As reported earlier this month, regional wireless carrier US Cellular is being sold for parts. T-Mobile has reached an agreement to take on US Cellular's wireless customers and stores, as well as "certain specified spectrum assets", for $4.4 billion. Current US Cellular customers will become T-Mobile customers. The spectrum will help T-Mobile improve the coverage and capacity of its network, particularly in rural areas. The deal also includes a long-term lease for space on at least 2,100 towers. Previous reporting points to Verizon negotiating to acquire the majority of US Cellular's spectrum assets.
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