T-Mobile US Makes Major Acquisitions and Strategic Moves in Wireless and Broadband Sectors

T-Mobile US has received approval from the U.S. Federal Communications Commission (FCC) for two significant transactions. The first approval allows T-Mobile to acquire UScellular’s wireless business for $4.4 billion, expanding its reach across mobile markets. The second transaction involves a joint venture with KKR to acquire a 50% stake in Metronet, a major fiber provider serving millions of homes and businesses across 17 states. Despite concerns over market competition, the FCC and the U.S. Department of Justice have granted these acquisitions, with officials highlighting the potential benefits for consumers and network improvements.