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T-Mobile to purchase 700MHZ band from Verizon to boost LTE coverage 

The war between AT&T and T-Mobile is raging, and the latter has just thrown down the gauntlet. The wireless network quality, the company announced, would be improved significantly through a new deal with rival carrier Verizon. T-Mobile is paying Verizon about $2.37 billion for spectrum on the coveted 700MHz band that it will use to boost its LTE coverage. This would cover more than 150 million people in the US and would encourage a spike in in-building coverage in particular. There’s only one issue for the company and that’s rural areas, where T-Mobile coverage is already low as it is: the new spectrum will only really address major metro areas.