T-Mobile And Verizon Announce Wireless Spectrum Swap Worth $2.4 Billion

AppAdvice
By Bryan M. WolfeJan 6, 2014, 11:03 am182 pts
T-Mobile is buying airwaves from Verizon Wireless for about $2.4 billion in cash as part of a spectrum swap. The deal should improve service in areas for both companies, according to Bloomberg. The deal calls for T-Mobile, the fourth-largest carrier in the U.S., to receive 700-megahertz A-block spectrum…

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