The Department of Justice (DOJ) no longer opposes the merger of T-Mobile and UScellular and has closed its investigation into the matter, the department said in a July 10 statement.
In May last year, the companies had announced an agreement in which T-Mobile would acquire “substantially all of UScellular’s wireless operations” in a $4.4 billion deal, T-Mobile said in a May 28, 2024, statement. The transaction was set to be completed by mid-2025, provided regulatory conditions and other requirements were met.
The DOJ investigated the matter, looking at how it would affect customers and the potential impact of consolidation in the wireless spectrum.
“After a thorough investigation, the Antitrust Division determined prudentially not to seek an injunction to prevent T-Mobile from closing on its proposed acquisition of UScellular,” Assistant Attorney General Gail Slater from the DOJ’s antitrust division said….