The U.S. Department of Justice has cleared T-Mobile US’ acquisition of UScellular’s wireless business after the termination of its diversity, equity, and inclusion (DEI) programs. The DOJ emphasized the benefits of the deal outweighing potential harm, citing UScellular’s lack of competitiveness. Industry analysts highlight the importance of this acquisition amid market dominance concerns and the need for a viable fourth competitor. Additionally, T-Mobile pledged to end its DEI policies, aligning with similar industry movements.
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- T-Mobile US Receives Approval for $4.4 Billion Acquisition Following DEI Policy Changes