T-Mobile announces multibillion-dollar US Cellular deal

T-Mobile is buying US Cellular’s wireless operations and certain spectrum assets (AP)

T-Mobile is buying US Cellular’s wireless operations and certain spectrum assets in a deal valued at 4.4 billion dollars (£3.4 billion), and further consolidating the industry.

As part of the agreement, T-Mobile will get US Cellular’s wireless operations and about 30% of spectrum assets across several spectrum bands.