T-Mobile has announced a preliminary agreement to sell its 800 MHz spectrum portfolio to Grain Management, focusing on digital infrastructure for the broadband industry. The deal involves a mix of cash and Grain's 600 MHz spectrum licenses and is expected to close by April 2025, pending regulatory approvals. This strategic move reinforces T-Mobile's innovative deployment of 5G networks using lower-band spectrums, as they leverage partnerships to explore technological advancements in critical industries without a significant speed increase over 4G.
"We are very pleased with the terms we reached with Grain and think the deal represents a great value for both parties," Dirk Mosa, T-Mobile senior vice president, spectrum, partnerships and acquisitions, said in the announcement.
"This deal would give T-Mobile the opportunity to work with key partners like Grain that share our vision to optimize spectrum for consumers by exploring the possibilities of how emerging technologies can support mission-critical infrastructure and other fundamental sectors of the economy."
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