The FCC announced yesterday that AT&T and T-Mobile have filed an application to swap PCS (1900 MHz) licenses and one AWS (1700 MHz) license. According to the report, the two companies would exchange equal amounts of spectrum in 35 markets with AT&T gaining spectrum in 12 markets. In another 8 markets, T-Mobile would gain 5-10 MHz of PCS spectrum. Along with that, T-Mobile would … [read full article]