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T-Mobile signs $4.4bn deal for UScellular wireless operations

T-Mobile will buy almost all of regional carrier US Cellular’s wireless operations, including customers and stores in $4.4 billion deal.

T-Mobile will buy almost all of the regional carrier UScellular’s wireless operations, including customers, stores, and 30% of its spectrum assets in a deal valued at $4.4 billion. The purchase will be paid for by a combination of cash and up to $2 billion of debt to be assumed through an exchange offer to be made to some of UScellular’s debtholders, the telecom giant said on Tuesday(May 28). “The transaction provides our customers access to better coverage and speeds, as well as unlimited texting in more than 215 countries, content offers, device upgrades and other T-Mobile benefits.

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