T-Mobile to acquire most U.S. Cellular assets in a $4.4B deal, further consolidating the U.S. wireless market.
T-Mobile is set to acquire most of U.S. Cellular's assets in a $4.4 billion deal, which includes 30% of its spectrum, customer accounts, and retail stores. The deal, expected to close in mid-2025, will significantly expand T-Mobile's reach, further consolidate the U.S. wireless market, and allow for enhanced coverage and capacity for customers. This acquisition follows T-Mobile's recent acquisition of Sprint and continues the company's strategy of industry consolidation.
May 28, 2024
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