The Business Times

T-Mobile

Capital Markets & Currencies

Buffett buys US$1.6 billion UnitedHealth stake, sells T-Mobile

Berkshire’s Apple stake remains its largest equity stake by market value, despite it falling by about US$9.2 billion in the three months ended Jun 30

The US Department of Justice’s antitrust division said it was closing its investigation without seeking to block the deal announced in May 2024 for T-Mobile to take over UScellular’s wireless operations including customers, stores and 30 per cent of its spectrum assets.
Telcos, Media & Tech

US Justice Department to allow T-Mobile’s US$4.4 billion acquisition of UScellular

[WASHINGTON] US antitrust enforcers greenlit T-Mobile’s US$4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump administration as it takes a softer approach to corpo...

The T-Mobile stake sale would be the latest example of SoftBank founder Masayoshi Son tapping past investment successes – such as an early bet on Alibaba Group Holding that’s yielded thousands-fold returns – to fund new ventures.
Telcos, Media & Tech

SoftBank sells T-Mobile stake for US$4.8 billion to bet on AI

The Tokyo-based technology group sold 21.5 million T-Mobile shares for US$224 each

T-Mobile will be paying a total of US$4.4 billion, which includes a combination of cash and as much as US$2 billion in assumed debt.
Telcos, Media & Tech

T-Mobile to buy US Cellular assets for some US$2.4 billion

The deal includes US Cellular’s wireless customers, retail stores and 30% of its spectrum assets

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