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US Cellular up after DOJ clears way for T-Mobile's $4.4 billion deal

ReutersJul 10, 2025 9:17 PM

Shares of regional wireless carrier United States Cellular USM.N up 1.7% at $68.74 after the bell

U.S. antitrust enforcers clear T-Mobile's TMUS.O $4.4 billion acquisition of USM; say that U.S. Cellular customers would get more reliable service from the deal

Gail Slater, head of the justice department's antitrust division says that the DOJ is closing its investigation without seeking to block the merger

TMUS last year agreed to buy almost all of USM's wireless operations, including customers, stores and 30% of its spectrum assets

USM up 7.7% YTD

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