T-Mobile Acquires UScellular's Wireless Operations

T‑Mobile US / Deutsche Telekom Acquires Sprint from SoftBank (challenged in federal antitrust suit)

June 17, 2022

Telecommunications

T‑Mobile US (controlled by Deutsche Telekom) completed its acquisition of Sprint, previously controlled by SoftBank Group, consolidating the U.S. wireless market from four national carriers to three. Plaintiffs filed a federal class action alleging the merger reduced competition and caused billions in higher wireless prices for consumers and businesses.

T-Mobile US to Acquire Ka'ena Corporation (Mint Mobile, Ultra Mobile, Plum) for Up to $1.35 Billion

March 15, 2023

Telecommunications

T-Mobile US has entered into a definitive agreement to acquire Ka'ena Corporation and its subsidiaries and brands, including Mint Mobile, Ultra Mobile, and wholesale wireless provider Plum. T-Mobile will pay up to $1.35 billion (39% cash and 61% stock), with the transaction expected to close later in 2023, subject to customary closing conditions.

Verizon Acquires Certain Assets of Bluegrass Cellular

October 19, 2020

Telecommunications

Verizon Communications has signed an agreement to acquire certain assets of Bluegrass Cellular, a rural wireless operator serving central Kentucky with roughly 210,000 customers across 34 counties. The transaction—subject to FCC approval—is intended to expand Verizon's footprint in Kentucky and will transition Bluegrass customers and employees to Verizon; closing was expected late 2020 or early 2021.

Alliance US Holdings, LP Acquires DiscountCell, LLC

October 2, 2023

Telecommunications

Alliance US Holdings, LP (backed by Lee Equity Partners and Twin Point Capital) has acquired DiscountCell, LLC, a government-contract-awarded vendor providing procurement access for state and local governments and education organizations. The deal expands Alliance's value-added wireless distribution platform (which includes Alliance Corporation, GetWireless, and TESSCO) and strengthens its government/public-sector and IoT/fixed wireless capabilities.

GTCR Acquires Controlling Stake in Consumer Cellular

October 28, 2020

Telecommunications

GTCR has agreed to acquire a majority interest in Consumer Cellular, the U.S. wireless provider focused on customers 50+, in a transaction expected to close by the end of 2020. Founder and CEO John Marick will retire but remain a board member and shareholder; GTCR said it will invest to continue the company’s growth while Consumer Cellular retains its offices and nearly 2,000 employees.

T-Mobile Acquires Octopus Interactive

January 10, 2022

Marketing & Advertising

T-Mobile (through its Marketing Solutions business) has acquired Octopus Interactive, the largest national network of interactive video screens inside Uber and Lyft vehicles. The deal brings Octopus's rideshare advertising capabilities and audience reach into T-Mobile's ad-tech offering, powering drivers' devices on T-Mobile's network and expanding Marketing Solutions' out-of-home advertising inventory.