T-Mobile to acquire most of US Cellular's assets in $4.4B deal

T-Mobile announced on Tuesday that it agreed to acquire "substantially all" of U.S. Cellular’s wireless operations in a deal valued at $4.4 billion. Under the deal, T-Mobile will acquire all of U.S. Cellular’s wireless customers and stores. The deal also includes up to $2 billion in debt.

" T-MOBILE SLASHING 5,000 JOBS TO BOOST EFFICIENCY Earlier this month, T-Mobile and Verizon were in competing talks to buy parts of U.S. Cellular, people familiar with the matter told The Wall Street Journal. However, the talks with Verizon weren't expected to result in an agreement, the people said. This isn't the first time T-Mobile has combined with smaller players in the industry.

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US Cellular to be acquired by T-Mobile and Verizon (report)Cosmin, a tech journalist with a career spanning over a decade, brings a wealth of experience to PhoneArena. His expertise lies in brands like Samsung and Nokia, and he has a keen interest in innovative technologies. After a brief stint in PR, Cosmin returned to tech journalism in 2016, committed to delivering clear and objective news.
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T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debtT-Mobile is buying U.S. Cellular’s wireless operations and certain spectrum assets in a deal valued at $4.4 billion, giving U.S. Cellular customers more options on cellular plans and lower prices.
Source: ksatnews - 🏆 442. / 53 Read more »

T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debtT-Mobile is buying U.S. Cellular’s wireless operations and certain spectrum assets in a deal valued at $4.4 billion, giving U.S. Cellular customers more options on cellular plans and lower prices.
Source: wjxt4 - 🏆 246. / 63 Read more »