FCC Approves T-Mobile's Buy of UScellular Wireless Assets
The FCC on Friday approved T-Mobile’s purchase of wireless assets from UScellular, a deal valued at about $4.4 billion, including $2 billion in assumed debt, Chairman Brendan Carr announced. The transaction includes about 30% of UScellular's spectrum and all of its wireless customers and stores. The approval came from the Wireless Bureau with no commissioner vote.
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“Approval of this transaction is expected to result in substantial network benefits for customers of both T-Mobile and UScellular, including additional capacity and coverage benefits, as well as improved fixed wireless access service with higher speeds and capacity,” Carr said.