Announced

T-Mobile to acquire wireless operations and select spectrum assets of UScellular and TDS for $4.4bn.

Synopsis

T-Mobile, a mobile telecommunication company, agreed to acquire wireless operations and select spectrum assets of UScellular, a mobile network operator company, and TDS, an American telecommunications company, for $4.4bn. "This deal will create opportunity for T-Mobile to bring millions of UScellular customers lower prices and the Un-carrier's superior value on our best-in-class nationwide 5G network, offering much needed choice and more real competition across the wireless industry. Bringing together UScellular's network resources with ours will enable us to fill gaps in connectivity that will create a better experience for all of our customers with more coverage and more capacity. And this is just some of the goodness this deal will bring. This will be a real win for consumers across the US," Mike Sievert, T-Mobile CEO.

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