Two stocks hitting 52-week highs today that may be catching investors' attention are T-Mobile (TMUS)  and Qualcomm (QCOM) . Notably, T-Mobile’s continued expansion made headlines this morning on the announcement that it would buy U.S. Cellular’s (USM)  wireless operations for $4.4 billion.Meanwhile, Qualcomm’s AI initiatives have been very compelling which has helped its stock spike +48% year to date with T-Mobile shares up a respectable +4%. Even better, over the last year, Qualcomm’s stock has now soared ...

T-Mobile is buying U.S. Cellular’s wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.T-Mobile would get more than 4 million new customers and control of U.S. Cellular’s wireless operations and about 30% of spectrum assets across several spectrum bands. T-Mobile will also enter into a new master license agreement on more than 2,000 towers and extend the lease term for the approximately 600 towers where T-Mobile is already a tenant.T-Mobil ...

T-Mobile (NASDAQ:TMUS) stock is in the green today after the company announced a new deal to buy U.S. Cellular (NYSE:UZD). In the $4.4 billion transaction, T-Mobile will acquire most of U.S. Cellular, including the company’s stores, assets, and customers.As part of the deal, T-Mobile will pony up both cash and up to $2 billion of debt. T-Mobile will gain roughly 30% of U.S. Cellular’s wireless spectrum, which it intends to use to enhance its coverage in more rural parts of the country. Per the deal, current ...

Key TakeawaysT-Mobile announced an agreement Tuesday to acquire most of U.S. Cellular's wireless operations for about $4.4 billion.The deal would give T-Mobile a larger footprint among more rural areas of the U.S.U.S. Cellular shares jumped soon after the opening bell. Telecommunications giant T-Mobile (TMUS) announced Tuesday that it would acquire "substantially all" of U.S. Cellular's (USM) wireless operations in a deal valued at $4.4 billion. U.S. Cellular customers would receive access to T-Mobile's exp ...

ToplineT-Mobile will buy most of U.S. Cellular’s operations in a deal valued at $4.4 billion, both companies announced Tuesday, the latest billion-dollar transaction by the wireless carrier as it expands coverage to millions of more customers.The wireless carrier will assume billions of dollars in debt as part of the transaction. Getty Images Key FactsThe deal will include a combination of cash and about $2 billion in assumed debt, T-Mobile and U.S. Cellular said in a joint statement. T-Mobile will acquire ...

Telecoms giant T-Mobile is buying US Cellular's wireless operations for $4.4 billion.The regional carrier has been up for sale since last year and mostly services rural customers.T-Mobile also recently finalized the acquisition of Ryan Reynolds-backed Mint Mobile. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...

T-Mobile announced on Tuesday that it agreed to acquire "substantially all" of U.S. Cellular’s wireless operations in a deal valued at $4.4 billion.  Under the deal, T-Mobile will acquire all of U.S. Cellular’s wireless customers and stores. The deal also includes up to $2 billion in debt. T-Mobile said the deal would "create a much-needed choice for wireless in areas with expensive and limited plans from AT&T and Verizon, and for those that have been limited to one or no options for home broadband connecti ...

T-Mobile US, Inc. (NASDAQ:TMUS) J.P. Morgan Global Technology, Media and Communications Results Conference May 21, 2024 1:05 PM ET Company Participants Mike Sievert - President and Chief Executive Officer Conference Call Participants Sebastiano Petti - J.P. Morgan Sebastiano Petti Good afternoon, everybody. I'm Sebastiano Petti, and I cover the telecom cable and satellite space for JPMorgan. I want to welcome T-Mobile President and CEO since 2020, Mike Sievert. Mike, thanks for joining us today. Mike Siever ...

T-Mobile US, Inc. (NASDAQ:TMUS) J.P. Morgan Global Technology, Media and Communications Results Conference May 21, 2024 1:05 PM ET Company Participants Mike Sievert - President and Chief Executive Officer Conference Call Participants Sebastiano Petti - J.P. Morgan Sebastiano Petti Good afternoon, everybody. I'm Sebastiano Petti, and I cover the telecom cable and satellite space for JPMorgan. I want to welcome T-Mobile President and CEO since 2020, Mike Sievert. Mike, thanks for joining us today. Mike Siever ...

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