T-Mobile buys most of U.S. Cellular in $4.4 billion deal.

Oak Hill, WV (CNN)- Wireless provider T-Mobile is taking over most of U.S. Cellular in a deal worth nearly $4.5 billion. 

T-Mobile announced the four-point-four billion-dollar deal on Tuesday. 

The package includes cash and assumes up to $2 billion of debt. 

T-Mobile will acquire U.S. Cellular stores, customers, and about 30 percent of its wireless spectrum. 

T-Mobile said it plans to improve coverage in rural areas and for U.S. Cellular customers nationwide. 

U.S. Cellular customers can keep their current plans or switch to a T-Mobile plan. 

The companies expect the deal to close in mid-2025. 

 

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