US Mobile to be acquired by T-Cellular and Verizon (report)

After efficiently buying Mint Cellular for $1.3 billion, T-Cellular is now eyeing one more regional service, US Mobile. The latter has been on the lookout for potential patrons for fairly some time, so it’s now only a matter of providing the fitting value for its belongings.

In line with a current Wall Street Journal report, US Mobile may be very near be offered to 2 main carriers within the nation: T-Cellular and Verizon. Supply conversant in US Mobile’s plans declare that negotiations with T-Cellular are virtually over and the Un-carrier will buy an enormous chunk of US Mobile for about $2 billion.

The remainder of US Mobile belongings are anticipated to be acquired by Verizon, however negotiations have stalled for unknown causes. Each T-Cellular and Verizon will buy US Mobile’s operations and spectrum licenses, however the regional MVNO will get to maintain all its 4,000 cell towers, which will likely be offered individually.

The explanation T-Cellular and Verizon each made gives for US Mobile belongings is to keep away from any potential antitrust issues. If negotiations between Verizon and US Mobile fail, it’s unlikely that T-Cellular will decide to accumulate all of the regional service’s belongings as an alternative.