T-Mobile said it has agreed to buy 700 MHz spectrum from Leap in order to bring its “extended-range LTE” coverage to the Chicago metropolitan area.
Specifically, T-Mobile is snagging A-Block 700 MHz spectrum covering Chicago, Elgin, Joliet, Waukegan, Evanston, Naperville, Aurora, Gary, Rockford, De Kalb, Janesville, Bloomington, Normal, Kankakee, Kenosha, and others.
Leap Licenseco, the company that holds the spectrum licenses, is owned by AT&T. T-Mobile will turn on LTE in the low-band spectrum once the transaction is completed. T-Mobile has been using 700 MHz spectrum to supplement its main LTE network for some time.
This deal will allow it to offer low-band coverage to 269 million Americans, including the top 10 U.S. markets. T-Mobile already offers LTE in the Chicago area via its AWS spectrum. Financial terms of the transaction were not disclosed. The deal must be reviewed by the FCC.
