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.
Comcast said it has no need for the licenses while it uses a mid-band spectrum known as CBRS, and so is selling the 600-megahertz airwaves, according to a company post.
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