T-Mobile Still Has a Big Spectrum Advantage Over Verizon and AT&T
Verizon Communications (NYSE: VZ) and AT&T (NYSE: T) just spent tens of billions of dollars each on new spectrum licenses for their 5G networks. They're both chasing after T-Mobile U.S. (NASDAQ: TMUS), which has accumulated a huge trove of mid-band spectrum licenses thanks in large part to its merger with Sprint last year. And even after the larger competitors' huge hauls at the FCC's C-band auction that ended in January, they still won't have as much mid-band spectrum as T-Mobile.
Not only that, but T-Mobile's current position has several big advantages over AT&T and Verizon.
T-Mobile CEO Mike Sievert. Image source: T-Mobile.
Source Fool.com