T-Mobile, U.S. Cellular and Justice Department
Digest more
Despite that, the DOJ said it closed its investigation into the merger and will not ask a court for an injunction to prevent T-Mobile from buying US Cellular assets. US Cellular is being carved up among the three major wireless firms,
Mobile US Inc.’s $4.4 billion purchase of US Cellular Corp.’s wireless operations and some of its spectrum assets, despite some concerns about the deal.“After a thorough investigation, the Antitrust Division determined prudentially not to seek an injunction to prevent T-Mobile from closing on its proposed acquisition of US Cellular,
UScellular would struggle to "compete vigorously in the relevant market" if an injunction prevented T-Mobile from acquiring UScellular's wireless operations, Assistant Attorney General Gail Slater of the U.
2don MSN
The U.S. Department of Justice's Antitrust Division said Thursday that it is closing its investigation and will not move to block the deal, originally announced in May 2024, in which T-Mobile (NASDAQ:TMUS) plans to acquire UScellular’s wireless operations,
T-Mobile said in a July 8 letter to the FCC that it would end its DEI-related policies "not just in name, but in substance."
Mobiles $4.4 billion acquisition of UScellulars wireless business, marking another major corporate consolidation cleared under President Donald Trumps pro-merger antitrust policy.