T-Mobile Spending More Than Expected on 600 MHz Network, Analyst Says
T-Mobile appears to be spending more than expected to build out its 600 MHz incentive auction licenses, Oppenheimer said in a Wednesday research note. “We spoke with [T-Mobile] management, who appeared to be focused on building out its 600 MHz…
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spectrum for increased coverage/capacity, the correct route in our opinion, but this will require more capex and we increase our estimates,” Oppenheimer said. The analyst raised its capital expenditure estimates by $200 million for T-Mobile’s Q2 to $1.55 billion.