Connect with us

Hi, what are you looking for?

TopMarketReports.comTopMarketReports.com

Tech News

T-Mobile to buy more 5G airwaves from Comcast for up to $3.3 billion

T-Mobile logo with illustrated background.
Illustration by Alex Castro / The Verge

T-Mobile is buying airwaves from Comcast in a deal valued at up to $3.3 billion. In a blog post on Comcast’s site, the company explains that it will sell spectrum in the 600MHz band as it is “unlikely” to need it.

Comcast announced plans to build out a 5G network for its Xfinity Mobile service last year using spectrum in the 600MHz band and CBRS — an unlicensed spectrum in the 3.5GHz range that companies can use for free. However, Comcast says 5G field tests with CBRS spectrum “exceeded” its expectations and that it’s “found the band to be highly efficient and a significant part of a 5G network.”

That’s why Comcast no longer sees a use for its 600MHz spectrum, which it says T-Mobile will lease to purchase. As part of the deal, T-Mobile…

Continue reading…

You May Also Like

Politics

Read this article for free! Plus get unlimited access to thousands of articles, videos and more with your free account! Please enter a valid...

Editor's Pick

The market continues to be weak and thin, as TG explains in this week’s edition of Moxie Indicator Minutes. There are a few stocks...

Editor's Pick

Romina Boccia and Dominik Lett On April 10, 2023, Congress terminated the three‐​year‐​long COVID-19 national emergency—one of the most expensive emergency declarations ever at more...

Politics

House Republicans are likely to meet behind closed doors on Thursday to try and hash out their differences ahead of a chamber-wide vote to...