T-Mobile and Verizon Plan to Acquire US Cellular Assets

In a strategic move to expand their spectrum, T-Mobile and Verizon are negotiating a potential $2 billion deal to purchase parts of US Cellular.

T-Mobile is close to acquiring operational assets and wireless spectrum licenses from US Cellular, aiming to enhance its network capabilities.
Verizon's negotiations focus on a separate transaction, with both deals designed to comply with antitrust regulations.
US Cellular's significant presence in rural areas and ownership of over 4,000 cellular towers highlights the strategic value of the acquisition.
The deal could potentially reshape the U.S. wireless landscape, currently dominated by a few major players including AT&T, T-Mobile, and Verizon.
Shares of US Cellular surged by 19% following the news, reflecting investor optimism about the deal's prospects.