T-Mobile snags US Cellular frequencies in Mississippi Valley for USD308m

1 Jul 2013

T-Mobile US has confirmed that it will buy 10MHz of Advanced Wireless Services (AWS) spectrum from US Cellular for USD308 million in cash, bolstering its spectrum portfolio as it seeks to expand its Long Term Evolution (LTE) network using AWS frequencies. The spectrum in question covers a total of 29 markets in the Mississippi Valley region, including Kansas City, Louisville, Memphis, Nashville, New Orleans and St Louis. T-Mobile said the additional spectrum will allow it to launch ‘an incremental rollout’ of LTE network coverage to new markets. Meanwhile, US Cellular said it will partition and retain a portion of the licence covering its markets in Knoxville and eastern Tennessee ‘to meet future operating needs’.