TMUS · News · 20260817N
Spectrum License Acquisition
T-Mobile US, Inc. · 2026-08-17 · Importance 71 · Surprise 60 · In source text
T-Mobile completed an FCC-approved spectrum swap involving the sale of its 800 MHz spectrum to Grain Management for $2.9 billion. T-Mobile acquired Grain Management’s 600 MHz licenses in the same transaction. The deal reshapes T-Mobile’s U.S. spectrum portfolio while generating $2.9 billion in proceeds from the 800 MHz sale.
Key facts
- T-Mobile US, Inc. sold its 800 MHz spectrum to Grain Management for $2.9 billion and acquired Grain's 600 MHz licenses in an FCC-approved spectrum swap. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | — | T-Mobile US, Inc. sold its 800 MHz spectrum to Grain Management for $2.9 billion and acquired Grain's 600 MHz licenses in an FCC-approved… |
| assets | unclear | committed | — | T-Mobile US, Inc. sold its 800 MHz spectrum to Grain Management for $2.9 billion and acquired Grain's 600 MHz licenses in an FCC-approved… |