Published on 28 May 2024 on Benzinga via Yahoo Finance
T-Mobile's $4.4B US Cellular And TDS Deal Promises Enhanced Rural 5G Coverage
T-Mobile US, Inc (NASDAQ:TMUS) agreed to acquire substantially all of United States Cellular Corp’s (NYSE:USM) and Telephone and Data Systems, Inc. (NYSE:TDS) wireless operations, including wireless customers and stores, as well as certain specified spectrum assets for $4.4 billion in the transaction in a combination of cash and up to $2.0 billion of debt.