Finance
T-Mobile buys most of U.S. Cellular in $4.4 billion deal
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T-Mobile plans to acquire most of U.S. Cellular in an acquisition worth $4.4 million, the wireless carrier announced on Tuesday.
As part of the deal, which includes cash and as much as $2 billion in debt, T-Mobile will buy some of U.S. Cellular’s spectrum as well as its customer accounts and stores.
U.S. Cellular customers will be allowed to keep their current plans or switch to a T-Mobile plan, the company said.
—This is a developing story and will be updated.
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