T-Mobile announced that they were planning to purchase some of Verizon’s 700MHz A-Block spectrum in $3.3 billion deal. This will ensure better nationwide coverage for T-Mobile customers because the lower frequency band will make deployment to suburbs and rural areas easier because the 700Mhz band has better penetration requiring fewer towers to cover a wider area. In the deal T-Mobile will also be transferring about $950 million worth of spectrum to Verizon in several markets where they need to deploy AWS LTE for additional bandwidth.
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