T-Mobile buys wireless spectrum from US Cellular for $308 million
REUTERS/Fred Prouser - T-Mobile US Inc agreed to buy wireless spectrum covering the Mississippi Valley region from US Cellular Corp for about $308 million in cash.
By PETER SVENSSON NEW YORK - AT&T Inc. said Sunday it will buy T-Mobile USA from Deutsche Telekom AG in a cash-and-stock deal valued at $39 billion that would make it the largest cellphone company in the US The deal would reduce the number of wireless carriers with national coverage from four to three, and is sure to face close regulatory scrutiny.