Telecom consolidation continues: T-Mobile and Verizon eye US Cellular next
- T-Mobile and Verizon are reportedly in talks to acquire US Cellular in separate deals.
- T-Mobile is already nearing a $2 billion deal for a significant portion of US Cellular.
- Verizon’s negotiations for the purchase of the remaining US Cellular assets are in an earlier stage.
Industry giants T-Mobile and Verizon are in discussions to purchase separate portions of regional carrier US Cellular, according to a recent Wall Street Journal report.
Sources close to the negotiations state that T-Mobile is already nearing the finalization of a $2 billion deal for a significant part of US Cellular. Simultaneously, Verizon is considering a purchase of the remaining assets, although discussions remain less advanced.