TMUS - T-Mobile Expands Network Horizons: Acquiring Comcast Airwaves in $3.3B FCC-Backed Deal | Benzinga
T-Mobile US Inc (NASDAQ: TMUS) looks to acquire Airwaves from Comcast Corp (NASDAQ: CMCSA) in a cash deal worth $1.2 billion - $3.3 billion, with plans to close the purchase by 2028 pending approval from the U.S. Federal Communications Commission (FCC).
The move will bolster the second-largest U.S. wireless carrier's network capabilities, especially in New York City, Orlando, and Kansas City.
The low-band 600-megahertz spectrum can cover larger areas and penetrate walls and windows more effectively than higher frequencies, Bloomberg reports.
Also this week, the leading ...