T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.
T-Mobile CEO Mike Sievert said the deal will “create a better experience for all of our customers with more coverage and more capacity." T-Mobile is among the more active companies in telecommunications with regard to mergers and acquisitions. In 2020 T-Mobile completed the takeover of smaller rival T-Mobile said Tuesday that U.S. Cellular customers will gain access to its 5G network, giving them better coverage and speed. The company said the deal will particularly benefit those that live in underserved rural areas of the country.
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