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T-Mobile spends $9.3B on 5G, fiber expansion

Telco turns to M&A to increase profitability

Madeline DurrettbyMadeline Durrett
August 6, 2024
in Investments, News
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Telecommunications provider T-Mobile is pledging $9.3 billion toward strategic acquisitions to expand its 5G and fiber broadband coverage in North America. The Bellevue, Wash.-based company recently announced these acquisitions:  A $4.9 billion stake in fiber optic connectivity provider Metronet announced July 24; and  The $4.4 billion purchase of mobile network operator UScellular announced May 28.  […]

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Tags: Dell'Oro GroupKKRMandatesMetronetPremiumT-MobileUScellular
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