T-Mobile closes deal for 700MHz spectrum, reiterates commitment to LTE rollout

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T-Mobile has finally closed a deal to acquire highly-valuable 700MHz spectrum from Verizon, enabling the next wave of network upgrades for the carrier. In the wireless world not all spectrum is created equal, with lower frequencies being more desirable because they travel further distances and better penetrate buildings. Both of these attributes are badly needed on T-Mobile's network as it traditionally operates on much higher frequencies between 1700 and 2100MHz, and T-Mobile CTO Neville Ray has a good idea of what they will do with it.

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