T-Mobile, Leap swap spectrum2012-04-09 13:05 by Daniela
Tags: T-Mobile, Leap Wireless
Leap Wireless International, Inc., a leading provider of innovative and value-driven wireless communications services, announced today that it has entered into definitive license exchange agreements with T-Mobile USA (T-Mobile), Cook Inlet/VS GSM VII PCS LLC, a joint venture between T-Mobile and Cook Inlet in which T-Mobile has a non-controlling majority interest (Cook Inlet), and Leap's non-controlled, majority-owned venture Savary Island Wireless, LLC (Savary Island) to exchange wireless spectrum in various markets.
The transaction would result in Leap acquiring 10 MHz of additional AWS spectrum in Phoenix, AZ and Houston, Galveston and Bryan-College Station, TX to supplement the spectrum Leap currently operates in those markets, among others. Leap and Savary Island have agreed to assign T-Mobile and Cook Inlet spectrum in various markets in Alabama, Illinois, Missouri, Minnesota and Wisconsin.
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