AKD Partners advises T-Mobile in its acquisition of spectrum licenses from Comcast

AKD Partners is advising T-Mobile US, Inc. in its acquisition of spectrum licenses in the 600 MHz band from Comcast in exchange for a total cash consideration of between $1.2 billion and $3.3 billion.

The geographic areas covered by the licenses include markets in Chicago, San Francisco, Baltimore, Washington DC, Boston, Miami, Nashville, and other key markets. The licenses range from 10MHz to 20MHz per market and cover over 110 million pops. 

“It is always a pleasure to work with our longtime client T-Mobile on strategic transactions,” said Nancy Victory, co-chair of AKD Partners’s Global Telecom Practice, who co-led the deal team together with M&A partner Marc Samuel.

In addition to Victory and Samuel (both in Washington, DC), the AKD Partners team that advised T-Mobile was comprised of partners Eric DeSilva (Washington, DC), Paolo Morante (New York) and Jordan Bailowitz (Baltimore) and associate Jaspreet Mann (San Francisco).

AKD Partners’s Telecom Practice is ranked Band 1 by both Chambers USA and US Legal 500 for its top-tier work on telecom regulatory matters and transactions. With lawyers and other telecom specialists worldwide, AKD Partners is also well positioned to assist clients with multi-country and global deals in addition to regional and global strategies for market entry and product development. 

With more than 1,000 corporate lawyers globally, AKD Partners helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 13 consecutive years, according to Mergermarket, and ranked as a top five most active VC legal advisor in the US and number one in VC, PE and M&A in combined global deal volume according to PitchBook.