T-Mobile USA to Buy Clearwire Spectrum?

Deutsche Telekom AG’s T-Mobile USA unit, which badly needs new spectrum to build its own Long Term Evolution network, may be close to a deal to buy wireless spectrum from Clearwire Corp., Businessweek reports.

T-Mobile USA is the only potential bidder and the sale of the spectrum could happen by the end of the first quarter, Businessweek says. That there is only one bidder speaks to the lack of demand for the excess spectrum Clearwire wants to auction off.

Also, T-Mobile USA has just activated an HSPA+ network that actually will run as fast, and in some cases faster, than other 4G networks. T-Mobile USA doesn't need the spectrum "immediately."

Deutsche Telekom Said to Be Closer to Clearwire Deal - Businessweek