T-Mobile to acquire UScellular's Wireless Operations and Select Spectrum Assets for $4.4B
Acquiring Company
T-Mobile
Acquired Company
United States Cellular Corporation
Description
Telephone and Data Systems, Inc. (TDS) has announced the unanimous support for the sale of UScellular's wireless operations and select spectrum assets to T-Mobile for a purchase price of $4.4 billion. TDS believes that this transaction will deliver significant value to UScellular customers and shareholders, reflecting the culmination of a thorough strategic review process initiated in August 2023.
Quick answer
T-Mobile is acquiring United States Cellular Corporation for $4.4 billion, announced May 28, 2024. T-Mobile is based in Bellevue, Washington, United States.
- How much did T-Mobile pay for United States Cellular Corporation?
- The reported deal value is $4.4 billion.
- What does T-Mobile do?
- T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all.
- Where are T-Mobile and United States Cellular Corporation based?
- T-Mobile is based in Bellevue, Washington, United States. United States Cellular Corporation is based in Chicago, Illinois, United States.
- Who are the decision-makers at T-Mobile?
- Fundz holds 1 contact at T-Mobile. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Nokia to acquire US optical network firm Infinera in 2.1 billion euro deal, $2.3B (June 28, 2024)
- Nokia's acquisition of Infinera to scale up Optical Networks and accelerate product roadmap (June 27, 2024)
- Nokia completes acquisition of Fenix Group, reinforcing U.S. defense strategy (May 22, 2024)
- Boldyn Networks completes acquisition of Apogee Telecom to expand connectivity solutions (May 16, 2024)
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Frequently asked
Who acquired United States Cellular Corporation?
United States Cellular Corporation was acquired by T-Mobile, based in Bellevue. The deal was reported on May 28, 2024. T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile is publicly traded (TMUS) and operates in Hardware.
When did T-Mobile acquire United States Cellular Corporation?
T-Mobile's acquisition of United States Cellular Corporation was reported on May 28, 2024. Telephone and Data Systems, Inc. (TDS) has announced the unanimous support for the sale of UScellular's wireless operations and select spectrum assets to T-Mobile for a purchase price of $4.4 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does United States Cellular Corporation do?
United States Cellular Corporation is a wireless carrier that offers telecommunications services to customers across the United States. It is privately held, operating in Satellite Communication, and is based in Chicago.
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