T-Mobile's purchase of USCellular for $4.4 billion includes assuming up to $2 billion of USCellular's debt. The deal aims to provide USCellular customers with access to T-Mobile's 5G technology, plans, and customer service, expanding coverage particularly to underserved and rural areas.
T-Mobile CEO Mike Sievert expressed the merger will bring lower-priced plans, better connectivity, and increased competition, pushing rival companies to enhance their services. USCellular's CEO, Laurent Therivel, stated the deal serves the interests of customers and shareholders, focusing on completing the transaction efficiently.
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