Verizon, T-Mobile enter spectrum deal
Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a consortium of cable companies and another wireless carrier.
The deal with T-Mobile USA would improve the ability of both companies to offer fast wireless data services, Verizon said. T-Mobile is particularly starved for spectrum compared with its larger competitors, and regulators are likely to favor a deal that would improve its position.
