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T-Mobile US looking to buy airwaves from Verizon - report

2013-11-20 14:57:00| Telecompaper Headlines

(Telecompaper) T-Mobile US is taking steps to improve its mobile network capacity with wireless airwaves it is looking to purchase from Verizon Wireless, a source familiar with the matter said on 19 November, reported Reuters. The process is in its early stages, but it has been confirmed that T-Mobile has approached Verizon about buying spectrum, according to the source, who asked not to be named. The source was not authorised to discuss the matter. T-Mobile US may pay up to USD 3 billion for the airwaves, which are not currently being used by Verizon, according to one analyst estimate.

Tags: report buy verizon airwaves

Category:Telecommunications

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