T-Mobile to Acquire US Cellular's Wireless Operations in $4.4 Billion Deal

The acquisition aims to enhance rural coverage and expand T-Mobile's 5G network, pending regulatory approval by mid-2025.

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.