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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 US. T-Mobile US, Inc., often shortened as T-Mobile, is an American wireless network operator headquartered in Bellevue, Washington, U.S. [6] Its largest shareholder is multinational telecommunications company Deutsche Telekom AG, a German company headquartered in Bonn, Germany.
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.
T-Mobile announced on Tuesday that it agreed to acquire “substantially all" of U.S. Cellular’s wireless operations in a deal valued at $4.4 billion, including debt.
Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1] [2] [3] After a two-year-long approval process the merger was closed on April 1, 2020, [4] [5] [6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
United States Cellular Corporation ( doing business as UScellular and formerly known as U.S. Cellular) is an American mobile network operator. It is a subsidiary of Telephone and Data Systems Inc. (which owns an 84% stake). The company was formed in 1983 and is headquartered in Chicago, Illinois.
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