January 6, 2014 / 12:16 PM / 4 years ago

T-Mobile to buy some spectrum licences from Verizon for $2.4 bln

Jan 6 (Reuters) - T-Mobile US Inc said it would buy some spectrum licenses from Verizon Wireless for about $2.4 billion in cash.

The deal includes certain 700 Megahertz A-Block spectrum licenses in the United States, T-Mobile said in a statement.

Verizon Wireless is owned by Verizon Communications Inc and Vodafone Group Plc.

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