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T-Mobile Agrees to Acquire Most of U.S. Cellular in a $4.4 Billion Deal

Communications giant T-Mobile has an agreement in place to acquire most of the mobile network operator U.S. Cellular. The deal, which is expected to be closed at some point in 2025, is worth $4.4 billion. According to an announcement made by T-Mobile, the company will...

T-Mobile US Acquires Ryan Reynolds’ Mint Mobile for $1.35 Billion

Actor Ryan Reynold long maintained that his mobile virtual network operator Mint Mobile is an affordable and customer-focused alternative to big telecommunication companies. However, that didn’t stop him from selling it to one. According to an announcement made earlier this week, T-Mobile US has acquired...

T-Mobile to Sell Wireline Business to Cogent in Billion Dollar Deal

T-Mobile US Inc announced on Wednesday its intention to offload its wireline business to Cogent Communications Holdings Inc. While the exact purchase price has not been disclosed, a $1 billion pre-tax charge in the third quarter of 2022 is expected to be imposed as...

T-Mobile Settles 2021 Data Breach Suit for $350 Million

The data breach and cyberattack that cost more than 76 million T-Mobile users their data in 2021 is going to be pricey for the telecommunication company. According to an SEC filing on Friday, T-Mobile settled a resulting lawsuit for a sum of $350 million. The...