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Senate Commerce Committee Scrutinizes Grain Management's Spectrum Acquisition
The chair of the Senate Commerce Committee expressed concerns on Monday over Grain Management's plan to acquire a significant wireless spectrum from T-Mobile, highlighting the risk of delays in putting it to use.
Last year, T-Mobile agreed to sell its 800 MHz licenses portfolio to Grain Management for $2.9 billion. This deal includes all of Grain's 600 MHz spectrum licenses.
In a letter seen by Reuters, Senator Ted Cruz urged the Federal Communications Commission to impose specific deployment mandates, stressing that the U.S. must not leave valuable spectrum underused given increasing demand.
(With inputs from agencies.)