Verizon Wireless and T-Mobile have filed paperwork with the Federal Communications Commission seeking permission to swap select AWS-1 and PCS spectrum around the country.
The terms of the proposal will see the two exchange spectrum, but not wireless network assets or customers. The spectrum covers 518 counties and 133 Cellular Market Areas. The two companies will exchange PCS spectrum in 153 counties across 47 CMAs and will exchange AWS-1 spectrum in 285 counties across 59 CMAs.
In some of the markets, the exchange is even, and others it is not. According to the FCC, Verizon’s holdings will increase to between 67MHz and 149MHz and T-Mobile’s will increase to between 30MHz and 100MHz in the various markets. The FCC has accepted the initial application and is now taking comments on the proposal.
A dollar figure was not placed on the spectrum swap.
