A PYMNTS Company

US: T-Mobile builds a backup plan

By  |  June 18, 2014

Fourth place wireless operator T-Mobile is reportedly preparing a backup plan should its alleged plans to merge with third-place rival Sprint fall through.

T-Mobile is said to be eying spectrum from smaller competitors, an unnamed source said, even though the company would likely be forced to divest some of it if the Sprint merger succeeds. Reports say T-Mobile is looking to acquire low-band spectrum, which is crucial in urban areas because of its ability to penetrate buildings.

The spectrum grabs would follow just weeks after the operator bought $3.3 billion worth of low-band spectrum from top rival Verizon.

Reports say Sprint owner SoftBank is planning to place a formal acquisition bid to T-Mobile’s owner Deutsche Telekom of a rumored $32 billion by the end of the summer.

Full content: NYPost

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.