T-Mobile Acquires Majority of U.S. Cellular for $4.4 Billion
TL;DR
T-Mobile is acquiring U.S. Cellular’s wireless operations and certain spectrum assets in a $4.4 billion deal, adding over 4 million new customers and expanding its spectrum portfolio. The acquisition, expected to close in mid-2025, will enhance T-Mobile's coverage and capacity, particularly benefiting rural areas. U.S. Cellular customers will gain access to T-Mobile's 5G network and can switch to T-Mobile plans without incurring costs. The deal signals potential further consolidation in the telecommunications industry.
- T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debt The Associated Press
- T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal; U.S. Cellular shares surge CNBC
- T-Mobile to acquire majority of US Cellular, further consolidating carrier market Yahoo Finance
- T-Mobile to buy US Cellular's wireless operations in $4.4 billion deal Reuters
- T-Mobile buys most of U.S. Cellular in $4.4 billion deal CBS News
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