Grain Looking to Market 800 MHz for Direct-to-Cell

The investment firm is buying the spectrum from T-Mobile.

Grain Looking to Market 800 MHz for Direct-to-Cell
Photo of David Grain, CEO and founder of Grain Management, from the company

WASHINGTON, April 1, 2026 – Investment firm Grain Management is eyeing new customers for the spectrum it’s buying from T-Mobile: satellite companies.

T-Mobile reached a deal in March 2025 to sell Grain its 800 MegaHertz (MHz) spectrum for $2.9 billion, plus the firm’s 600 MHz holdings. The idea initially was for Grain to lease or sell the spectrum to utility companies or mobile carriers.

Adding satellite companies to the mix would further Federal Communications Commission Chairman Brendan Carr’s desire to boost the space economy and satellite industry, the companies said in a filing posted March 27.

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