The Federal Communications Commission (FCC) on Wednesday approved a transfer of spectrum licenses from AT&T (NYSE:T) to T-Mobile USA, part of an agreement the two companies had made should their proposed merger fall through, which it did.
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“We applaud the FCC for acting swiftly to approve the transfer of these spectrum licenses,” T-Mobile USA chief technology officer Neville Ray said in a press release. “Securing this additional spectrum was a key catalyst for our plans to launch LTE in 2013 and is therefore good news for our customers.”
This transfer, according to T-Mobile, gives the wireless carrier AWS mobile spectrum in 128 Cellular Market Areas.
The Bellevue, Wash.-based company said it plans to invest $4 billion to improve and modernize its network and broadly deploy LTE next year, investments that it says require additional AWS spectrum.
T-Mobile USA is a wireless operation of Deutsche Telekom AG.