News@lemmy.world · 6 months ago

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal

www.cnbc.com

195

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal

www.cnbc.com

Xatolos@reddthat.com to

News@lemmy.world · 6 months ago

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal; U.S. Cellular shares surge

www.cnbc.com

U.S. Cellular shares soared Tuesday after T-Mobile announced it will acquire most of the company in a deal worth $4.4 billion. It plans to use the wireless company to improve coverage in rural areas.

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6 months ago
I don’t love the consolidation in this industry, but I know the big draw was the spectrum US Cellular holds.

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