T-Mobile nears $2bn acquisition of US Cellular portion, with Verizon in early talks for the rest.
T-Mobile is reportedly close to acquiring a portion of US Cellular for over $2bn, while Verizon is in early-stage talks to purchase the remaining parts. The potential deals aim to appease regulators concerned about the ongoing consolidation in the US wireless industry. T-Mobile's acquisition would follow its $1.3bn purchase of Mint Mobile's customers and a joint venture with EQT for fiber operator Lumos.
May 09, 2024
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