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T-Mobile Sues WCO Spectrum for Allegedly Artificially Inflating Spectrum Leasing Prices for Profit [telecom]

Started by"The Telecom Digest" <digest-replies@telecom-digest.org>
First post2023-06-12 09:16 -0400
Last post2023-06-12 09:16 -0400
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  T-Mobile Sues WCO Spectrum for Allegedly Artificially Inflating  Spectrum Leasing Prices for Profit [telecom] "The Telecom Digest" <digest-replies@telecom-digest.org> - 2023-06-12 09:16 -0400

#14209 — T-Mobile Sues WCO Spectrum for Allegedly Artificially Inflating Spectrum Leasing Prices for Profit [telecom]

From"The Telecom Digest" <digest-replies@telecom-digest.org>
Date2023-06-12 09:16 -0400
SubjectT-Mobile Sues WCO Spectrum for Allegedly Artificially Inflating Spectrum Leasing Prices for Profit [telecom]
Message-ID<20230612131630.GA521699@telecomdigest.us>
A whistleblower exposed WCO Spectrum scheme estimated to cost T-Mobile
$10 million, T-Mobile claims.

By Teralyn Whipple

WASHINGTON, June 7, 2023 – T-Mobile is alleging in new court documents
filed in a California court on June 2 that WCO Spectrum has engaged in
a “nationwide criminal scheme to defraud T-Mobile and its
subsidiaries” by artificially inflating prices it pays to lease
spectrum from educational institutions.

T-Mobile leases the right to use certain spectrum bands from
educational institutions that hold Federal Communications Commission
licenses for the bands. The wireless carrier reserves the right of
first refusal in most of its contracts which allows the company to
match a third party offer to purchase a spectrum license and acquire
the license itself.

https://tinyurl.com/7xavj4e7

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