AT&T and T-Mobile have agreed to exchange some PCS and AWS-1 spectrum licenses in a handful of markets. The carriers said identical amounts of spectrum are being traded, so each carrier's spectrum position will remain unchanged in the covered markets. AT&T and T-Mobile claim the exchange will help them create larger 15x15 MHz or 20x20 MHz blocks of contiguous spectrum. Larger blocks of spectrum can be put to more effective use in providing capacity. The markets include Austin, Boston, Minneapolis, Phoenix, Sacramento, and San Antonio. Terms of the deal were not disclosed. The FCC will need to approve the transaction before the companies can exchange the spectrum licenses.


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