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DOJ Clears T-Mobile’s $4.4B Acquisition of U.S. Cellular

The ruling underscores immediate service enhancements, cautioning that expanded spectrum control may stifle long-term competition

A T-Mobile logo is seen on the storefront door of a store in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton
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T-Mobile logo displayed in front of a stock market chart.

Overview

  • The Justice Department’s antitrust division declined to seek an injunction, effectively clearing the way for the planned acquisition
  • The department’s review found that U.S. Cellular could not sustain its network investments independently and risked service degradation
  • T-Mobile has committed to integrate U.S. Cellular’s operations to deliver faster data speeds and expanded rural coverage for customers
  • Officials warned that the deal contributes to spectrum consolidation among the Big Three carriers and could hinder the emergence of a fourth national competitor
  • With the antitrust review closed, T-Mobile now awaits FCC approval to finalize its $4.4 billion purchase