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T-Mobile agrees to acquire UScellular's wireless operations and expand its 5G network, with expected cost synergies and benefits for customers.

T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.

:T-Mobile will buy almost all of regional carrier United States Cellular's wireless operations including customers, stores and 30 per cent of its spectrum assets in a deal valued at $4.4 billion, the telecom giant said on Tuesday.U.S. Cellular's shares jumped more than 10 per cent in trading before the bell a

Existing customers will be able to either keep their old plans or switch to a new T-Mobile one.

T-Mobile is buying U.S. Cellular’s wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.

T-Mobile agreed to buy most wireless assets of U.S. Cellular for $4.4 billion, including debt. T-Mobile stock wavered on the deal.

T-Mobile is buying U.S. Cellulars wireless operations and certain spectrum assets in a deal valued at $4.4 billion. T-Mobile will get U.S. Cellulars wireless operations and about 30% of spectrum assets across several spectrum bands.

T-Mobile CEO Mike Sievert said the deal will “create a better experience for all of our customers with more coverage and more capacity."

T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.

These are the stocks posting the largest moves in premarket trading.