T-Mobile to Buy Up to $3.3 Billion of Airwaves From Comcast

This agreement signifies a significant shift in the competitive dynamics of the wireless industry.

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Comcast initially aimed to establish a 5G network for its Xfinity Mobile service.

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T-Mobile will lease the 600MHz spectrum from Comcast, making quarterly lease payments, with a final purchase payment of approximately $3.3 billion.

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The deal is subject to approval by the Federal Communications Commission (FCC) and is expected to close by 2028

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T-Mobile is committed to expanding its 5G capabilities and enhancing connectivity across the United States.

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The agreement exemplifies the adaptability and collaboration within the telecommunications industry to deliver cutting-edge 5G services.

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