T-Mobile to divest 800 MHz spectrum portfolio to private investment firm Grain (TMUS:NASDAQ)



T-Mobile to divest 800 MHz spectrum portfolio to private investment firm Grain (TMUS:NASDAQ)

T Mobile store front inside a mall in New Jersey. T Mobile is the third largest mobile carrier in the US based on number of subscribers.

Nak Yeung

T-Mobile (NASDAQ:Tm) has reached an agreement in principle to divest the company’s 800 MHz spectrum portfolio to purchaser Grain Management, it said on Thursday.

Grain is planning to market the 800 MHz spectrum portfolio to utilities, other critical infrastructure industry operators, rural



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