DOJ Shuts Down Investigation on T-Mobile-UScellular Merger

Contact Your Elected Officials

The decision came two days after T-Mobile said it was ceasing all DEI practices at the company.

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 โ€œsubstantially all of UScellularโ€™s wireless operationsโ€ 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.

โ€œAfter 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,โ€ Assistant Attorney General Gail Slater from the DOJโ€™s antitrust division said.

UScellular focuses on rural customers, offering plans and other services that the โ€œBig 3โ€ telecommunications companiesโ€”Verizon, AT&T, and T-Mobileโ€”did not offer and which its customers valued, Slater said.

However, the limited regional footprint and unique structural limitations within which UScellular functions led to the company being unable to โ€œkeep up with the escalating cost of capital investments in technology required to compete vigorously in the relevant market,โ€ he added.

If this situation continues, it would lead to a โ€œslow degradationโ€ in network quality for UScellular subscribers, according to Slater.

T-Mobileโ€™s commitment to integrate the two networks to ensure faster data speeds benefits UScellular users, he said.

โ€œAccordingly, the department concluded the loss of the local offerings that UScellular customers value was outweighed by the immediate improvements in network quality promised by this proposed transaction,โ€ Slater said.

The DOJโ€™s decision came two days after T-Mobile sent a letter to Federal Communications Commission Chairman Brendan Carr on July 8, notifying that the company has officially scrapped its diversity, equity, and inclusion (DEI) programs.

By Naveen Athrappully

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Cherished Unalienable Rights

In the USA, the โ€œrightsโ€ of life, liberty, and the pursuit of happiness are written endowments, supposedly, held sacred, and secured and protected by govt.

ANOTHER Private Bill Gates-Trump Meeting in the White House โ€” Why?

The notion that Bill Gates concerns himself with โ€œprotecting Americansโ€™ healthโ€ is so delusional that anyone buying that is too far gone to be saved.

Hereโ€™s What the USโ€™ Security Guarantees For Ukraine Might Look Like

Western security guarantees for Ukraine are one of the main issues delaying a political resolution to the conflict. Russia launched its SMO primarily in response to NATO-emanating threats from Ukraine.

The Cost of Anger

I will not write much here. There are no words I can say. I only wish to remember those forgotten casualties, the unseen cost of the current antagonism in America.

Another Mass Trans Shooter Not to be Discussed

Robin (Robert) Westman was identified by police as the suspect behind a shooting at a Catholic school that left two children dead and 17 others injured.

Gov. Greg Abbott Signs Texas Redistricting Map Favoring Republicans

TX Gov. Greg Abbott signed bill into law aimed at flipping 5 U.S. House seats Texas in Republicansโ€™ favor amid a redistricting battle that includes CA.

Fox and YouTube TV Reach Carriage Deal, Preventing Disruption for Subscribers

Fox Corp and YouTube reached a deal to renew their carriage agreement, ensuring Fox channels remain available on YouTube TV.

At Wisconsin Steel Plant, Vance Touts Tax Cuts and Spending Bill

VP Vance told workers at the Mid-City Steel in La Crosse, WI, that tax cuts and federal spending outlined in a new law will benefit working-class Americans.

Child Who Shielded Friends During Minneapolis School Shooting Praised by Officials

Officials praised children at Annunciation Catholic School in MN who put themselves in harmโ€™s way to protect their friends during a mass shooting.

Trump Admin Moves to Cut $4.9 Billion in Foreign Aid Funding

President Donald Trump on Aug. 28 moved to cancel $4.9 billion in appropriated funds for foreign aid spending.

Trump Admin Removes Secret Service Protection for Former VP Harris, Official Says

VP Harris' Secret Service protection was revoked. Former vice presidents generally get federal protection for six months after they leave office.

Health Official Tapped to Be Acting Director of CDC

Trump has chosen HHS Deputy Secretary Jim O'Neill as the CDCโ€™s acting director, an administration official told The Epoch Times on Aug. 29.

US Tariff Exemption for Low-Cost Imports Has Ended

On Aug. 29, the United States ended a trade policy that facilitated the shipment of low-value goods into the country for years.
spot_img

Related Articles