T-Mobile Acquires Majority of U.S. Cellular for $4.4 Billion

T-Mobile is acquiring U.S. Cellular’s wireless operations and certain spectrum assets in a $4.4 billion deal, adding over 4 million new customers and expanding its spectrum portfolio. The acquisition, expected to close in mid-2025, will enhance T-Mobile's coverage and capacity, particularly benefiting rural areas. U.S. Cellular customers will gain access to T-Mobile's 5G network and can switch to T-Mobile plans without incurring costs. The deal signals potential further consolidation in the telecommunications industry.