T-Mobile Acquires U.S. Cellular's Wireless Business for $4.4 Billion

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Source: ABC News
T-Mobile Acquires U.S. Cellular's Wireless Business for $4.4 Billion
Photo: ABC News
TL;DR Summary

T-Mobile announced a $4.4 billion deal to acquire most of U.S. Cellular, adding 4 million customers, hundreds of stores, and expanded rural reach. The acquisition, expected to close mid-next year, will enhance T-Mobile's spectrum rights and spur competition against AT&T and Verizon.

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