United States Cellular Corporation Common Stock (USM)
62.80
-0.72 (-1.13%)
United States Cellular Corp is a wireless telecommunications company that provides mobile communication services to customers across the United States
The company offers a range of products including voice, text, and data services, along with a variety of devices such as smartphones and tablets. Focused on enhancing the customer experience, United States Cellular invests in expanding its network and improving service reliability, while also delivering innovative solutions and tailored plans to meet the diverse needs of its subscribers. Through its commitment to quality service and community engagement, the company aims to foster long-lasting customer relationships in the competitive wireless market.
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T-Mobile has agreed to acquire U.S. Cellular's wireless operations for $4.4 billion. U.S. Cellular will retain about 70% of its spectrum portfolio. The announcement of this acquisition has positively impacted T-Mobile's stock, which hit a new record high of $169.
T-Mobile announced Tuesday that it will acquire nearly all of UScellular's wireless operations for approximately $4.4 billion, including UScellular's wireless customers and stores. The deal will expand T-Mobile's network to millions of new customers including those in underserved rural areas.
