Previous close | 166.00 |
Open | 165.54 |
Bid | 167.28 x 300 |
Ask | 167.54 x 300 |
Day's range | 165.37 - 168.71 |
52-week range | 124.92 - 168.71 |
Volume | |
Avg. volume | 4,363,888 |
Market cap | 196.062B |
Beta (5Y monthly) | 0.48 |
PE ratio (TTM) | 22.76 |
EPS (TTM) | 7.35 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 2.60 (1.57%) |
Ex-dividend date | 31 May 2024 |
1y target est | 187.35 |
T-Mobile (TMUS) has announced its intention to acquire a majority stake in United States Cellular Corporation (USM). The acquisition, valued at $4.4 billion, will use US Cellular's wireless network to enhance T-Mobile's connectivity and coverage, particularly in rural areas. Yahoo Finance's Brad Smith and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
BELLEVUE, Wash., May 29, 2024--T-Mobile (NASDAQ: TMUS) and UScellular (NYSE: USM) today announced that T-Mobile has agreed to acquire substantially all of UScellular’s wireless operations. This includes UScellular’s wireless customers and stores, as well as certain specified spectrum assets.
T-Mobile US Inc., the second-largest mobile carrier in the US, has agreed to buy US Cellular Corp.'s wireless operations and some of its spectrum assets for about $2.4 billion. Bloomberg's Lynn Doan reports.