Bellevue, Washington — October 10, 2017 — T-Mobile (NASDAQ: TMUS) today announced a partnership with FOX Television Stations (FTS) to assist in repacking its 600 MHz spectrum, accelerating the final repack by 16 months and reducing overall costs for the Incentive Auction Relocation fund by tens of millions.
As part of the agreement, WWOR-TV will repack in early 2018, over a year sooner than the originally proposed FCC deadline of August 2019, and will do it for much less. This agreement ensures the 19 million plus WWOR-TV households keep access to the programming they count on while enabling T-Mobile to enhance wireless coverage and capacity in the New York City area more quickly.
This agreement is part of T-Mobile’s broader commitment to work with broadcasters occupying 600 MHz spectrum to assist them in moving to new frequencies. Earlier this year, PBS and America’s Public Television Stations (APTS) announced a partnership with T-Mobile to assist rural translators in the move to new airwaves.
“We’re committed to working with broadcasters across the country to clear 600 MHz spectrum, so we can preserve programming and bring increased wireless choice and competition across the country!” said Neville Ray, Chief Technology Officer at T-Mobile.
This press release includes "forward-looking statements" within the meaning of the U.S. federal securities laws. Any statements made herein that are not statements of historical fact, including statements about T-Mobile US, Inc.'s plans, outlook, beliefs, opinions, projections, strategy, timing and deployment of spectrum, coverage and modernization, are forward-looking statements. Generally, forward-looking statements may be identified by words such as "anticipate," "expect," "suggests," "plan," “project,” "believe," "intend," "estimates," "targets," "views," "may," "will," "forecast," and other similar expressions. The forward-looking statements speak only as of the date made, are based on current assumptions and expectations, and involve a number of risks and uncertainties. Important factors that could affect future results and cause those results to differ materially from those expressed in the forward-looking statements include, among others, the following: adverse economic or political conditions in the U.S. and international markets; competition in the wireless services market, including new competitors entering the industry as technologies converge; the effects any future merger or acquisition involving us, as well as the effects of mergers or acquisitions in the technology, media and telecommunications industry; challenges in implementing our business strategies or funding our wireless operations; any disruption or failure of our third parties’ or key suppliers’ provisioning of products or services; material adverse changes in labor matters, including labor campaigns, negotiations or additional organizing activity, and any resulting financial, operational and/or reputational impact; the ability to make payments on our debt or to repay our existing indebtedness when due; adverse change in the ratings of our debt securities or adverse conditions in the credit markets; and other risks described in our filings with the Securities and Exchange Commission, including those described in our most recently filed Annual Report on Form 10-K. You should not place undue reliance on these forward-looking statements. We do not undertake to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
T-Mobile US Media Relations
FOX Television Stations