T-Mobile and Verizon came out today announcing that they have come to an agreement for swapping spectrum on the secondary market. This is all contingent based on Verizon’s dealings with SpectrumCo, Leap Wireless, and Cox and is dependent on those sales being approved. It gives T-Mobile some much needed AWS spectrum that they use and will incorporate into their LTE rollout next year. This AWS spectrum also benefits Verizon which will help them cover 22 million people and net them some cash in the end.
All in all both carriers are touting the benefits (Verizon/T-Mobile) of the secondary market to gain spectrum. It should be interesting to see how they use it since T-Mobile desperately needs a 4G LTE network.