T-Mobile announced Tuesday that it plans to acquire most of U.S. Cellular, including stores, some of the wireless operator’s spectrum and its customers, in a deal worth $4.4 billion. The deal includes cash and up to $2 billion of debt.
T-Mobile announced Tuesday that it plans to acquire most of U.S. Cellular, including stores, some of the wireless operator’s spectrum and its customers, in a deal worth $4.4 billion. The deal includes cash and up to $2 billion of debt.
T-Mobile US raised its annual forecast for growth in monthly bill-paying phone subscribers on Thursday, as more people take to its plans that bundle high-speed internet with access to streaming services.
Wireless carrier T-Mobile US forecast monthly bill-paying phone subscriber growth for the year above estimates on Thursday, banking on its wide 5G coverage and promotional offers to draw in consumers.
T-Mobile stock moved higher early Wednesday after the wireless provider posted profit that beat estimates and raised the lower end of its full-year free cash flow forecast.
T-Mobile TMUS –0.86% shares are losing ground late Thursday after the mobile carrier announced mixed second quarter results.