T-Mobile USA (TMUS) on Monday announced a $2 billion debt offering, raising more cash for expected purchases of radio spectrum it needs to expand 4G data services. T-Mobile USA last week announced the pricing of a secondary stock offering that netted $1.8 billion and reduced Deutsche Telekom’s stake in the company to about 67% from 74%, says Standard & Poor’s. The wireless carrier says both the bond and stock proceeds could be used for a number of
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T-Mobile Debt Offering Boosts Cash To Buy Spectrum