Grain Management Completes Acquisition of Nationwide 800 MHz Spectrum Portfolio

M&A · Partnership
โดย PR Newswire·US·Read original
Summary · why it matters

Grain Management has completed its acquisition of T-Mobile's nationwide 800 MHz spectrum portfolio. The deal establishes Grain as the owner of one of the nation's largest privately held portfolios of low-band spectrum, covering the entire U.S. with approximately 14 MHz of blended spectrum depth. The 800 MHz Band 26 spectrum is well-suited for mission-critical applications including private wireless networks for utilities, enterprise communications, and direct-to-device satellite services. Grain will now focus on executing its deployment strategy in line with the FCC framework, with Goldman Sachs serving as financial advisor.

Impact on stocks 3

Cloud & Digital Infrastructure▼ · 2 stocks
T-Mobile US Inc
TMUS
▼ NegativeCapitalrelevance

T-Mobile sold its 800 MHz spectrum portfolio, a significant asset divestiture.

Financials▲ · 1 stocks

Off-coverage companies 1

Grain ManagementPrivate▲ Positive
Capitalrelevance

Grain Management completed the acquisition, expanding its spectrum portfolio.

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