Verizon (VZ) Nears Agreement to Sell Airwaves to T-Mobile (TMUS)
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T-Mobile (TMUS), Verizon (VZ) Enter $3.32B Spectrum Deal
January 6, 2014 7:05 AM ESTT-Mobile US, Inc. (NYSE: TMUS) said its wholly-owned subsidiaries T-Mobile USA, Inc. and T-Mobile License, LLC have signed agreements to purchase certain 700 MHz A-Block spectrum licenses from Verizon Wireless (NYSE: VZ) for $2.365 billion in cash and the transfer of certain AWS and PCS spectrum licenses, which have an aggregate estimated value of approximately $950 million. The transactions, combined with T-Mobiles existing A-Block holdings in Boston, will result in T-Mobile having important low-band spectrum in 9 of the top 10 and 21 of the top 30 markets across the United... More
T-Mobile (TMUS), Sprint (S) Not in Talks - CNBC's Faber
December 16, 2013 9:20 AM ESTT-Mobile US, Inc. (NYSE: TMUS) and Sprint (NYSE: S) are not in talks about a potential merger, according to CNBC's David Faber.
Shares of T-Mobile are lower in early trading, while Sprint is in positive territory Monday.... More
