The path is clearing for T-Mobile's acquisition of UScellular assets as the Department of Justice (DOJ) approves the deal. This move brings the transaction one step closer to completion, pending approval from the FCC.
T-Mobile's acquisition of UScellular assets
In May 2024, T-Mobile announced a $2.4 billion deal to acquire wireless customers, retail stores, and 30% of UScellular's spectrum assets. This includes key frequencies such as 600 MHz, 700 MHz, PCS, AWS, 2.5 GHz, and 24 GHz, essential for T-Mobile's 5G services.
While the DOJ has concerns about spectrum consolidation and competition in the wireless industry, it acknowledged the potential benefits for consumers. The DOJ highlighted the improved network quality for UScellular customers and enhanced rural service for T-Mobile customers post-acquisition.
With the FCC's approval pending, the deal is close to finalization, marking a significant moment in the wireless industry.
