T-Cellular now formally owns UScellular

T-Cellular has sealed the deal on its UScellular acquisition. In trade for $4.3 billion, T-Cellular will get UScellular’s prospects, shops and 30 % of its spectrum.

If you happen to’re a UScellular buyer, you don’t must do something. “UScellular prospects keep on their present plans with no modifications for now,” the service said. You possibly can proceed to handle your account by UScellular’s web site. You may also nonetheless flip to the T-Cellular-owned service for buyer help.

The $4.3 billion wasn’t the one worth T-Cellular needed to pay. To achieve the approval of Trump’s FCC, the service agreed to gut its DEI programs. That adopted Verizon doing the same for its Frontier acquisition. The president has used merger approvals as a cudgel to push his agenda (together with getting lawsuits settled) within the personal sector.

UScellular will now exist solely as an infrastructure firm. It could actually now generate income from licensing its remaining spectrum and towers.