T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal
- The T-Mobile deal is set to close next year, leading to increased coverage and capacity for customers and competition with larger carriers, stated by CEO Mike Sievert.
- The merger will enhance connectivity for customers, as per T-Mobile CEO Mike Sievert, and U.S. Cellular will integrate operations with T-Mobile for increased scale and investment, stated by U.S. Cellular Chair LeRoy Carlson Jr.
- U.S. Cellular will retain 70% of its spectrum portfolio, and the transaction involves cash and around $2 billion of debt.
92 Articles
92 Articles
T-Mobile acquires nearly all assets of US Cellular at $4.4 billion - Washington Examiner
T-Mobile announced its acquisition of nearly all of U.S. Cellular’s assets, valued at nearly $4.4 billion. In a statement Tuesday, T-Mobile announced that it would be taking on U.S. Cellular’s wireless operations, wireless customers, stores, and some specified spectrum assets. The $4.4 billion would include both cash and $2 billion in U.S. Cellular debt. Mike Sievert, CEO of T-Mobile, said in a press release that the deal would greatly benefit b…
T-Mobile to buy U.S. Cellular’s wireless operations in $4.4B deal | Honolulu Star-Advertiser
T-Mobile will buy almost all of regional carrier United States Cellular’s wireless operations including customers, stores and 30% of its spectrum assets in a deal valued at $4.4 billion, the telecom giant said on Tuesday.
T-Mobile to acquire wireless operations of former Sox park sponsor U.S. Cellular
T-Mobile, which has multiple Region locations such as in Highland, Griffith, Dyer, St. John, Crown Point, Merrillville, Gary, Hammond, Portage and Valparaiso, plans to acquire most of U.S. Cellular's assets.
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