T-Mobile, U.S. Cellular and Justice Department
Digest more
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.
16hon 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,
Mobile's acquisition of competitor UScellular. The move came a day after T-Mobile announced it had dropped its diversity, equity, and inclusion programs, a frequent target for Trump's administration.
United States Cellular Corporation (NYSE: USM) and Telephone and Data Systems, Inc. (NYSE: TDS) announce that the Federal Communications Commission issued an order today approving our transaction with T-Mobile US,
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."
The Department of Justice dropped its antitrust investigation into T-Mobile US’ pending purchase of smaller telecommunications rival UScellular, but warned the deal could mark an anticompetitive turning point for the domestic wireless telecommunications industry.
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,