T-Mobile’s plan to shake up the wireless industry has always had one fatal flaw: The poor reputation of its wireless network. The carrier is taking steps to get its network up to speed, however, and has gotten a big boost on the spectrum front from its acquisition of prepaid wireless carrier MetroPCS. An unnamed source tells Reuters that T-Mobile has set aside $3 billion that it wants to use to buy up unused spectrum from Verizon, a move that “would give T-Mobile additional network capacity to help it catch up with its bigger rivals in delivering high-speed wireless services.” Verizon has said that it’s interested in selling off some chunks of spectrum it owns on the coveted 700MHz band so it looks like this would be a natural place for T-Mobile to invest to improve the reach and power of its LTE network.

Prior to joining BGR as News Editor, Brad Reed spent five years covering the wireless industry for Network World. His first smartphone was a BlackBerry but he has since become a loyal Android user.