Presently, T-Cellular is passing regulatory scrutiny over the $4.4 billion buy of US Mobile’s shops, prospects, and mobile community. The provider, nevertheless, stored practically 70% of its spectrum holdings and is now promoting them to the best bidder.
We’re happy with the numerous worth that can be realized within the numerous transactions just lately introduced. This settlement provides a fourth cellular community operator, along with T-Cellular, to the record of these whose subscribers will profit from the sale of our spectrum licenses. As with the opposite cellular community operators, we’re assured that AT&T can put it to productive use in communities all through the U.S. Moreover, the phrases of the settlement will be sure that there can be continued, uninterrupted service for UScellular prospects within the interim.
Laurent C. Therivel, President and CEO of US Mobile, November ’24
TDS, the massive US Mobile shareholder, has already permitted the sale, however the cope with AT&T will solely undergo if T-Cellular closes its acquisition and US Mobile manages to accumulate a number of the bought spectrum licenses from a 3rd get together proprietor.
Verizon already purchased $1 billion price of spectrum licenses within the 850 MHz band, in addition to Superior Wi-fi Companies within the 695–2200 MHz vary and Private Communications Companies (PCS) bands within the 1850–1995 MHz spectrum.