Overview

• T-Mobile will gain US Cellular's customers, stores, and 30% of its spectrum assets.
• US Cellular will retain 70% of its spectrum and 4,400 cell towers, leasing space to T-Mobile on 2,100 towers.
• The deal includes a combination of cash and up to $2 billion in assumed debt.
• US Cellular customers can keep their current plans or switch to T-Mobile plans without switching costs.
• The acquisition is expected to create $1 billion in operational and capital expenditure synergies.