T-Mobile Acquires UScellular's Wireless Operations

T‑Mobile US / Deutsche Telekom Acquires Sprint from SoftBank (challenged in federal antitrust suit)

June 17, 2022

Telecommunications

T‑Mobile US (controlled by Deutsche Telekom) completed its acquisition of Sprint, previously controlled by SoftBank Group, consolidating the U.S. wireless market from four national carriers to three. Plaintiffs filed a federal class action alleging the merger reduced competition and caused billions in higher wireless prices for consumers and businesses.

Verizon Acquires Certain Assets of Bluegrass Cellular

October 19, 2020

Telecommunications

Verizon Communications has signed an agreement to acquire certain assets of Bluegrass Cellular, a rural wireless operator serving central Kentucky with roughly 210,000 customers across 34 counties. The transaction—subject to FCC approval—is intended to expand Verizon's footprint in Kentucky and will transition Bluegrass customers and employees to Verizon; closing was expected late 2020 or early 2021.

T-Mobile Acquires Ka'ena Corporation (Mint Mobile, Ultra Mobile & Plum)

March 15, 2023

Telecommunications

T-Mobile US agreed to acquire Ka'ena Corporation and its brands Mint Mobile, Ultra Mobile, and wholesaler Plum for up to $1.35 billion in a mix of cash and stock. The deal will bring the D2C prepaid brands and wholesale capabilities onto T‑Mobile’s nationwide 5G network while keeping the brands as a distinct business unit and retaining key founders and creative partners.

Alliance US Holdings, LP Acquires DiscountCell, LLC

October 2, 2023

Telecommunications

Alliance US Holdings, LP (backed by Lee Equity Partners and Twin Point Capital) has acquired DiscountCell, LLC, a government-contract-awarded vendor providing procurement access for state and local governments and education organizations. The deal expands Alliance's value-added wireless distribution platform (which includes Alliance Corporation, GetWireless, and TESSCO) and strengthens its government/public-sector and IoT/fixed wireless capabilities.

TELUS Corporation Acquires TELUS Digital

October 31, 2025

Cloud & SaaS

TELUS Corporation completed the acquisition of all outstanding shares of TELUS Digital for US$4.50 per share (approximately US$539 million aggregate consideration), taking TELUS Digital private and making TELUS the 100% owner. The deal is intended to accelerate integration of AI-powered digital customer experience, SaaS capabilities and cross‑company growth opportunities across TELUS’ telecommunications, health, agriculture and consumer goods businesses while delivering operational synergies.

GTCR Acquires Controlling Stake in Consumer Cellular

October 28, 2020

Telecommunications

GTCR has agreed to acquire a majority interest in Consumer Cellular, the U.S. wireless provider focused on customers 50+, in a transaction expected to close by the end of 2020. Founder and CEO John Marick will retire but remain a board member and shareholder; GTCR said it will invest to continue the company’s growth while Consumer Cellular retains its offices and nearly 2,000 employees.