T-Cell has sealed the deal on its UScellular acquisition. In alternate for $4.3 billion, T-Cell will get UScellular’s clients, shops and 30 p.c of its spectrum.
In the event you’re a UScellular buyer, you don’t need to do something. “UScellular clients keep on their current plans with no adjustments for now,” the service mentioned. You’ll be able to proceed to handle your account by way of UScellular’s web site. You can even nonetheless flip to the T-Cell-owned service for buyer assist.
The $4.3 billion wasn’t the one worth T-Cell needed to pay. To achieve the approval of Trump’s FCC, the service agreed to intestine its DEI packages. That adopted Verizon doing the identical for its Frontier acquisition. The president has used merger approvals as a cudgel to push his agenda (together with getting lawsuits settled) within the non-public sector.
UScellular will now exist solely as an infrastructure firm. It could now generate income from licensing its remaining spectrum and towers.
