T-Mobile US plans to buy UScellular’s wireless operations and about 30% of the smaller operator’s spectrum assets across multiple bands. This move takes the last of the large, regional U.S. operators out of the retail wireless business and turns it into a wireless infrastructure company.
T-Mo will buy the spectrum, UScellular’s subscribers, operations and network assets except for the company’s owned towers.
UScellular will retain the nearly 4,400 towers that it owns, as well as about 70% of its spectrum and its equity method investments including its wireless partnerships, which the company said generated about $158 million in income last year.
