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.
Jakub Porzycki | Nurphoto | Getty Images
T-Mobile announced Tuesday that it plans to acquire most of U.S. Cellular, 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. Cellular wireless spectrum to improve coverage in rural areas, while also offering improved connectivity to U.S. Cellular customers around the United States. The company said it will allow U.S. Cellular customers to keep their current plans or switch to a T-Mobile plan.
This is breaking news. Please check back for updates.
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