T-Mobile, Verizon sign spectrum deal to grow 4G network

Verizon Wireless and T-Mobile signed an agreement covering a range of AWS spectrum swaps and sales that should improve 4G coverage for both companies.
While the deal concerns various AWS spectrum exchanges between both carriers, the net result will be improved spectrum holdings for T-Mobile in 15 of the county's top 25 markets and reaching 60 million customers.
Verizon will gain holdings that cover 22 million customers, as well as an undisclosed cash payment from T-Mobile.
"This agreement will provide T-Mobile with critical AWS spectrum, enhancing both network capacity and performance and allowing us to meet the growing consumer demand for 4G mobile broadband," T-Mobile CEO and President Phi... »read more

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