap PCS (1900 MHz) licenses and one AWS (1700 MHz) license. According to the report, the two companies would exchange equal amounts of spectrum in 35 markets with AT&T gaining spectrum in 12 markets. In another 8 markets, T-Mobile would gain 5-10 MHz of PCS spectrum. Along with that, T-Mobile would … [read full article]