T-Mobile said Tuesday it will acquire U.S. Cellular in a deal worth $4.4 billion. It plans to use the wireless company to improve coverage in rural areas.
U.S. Cellular will retain some of its wireless spectrum and towers and will lease space on at least 2,100 additional towers to T-Mobile.T-Mobile logo displayed on a laptop screen and a smartphone are seen in this illustration photo taken in Krakow, Poland on February 22, 2024.including stores, some of the wireless operator's spectrum and its customers, in a deal worth $4.4 billion. The deal includes cash and up to $2 billion of debt.T-Mobile said it will use U.S.
U.S. Cellular will retain some of its wireless spectrum and towers and will lease space on at least 2,100 additional towers to T-Mobile. The companies expect the deal to close in mid-2025.
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