Speculation has T-Mobile and Sprint putting together a $10 billion war chest, to use in next year's auction of 600MHz spectrum being conducted by the FCC. The money is believed to be coming from the financing package that SoftBank is obtaining in order to buy 50% of T-Mobile's shares. The partnership for the bidding will be led by T-Mobile.T-Mobile and Sprint will be allowed to put together this joint venture, and act as a single entity for business reasons. Earlier this year, there was speculation that the FCC would limit the amount of spectrum any one company could win at the auction, ...
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