T-Mobile To Buy Almost All Of U.S. Cellular In Deal Worth $4.4 Billion With Debt
Credit: MGN
SEATTLE, Wash. (AP) – 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 will get U.S. Cellular’s wireless operations and about 30% of spectrum assets across several spectrum bands.
T-Mobile will also enter into a new master license agreement on more than 2,000 towers and extend the lease term for the approximately 600 towers where T-Mobile is already a tenant.