T-Mobile begins to pad its war-chest for spectrum purchases, to issue $3 billion in notes

Team Magenta has been preparing for the 600MHz spectrum auction, to be held next year, for quite a while, most notably, by lobbying the FCC to change the rules that might limit bidding from carriers with existing blocks of low-band spectrum, that is, below 1,000MHz.



During the last big auction in 2008, the 700MHz block, Verizon and AT&T were the big winners, securing the majorities of Block C and Block B respectively, which had the largest set of licenses, and in Verizon’s case, the most bandwidth.



It is plain to see that Verizon and AT&T have not wasted any time in making ...



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