D.C. Memo: FCC Approves T-Mobile-Grain Management Spectrum Swap
The agency shortened Grain’s proposed buildout deadlines to three and eight years, down from six and 12 years. Agency did not comment on Grain’s DEI policies with regard to hiring at the PE firm
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Grain: The FCC on July 1 approved a spectrum swap between T‑Mobile and Grain Management, granting applications that shift certain 800 MHz licenses to Grain and certain 600 MHz licenses to T‑Mobile. Grain is also paying T-Mobile about $2.9 billion. The FCC in an order released July 1 said the deal will advance more intensive spectrum use and support expanded 5G deployment. In approving the deal, the FCC imposed strict conditions on Grain to ensure the 800 MHz licenses are not warehoused. The agency shortened Grain’s proposed buildout deadlines to three and eight years from six and 12 years. (More after paywall)
