T-Mobile to buy almost all of US Cellular in deal worth $4.4 billion with debt

  • 📰 10News
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The deal is expected to draw more than 4 million new customers for T-Mobile while U.S. Cellular customers will be able to remain on their current plans.

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." It may also signal the start of more consolidation in an industry with fewer players than ever. 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 Sprint. And in 2013 the Federal Communications Commission approved its merger with MetroPCS Communications Inc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 732. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

T-Mobile to buy almost all of US Cellular in deal worth $4.4B with debtT-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion. T-Mobile will get U.S. Cellular's wireless operations and about 30% of spectrum assets across several spectrum bands.
Source: KSLcom - 🏆 549. / 51 Read more »

T-Mobile to buy almost all of U.S. Cellular in deal worth $4.4 billion with debtWith reports of forever chemicals contaminating some farms, our partners at Consumer Reports took to the labs to find out if our milk supply is safe.
Source: 9NEWS - 🏆 238. / 63 Read more »

T-Mobile to buy almost all of U.S. Cellular in deal worth $4.4 billion with debtHere are the top stories around San Diego County for the morning of Tuesday, May 28. For the latest news, weather and sports, head to: https://www.cbs8.com/
Source: CBS8 - 🏆 335. / 59 Read more »

T-Mobile to buy almost all of US Cellular in deal worth $4.4 billion with debtT-Mobile CEO Mike Sievert said the deal will “create a better experience for all of our customers with more coverage and more capacity.'
Source: KUTV2News - 🏆 281. / 63 Read more »

T-Mobile to buy almost all of US Cellular in deal worth $4.4 billion with debtT-Mobile is buying U.S. Cellular’s wireless operations and certain spectrum assets, giving U.S. Cellular customers more options on cellular plans and lower prices.
Source: WGAL - 🏆 331. / 59 Read more »