T-Mobile to Buy Up to $3.3 Billion of Airwaves From Comcast
- 600-megahertz licenses would help T-Mobile expand coverage map
- Cash deal would finalize in 2028 pending approval from FCC
A T-Mobile store in San Francisco.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
T-Mobile US Inc. said it would buy airwaves from Comcast Corp. for between $1.2 billion and $3.3 billion in cash and expects to close the purchase by 2028, pending approval from the US Federal Communications Commission.
The low-band 600-megahertz spectrum would help the No. 2 US wireless carrier provide more service to parts of New York City; Orlando; Kansas City, Missouri and other cities, T-Mobile said in a federal filing Tuesday.