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T-Mobile to buy 700MHz A Block spectrum from CenturyLink subsidiary

13 Aug 2014

T-Mobile US has revealed in a filing with the Federal Communications Commission (FCC) that it is seeking approval to purchase 700MHz A Block licences from Actel, a wholly-owned subsidiary of fixed line operator CenturyLink. T-Mobile US, which is majority-owned by Deutsche Telekom, recently said it had entered into agreements to acquire A block spectrum from ‘multiple parties’ for approximately USD50.5 million. The Actel transaction involves the transfer of 13 spectrum licences (698MHz-704MHz and 728MHz-734MHz) covering markets in Alabama, Arkansas, Colorado, Florida, Georgia, Louisiana, Michigan, Missouri, Montana and New Mexico. Financial terms of the agreement were not disclosed. Last week it was reported that T-Mobile US had acquired a pair of additional A block concessions in the Midwest from a holding company known as ‘I-700 A Block’.

In April T-Mobile US completed a USD2.4 billion deal to buy Verizon Wireless’ surplus 700MHz A block spectrum, which will enable it to become a stronger competitor and offer improved services to its customers.

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