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 p.c of its spectrum.

Should you’re a UScellular buyer, you don’t must do something. “UScellular prospects keep on their current plans with no modifications for now,” the service said. You possibly can proceed to handle your account via 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 realize 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 non-public sector.

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