T-Mobile has agreed to a blockbuster deal to purchase the majority of USCellular in an estimated $4.4 billion acquisition.
As part of the agreement, T-Mobile will pay cash and up to $2 billion of USCellular’s debt, depending on the agreement reached between T-Mobile and US Cellular’s debt holders upon closing.
The new deal will give UScellular customers access to T-Mobile’s 5G technology, pre-existing plans, and customer service operations. Areas previously uncovered by USCellular will also now be accessible to existing customers through T-Mobile.
T-Mobile said that the
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