T-Mobile, U.S. Cellular and FCC
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Mobile US Inc.’s $4.4 billion purchase of US Cellular Corp.’s wireless operations and some of its spectrum assets, despite some concerns about the deal.“After a thorough investigation, the Antitrust Division determined prudentially not to seek an injunction to prevent T-Mobile from closing on its proposed acquisition of US Cellular,
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,
Three men, who officials believe are in the U.S. illegally, have been arrested after being accused of cutting and stealing copper coaxial lines from a U.S. Cellular antenna site.
U.S. stocks are down in morning trading Friday, pulling the market back from all-time highs, as the Trump administration escalates its tariff threats against Canada. The S&P 500 was down 0.4% a day after setting a record high.
The Justice Department won’t challenge T-Mobile US Inc.’s $4.4 billion purchase of US Cellular Corp.’s wireless operations and some of its spectrum assets, despite some concerns about the deal.
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The decision removes the last legal hurdle to the deal, which must still be approved by the Federal Communications Commission. The Puget Sound Business Journal, in partnership with Roundglass, invites you to celebrate with us at the 2025 Excellence in Wellbeing Awards!
U.S. stocks are mostly lower in afternoon trading Friday, pulling the market back from all-time highs, as the Trump administration escalates its tariff threats against Canada. The S&P 500 was down 0.3% a day after setting a record high. The benchmark index is on pace to post its first weekly loss in three weeks.
Stocks are edging lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier. The S&P 500 was down 0.3% in
Mobile's $4.4 billion purchase of UScellular. Despite potential risks to competition from spectrum consolidation, the antitrust division did not find grounds to block the deal, reflecting a softer stance on corporate mergers under President Trump's administration.