Talk about a slap in the face. The scrappy Magenta would like to offer their condolences for the failed acquisition, thank AT&T for the newly acquired spectrum and begin rolling out their LTE network in 2013 all in the same breath. T-Mo means business and they’re looking to remain competitive by offering low price plan bundles while simultaneously expanding their network out over the next two years, which Philipp Humm calls their ”reinvigorated challenger strategy”. The company’s press release states that they’ll be investing $4 billion on its network for “modernization” as well as expanding their current HSPA+ technology. And get this, they’re going to be doing it with the newly acquired AT&T spectrum from the acquisition fall-out. Ouch, that’s gotta sting a bit if you’re AT&T.
In addition, the company will attempt to free up space for LTE in their existing AWS spectrum. Here’s to hoping the company can get out of a rut after losing nearly 800,000 subscribers over the last three months which they claim is from iPhone 4S lanches landing on three of the four major US carriers. Hit the break for the full press release and don’t forget to let us know what you think about it all in the comments below. » Read the rest