T-Mobile and AT&T have filed with the Federal Communications Commission to transfer $1 billion worth of AT&T’s AWS spectrum into T-Mobile USA’s ownership. AT&T previously promised the spectrum to Deutsche Telekom in the event that its bid to acquire T-Mobile USA failed. “This additional spectrum will help meet the growing demand for wireless broadband services,” Tom Sugrue, T-Mobile’s senior vice president for government affairs, told The Wall Street Journal. “We hope the FCC will move swiftly to approve the license assignments.” As The Wall Street Journal points out, T-Mobile desperately needs the spectrum in order to compete with Sprint, AT&T and Verizon Wireless. Each of those aforementioned carriers have already started to, or already have plans to, roll out faster 4G LTE networks this year. T-Mobile has not discussed any firm plans regarding how it will advance beyond its current HSPA+ network.