T-Mobile’s long rumored plan to buy some of Clearwire’s extensive spectrum is getting closer to completion. T-Mobile USA is the only potential bidder and the sale of the spectrum could happen by the end of the first quarter. At the same time, T-Mobile is gunning to leap frog Sprint and become the nation’s third largest carrier, something the company this week said they hoped would happen by 2015.
Building out an LTE network may cost between $1 billion and $2 billion, the company said. Chief Technology Officer Neville Ray said that T-Mobile will need a spectrum partner by 2014 or 2015.