T-Mobile buys wireless spectrum from U.S. Cellular for $308 million

T-Mobile buys wireless spectrum

T-Mobile US Inc agreed to buy wireless spectrum covering the Mississippi Valley region from U.S. Cellular Corp for about $308 million in cash.

The fourth-largest U.S. wireless service provider said the additional spectrum will allow it to expand its 4G LTE network across 29 markets covering 32 million people in several southern states.

T-Mobile buys wireless spectrum  | Reuters