T-Mobile Acquires UScellular's Wireless Operations
August 1, 2025
T-Mobile US, Inc. has completed the acquisition of substantially all of UScellular's wireless operations and specified spectrum assets for approximately $4.3 billion after adjustments, consisting of $2.6 billion in cash and about $1.7 billion in assumed debt. The deal (closed August 1, 2025) adds roughly 4.4 million customers, ~4,400 towers and valuable low-band spectrum to T‑Mobile’s network while Array Digital Infrastructure (formerly UScellular) will retain a large tower portfolio and certain spectrum holdings.
- Buyers
- T-Mobile US, Inc.
- Targets
- UScellular (wireless operations)
- Sellers
- Array Digital Infrastructure, Inc. (formerly United States Cellular Corporation / UScellular), Telephone and Data Systems, Inc. (TDS), Farmers Cellular Telephone Company, Inc., Iowa RSA No. 9 Limited Partnership, Iowa RSA No. 12 Limited Partnership
- Industry
- Telecommunications
- Location
- Illinois, United States
- Transaction Type
- Divestiture
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