T-Mobile Nearing Spectrum Purchase from Clearwire
Bloomberg today reported that T-Mobile is close to purchasing spectrum from WiMax provider Clearwire. Bloomberg cites two unnamed sources who claim that the deal could be completed before the end of the first quarter. Clearwire has been searching for ways to raise capital. It has a large amount of spectrum holdings. T-Mobile has been searching for a way to obtain more spectrum to better compete with AT&T, Sprint and Verizon Wireless. In a statement made in January, T-Mobile said, "Deutsche Telekom is exploring various options to acquire additional spectrum and reduce the gap regarding economies of scale compared with its larger competitors, including partnering with other companies." According to Bloomberg's sources, the auction for Clearwire's spectrum was to close at the end of January, but because Deutsche Telekom is the only bidder, the auction has been extended. T-Mobile will likely use proceeds from the sale of its cellular towers to finance the spectrum purchase. T-Mobile would use the spectrum for a Long Term Evolution 4G network.
Masayoshi Son Would Consider Selling Sprint Spectrum
SoftBank CEO and Sprint Chairman Masayoshi Son indicated he'd be willing to sell some of the company's 2.5GHz spectrum assets to keep Sprint funded. Sprint gained a massive amount of 2.5GHz spectrum holdings when it purchased Clearwire.
T-Mobile Parent to Wait for Auction's End to Shop Uncarrier
Deutsche Telekom, the parent company of T-Mobile US, will not pursue any mergers or acquisitions for the Uncarrier while the FCC is holding its incentive spectrum auction. The information comes from unnamed sources cited by Reuters.
Sprint to Sit Out AWS-3 Auction
Sprint today confirmed that it will skip an upcoming spectrum auction. "Sprint has decided not to participate in the FCC's AWS-3 auction, but will continue to evaluate the opportunities presented by the upcoming 600MHz incentive auction," said Sprint spokesman Jeffrey Silva to Bloomberg.
T-Mobile Seeking Funds, Will Sell Stock
T-Mobile today said it intends to raise capital by selling up to 17.4 million shares in stock. T-Mobile said it will use the proceeds from the sale for "general corporate purposes, including capital investments and acquisition of additional spectrum." T-Mobile said the money won't be used for the AWS-3 spectrum auction, which is taking place right now.
FCC Likely to Side with AT&T and Verizon in Spectrum Fight
The FCC is close to making a final decision regarding how much spectrum to set aside for smaller carriers in next year's 600MHz auction and T-Mobile isn't going to be happy. The FCC has already set aside 30MHz of the airwaves in question for smaller carriers, thereby limiting how much spectrum AT&T and Verizon — the nation's two largest carriers — can acquire.
Multiple LTE Frequencies
The beauty though is once phones are LTE only, it won't be that hard to build one with multiple frequencies.
I wonder if...
Just food for thought.
T-Mobile is gonna get in bed with Sprint. Sprint sold off part of their company to Clearwire, and Clearwire is who makes their 4G networ, right? T-Mobile stated "...including partnering with other companies"